reduce, reuse, recycle

Houston energy company diverts over 125M pounds of scrap metals from landfills

In partnership with Venture Metals +, Baker Hughes has saved over 125 million pounds of scrap metals from more than 50 of the company's locations around the world. Photo via bakerhughes.com

For three years, Baker Hughes has been working with a full-scale scrap processor partner to divert scrap metal waste from landfills as a part of the company's net-zero commitment by 2050.

In partnership with Venture Metals +, Baker Hughes has saved over 125 million pounds of scrap metals from more than 50 of the company's locations around the world.

Venture Metals + collects, recycles, and manages the full recycling process of scrap materials, providing recycling, reclamation, and investment recovery as a service to industrial, manufacturing, and service facilities.

“The relationship that has been formed between Baker Hughes and Venture Metals is the definition of a true partnership. Over the many years we have collaborated on significant projects and there has been a foundation of trust, transparency and investment on both sides,” Venture Metals’ Vice-Chairman of the Board Mark Chazanow says in a news release. “Together, we have been able to do our part to improve the environment by circular and sustainable recycling while also capturing substantial revenue gain. We look forward to growing the partnership and seeing a bright future ahead together.”

According to the release, Baker Hughes plans to grow the partnership to introduce similar programs at five key locations around the world. Venture Metals+ also set up Baker Hughes with customized containers to help separate titanium, stainless steel, Inconel, and other recyclable metals.

“Reducing our environmental footprint is a critical focus area for our sustainability strategy as we continue to reduce waste, minimize the resources we use and promote circularity,” Allyson Anderson Book, chief sustainability officer at Baker Hughes, adds. “Through partners like Venture Metals +, we are minimizing waste and reusing scrap materials as much as possible for more sustainable operations.”

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A View From HETI

Fervo Energy claimed a top 10 spot on Time magazine and Statista’s new list of America’s Top GreenTech Companies of 2025. Photo via Getty Images.

The accolades keep rolling in for Houston-based Fervo Energy, a producer of geothermal power.

Fervo lands at No. 6 on Time magazine and Statista’s new list of America’s Top GreenTech Companies of 2025. The ranking recognizes sustainability-focused companies based on factors such as impact, financial strength, and innovation.

Time notes that Fervo broke ground in 2023 in Utah on what the company claims will be the world’s largest geothermal plant. The plant is scheduled to start supplying carbon-free electricity to the grid next year and to reach its 400-megawatt capacity in three years.

“Technologies like this only make a difference if we deploy them at large-scale in a way that can reduce carbon emissions and increase the reliability of the grid,” Fervo CEO Tim Latimer told Time in 2023.

The startup was named North American Company of the Year by research and consulting firm Cleantech Group for 2025. Fervo topped the Global Cleantech 100, Cleantech Group’s annual list of the world’s most innovative and promising cleantech companies.

Last year, Fervo also made Time’s list of the 200 Best Inventions of 2024. Fervo was recognized in the green energy category for its FervoFlex geothermal power system.

Founded in 2017, Fervo is now a unicorn, meaning its valuation as a private company exceeds $1 billion. The startup’s valuation is estimated at $1.4 billion. According to PitchBook data, the company raised $634 million in the fourth quarter of 2024.

In all, eight Houston-area companies appear among the top 250 greentech companies ranked by Time and Statista. Other than Fervo, they are:

  • No. 43 Lancium Technologies, an energy storage and distribution company
  • No. 50 Solugen, a producer of sustainable chemicals.
  • No. 56 Quaise Energy, which specializes in terawatt-scale geothermal power.
  • No. 129 Plus Power, a developer, owner and operator of battery storage projects.
  • No. 218 Dream Harvest, which promotes sustainable vertical farming.
  • No. 225 Cemvita, which uses synthetic biology to convert carbon emissions into bio-based chemicals.
  • No. 226 Syzygy Plasmonics, which decarbonizes chemical production.
Vermont-based BETA Technologies claimed the No. 1 spot. The company manufactures electric aircraft.

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