Investment group Ares Capital has purchased the venue manager's parent company, American Capital, for a cash and stock transaction of over $3bn
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The Dutch brand will ensure that all artists flying to its festivals reduce their CO2 emissions by replacing fossil fuel with sustainable aviation fuel
By IQ on 11 Aug 2021
Dutch brand DGTL has announced the final piece in its ‘overall sustainability puzzle’ after partnering with SkyNRG, a pioneer in sustainable aviation fuel (SAF).
The festival says it now has a ‘firm handle’ on every aspect of its sustainability cycle, having solved sustainability issues around energy, water and sanitation, food and commodities at their events.
Last year, DGTL’s flagship event in Amsterdam was the first electronic music festival to become fully sustainable, setting a precedent in the international live music industry.
The brand also has editions in Barcelona, Madrid, Santiago, São Paulo, Tel Aviv and Bangalore.
“DGTL’s festivals have a huge reach, which is why it is important we lead by example and plant the seed for change”
“We feel a responsibility to continuously improve and maintain our social and environmental impact on the globe and we are committed to leave the world a bit better than we found it,” says DGTL’s sustainability coordinator Mitchell van Dooijeweerd.
“That’s why we are always researching and implementing innovative measures to progressively reduce emissions. But we’re looking beyond our own emissions too. Through this partnership with SkyNRG, we reduce CO2 emissions together with our artists and ensure that what we do inspires our surroundings.
“Replacing fossil kerosine with SAF is a huge step forward for unavoidable flights. Furthermore, it is a scalable solution that can reduce air travel emissions for other events too where air travel may be unavoidable. DGTL’s festivals have a huge reach, which is why it is important we lead by example and plant the seed for change.”
Under the new partnership, DGTL and SkyNRG – alongside climate tech builder Chooose – will also launch a carbon emissions calculator that both the industry and general public can use to evaluate and reduce their CO2 footprint.
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