Climeworks & Zurich Insurance Sign First Carbon Removal Deal

Climeworks & Zurich Insurance Sign First Carbon Removal Deal - Carbon Herald

Carbon removal expert Climeworks has added Swiss insurer Zurich Insurance to its list of corporate clients by signing a multi-year deal. 

The Swiss insurer is known for having a well-defined dedication to sustainability and placing a strong focus on its climate strategy with its very own climate change whitepaper readily available on the company’s website

Zurich Insurance has vowed to achieve net-zero carbon dioxide emissions by 2030, and the new agreement with Climeworks is an important step towards reaching that goal.

This year, Climeworks has already partnered up with international consulting giant PwC, investment bank UBS and tech major Microsoft to help them achieve their sustainability objective, as well. 

The same was pointed out in a comment for Carbon Herald from Climeworks Chief Commercial Officer, Jan Huckfeldt: “Our collaboration with Zurich Insurance is the latest in a series of multi-year agreements signed over the past months and highlights that long-term partnerships, which are crucial for Climeworks’ growth planning, are being embraced by an increasing number of leading companies across industries. We’re excited to be a part of the growing portfolio of carbon removal solutions that Zurich Insurance is curating.” 

Read more: Climeworks Signs A 10-Year Carbon Removal Contract With PwC Switzerland

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