Crypto.com tweeted on the 16th of January that it will collaborate with Climeworks to neutralize the environmental effect of its carbon emission. The tweet stated that Crypto.com is taking steps to reach its sustainability goals.
Climeworks gained a reputation for its ability to directly capture carbon dioxide from the air with its special technology. In the announcement, the relationship between Crypto.com and Climeworks is considered industry-leading among digital asset platforms.
The partnership was promoted by the determination of Crypto.com to invest in innovative technology designed to reduce the quantity of carbon dioxide in the environment.
A Huge Challenge
The team at Crypto.com admitted that choosing their carbon removal service provider was a huge challenge, and a lot of thought had gone into identifying the kind of carbon removal company suitable for the firm’s activities.
The team later decided that implementing innovative technologies like Chimeworks’ Direct air capture technique was the best way to remove carbon effectively. The chief executive of Crypto.com – Eric Anzani, declared that his establishment is determined to address the global need to have less carbon in the atmosphere.
He also said that his startup would continue to contribute its quota in ensuring that we eventually live in a world where the terrible consequences of climate change will be eradicated.
In addition, the CEO further said, “It is such an amazing privilege to connect and partner with a reputable organization like Climeworks. Crypto.com will not only be committed to removing their direct carbon discharge, but it is also willing to help improve the capacity of the carbon removal technologies used at Chimework.”
Although Crypto.com is still in the early stage of reaching its climate change goals, the CEO of the Crypto giant stated that the team of experts at Crypto.com have taken time to study and implement best practices from its partners. These collaborations have led to a massive reduction in the quantity of carbon dioxide the firm releases into the atmosphere.
The CEO also added that investing in innovative technologies capable of reducing the carbon quantity in the atmosphere is very important. According to him, investing in these technologies will positively affect climate change and help balance the ecosystem.
Editorial credit: Ira Lichi / Shutterstock.com
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