Rothschild & Co and CarbonCure Technologies announce long-term carbon compensation partnership
We are pleased to announce Rothschild & Co’s carbon credit purchase agreement with CarbonCure Technologies (CarbonCure).
“This multi-year agreement forms part of Rothschild & Co's balanced portfolio approach to carbon compensation, which aims to support our net-zero operations alignment commitment through effectively removing an equivalent amount of CO2 for all our residual, unavoidable operational emissions by 2030”, said Anne Imbach, Group Head of Sustainability at Rothschild & Co.
CarbonCure is a Canadian company that offers a suite of technologies to the concrete industry that reduce and remove carbon dioxide (CO2) from the atmosphere through mineralisation in concrete. Through this eight-year partnership to purchase CarbonCure’s carbon credits, we recognise the opportunity to decarbonise the concrete value chain, a hard-to-abate yet essential sector, by incentivising and accelerating the adoption of a lower-emission alternative that can be easily scaled up and that relies on existing industry infrastructure.
“We’re thrilled to finalise this agreement with Rothschild & Co,” said Robert Niven, Chair and CEO of CarbonCure Technologies. “This carbon credit purchase will help catalyse the expansion of our technologies and represents an enduring commitment to the growth and development of the rapidly-innovating climate tech sector. We look forward to marking new achievements in the climate effort together.”
Acknowledging the alignment of this project with Rothschild & Co's ambition to ensure impactful compensation of our emissions, we have committed to purchasing carbon credits for CO2 avoidance and removal from CarbonCure Technologies every year until 2030.
Read more articles
-
Growth Equity Update
Insights
In October’s edition, we look at the details of OpenAI’s recent $6.6bn raise, who invested and who didn’t, at the financials and at the state of OpenAI as its mission shifts awy from capped profit status. Meanwhile global VC fundraising in Q3 was twice the level of Q1 and September was a robust month for VC backed company raises on both sides of the Atlantic.
-
Asset Management: Monthly Macro Insights - October 2024
Market Commentary
The global economy grapples with a faltering goods sector and higher geopolitical risks. Nonetheless, investors remain confident that an accelerated policy easing would interact with supportive financial conditions to safeguard the resilience of the global economy, especially since China recently announced a coordinated set of monetary and fiscal measures.
-
Female founders share the secrets to their success
Entrepreneurs
We know that every entrepreneurial journey is different, but there are lessons that all founders can learn from each other. In this series of video interviews, we asked the founders of three successful companies to share their experiences and offer practical advice.
-
Septiembre: El estímulo reaviva el apetito por el riesgo
Monthly Market Summary
La renta variable mundial subió un 2,3% en septiembre (en USD), mientras que la deuda pública mundial se revalorizó un 1,1% (en USD, con cobertura).
-
The importance of experimentation
Quarterly Letter
Adapting to change isn't easy. It requires a willingness to experiment, get things wrong and reflect honestly about how to improve. In this Quarterly Letter, we explore the importance of experimentation, and how looking back helps us to get better at looking forward.
-
Sowing the seeds for regenerative agriculture
Insights
Within 50 years there may not be enough soil left to grow food to feed the world, and more than half of the world’s agricultural land has already degraded. In our third Sustainability Sphere we asked how companies and individuals can address these challenges.