Fungi Solutions is a finalist in the Circular Economy Innovation category of the Premier’s Sustainability Awards 2022 for its innovative alternative to plastics, and other non-environmentally friendly packaging materials.
The bio-tech start-up uses fungi to recycle and transform organic waste into home compostable products and packaging. After use, the products can be returned to the earth in just 12 weeks to enrich the soil, and improve the natural soil microbiome.
And, through its growing community network, Fungi Solutions also connects local waste producers with local businesses looking for sustainable packaging solutions.
So far, the company has rescued 888kg of local waste, captured 2250kg of carbon, and generated additional revenue streams for local producers.
The Circular Economy Innovation category recognises individuals and organisations who are helping to accelerate Victoria’s transition to a circular economy by aligning to the principles of eliminating waste and pollution, keeping products and materials in use at their highest value, and regenerating nature.
Matt Genever, Sustainability Victoria’s interim CEO, said the awards were an important opportunity to recognise the individual Victorians, community groups, councils, and businesses who are making a positive impact on the world around us.
“By recognising the innovative work being done in sustainability, we aim to inspire others so that together we can progress faster towards our goal of a climate-resilient, circular economy with net zero emissions,” said Genever.
“We’re particularly excited to be working at the grassroots level discovering, assessing and celebrating excellence in sustainable development across the state.”
Now in its 20th year, the Premier’s Sustainability Awards are Victoria’s most highly recognised annual sustainability awards program comprising of six categories, including Circular Economy Innovation, Future Energy, Healthy and Fair Society, Sustainable Places and Destinations, Thriving Environment, and Waste and Litter Reduction.
The judging panel included a broad range of independent environmental experts selected for their sustainability and industry expertise.
For more details on the Premier’s Sustainability Awards finalists, click here.
