Ascot Racecourse Contracts CUR8 For 138 Tonnes Of Carbon Removals

Ascot Racecourse Contracts CUR8 For 138 Tonnes Of Carbon Removals - Carbon Herald
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Ascot Racecourse – the most popular British racecourse, has contracted carbon dioxide removals from CUR8 – a platform providing products and services enabling carbon removal scale-up, as part of its mission to achieve net zero in the long-run. 

The purchase is for 138 tonnes of removal to mitigate the emissions generated from the Village Enclosure during Royal Ascot in 2023. The racecourse plans to continue investing in CDR in 2024 and beyond. Back in 2023, Ascot signed the UN Sport for Climate Action Framework, with an aim to reduce 50% of its carbon emissions by 2030 and reach net zero by 2040. 

Relevant: CUR8 To Help Pension Insurance Corporation Build A Portfolio Of Trusted Carbon Removals

The UN Sport for Climate Action Framework is an initiative by the UN Climate Change inviting sports organizations and their stakeholders to join the climate change mitigation movement. 

According to the announcement, Ascot Racecourse selected CUR8 due to its strong team credentials and scientifically rigorous carbon removals portfolio. The CDR credits come from a range of methods such as biochar, enhanced rock weathering and direct air capture. 

Relevant: CUR8, UNDO, British Airways & Standard Chartered To Finance Carbon Removal

“Sustainability is a key focus for us at Ascot and we have made great progress to reduce our carbon footprint in the past few years, including the launch of our Net Zero Village Enclosure for the first time in 2023. An enormous amount of research and planning went into that project and the learnings will help us immensely as we build towards a sustainable future,” said Jonathan Parker, Managing Director of 1711 by Ascot.

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