The LEGO Group announced new partnerships with climate solutions providers Climate Impact Partners and ClimeFi, including carbon credit purchases supporting four carbon removal projects across a range of engineered and nature-based solutions. The commitment, valued at DKK 24 million (USD$3.3 million), also includes participation from KIRKBI, the Kristiansen family office that owns The LEGO Group.
The carbon removal technologies featured in these partnerships include biochar, enhanced rock weathering, and reforestation. The agreements, which will deliver carbon removal credits between 2024 and 2026, expand on LEGO’s 2023 climate commitments. These include pledges to achieve net zero emissions by 2050, develop emissions reduction targets with the Science Based Targets initiative (SBTi) covering Scope 1, 2, and 3 emissions—the latter accounting for 98% of LEGO’s carbon footprint—and invest over $1.4 billion in environmental sustainability initiatives over the next three years. The new deals complement LEGO’s existing nine-year carbon removal agreement with direct air capture provider Climeworks.
Annette Stube, Chief Sustainability Officer at the LEGO Group, stated, “We are proud to support these climate initiatives which we believe will have a positive impact on the wider environmental ecosystem. Innovative, high-quality carbon removal projects and emerging technologies have the potential to play an important role in supporting a more sustainable future, while reforestation has the potential to support improved biodiversity. These partnerships allow us to build our understanding of new technologies and practices to support a healthy planet for future generations.”
The LEGO Group’s partnership with ClimeFi includes two biochar projects and an enhanced rock weathering project. Biochar carbon removal involves converting waste biomass into biochar, stabilizing carbon for long-term storage. Enhanced rock weathering accelerates the natural process by spreading rock powder over agricultural fields, permanently removing carbon from the atmosphere. Both methods offer additional benefits beyond carbon sequestration, notably for improving soil health.
Paolo Piffaretti, Co-Founder and CEO at ClimeFi, said, “We’re excited to partner with the LEGO Group on this robust and durable carbon removal portfolio. The projects were carefully chosen based on ClimeFi’s strict quality standards and underwent thorough technical review. The LEGO Group’s early adoption of these high-quality carbon removal solutions will help catalyze the growth of the Carbon Dioxide Removal industry and help achieve our shared climate goals.”
In addition, the LEGO Group has partnered with Climate Impact Partners to support a large-scale reforestation project in the Lower Mississippi Alluvial Valley (USA) through the purchase of carbon credits. The project, managed by the GreenTrees platform, aims to reforest more than 400,000 hectares in a region significantly affected by deforestation. The initiative also seeks to enhance flood protection, mitigate hurricane and flood damage, and improve water quality in the Mississippi River by reducing nutrient runoff.
Sheri Hickok, CEO of Climate Impact Partners, said, “We are proud to partner with the LEGO Group on its climate action ambitions, helping to turn them into tangible impact. This is a leading example of how the private sector can drive real impact—taking steps to reduce value chain emissions and simultaneously channeling finance to solutions, like reforestation, that deliver beyond value chain impact.”
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