Carbios
Euronext Growth: ALCRB57Mixed / Improving· ProvisionalDevelops enzymatic biorecycling technology that depolymerizes PET plastics and polyester textiles into virgin-quality monomers, enabling infinite closed-loop plastic recycling.
Why it's on ClimateTicker
Carbios has a genuinely differentiated climate thesis: its enzymatic depolymerization of PET plastics and polyester textiles into virgin-quality monomers could close the loop on one of the most widely produced but poorly recycled polymers on earth, directly displacing fossil-based virgin PET. The technology has cleared the demonstration phase and has signed real pre-commercial agreements with brands like L'Oréal, Patagonia, and PepsiCo. However, the company remains pre-revenue at scale, its flagship industrial plant is delayed to 2027–2028 due to financing difficulties, and no independently validated SBTi targets or CDP disclosure have been found — so the climate impact, while credible in design, is not yet operationally delivered.
Commitments & Certifications
Controversy & Greenwashing Watch
Originally targeted for 2025 commissioning, the flagship plant has been delayed multiple times due to financing difficulties, with operational startup now pushed to H1 2028 — three years late — raising questions about commercialization viability.source ↗
CEO Emmanuel Ladent departed in December 2024, temporarily replaced by founder Philippe Pouletty who himself resigned in March 2025, before Vincent Kamel was installed as permanent CEO — creating a prolonged period of leadership instability.source ↗
Carbios announced a restructuring plan in January 2025 that could eliminate approximately 40% of staff positions, linked to cash preservation following financing delays.source ↗
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