01 May 2023
AION and Microsoft Norway enter collaboration to scale plastic circularity
AION and Microsoft Norway have signed a memorandum of understanding (MoU) to pursue joint innovation and explore co-sell opportunities within digital traceability of circular plastic products.
Globally, half of all greenhouse gas emissions and 90% of biodiversity loss are caused by extracting and processing primary raw materials. How far in the process to resolve this are we in 2023? Moving to more sustainable consumption requires a joint effort across industries, and this partnership seeks to accelerate the transition to more sustainable products.
AION and Microsoft Norway will work jointly to scale Aion’s circular digital technology platform, AION Loop, globally and explore how Microsoft’s cloud and AI services can accelerate innovation and the adoption of circular products.
Furthermore, AION and Microsoft Norway will explore joint go-to-market opportunities and how Microsoft’s global footprint could help the scaling of AION Loop.
Accelerate plastic circularity solutions
The world produces around 400 million tonnes of plastic waste every year, and the global demand for plastic continues to grow. There is an urgent need to stop plastic pollution and stagger the need for energy-intensive new plastic production. To tackle these challenges and meet upcoming regulatory tightening, there is a need for a system change that enables increased plastics recycling and circular solutions at industrial scale.
AION is in business to drive the transition towards a circular economy in industrial plastics. Value chain traceability and aggregated levels of circularity insights are core elements of this. We are delighted and very proud to partner with Microsoft on this journey. Industrial scale and global impact are both core to AIONs growth ambitions. Microsoft has a global industrial outreach unlike any other player, and Microsoft’s own impact ambitions is a testimony to their commitment.
Runa Haug Khoury, CEO of AION
Taking sustainable actions
In 2020 Microsoft announced its goal to achieve zero waste for Microsoft’s direct operations, products and packaging by 2030.
We are a strong supporter of the creation of circular models, not only for us to reach our own sustainability goals but also to allow our technology to enable others to do the same. Microsoft Norway is very pleased to see Norwegian technology and companies enabling global sustainable action and we are actively focusing our efforts to support the great work being done by AION.
Kristine Dahl Steidel, General Manager of Microsoft Norway.
The agreement was signed by AION CEO Runa Haug Khoury and GM of Microsoft Norway, Kristine Dahl Steidel.
AION specializes in helping clients across industries turn plastic challenges into valuable solutions, driving the transition towards a circular economy for industrial plastics. AION's digital platform, AION Loop, ensures value chain traceability and documented environmental effects.
About Microsoft Norway
Microsoft Norway enables digital transformation by empowering every person and organization on the planet to achieve more. Kristine Dahl Steidel is the General Manager of Microsoft Norway. Microsoft opened its Norwegian office in 1990 and today has more than 700 employees across its Oslo headquarters and offices in Trondheim and Tromsø.