Tag: climeworks

BCG signs direct air capture partnership with Climeworks, a key step on the firm’s journey to net-zero climate impact by 2030

Stuart Mitchell

Boston Consulting Group (BCG), one of the world’s leading management consulting firms, has signed a 10-year agreement with Climeworks. As part of the firm’s commitment to reach net-zero climate impact by 2030, BCG purchases Climeworks’ carbon dioxide removal service to capture carbon dioxide directly from the atmosphere and permanently store it underground. This 10-year agreement, the second for Climeworks, sends a strong signal to the market and proves that there is high long-term demand for measurable and permanent carbon dioxide removal already today, which is set to grow significantly. BCG’s commitment…

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Square, Inc. partners with Climeworks to remove 2’000 tons of CO₂ from the air

Stuart Mitchell

U.S. financial services company Square, Inc. has now signed a nine-year carbon removal agreement with Climeworks to permanently remove 2’000 tons of CO₂ from the air. Square purchases 2’000 tons of CO₂ removals from Climeworks as part of its net zero carbon commitment Square, Inc. commits to long-term carbon removal on top of emissions reduction efforts In December 2020, Square, Inc. announced its commitment to become net zero for operations by 2030. To achieve this, the company is actively reducing its own carbon footprint and pairing this with a growing portfolio…

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Climeworks and leading risk knowledge company Swiss Re sign the world’s first and largest 10-year purchase agreement for direct air capture and storage of carbon dioxide

Stuart Mitchell

The summer of 2021 has shown a vast variety of extreme weather events around the world and thereby given an outlook on the consequences of the climate crisis. To limit global warming to safe levels, we need to do everything we can. The latest report by the UN’s Intergovernmental Panel on Climate Change confirms that it is crucial to reduce our emissions drastically and on top of that remove unavoidable and historic carbon emissions from the air permanently. Climeworks’ carbon dioxide removal via direct air capture technology is the only…

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Climework’s solution is part of Microsoft’s plan to reach negative emissions

Stuart Mitchell

Climeworks is pleased to announce that its carbon dioxide removal solution has been selected as part of Microsoft’s carbon removal portfolio to help reach negative emissions by 2030 and remove the company’s historic emissions by 2050. In addition to emissions reduction efforts, which prevent new CO₂ from entering the atmosphere, climate scientists agree that removing historic and unavoidable emissions from air is crucial to limit global warming to 1.5°C. Businesses play a key role in the mitigation of global warming and are starting to address their current, past and unavoidable carbon…

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VALSER to get its fizz from the air with Climeworks

Stuart Mitchell

Coca‑Cola HBC Switzerland is collaborating with Swiss ETH-Spin-off company Climeworks to use this ground-breaking technology for the first time in the beverage industry, forming a crucial platform to further scale the solution. The project is supported by the Klimafonds of Stadtwerk Winterthur, as well as the Swiss Federal Office for the Environment FOEN. VALSER, recently certified as the first CO2-neutral mineral water in Switzerland, will become the first brand to use this technology for its beverages. The global beverage industry is one of the world’s largest users of CO2 to…

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