Rothschild & Co And O.C.O Technology Announce New Carbon Removal Offtake Agreement
Rothschild & Co is pleased to announce a new three‑year carbon‑removal offtake agreement with O.C.O Technology, a UK‑based pioneer in permanent carbon capture and carbon‑negative construction materials. This partnership forms part of Rothschild & Co’s broader ambition to support durable, science‑based climate solutions that contribute to the Group’s strategy to gradually increase the share of removals in its compensation portfolio to 100% in 2030.
O.C.O is a leader in Accelerated Carbonation Technology (ACT), a patented process that permanently stores CO2 by turning it into stable carbonate minerals. The technology speeds up natural mineralisation of waste materials, transforming CO2 and industrial residues into a carbon‑negative aggregate used in construction. ACT locks away CO2 as solid minerals and produces high‑quality, verified carbon removal credits. The process uses very little energy and creates useful circular economy products from waste that would otherwise go to landfill.
Under the offtake agreement, Rothschild & Co will purchase a set volume of verified carbon removal credits generated by O.C.O’s mineralisation process, supporting both the expansion of existing production capacity and the development of future ACT and carbon‑negative material facilities.
Anne Imbach, Group Head of Sustainability at Rothschild & Co, highlights: “The partnership reinforces Rothschild & Co’s long‑term commitment to support and work with partners and innovators developing critical solutions for the energy transition, including high‑integrity carbon removals that deliver measurable, verifiable climate benefits.”
In O.C.O, Stephen Roscoe - Director, welcomes the opportunity to partner with Rothschild & Co: “Long-term partnerships such as this are underpinning O.C.O’s ability to grow our business both in the UK and globally. They demonstrate a developing maturity in the voluntary carbon market, with technologies such as O.C.O’s perceived as a credible component in tackling emissions and combating climate change.”
The agreement was facilitated with the support of Patch (https://www.patch.io/).
Source: Rothschild & Co