A North East business is on the cusp of a £1m prize win after becoming one of a handful of finalists to be shortlisted in the Earthshot Prize 2022.
The Earthshot Prize – founded by Prince William – today announces the 15 firms to make its grand final, from a longlist of 1,000 companies nominated. Seaham-based Low Carbon Materials (LCM), formerly called Sphera, has made the final for this year’s Earthshot Prize in the Fix Our Climate category, putting the company’s product among the three most impactful and inspiring solutions for environmental issues in its category.
Organised by The Royal Foundation of The Duke and Duchess of Cambridge, the Earthshot Prize was launched in 2020 and is the most prestigious global environment prize in history. The initiative’s goal is to incentivise change and help repair the planet over the next 10 years, with awards ceremonies planned to take place in 10 different cities across the world each year.
