Google announced that in 2024, it signed contracts to purchase more than USD 100 million worth of carbon removal credits, investing in a wide range of advanced technologies such as natural carbon sink restoration, enhanced rock weathering (ERW), biomass carbon removal and biochar, as well as direct air carbon capture (DAC).
This investment is three times higher than Google’s previous minimum commitment of USD 35 million, announced in March 2024 under a U.S. Department of Energy (DOE) initiative aimed at accelerating the carbon removal industry by supporting technological innovation.
🎯 Google’s Sustainability Goals:
✔ Achieve net-zero emissions across the entire value chain by 2030
✔ Reduce absolute emissions (Scope 1, 2 & 3) by 50% compared to 2019 levels
✔ Expand the development of both technology-based and nature-based carbon removal solutions
🔹 Google’s Notable Carbon Removal Investments:
● Total carbon removal purchased by Google: nearly 800,000 tons
● 344,000 tons from biomass capture (CO280) and biochar (Varaha, Charm)
● 200,000 tons contracted with Terradot for enhanced rock weathering (ERW)
● 100,000 tons contracted with the DAC provider Holocene
● Additional agreements with CarbonRun (river de-acidification) and 280 Earth (DAC)
💡 Long-Term Collaboration & Commitments:
● In May 2024, Google, together with Meta, Microsoft, and Salesforce, co-founded Symbiosis, a market alliance designed to accelerate the development of nature-based carbon credit markets.
The alliance has committed to purchasing up to 20 million tons of carbon credits.
🗣 Statement from Randy Spock, Head of Carbon Credits & Removal at Google:
“We are driving forward solutions that maximize our impact on the planet. In 2024, we invested more than USD 100 million in carbon removal—three times our original commitment—to accelerate the solutions needed by both Google and the world.”
He also emphasized that Google will continue expanding its carbon removal investments and exploring new approaches to act swiftly against climate change. 🌍💚
