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Climeworks Joins the World Business Council for Sustainable Development

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13 Sep, 2024

This post was originally published on WBCSD

Geneva, 12 September, 2024 – The World Business Council for Sustainable Development (WBCSD) announces that Climeworks, a global leader in carbon removal, has joined as its newest member. 

Climeworks develops, builds, and operates direct air capture plants to permanently remove CO2 from the air. In addition, the company offers individually curated portfolios of high-quality carbon removal solutions to its customers that comprise best-in-class engineered and nature-based approaches.

By partnering with WBCSD, Climeworks aims to collaborate with industry leaders to scale up carbon removal solutions, a critical component of the net-zero journey outlined by the Intergovernmental Panel on Climate Change (IPCC). This collaboration provides Climeworks with an opportunity to contribute its expertise in direct air capture and carbon removal to a broader, collective effort essential for meeting global climate targets.

We are delighted to join WBCSD and strengthen the global push towards achieving net-zero emissions together. While reducing emissions is essential, the IPCC clearly states that we must also actively remove existing and hard-to-abate CO₂ emissions from the atmosphere to reach true net zero. We look forward to bringing high-quality carbon removal into the bigger conversation about what corporate sustainability looks like today, an effort where WBCSD is paving the way.

- Matthias Henzgen, Director of Strategic Alliances at Climeworks

Through this partnership, Climeworks hopes to enhance the effectiveness of climate action by educating stakeholders on the importance of carbon removal in corporate climate strategies, advocating for supportive policies, and integrating these solutions into broader sustainability frameworks. The collaboration will empower both Climeworks and WBCSD members to accelerate the global transition to a sustainable future.

We welcome Climeworks to our community with great excitement. They have been a leading force in putting high-quality carbon removal on the map of climate solutions. Together, we will work to realize the potential of carbon removal in achieving a world where 9+ billion people live well within planetary boundaries.

- Peter Bakker, President and CEO of WBCSD, expressed his enthusiasm for Climeworks’ membership

Climeworks’ sustainability mission goes beyond goals; it forms the company’s purpose. With its service to permanently remove CO2 from the air for companies, organizations, and individuals, Climeworks is committed to mitigating global warming and ensuring that future generations inherit a healthier planet.

By joining WBCSD, Climeworks reinforces its commitment to lead, innovate, and drive transformative climate solutions that balance the needs of people and the planet. Together with WBCSD and its members, Climeworks is poised to make a meaningful impact on the global sustainability agenda.

The post Climeworks Joins the World Business Council for Sustainable Development first appeared on WBCSD.

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ABB has gained Environmental Product Declaration (EPD) status for its Gearless Mill Drive (GMD) ring motor — technology used to drive large grinding mills in the mining industry.

An EPD is a standardised document that provides detailed information about the environmental impact of a product throughout its life cycle. Based on a comprehensive Life Cycle Assessment (LCA) study, the EPD highlights ABB’s commitment to transparency, environmental responsibility and supporting customers in making informed decisions on sustainability in their supply chains.

ABB analysed the environmental impact of a ring motor across its entire life cycle from supply chain and production to usage and end-of-life disposal. The study was conducted for a ring motor of a semi-autogenous grinding (SAG) mill with an installed power of 24 MW and was based on a reference service life of 25 years.

“Sustainability is at the core of our purpose at ABB, influencing how we operate and innovate for customers,” said Andrea Quinta, Sustainability Specialist at ABB. “By earning the Environmental Product Declaration for our ring motor, we emphasise our environmental stewardship and industry leadership for this technology. We adhered to the highest standards throughout this process, as we do in the ABB Ring Motor factory every day. This recognition highlights to the mining industry what they are bringing into their own operations when they work with ABB.”

The comprehensive LCA was conducted at ABB’s factory in Bilbao, Spain, and was externally verified and published in accordance with international standards ISO 14025 and ISO 14040/14044. It will remain valid for five years.

The ring motor, a key component of the GMD, is a drive system without any gears where the transmission of the torque between the motor and the mill is done through the magnetic field in the air gap between the motor stator and the motor rotor. It optimises grinding applications in the minerals and mining industries by enabling variable-speed operation, leading to energy and cost savings.

The full EPD for the ABB GMD Ring Motor can be viewed on EPD International.

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