{"id":142141,"date":"2024-04-15T07:15:00","date_gmt":"2024-04-15T05:15:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=142141"},"modified":"2024-04-10T08:58:36","modified_gmt":"2024-04-10T06:58:36","slug":"climeworks-signs-9-year-agreement-with-the-lego-group-and-kirkbi","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/climeworks-signs-9-year-agreement-with-the-lego-group-and-kirkbi\/","title":{"rendered":"Climeworks signs 9-year agreement with the LEGO Group and KIRKBI"},"content":{"rendered":"\n\n\n<h3 class=\"wp-block-heading\">Key take-aways:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Climeworks wins the LEGO Group as its latest customer and enters a 9-year agreement to permanently remove CO\u2082 from the air for the Danish toy manufacturer. <\/li>\n\n\n\n<li><\/li>\n\n\n\n<li>The agreement is made in partnership with KIRKBI A\/S, the family-owned holding and investment company of the LEGO\u00ae brand. <\/li>\n\n\n\n<li><\/li>\n\n\n\n<li>Corporate long-term commitments remain a cornerstone of Climeworks\u2019 rapid global scale-up path, which is approaching the launch of the Mammoth plant in Iceland as a next milestone. <\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/ea0379c8a3ac8e7adc3e857b6a54efea-1024x576.webp\" alt=\"The LEGO Group and KIRKBI both signed a 9-year carbon removal agreement with Climeworks.\" class=\"wp-image-142143\" style=\"aspect-ratio:1.7777777777777777;width:855px;height:auto\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/ea0379c8a3ac8e7adc3e857b6a54efea-1024x576.webp 1024w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/ea0379c8a3ac8e7adc3e857b6a54efea-300x169.webp 300w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/ea0379c8a3ac8e7adc3e857b6a54efea-150x84.webp 150w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/ea0379c8a3ac8e7adc3e857b6a54efea-768x432.webp 768w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/ea0379c8a3ac8e7adc3e857b6a54efea-400x225.webp 400w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/ea0379c8a3ac8e7adc3e857b6a54efea.webp 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">The LEGO Group and KIRKBI both signed a 9-year carbon removal agreement with Climeworks.<\/figcaption><\/figure><\/div>\n\n\n<p><strong>Climeworks, global leader in carbon removal via direct air capture, and the LEGO Group, one of the world&#8217;s leading manufacturers of play materials, entered a 9-year agreement to permanently remove CO\u2082 from the air. The USD 2.4m agreement means carbon removal will become part of the broad portfolio of initiatives the LEGO Group is putting in place to accelerate towards net zero in line with climate science (IPCC) and industry guidance (SBTi). KIRKBI also signed a USD 405,000 long-term agreement to secure Climeworks\u2019 high-quality carbon removal services.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">A healthy planet for children to inherit<\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Annette Stube, Chief Sustainability Officer at the LEGO Group<\/strong>, commented: \u201cWe want children to inherit a healthy planet \u2013 and we\u2019re determined to play our part in making that happen. To succeed we must take action to drive systemic change. We were the first large toy company to announce a science-based emissions reduction target in 2020 and we want to continue to lead the way in finding innovative solutions for the challenges we face. This is why we are working with innovators like Climeworks \u2013 their technology, as part of a varied programme of initiatives, can help us and society as a whole realise the net-zero future that is needed to protect our planet for generations to come.\u201d<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">Acting today for a better tomorrow<\/h3>\n\n\n\n<p>Climeworks verifiably removes CO\u2082 from the air and helps companies to address their hard-to-abate CO\u2082 emissions. Long-term agreements such as the ones closed by the LEGO Group and KIRKBI represent a key enabler for Climeworks to accelerate its path to remove CO\u2082 at megaton and, ultimately, gigaton scale by 2050.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cIn addition to our ongoing efforts to reduce own emissions, we want to explore and support impactful climate solutions that have the potential to permanently remove and sequester hard to abate greenhouse gas emissions. Through our long-term partnership with Climeworks, we hope to be a part of scaling a promising and innovative technology that can make a difference in tackling climate change,\u201d says <strong>Michael Skou, KIRKBI\u2019s Head of Strategy and Sustainability<\/strong>.<\/p>\n<\/blockquote>\n\n\n\n<p>The high-quality removals purchased by the LEGO Group and KIRKBI show the importance of so-called beyond value chain mitigation, which the SBTi encourages businesses to deliver upon in its most recent guidance.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Gearing up for rapid global growth<\/h3>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><strong>Jan Huckfeldt, Chief Commercial Officer of Climeworks<\/strong> said: &#8220;We\u2019re proud to partner with a sustainability leader like the LEGO Group who takes bold steps to make net zero happen. We see demand growing across diverse sectors, including consumer goods, which shows that carbon removal rightly has a place in every company\u2019s net zero strategy.&#8221;<\/p>\n<\/blockquote>\n\n\n\n<p>Climeworks can meet the growing demand as it expands rapidly and will soon launch its second, large-scale direct air capture and storage facility, Mammoth, in May. Future projects are developing in the U.S. where, in 2023, all three of Climeworks\u2019 DAC Hub projects were selected by the Department of Energy. Projects in Canada and Kenya are part of Climeworks\u2019 international expansion as well.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key take-aways: Climeworks, global leader in carbon removal via direct air capture, and the LEGO Group, one of the world&#8217;s leading manufacturers of play materials, entered a 9-year agreement to permanently remove CO\u2082 from the air. The USD 2.4m agreement means carbon removal will become part of the broad portfolio of initiatives the LEGO Group [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"Climeworks verifiably removes CO\u2082 from the air and helps companies to address their hard-to-abate CO\u2082 emissions","footnotes":""},"categories":[5571],"tags":[10744,10416,19560],"supplier":[5419,17200,3643],"class_list":["post-142141","post","type-post","status-publish","format-standard","hentry","category-co2-based","tag-carboncapture","tag-circulareconomy","tag-climateaction","supplier-climeworks","supplier-kirkbi","supplier-lego-group"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/142141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=142141"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/142141\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=142141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=142141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=142141"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=142141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}