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

Survey: Nature increasingly seen as strategic priority for investors, despite ESG backlash

Survey: Nature increasingly seen as strategic priority for investors, despite ESG backlash

Nature increasingly recognised for its key role in driving both risks and returns, major survey of 500 investors worldwide suggests

Stuart Stone
clock 24 June 2025 • 4 min read
 Survey: Business leaders favouring regions with strong net zero policies

Survey: Business leaders favouring regions with strong net zero policies

National net zero policies remain key to attracting corporate investment in the clean energy transition, major World Business Council for Sustainable Development (WBCSD) survey reveals

clock 24 June 2025 • 4 min read
Material Evolution secures funding from HSBC to build low-carbon cement business

Material Evolution secures funding from HSBC to build low-carbon cement business

Venture debt facility will be used to support next phase of Material Evolution's mission to decarbonise the construction industry

clock 20 June 2025 • 2 min read