Cleaning Up Our Operational Waste: Sympower Goes Carbon Neutral
Sympower was born with the mission to accelerate the energy transition and enable a sustainable world. Rather than relying on fossil-fuel plants, we create a sustainable supply of flexible energy for our power grids. This also helps to prevent further CO2 emissions by facilitating the integration of more renewable energy resources into the energy system and promoting energy efficiency.
Even though our services lead to significant CO2 savings, it does not mean we can ignore the emissions we generate as a company. We find it important to calculate our CO2 emissions to be aware of their main contributors, decrease them, and remove those emissions that we cannot avoid.
In 2021, we started our collaboration with Klimate to permanently remove our operational emissions every year, as well as making carbon removal a part of Sympower's journey moving forward.
While this was a big step for the company, we did not want to stop there. With the support of our entire team, we decided to take our climate action further and remove all of our historical emissions dating back to our foundation year of 2015.
Commenting on this collaborating, CEO & Founder of Sympower, Simon Bushell said:
“Working with Klimate doesn’t just help us reduce our negative impact on the world, it pushes us to critically reflect on our actions. In order to reduce our carbon emissions, we have to know how much we’re emitting and from where these emissions come from. The emissions that we are not able to prevent, we remove. In the end, Klimate is helping us achieve our goal of being a more conscious company, focused on our responsibilities towards the environment and future generations.”
Simon Bushell, CEO & Founder, Sympower
Simon Bager, Co-founder & Chief Impact Officer at Klimate.co, on the importance of carbon removal
Carbon Removal Process
- Actively remove CO2 from the atmosphere
- Store the CO2
- Prevent it from being re-emitted
The services offered by Klimate allow companies to align their removal strategy with the Science-Based Targets initiative and are based on the Oxford Offsetting Principles.
Commenting on their services, Co-founder & Chief Impact Officer at Klimate.co, Simon Bager said:
“For us, it is really important to work with a company that is already climate and sustainability aware and wants to make an impact. Sympower was one of our first clients that made a commitment to do this as a whole, as a company, and we see you as a good example of what you can do when you want to take ambitious climate action within the carbon removal space.”
Simon Bager, Co-founder & Chief Impact Officer, Klimate.co
To remove all emissions dating back to the founding of our company, we decided to stick to our initial permanent portfolio. This portfolio invests exclusively in carbon removal methods with a permanence of at least 100 years, with some of the portfolio having a permanency of millennia.
The four removal methods of the permanent portfolio are Biochar (heating waste biomass to turn it into Biochar which, applied to soils, stores carbon for a long time), Bio-Oil (locking carbon up by heating up biomass and then storing it underground), Direct Air Capture (using large fan-like machines to pull CO2 directly out of the atmosphere), and BECCS (the burning of biomass to create carbon-neutral bioenergy, and capturing the CO2 produced).
Read more on our carbon removal process here.
Results
Our collaboration with Klimate.co will continue in the coming years to ensure that our future emissions are removed through their services so that we remain a Net Zero company. This title commits us to monitor, reduce and remove the unavoidable parts of our future yearly emissions. Our B Corp status holds us to the highest verified performance, accountability, and transparency standards across social and environmental impact areas. Monitoring and decreasing our operational emissions, while removing the unavoidable ones, is a fundamental part of this.
Other articles you might find interesting
-
News19 April 2023
Sympower acquires Flextools, strengthens its energy flexibility leadership position in the Nordics
Read more -
News19 April 2023
Sympower raises €21.3 million in oversubscribed funding round to broaden services and accelerate European expansion
Read more -
News19 April 2023
Optimus Energy and Sympower Bring Over 230 MW to Greece’s Balancing Market
Read more -
News19 April 2023
"The Greek Demand Response Market will be one of the most financially interesting in Europe." - Explaining Demand Response in Greece
Read more -
News19 April 2023
User-friendly Platform and Reduced Energy Costs: Outcomes of the Flex4Scale Project
Read more -
News19 April 2023
Heidelberg Materials Hellas and Sympower Optimise Greece’s Balancing Markets
Read more -
News19 April 2023
Sympower Selected to Join the EIC Scaling Club Network as One of Europe’s Highest-Potential Deep Tech Scale-Ups
Read more -
News19 April 2023
Smart Energy Solutions: scaling-up Sympower’s platform with the Flex4Scale project
Read more -
News19 April 2023
Electricity Market Design Reform - the Role of Demand Side Flexibility and Storage
Read more -
News19 April 2023
Sympower Goes Live In Greece’s Balancing Markets
Read more -
News19 April 2023
Unlock a world of possibilities: partner with us for a sustainable future!
Read more -
News19 April 2023
Sympower partners with Israeli TSO to improve the stability of Israel’s electricity grid and help reduce CO2 emissions
Read more -
News19 April 2023
Demand-side attention for a successful energy transition? | Sympower in energypress.gr
Read more -
News19 April 2023
Sympower and Vattenfall renew partnership to provide Northern Europe with grid-balancing services
Read more -
News19 April 2023
Accelerating the adoption of Demand Response in European markets
Read more -
News19 April 2023
AEB and Sympower to jointly develop an AI-based smart energy platform
Read more -
News19 April 2023
Phoebus and Sympower collaborating to reduce demand peaks in Israel.
Read more -
News19 April 2023
Dutch TSO enthusiastic about aFRR pilot
Read more -
News19 April 2023
Sympower and Vattenfall working together to power flexibility in the Swedish energy market
Read more