Burn, a leading clean cookstove manufacturer, distributor, and carbon project developer, has been chosen by Fast Companyas the second most innovative company in Europe, the Middle East and Africa. Fast Company recognized Burn for its role in revolutionizing the clean cooking sector. Burn’s unique approach of blending in-country modern manufacturing, digital tracking, and home delivery has allowed the organization to scale to nine countries and helped twenty eight million people save over $1.1 billion in fuel costs.
Since 2011, Burn has sold 5.2 million biomass, LPG, and electric cooking appliances, including a cellular-enabled internet of things ( IoT) induction cooker that allows customers to transition from inefficient traditional stoves to zero-emission cooking. These stoves are made affordable with carbon credit finance which reduces end-user cost by 60-90%. Once in use, the stoves generate high integrity carbon credits, which fetch a premium in the market.
Innovative
According to Peter Scott, founder and CEO of Burn, the organization is honoured to have been selected for its innovative work in transforming Africa’s clean cooking sector. “ With three-stone fires and inefficient traditional stoves killing six hundred thousand people on the continent per year, eliminating indoor air pollution can save millions of lives. We are now positioned to roll out our lifesaving products to the nine hundred and fifty million people across the continent who still rely on dirty and inefficient stoves,” said Scott.
Every year, Fast Companyreviews companies driving progress around the world and across industries, evaluating thousands of businesses through a competitive application process. Their list of the most innovative companies shines a spotlight on companies shaping industry and culture through their innovations, celebrating those setting new standards in all sectors of the economy.
