Santa Cruz, CA— April 3, 2013. – Blume Distillation LLC, the leading provider of appropriate-scale alcohol fuel (bioethanol) production equipment, announced today that it has successfully completed its Global Impact Investing Ratings System (GIIRS) assessment and received certification, underscoring the company’s mission of generating positive social impacts for people, the planet and profit.
According to Blume Distillation CEO, Ryan Sarnataro, “It is important for companies providing technology and solutions that address life-critical social or environmental problems to have a way of objectively demonstrating those benefits. GIIRS certification moves a company’s discussion beyond anecdotes and helps investors readily identify opportunities with positive revenue, social and environmental impact potential.”
Blume Distillation is engaged in the design and development of turnkey appropriate-scale equipment that will produce alcohol fuel (bioethanol) from waste and surplus resources. This fuel is ideally suited to powering applications such as transportation, clean indoor cooking, electricity generation and refrigeration and provides a clean alternative to gasoline and diesel fuels.
“We are pleased to receive our GIIRS assessment,” said David Blume, founder and CTO of Blume Distillation LLC. “ Our appropriate-scale systems are designed to produce from 20,000 to 1 million or more gallons of fuel per year from a myriad of readily available starch, sugar and carbohydrate feedstocks. Alcohol fuel is a truly renewable energy that can be produced in almost every region of the world. Completing our evaluation process with the GIIRS organization, we have taken an important step in communicating our business’s mission and goals.”
GIIRS Ratings & Analytics (pronounced “gears”) stands for the Global Impact Investing Rating System. GIIRS is a comprehensive and transparent system for assessing the social and environmental impact of companies and funds using an approach analogous to Morningstar investment rankings and Capital IQ financial analytics. GIIRS allows entrepreneurs, companies, and fund managers to better serve their customers, workers, and communities by raising capital from mission-aligned investors based on the social and environmental impact of their underlying businesses or portfolio companies. For more information, visit http://giirs.org.
About Blume Distillation LLC
Blume Distillation LLC is focused on designing and developing world class small to mid-sized turnkey distillation systems that will produce bio-ethanol fuel from a diversity of locally available feedstock resources. Blume Distillation systems are suited to rapid deployment in a wide variety of commercial and geographic settings, designed to produce fuel at costs comparable or lower than large-scale producers. For information visit www.blumedistillation.com.
Tom Harvey VP Marketing, Blume Distillation LLC, + 01 (831) 722-1012 x105, firstname.lastname@example.org