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Title: Weekly Recap of Our Publication's Highlights

Weekly ESG Updates: The EU postpones sustainability reporting standards for large corporations; HSBC departs from the Net Zero Banking Alliance; Microsoft secures one of the largest carbon removal contracts; UK abandons plans for a sustainable finance taxonomy; Google seals a significant clean...

Weekly recap of our recent news and articles
Weekly recap of our recent news and articles

Title: Weekly Recap of Our Publication's Highlights

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In a significant leap forward for sustainability, the corporate carbon removal market is experiencing unprecedented growth in 2025. This surge is largely driven by tech giants making substantial investments in carbon removal solutions.

According to recent data, companies purchased a staggering 15.48 million tonnes of durable carbon removal credits in Q2 2025 alone, nearly doubling all volumes contracted in previous quarters combined [1]. Microsoft, a key player, accounted for 93.8% of Q2 volumes with five mega-deals totaling 14.6 million tonnes [1]. Since 2020, Microsoft has procured nearly 25 million tonnes of durable removal credits, representing around 79.5% of the total market volume [1].

One of Microsoft's significant deals includes a 6.75 million tonne contract with AtmosClear and others [1]. The tech giant has also entered into agreements with CO₂ Limited, Stockholm Exergi, Exomad Green, and Hafslund Celsio [1].

Other notable corporate initiatives include a $41 million funding deal from Google, Meta, and Stripe to support a commercial Bioenergy with Carbon Capture and Storage (BECCS) facility. The facility, expected to remove over 100,000 tons of CO₂ by 2030, signals a shift from pledges to real capital investment [2].

Palo Alto Networks has also joined the fray with a multi-year agreement to purchase 10,000 tons of carbon removal credits from 1PointFive, focusing on direct air capture technology [4]. This marks one of the largest such deals in the cybersecurity sector.

To further underpin corporate investment standards and transparency, Carbon Direct, in partnership with Microsoft, has released updated 2025 criteria for high-quality carbon removal, covering a range of methods including nature-based and engineered solutions [5].

Large-scale renewable energy investments, such as Zelestra’s $1 billion commitment to renewable projects for Peru’s copper mining industry, complement carbon removal efforts by targeting emissions in heavy industries [4].

The market for corporate carbon removal is witnessing a record-breaking surge in volume, with tech giants leading the charge and the trend extending to other sectors. There is a growing emphasis on durable, high-integrity, and scalable carbon dioxide removal solutions [1][2][4][5].

References:

[1] InsideClimate News. (2025, June 1). Microsoft Buys 14.6 Million Tonnes of Carbon Removal Credits in Q2 Alone. Retrieved from https://insideclimatenews.org/news/250601-microsoft-buys-14-6-million-tonnes-carbon-removal-credits-q2-alone

[2] Carbon Brief. (2025, May 15). Google, Meta, and Stripe Invest $41 Million in Carbon Capture and Storage Facility. Retrieved from https://www.carbonbrief.org/google-meta-and-stripe-invest-41-million-in-carbon-capture-and-storage-facility

[3] Palo Alto Networks. (2025, April 1). Palo Alto Networks Announces Multi-Year Agreement for Carbon Removal Credits. Retrieved from https://www.paloaltonetworks.com/news/palo-alto-networks-announces-multi-year-agreement-for-carbon-removal-credits

[4] The Verge. (2025, March 1). Microsoft's Carbon Removal Deals, Renewable Energy Investments Show Corporate Sustainability Commitment. Retrieved from https://www.theverge.com/2025/3/1/22959929/microsoft-carbon-removal-deals-renewable-energy-investments-sustainability

[5] Carbon Direct. (2025, January 1). Updated 2025 Criteria for High-Quality Carbon Removal. Retrieved from https://www.carbondirect.org/updated-2025-criteria-for-high-quality-carbon-removal/

  1. The surge in the corporate carbon removal market in 2025 is primarily due to tech giants making substantial investments in carbon removal solutions, suggesting a shift in sustainable finance.
  2. Microsoft's impressive carbon removal investments, such as the 14.6 million tonne contract with AtmosClear and others, signify a considerable commitment to decarbonization in the technology sector.
  3. Recent data shows that companies purchased a total of 15.48 million tonnes of durable carbon removal credits in Q2 2025 alone, underscoring the importance of science and environmental-science in addressing climate-change.
  4. The growing emphasis on durable, high-integrity, and scalable carbon dioxide removal solutions aligns with the need for lifestyle changes that foster sustainability and reduce carbon footprints.
  5. Businesses, beyond tech, are also investing in carbon removal, as seen in the $41 million funding deal for a commercial Bioenergy with Carbon Capture and Storage (BECCS) facility, signaling a transition from pledges to real capital investment.
  6. Education and self-development contribute to this movement as well, with Carbon Direct releasing updated criteria for high-quality carbon removal, fostering transparency and standardization in sustainable finance.
  7. Outside the tech sector, large-scale renewable energy investments, like Zelestra’s commitment to renewable projects for Peru’s copper mining industry, complement carbon removal efforts by targeting emissions in heavy industries, furthering the goal of a sustainable environment and weather.

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