CUR8

🏇 Galloping Towards Net Zero 🏇 With over 300,000 racegoers attending, Royal Ascot is setting a prime example of how high-profile events can combine emission reductions with high-quality carbon removals to achieve net zero. Ascot partnered with CUR8 to remove 138 tonnes of carbon and mitigate emissions generated by the Net Zero Village Enclosure. This collaboration is an important step in Ascot's commitment to sustainability, aiming for a 50% reduction in carbon emissions by 2030 and net zero by 2040. The Net Zero Village Enclosure welcomed over 20,000 attendees, proving that a globally revered event experience can be delivered while significantly reducing the climate impact. Supported by CUR8, Royal Ascot has invested in a diversified portfolio of carbon removals projects across the nature, hybrid, and technological spectrum, including world-leading projects such as 1PointFive (Direct Air Capture), UNDO (Enhanced Rock Weathering), and Loam Bio (Durable Soil Carbon). #Sustainability #NetZero #CarbonRemoval #Ascot #CUR8

❓Have you ever wondered how sustainability leaders incorporate carbon removals into their organisation's net zero strategy? 👉 Register here for our webinar tomorrow: https://lnkd.in/eFGwPZNw It’s crucial for corporates to invest in carbon removal credits to neutralise residual emissions and reach net zero! We've gathered industry pioneers in carbon removal investments. Here's a snapshot of our panel: 💡 British Airways: Committed to achieving net zero carbon emissions by 2050, the company has created a first-of-a-kind product in partnerships with CUR8, UNDO, and Standard Chartered to pilot a groundbreaking model that unlocks debt financing for carbon removals. 💡 Ripple: Since committing $100M in May 2022, Ripple has invested in high-quality carbon removal projects. Notably, they pre-purchased carbon credits, supporting the future removal of close to 120,000 metric tons of CO2. These investments help launch additional projects in new regions, accelerating carbon removal timelines. 💡 Accenture: With nature-based carbon removal projects in Indonesia, the Philippines, the UK and the US, Accenture focuses on reforesting land, rebuilding biodiversity and promoting sustainable agriculture. They’ve also supported the launch of Climeworks's “Orca” plant, which captures 4,000 tons of CO2 annually. 🌍 Join us at 4 PM (GMT+1) on July 16th for insights from leading carbon removal operators! #CarbonRemoval #NetZero #ClimateAction #CDRInvestments

💡 Learn how British Airways, Accenture and Ripple integrate carbon removals into their overall sustainability plans 🗓 Join us at 4 PM (GMT+1) on July 16th for a panel discussion on how leading sustainability operators are approaching their removals strategies. 👉 Register here: https://lnkd.in/gRurT77Y This panel will be chaired by Gabrielle Walker, Co-Founder and Chief Scientist at CUR8. She will be joined the fantastic by: - Meghan Edge, Head of Carbon Investments at Ripple - Tom Byrne, Head of Net Zero and Environment at British Airways - Scott Wilson, Director of Operations & Sustainability at Accenture 📣 Here's what we’ll be covering: - The learnings from building a carbon removal strategy - Sharing their experience on how to navigate creating the internal business case and gaining internal buy-in - How they have positioned carbon removals as part of their over sustainability plan - Their insight into the role corporates play in scaling the removals market and advice on getting started Save your seat today! #sustainability #carbon #netzero #carbonremoval #climatepolicy

🇬🇧 London Climate Action Week 2024 has concluded, and what an incredible week it has been! Thank you to all our customers, partners, and friends who joined us on our rooftop for a sunny evening filled with fascinating conversations about building the pathway to net zero, taking action now, and shaping a sustainable future. 💡 A fun fact about the event: it was entirely ‘carbon removed.’ At CUR8, we walk the talk. Our event didn’t increase atmospheric carbon dioxide levels. We partnered with sustainable companies to minimise emissions and created a CUR8 carbon removal portfolio blending the best nature and technology-based projects to remove all residual emissions. ❓ Are you a sustainability leader wondering how to tackle your residual emissions and build your carbon removal strategy? Reach out to the CUR8 team today.

🏇🏇 Out in front: Royal Ascot enclosure aims for net zero with carbon removal scheme Thanks to Simon Hunt for the write-up in yesterday's Evening Standard. "Royal Ascot's village enclosure is going net zero for the first time after hiring a specialist company to remove from the atmosphere as much carbon as is likely to be generated by racegoers at next week’s festival. Shoreditch climate tech firm CUR8 said it will remove 138 tonnes of carbon dioxide to mitigate the residual emissions. The project will involve methods such as direct air capture and enhanced rock weathering, in which rocks are ground up, making a fine gravel or dust that reacts more easily with the carbon in the air.  Last year 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. Since launching in 2022, CUR8 has struck deals to remove carbon emissions for several high profile events including music festivals All Points East and British Summer Time, the London Marathon and The 1975’s recent gig series at the O2 Arena. CUR8, which has set a target to remove one billion tonnes of carbon a year, has already raised £5.3 million in a funding round led by GV (Google Ventures)." A great partnership, Keith Field Alexandra Bertram!

