Commercial, GHG Emissions - February 26, 2025
Tik Tok, Two Drifters Obtain Carbon Removal
Social media company Tik Tok and brewer Two Drifters signed an agreement for 6,000 tons of CO2 removal.
The agreement was signed with Climeworks, which will remove CO2 for TikTok through a portfolio of direct air capture, biochar, and reforestation and continue its collaboration with Two Drifters focused on its direct air capture technology.
TikTok committed to a multi-year partnership with Climeworks, integrating engineered and nature-based solutions into its carbon removal portfolio. Until 2030, Climeworks will remove 5,100 tons of CO2 from the air for TikTok.
“We carefully evaluated multiple providers to build a high-quality carbon removal portfolio,” said Ian Gill, Global Head of Sustainability at TikTok, in a statement. “Climeworks provided a solution that meets our highest standards and aligns perfectly with our sustainability strategy as we work toward carbon neutrality by 2030.”
British rum producer Two Drifters Distillery has strengthened its commitment to carbon removal by signing a long-term contract with Climeworks. The company has been working with Climeworks since 2020 and will now remove an additional 1,067 tons of CO2 via direct air capture by 2032.
Two Drifters factors the cost of carbon removal directly into their cost of goods sold, creating a financial incentive to reduce emissions.
“The more carbon we avoid through sustainable practices, the greater our margins become,” said Dr. Russ Wakeham, Co-Founder of Two Drifters.
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