Hudson Technologies Participates at COP28; Supports Global Cooling Pledge

Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry ā€“ and one of the largest refrigerant reclaimers joins the international community in support of the Global Cooling Pledge launched last week at COP28 in Dubai. The Global Cooling Pledge is a joint initiative between the United Arab Emirates, who hosted COP28 and the United Nations Environment Programmeā€™s (UNEP) Cool Coalition, of which Hudson Technologies is a member.

The Global Cooling Pledge commits countries to reducing their cooling-related emissions by at least 68% by 2050 and establishes several other targets including the creation of minimum energy performance standards by 2030. The pledge promotes international cooperation toward emission reduction, improved energy efficiency and environmentally sound and sustainable methods to provide cooling and refrigeration. As part of COP28, Ruth Ivory-Moore, Hudsonā€™s Director of Government Affairs, presented at a panel on December 8, 2023, entitled ā€œSecuring Additional Greenhouse Gas Emissions Through the Ozone Treatyā€. Ms. Ivory-Moore detailed Hudsonā€™s capabilities and expertise related to Lifecycle Refrigerant Management (LRM), including practices that support principles of the Cooling Pledge.

Brian F. Coleman, President and Chief Executive Officer of Hudson Technologies commented, ā€œCOP28 addressed many topics and concerns relevant to the refrigeration and cooling industry. Hudson has long been a proponent of the circular economy for refrigerants and the practice of Lifecycle Refrigerant Management as a climate mitigation tool in the support of sustainable cooling methods. As average global temperatures rise, energy efficient refrigeration and cooling systems help to promote healthy communities by keeping vaccines stable, food fresh, economies productive and the environment clean. Reclamation of HFCs, a key aspect of LRM, is crucial to support the installed base of cooling technology during the transition to next generation lowerĀ GWP refrigerants.Ā  Hudson is proud to have shared our knowledge and expertise in the area of Lifecycle Refrigerant Management on the global stage and we look forward to further supporting the Cooling Pledge.ā€