Neustark removes CO2 from the air for ZKB

Zürich/Bern, December 2023

Zürich/Bern - Die Zürcher Kantonalbank (ZKB) hat einen Vertrag mit der Climate-Tech-Firma Neustark geschlossen. Demnach wird das junge Berner Unternehmen über sechs Jahre insgesamt 4200 Tonnen CO2 aus der Luft dauerhaft entfernen und speichern.

The climate tech company Neustark will permanently remove 4,200 tonnes of CO2 from the air for Zürcher Kantonalbank. This is provided for in the six-year contract that the company, which was founded in 2019 as a spin-off of the Swiss Federal Institute of Technology in Zurich, has concluded with one of Switzerland’s largest banks.

According to a press release, these are residual emissions that are unavoidable for ZKB and cannot be reduced in the future. According to Neustark, this agreement is “a strong signal to the market” that “more and more international and national companies are taking CO2 removal measures to achieve net zero”.

“We are teaming up with neustark to have a large part of our residual emissions removed by their innovative and high-quality mineralisation technology,” Marit Kruthoff, CSR Manager at ZKB, is quoted as saying. “We are delighted to be working with a regionally based start-up like neustark to help scale up an innovative technology for the net zero target.”

A total of 14 Neustark capture and storage plants are currently in operation. They remove around 5000 tonnes of CO2 from the air every year. More than 20 further plants are under construction in Switzerland, Germany and Austria. Neustark is therefore well on the way to achieving its goal of permanently removing 1 million tonnes of CO2 by 2030. Its customers include Microsoft, UBS and Verdane.

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