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StripeCo-launched $1B+ Frontier carbon removal initiative with Alphabet, Shopify, Meta, McKinsey

Stripe co-founded Frontier, an advance market commitment to purchase over $1 billion in permanent carbon removal by 2030. More than 15,000 companies across 40 countries have joined Stripe Climate. By 2021, commitments reached $15 million with purchases from multiple carbon removal startups.

Scoring Impact

TopicDirectionRelevanceContribution
Climate Action+towardprimary+1.00
Overall incident score =+0.885

Score = avg(topic contributions) × significance (high ×1.5) × confidence (0.59)

Evidence (1 signal)

Confirms environmental Apr 12, 2022 verified

Co-launched $1B+ Frontier carbon removal initiative with Alphabet, Shopify, Meta, McKinsey

Stripe co-founded Frontier, an advance market commitment to purchase over $1 billion in permanent carbon removal by 2030. More than 15,000 companies across 40 countries have joined Stripe Climate. By 2021, commitments reached $15 million with purchases from multiple carbon removal startups.

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