“Our Company sees environmental initiatives and innovations as priority and organic focus areas ensuring its sustainable development in the long term and Skolkovo GreenTech Startup Booster program brings together these development vectors and deliver synergies. We expect that joint scouting will allow us to find new technologies aimed to improve the quality of life and contribute to environmental sustainability. Such programs allow us to look at global ESG challenges such as carbon footprint reduction, waste recycling and others from a different angle. We also attach particular importance to cooperation with young professionals and scouting for talent willing to work in one of the fastest-growing and promising green industries”, said Vadim Drujina, Senior Vice-President, Strategic Development, Ilim Group.

“Technology innovations offer significant opportunities for implementation of the large corporations’ sustainable growth strategies. With its GreenTech Startup Booster program, Skolkovo Fund pools efforts of large Russian and international corporations to develop technologies that create the foundation for a green economy in Russia. Ilim Group, the partner of our accelerator program, has competencies and experience in development and implementation of innovations that offer additional opportunities and create new markets for technology startups”, said Mikhail Tykuchinsky, Development Director, Energy Efficiency Cluster, Skolkovo Fund.