.png)
Pioneering carbon dioxide removal (CDR) company Climeworks has inked two major long-term agreements, bolstering its mission to combat climate change. The company will partner with social media giant TikTok and UK-based rum distillery Two Drifters, collectively committing to remove over 6,000 tons of CO₂ from the atmosphere.
A Multi-Year Commitment to Cutting Carbon
Under its agreement with TikTok, Climeworks will remove 5,100 tons of CO₂ by 2030 through a diversified portfolio of engineered and nature-based solutions. These include:
Direct Air Capture (DAC) – Capturing CO₂ directly from the atmosphere
Biochar – A carbon-rich material that locks away emissions
Reforestation – Enhancing natural carbon absorption
TikTok’s Global Head of Sustainability, Ian Gill, commented, “We carefully evaluated multiple providers to build a high-quality carbon removal portfolio. Climeworks provided a solution that meets our highest standards and aligns perfectly with our sustainability strategy as we work toward carbon neutrality by 2030.”
Meanwhile, Two Drifters Distillery is deepening its collaboration with Climeworks following an initial partnership in 2020. The newly signed deal will remove 1,067 additional tons of CO₂ by 2032, exclusively through direct air capture technology.
Two Drifters Co-Founder Dr Russ Wakeham explained, “The more carbon we avoid through sustainable practices, the greater our margins become.”
Two Drifters is pioneering sustainability by embedding carbon removal costs into its Cost of Goods Sold (COGS). This strategic move offsets emissions and incentivizes greener operations—a model that could set a precedent for the industry.
Beyond its DAC initiatives, Climeworks has also disrupted the market with its self-service CDR platform, which was launched in 2019. The platform has already attracted over 21,000 individual customers and an increasing number of SMEs and multinational corporations looking to take actionable steps toward net-zero commitments.
Comments