The Scottish National Investment Bank has granted £3 million to the UK’s first dedicated natural insulation factory that also has the capability of capturing a total of 10,500 tonnes of CO2 per year.
IndiNature, a pioneering company that specialises in sustainable insulation, was provided the grant through the Zero Waste Scotland (£803k) and South of Scotland Enterprise (£250k) as part of the company’s initiative to capture carbon from its factory.
At capacity, the site will be able to capture a total of 10,500 tonnes of carbon dioxide (CO2) per year, equating to the equivalent impact on the climate ‘crisis’ as planting more than five million trees.
Scott Simpson, CEO, IndiNature, said, “We couldn’t be happier having the Scottish National Investment Bank back us – it’s a strong mission fit.”
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