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    Leading the World in Carbon Removal

    Puro.earth: The World's Leading Carbon Removal Platform

    Growing Nasdaq's ESG offering to support corporate client sustainability efforts
     

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    The world's leading carbon crediting platform for engineered carbon removal

    Expanding Our Existing ESG Portfolio

    The addition of Puro.earth’s novel carbon credit capabilities to Nasdaq’s ESG-focused technologies and solutions gives our corporate clients further resources to successfully achieve their ESG objectives.

    The addition of Puro.earth’s novel carbon credit capabilities to Nasdaq’s ESG-focused technologies and solutions gives our corporate clients further resources to successfully achieve their ESG objectives.

    Accelerating Carbon Removal Globally

    The partnership with Puro.earth will scale to address a growing demand for carbon removal by corporations, as well as enable new carbon removal methodologies as technology evolves.

    The partnership with Puro.earth will scale to address a growing demand for carbon removal by corporations, as well as enable new carbon removal methodologies as technology evolves.

    Working Together Toward Net Zero

    Nasdaq will work with Puro.earth to further strengthen the governance around new methodologies by establishing an external advisory committee with representation from the industry, academia, buyside and suppliers.

    Nasdaq will work with Puro.earth to further strengthen the governance around new methodologies by establishing an external advisory committee with representation from the industry, academia, buyside and suppliers.

    Bjørn Sibbern headshot

    The addition of Puro.earth to our growing suite of innovative ESG products and services extends our strategy into an increasingly important area for our 4,000+ corporate clients worldwide.

    Bjørn Sibbern, President, Nasdaq European Markets. Former Executive Vice President for Global Information Services

     

    View the Announcement

    Carbon Removals:

    Achieving a Net-Negative Economy

    Transitioning to a net zero emissions economy is crucial to mitigating the worst effects of climate change. But it won't stop there. To truly make a difference, we must actively decrease CO2 concentrations in the atmosphere, aiming for pre-industrial levels through net-negative emissions. 

    In this ebook, we spoke to a variety of thought leaders, early-innovators and movers in the industry who have contributed to shaping the carbon removal market we see today. Their thoughts have shaped this ebook and extracts from their interviews are integrated throughout. Together, we explore the current state of climate change and the transition to defossilize our economy. 

    Transitioning to a net zero emissions economy is crucial to mitigating the worst effects of climate change. But it won't stop there. To truly make a difference, we must actively decrease CO2 concentrations in the atmosphere, aiming for pre-industrial levels through net-negative emissions. 

    In this ebook, we spoke to a variety of thought leaders, early-innovators and movers in the industry who have contributed to shaping the carbon removal market we see today. Their thoughts have shaped this ebook and extracts from their interviews are integrated throughout. Together, we explore the current state of climate change and the transition to defossilize our economy. 

    Puro ebook

    videos

    Carbon Removal Platform

    Climeworks and Akamai Ring the Nasdaq Stock Market Closing Bell
    Climeworks, a global leader in carbon dioxide removal via direct air capture, and Akamai Technologies, Inc. (Nasdaq: AKAM) visit the Nasdaq MarketSite in Times Square. In honor of the occasion, Christoph Gebald, Co-CEO of Climeworks, and Mike Mattera, Director of Corporate Sustainability and ESG Officer at Akamai, ring the Closing Bell.
    Sep 19, 2023

    Carbon removal is a vital tool in the fight against climate change.

    1.5°C
    To keep global warming below 1.5°C, carbon removal is expected to play a critical role.

    What is carbon removal?

    Carbon removal, also called net-negative emissions, negative emissions and carbon dioxide removal (CDR), is physically capturing CO2 from the atmosphere and stabilizing it into a durable storage.

    Puro.earth provides carbon removal as a service to corporations looking to neutralize carbon emissions by identifying processes that remove CO2 from the atmosphere, co-creating carbon removal methodologies with stringent requirements and verifying the operations.

    Read Factsheet

    Carbon removal, also called net-negative emissions, negative emissions and carbon dioxide removal (CDR), is physically capturing CO2 from the atmosphere and stabilizing it into a durable storage.

    Puro.earth provides carbon removal as a service to corporations looking to neutralize carbon emissions by identifying processes that remove CO2 from the atmosphere, co-creating carbon removal methodologies with stringent requirements and verifying the operations.

    Read Factsheet ->
    Green highway
    Current engineered CO2 removal methods

    commodity reference price indexes

    CORC Carbon Removal Price Indexes

    The CORC Index family is the world’s first indexes to focus exclusively on tracking the price of carbon removal from the atmosphere.

    Nasdaq in collaboration with Puro.earth have created three commodity reference price indexes, based on Puro.earth's Carbon Removal Certificates (CORCs). The objective is to increase transparency in the carbon removal market, helping corporates understand the cost of cutting their carbon emissions and supporting more informed project financing decisions.

    The Index family consists of a composite index that tracks the price of all carbon removal transactions as well as a separate index for biochar and bio-based construction materials.

    Puro Carbon Removal Index Launch

    CO2 Removal Certificate Weighted Index Family (CORCX)

    CorcxAug23

    Carbon Removal Reference Price Index Family

    August 2023 1-Month Change 6-Month Change YTD Change
    Index EUR EUR % EUR % EUR %
    CORCX 122,57 12,34 11,19% (24,52) -16,67% (3,00) -2,39%
    CORCCHAR 122,57 12,34 11,19% (24,52) -16,67% (3.00) -2,39%

    August 2023 1-Month Change 6-Month Change YTD Change
    Index EUR EUR % EUR % EUR %
    CORCX 122,57 12,34 11,19% (24,52) -16,67% (3,00) -2,39%
    CORCCHAR 122,57 12,34 11,19% (24,52) -16,67% (3.00) -2,39%

    Learn More About CORC Carbon Removal Price Indexes

     

    View the Announcement

    Read the Blog

     

     

    Receive Monthly CORC Index Updates

    Receive Monthly CORC Index Updates

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    Disclaimer:

    Nasdaq Copenhagen AS or any of its affiliates (“Nasdaq”) assumes no liability for loss or damages related to or arising out of the use of the CORC Removal Reference Price Index family (the “CORC Index”). Nasdaq expressly disclaim all warranties of accuracy, completeness, merchantability or fitness for a particular purpose with respect to the CORC Index. Neither Nasdaq nor any third party make any express or implied warranties or representations regarding the results which may be obtained as a consequence of the use of CORC Indexes or regarding the value of CORC Indexes at any given time. Nasdaq shall in no case be liable for errors or defects in CORC Indexes, nor obliged to provide notice of or otherwise publish errors in CORC Indexes

    CORC Indexes is provided by Nasdaq Copenhagen AS and shall not without Nasdaq Copenhagen AS's prior written consent be used:

    • As reference for the issuance of a financial instrument;

    • As reference for the determination of the amount payable under a financial instrument or a financial contract;

    • As reference by a party to a financial contract;

    • For measuring the performance of an investment fund, of defining the asset allocation of a portfolio, or of computing the performance fees;

    • For any other purpose which may qualify Nasdaq Copenhagen CORC as a benchmark in accordance with regulation (EU) 2016/1011 of the European Parliament and of the European Council on indices used as benchmarks in financial instruments and financial contracts.

    Please be aware that from January 2023, Puro.earth will increase the minimum threshold for carbon removal durability to 100 years. This mean that the CORCWOOD will no longer be part of the CORC Carbon Removal Price Index Family and no individual reference price will be calculated for this method. This change will also affect the CORCX index as no method other than biochar meets the minimum threshold.