Our London-based investment team brought together builders and innovators in the climate tech ecosystem during #LondonTechWeek 🇬🇧 💫 Thanks to the incredible group of founders, investors, and industry experts — including Roni Hiranand, Luna Schmid, Erik Nordlander, and portfolio company CUR8 — who joined us for the evening!

🏇 Royal Ascot appoints carbon removals firm CUR8 to rein in emissions 🏇 We're incredibly excited to announce our latest partnership with Royal Ascot, to support them on their journey to net zero by 2040! Ascot is a great example of another high profile event to combine deep reduction in emissions with high-quality carbon removals to achieve net zero, in line with the best scientific and regulatory guidance. Every year, Ascot welcomes 250,000 racegoers, with over 20,000 of them in their Net Zero Village Enclosure. This demonstrates that you don't have to compromise on delivering a globally revered event experience while also minimising the climate impact. Article here: https://lnkd.in/eKswXkgM Alexandra Bertram Keith Field Will Aitkenhead

🌿 Are you a sustainability leader figuring out how to build your Net Zero Strategy? 🌿 During our latest webinar, we delved into how companies are building and executing their Net Zero Strategies with carbon removals. One standout story was from AEG, who organises large sports and live entertainment events. Their Director of Sustainability, Sam Booth, shared his journey in navigating the complexities of carbon removal and net zero strategy. He described his initial frustration with the lack of clear, effective options in the market. Expecting to find solutions that genuinely captured and stored carbon, he instead found the landscape to be confusing. While many carbon strategies focus on carbon reductions, which are essential, accessing and understanding high quality carbon removal credits proves challenging. Working with CUR8 was a turning point for AEG’s net zero strategy. A key takeaway was the importance of progress over perfection. Starting with a small investment in carbon removals not only begins the journey towards sustainability, but also serves as a hedge against evolving regulations and global market dynamics. Are you eager to discover the journeys of other sustainability leaders? Find the link to our webinar in the comments below! #carbonremovals #netzero #voluntarycarbonmarket

🎯 The 'why invest in climate now' is quite clear to all stakeholders – businesses, banks, and governments. 🤔 It's the 'how to invest now' where more efforts are needed. 💡 Which is why our partnership with Standard Chartered, British Airways and UNDO was born. Our CEO & Co-Founder Marta Krupinska and Simon Derrick from Standard Chartered shared the stage today at Money20/20 in Amsterdam to talk about our First-Of-A-Kind (FOAK) financing pilot, the commercial opportunities emerging from the trillion-dollar carbon removals industry, alongside the critical mission to stop climate change. 👉 So what's the answer to the 'how to invest now'? For buyers, it's de-risked purchases from the best suppliers globally, without the need to pay upfront. For banks, it's access to a vehicle that bridges the gap between equity financing and bespoke project financing. CUR8 solves for the missing pieces of the puzzle – by being the arbiter of good science, and bringing together buyers & capital providers under the same platform. The key motivation was to launch a product that is repeatable and solves for the key risks: •⁠ ⁠Performance risk - answering the ‘does it work’ question •⁠ ⁠Credit risk - buyers pay on delivery and startups have upfront capital needs •⁠ ⁠Counterparty risk •⁠ ⁠Reputational risk The $6-16 trillion funding gap to net zero will have to close and this is just the beginning 🚀 Thanks to Ian Horne & Micky Tesfaye for making this happen!

🎉 We're very proud to share the news that our team has been growing. Please join us in welcoming Oliver and Cameron! 🎉 Cameron Scott, Strategic Partnership Advisor "As a die-hard techno-optimist, focusing on scaling carbon removal technology was the obvious choice as I looked to impact the climate crisis. Working to build the removal industry tonne-by-tonne will require every ounce of my past experience in business, venture capital, and tech policy. Which is why it's such a privilege joining the CUR8 team to solve this mission alongside some of the most talented people in science, tech and finance." Oliver Höhn, Lead Software Engineerd "As a software engineer, I've always been drawn to impactful problems. I started my career working on providing access to fairer credit, then moved on to help people live healthier for longer. Now at CUR8, I have the privilege to work alongside an excellent team on the most significant problem humanity faces: the Climate Crisis.” #carbonremoval #team #hiring