Monash University unveils new spinout company to drive net zero initiatives

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Image credit: n0de

Former Monash University staff members and alumni Rob Brimblecombe and Scott Ferraro, who lead the award-winning Net Zero Initiative, have established n0de, a new spinout firm that will enable enterprises to activate and accelerate their net zero transition.

In a news release, the university said that n0de, with the support of co-founders’ significant knowledge and the creation of their digital platform, provides businesses with the confidence and competence to accomplish their net zero objectives faster and more cost-effectively.

Brimblecombe said the spinout’s vision is “a world where all businesses are empowered to lead the global transition to a renewable-powered future.”

He said that the firm aims to provide solutions that will allow organisations to embark on their own net zero transition in a more efficient, transparent, and useful manner.

Dr Alastair Hick, chief commercialisation officer in the Office of the Deputy Vice-Chancellor (Enterprise and Engagement) at Monash University, expressed his delight and support for n0de’s seed stage investment.

He stated that they have been assisting the n0de team in developing their business concept for two years, which includes participation in the 2022 Generator Accelerator program.

“We’re excited to announce our support for their seed stage investment through Monash Investment Holdings, aligning with our strategic commitment to address the global climate change challenge,” said Dr Hick. 

According to the university, the success and strategic value of n0de is driven by its relationship to Monash’s own net zero transformation, which is being accomplished through the continuous development of a cutting-edge digital platform that will assist companies in activating and navigating their net zero transition. 

The platform will also aid in the delivery of net zero action plans by assisting clients in understanding their present status of emissions and potential options to reduce them in order to fulfil their net zero objectives. 

Monash also stated that these plans will become dynamic with the integration of client data sets, allowing customers to get started with fast wins, demonstrate progress, capture value, and gradually build up the knowledge, data, and momentum to turn their firm into net zero leaders. 

“Working with an organisation’s net zero champions, such as their sustainability manager, we will automate and simplify the net zero planning phase,” said co-founder Scott Ferraro. 

He said that by integrating readily available energy and asset data with our extensive understanding of successful net zero implementation and solutions, the spinout will be able to develop a customised, dynamic plan in a short span of time to assist clients. 

Peter Marshall, Monash University’s chief operating officer and senior vice-president, stated that n0de will assist in translating knowledge gained from Monash’s Net Zero Initiative to have a beneficial impact outside university campuses.

“Through n0de, the practical knowledge and expertise of Monash University’s Net Zero Initiative will support other organisations in their pursuit of net zero emissions,” said Marshall. 

He added, “Climate change is a global challenge of our age, and sharing new knowledge and solutions with each other is pivotal to creating a more globally sustainable future.”

For more information, you may visit n0de’s website