Climeworks

UBS signs 10-year agreement with Climeworks, underlining the financial services industry’s central role in scaling carbon removal

· Climeworks is excited to enter this long-term collaboration with UBS, the latest and largest financial services company to commit to Climeworks’ carbon removal solution.

24 January 2023

Climeworks' Direct Air Capture Summit 2022 highlights

For the third year in a row, Climeworks brought together the industry key players at its Direct Air Capture Summit 2022. Scientists, opinion leaders, pioneering companies and policy experts came together to discuss the roles that the public and private sectors play in dr...

24 January 2023

Climeworks becomes first supplier of long-term, technology-based carbon removal to Microsoft, as the companies sign a 10-year offtake agreement

● Climeworks is excited to take its collaboration with Microsoft to the next level: following its selection as part of Microsoft’s carbon removal portfolio last year, the two companies have now closed a new 10-year carbon removal offtake agreement. ● Such long-term comm...

24 January 2023

Climeworks takes another major step on its road to building gigaton DAC capacity

● Climeworks breaks ground in Iceland to build its newest and largest direct air capture and storage facility, called Mammoth● With a nominal CO₂ capture capacity of 36’000 tons per year when fully operational, Mammoth represents a demonstrable step in Climeworks' ambiti...

24 January 2023

Climeworks raises CHF 600 million in latest equity round

● Climeworks has signed an equity round of CHF 600 million (USD 650 million)● The new investor base includes several of the most renowned and largest institutional technology and infrastructure investors globally● The trust placed by those high-quality investors is a ...

24 January 2023

La Prairie collaborates with Climeworks to neutralize emissions of its new product

● At an immersive exhibition in the Sanya International Duty Free Shopping Complex in Haitang Bay, Hainan, La Prairie's on-site clients will contribute to the permanent removal of CO₂ from the air with each purchase● For every White Caviar Illuminating Essence product ...

24 January 2023

Verdane to neutralize all future residual emissions with engineered carbon removals

● The newest report by the IPCC has confirmed once again that carbon dioxide removal is essential for mitigating climate change● Equity investor Verdane has announced its commitment to neutralize all its future residual emissions with engineered, permanent carbon remov...

24 January 2023

Swarovski signs agreement with Climeworks as part of its ongoing sustainability strategy

● Swarovski signs 5-year carbon dioxide removal agreement with Climeworks, which forms part of the jewelry company’s greenhouse gas plan● Swarovski joined the Science Based Targets initiative in 2021, announcing its commitment to reduce absolute scope 1 and 2 emissions...

24 January 2023

Zendesk supports Climeworks' technology and signs carbon removal agreement

● Customer service and sales software company Zendesk signs an agreement with Climeworks to permanently remove part of its unavoidable emissions via direct air capture and storage..● With this agreement, Zendesk sends an important signal for the much-needed scale-up of...

24 January 2023

Rothesay takes action with Climeworks to make its own operations net zero for the next decade

● Climeworks signs 10-year carbon dioxide removal agreement with Rothesay, the UK’s largest pension insurance specialist.● Climeworks will remove Rothesay’s expected residual emissions for this entire decade, making the insurer’s own operations over the next ten years ...

24 January 2023