nova-Institute has named Lars Borger as its new Co-CEO alongside Michael Carus, effective 1 March 2025. Borger, an expert in renewable carbon and defossilisation, will strengthen nova’s leadership as it drives the chemical and materials industry toward sustainability.
With over 30 years of experience, nova-Institute has led the transition away from fossil resources, providing research and consultancy for companies, NGOs, and policymakers. However, scaling sustainable alternatives remains a challenge, requiring the right policy framework and stronger industry commitment.
Michael Carus, nova-Institute’s founder and current CEO, welcomes Borger’s appointment, highlighting his expertise and network as key assets for accelerating transformation. Borger, formerly with BASF and Neste, brings deep experience in biopolymers, renewable polymers, and value chain management. He played a pivotal role in establishing the Renewable Carbon Initiative and served on the board of European Bioplastics.
“nova-Institute is a leading think tank driving the circular economy. I am excited to join this dedicated team and contribute to shaping a more sustainable future,” says Borger.
Together with COO Linda Engel, Borger and Carus will steer nova-Institute’s efforts in technology, sustainability, economy, and policy research, guiding industry players toward greener solutions. Engel emphasizes that Borger’s leadership aligns with nova’s mission to support companies in their sustainable transition.
With a strengthened leadership team, nova-Institute aims to drive impactful change, ensuring the chemical sector remains both competitive and environmentally responsible.