Frontier fund inks $53m offtake deal with US carbon removals firm Charm Industrial

Cecilia Keating
clock • 3 min read
A Charm Industrial pyrolysis site in Kansas, USA | Credit: Charm Industrial
Image:

A Charm Industrial pyrolysis site in Kansas, USA | Credit: Charm Industrial

Advance carbon credit purchase agreement marks largest to date from $1bn CO2 removals coalition backed by Alphabet, Meta, Shopify, Stripe, McKinsey Sustainability, H&M Group, and more

A host of global corporates and household brands have joined a $53m deal to collectively buy hundreds of thousands of tonnes of carbon offset credits from US CO2 removals company Charm Industrial, marking...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Governance and shareholder rights top sustainability concerns for asset owners

Governance and shareholder rights top sustainability concerns for asset owners

FTSE Russel survey also reveals growing concerns over how portfolios are being hit by escalating physical climate impacts

Michael Nelson, Investment Week
clock 23 September 2026 • 2 min read
Government-backed River Thames 'mega heat project' aims to unlock £5bn investment

Government-backed River Thames 'mega heat project' aims to unlock £5bn investment

Government confirms latest £90m wave of funding to support delivery of new heat networks in London, Bradford and Solihull, as well as upgrades to 76 existing schemes

Stuart Stone
clock 23 September 2026 • 4 min read
GFI launches Transition Finance Lab to drive investment into novel green infrastructure

GFI launches Transition Finance Lab to drive investment into novel green infrastructure

Green Finance Institute and UK government team up on new initiative, which aims to unlock support for first-of-a-kind projects that too often face financing barriers

Michael Holder
clock 22 September 2026 • 3 min read