Company Research Report: GreenJams

Company Overview

• Name: GreenJams

• Mission: To help people build better buildings with carbon-negative materials and solutions, aiding the reversal of climate change.

• Founded: GreenJams was founded in 2017.

• Founders: The company was founded by Tarun Jami, with contributions from key personnel including Varun Jami (Co-Founder) and Er. JLN Murty (Managing Director).

• Headquarters: Visakhapatnam, Andhra Pradesh, India.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: GreenJams is known for developing Agrocrete®, the world’s first verified carbon-negative construction block.

Products

Agrocrete®

• Description: Agrocrete® is a carbon-negative construction material that combines processed crop fibres with a revolutionary mineral binder. It serves as a sustainable alternative to traditional concrete blocks, AAC blocks, and clay bricks.

• Key Features:

• Carbon Negative: Agrocrete® significantly reduces carbon emissions by capturing more CO2 than it emits.

• Thermal Performance: Offers excellent thermal insulation.

• Mason-Friendly: Easy to handle, allows for quick construction without chiseling.

• Excellent Finish: Provides a smooth finish that accepts plastering well.

• Structural Strength: It is reported to have a high degree of bonding with mortar, enabling robust construction.

• Sustainability: Recognized for low environmental impact, aiding climate change mitigation.

Recent Developments

• Recent Developments:

• GreenJams has been named one of the winners of The Circulars Accelerator 2023, a global initiative by Accenture, in collaboration with the World Economic Forum.

• Published a verified Environmental Product Declaration (EPD) for Agrocrete®, proving its carbon-negative status.

• Developed a large-scale industrial facility in Meerut as part of its expansion plans.

• New Products Launched: No new product launches reported.

• New Features Added: No information is available on new features for existing products.

• Partnerships: Collaborated with organizations like the Ministry of Housing & Urban Affairs, Ministry of Science and Technology, and Agence Française de Développement. Also supported by TCIS-Habitat for Humanity and Villgro Innovations Foundation.

Noteworthy Projects:

• Various projects using Agrocrete® technology include:

• Industrial Project – Boundary Wall at ITC, Kapurthala, Punjab.

• Residential Project – Villa at Rishikesh, Uttarakhand.

• Past engagements such as Expo exhibitions, including Prime Minister Narendra Modi visiting their stall in October 2021.

Industry Recognition

• GreenJams has received accolades including listings on Forbes Asia’s ‘30 Under 30’. The company's innovative efforts have been recognized globally, inspiring further adoption of sustainable practices in the construction industry.

Summary

GreenJams is at the forefront of sustainable construction technology with its carbon-negative products, exemplified by Agrocrete®. The company’s commitment to sustainability and innovation is reflected in its recognition and numerous partnerships, which have positioned GreenJams as a pivotal player in the clean construction sector. Their efforts are not only contributing to the construction industry but are also making strides in addressing global climate issues.