January 2022 – The Italian climate action pioneer Carbonsink today announced it is joining South Pole, the international leader in climate and environmental services, solutions and project development, with 23 offices around the world.
Together, Carbonsink and South Pole will accelerate climate ambition and step up the transition to a climate-smart society. With combined resources, they will advise corporations on climate action, advance cutting-edge digital solutions for carbon management systems, and develop innovative projects as demand for high-quality carbon credits continues to grow.
” I am very proud that Carbonsink can join forces with a passionate partner like South Pole whose values and mission align with ours. This deal allows Carbonsink to join their international network and work side by side on climate projects and solutions. We are excited to take a big step forward in responding to the urgent and rapidly evolving needs that companies have to reach their climate targets,” said Andrea Maggiani, founder of Carbonsink.
South Pole and Carbonsink are among the longest-standing climate action companies globally, both created more than 10 years ago. The addition of Carbonsink – with offices in Milan and Florence – is aligned with South Pole’s strategy to enter the Italian market alongside a partner with local expertise, relevant know-how, and strong relationships with some of the biggest and most important companies.
This significant milestone also increases South Pole’s presence in Africa where Carbonsink has developed more than 30 carbon projects through its office in Maputo, Mozambique.
“Carbonsink has always been at the forefront of developing climate solutions and some of the biggest and most important companies in Italy turn to them to get ahead of the competition on climate change,” said Renat Heuberger, co-founder and CEO at South Pole. “Also, Carbonsink has developed a variety of carbon projects in Africa and some fantastic tech platforms, including Carbonvista. South Pole understands the value of having a broad pool of global experts as well as regional teams that know the local markets and clients well. Bringing Carbonsink on board to get closer to the Italian market is a perfect fit.”
Meanwhile, Carbonsink clients will gain access to South Pole’s international reach, its cutting edge digital solutions, variety of offerings, and deep expertise in sustainability consulting and climate project development. South Pole clients will benefit from the added value brought by Carbonsink’s experts known for their approach to implementing tailor-made climate solutions and developing innovative projects that reduce emissions.
About South Pole
South Pole, a social enterprise recognised by the World Economic Forum’s Schwab Foundation, is today the world’s leading climate solutions provider and carbon project developer. Since its creation in 2006, it has developed nearly 1,000 projects in over 50 countries to to reduce over one gigaton of CO2 emissions, and to provide social benefits to less privileged communities who are particularly vulnerable to climate change. Projects range from sustainable agriculture, forest conservation, waste management, to energy efficiency and decentralized renewable energy. South Pole also advises thousands of leading companies on their sustainability journeys, including Nestlé, L’Oréal, and Tetra Pak, to achieve net-zero emissions.
With its global Climate Solutions platform, South Pole develops and implements comprehensive strategies that turn climate action into long-term business opportunities for companies, governments and organizations around the world.
South Pole is committed to becoming a B Corp globally across all of its local entities, building on its existing B Corp certification in Australia and the U.S.
Carbonsink is a consulting firm based in Italy providing net-zero decarbonisation and climate risk management strategies for companies. It was founded in 2011 as a spin-off of the University of Florence and today has offices in Florence, Milan and Maputo (Mozambique).
Unique in Italy in offering integrated climate strategy solutions, Carbonsink helps companies in emission measurement and reduction, carbon management and reporting activities, designing the best-suited climate strategies. To date, it has worked with more than 100 clients in Italy and beyond, including Nexi, Enel, and Illy. Building on 10 years of experience, Carbonsink provides consultancy in carbon neutrality and net zero emissions, through the development of projects able to generate carbon credits certified by the main international standards, such as Verified Carbon Standard (VCS/Verra) and Gold Standard. To date, more than 40 mitigation projects have been developed, selected and certified by Carbonsink, equivalent to 3,5 million tonnes of CO2, improving the living conditions of 300, 000 people in local communities and guaranteeing social, economic and environmental benefits on a global scale.
Carbonsink is the first Italian CDP accredited provider since 2017 and since 2021 the first CDP Silver Partner to offer SBT (Science Based Target) services in Italy. It is currently the only Italian company member of the International Emissions Trading Association (IETA) and the International Carbon Reduction and Offset Alliance (ICROA) since 2015.