Double digit million Euro growth investment for South Pole

South Pole is one of the global pioneers for CO₂ projects. Founded in 2006, South Pole today has about 500 staff in 18 offices globally, and has developed about 1,000 projects responsible for removing, reducing or avoiding over 100 million tonnes of CO₂ to date. The investment will boost further growth.

“Climate change has finally become a public, political, regulatory, and corporate hot topic. Reflecting this, we have witnessed a strong growth in carbon markets, driven by growing corporate and consumer demand for climate neutral solutions," says Pal Erik Sjatil, CEO and Global Managing Partner Lightrock. “South Pole has developed the largest portfolio of carbon projects in the world. In terms of people, they have an exceptional talent base with over 470 sector."

H.S.H. Prince Max von und zu Liechtenstein, Chairman LGT and Lightrock, says: “In addition to South Pole's size and global presence, we chose to partner with South Pole based on two key differentiators. First, we consider the quality of its carbon projects as second to none. Second, the strategy that South Pole has developed to help clients on their climate journey towards zero carbon has proven extremely effective. On top of this, the company's intention to materially improve lives, not just decarbonize operations, aligns well with our own ambitions and convictions."

South Pole has developed nearly 1,000 projects in over 50 countries to massively reduce greenhouse gas emissions. Projects range from sustainable agriculture, forest conservation, waste management, energy efficiency, to decentralized renewable energy. Across the world, South Pole enables thousands of leading companies, including Nestlé, L'Oréal, and Tetra Pak, to achieve net-zero emissions.