March 17, 2023
Our Commitment to Sustainability
As we know, climate change is an ongoing issue affecting our planet. With the resources they have, we believe businesses play an important role in addressing this challenge. One way that companies can make a positive impact on the environment is by supporting 1% for the Planet. This organization encourages businesses to donate 1% of their annual sales to environmental causes, and it has proven to be a worthwhile investment for companies looking to make a difference.
At Vivid Creative Studio, we contribute 1% of our revenue to carbon removal. We believe businesses have a critically important role to play in helping combat climate change. We’re proud to fund next-generation carbon removal.
Vivid Creative Studio is part of Stripe Climate, a coalition of businesses accelerating carbon removal. No company can stop climate change by itself. Stripe Climate aggregates funds from forward-thinking businesses around the world to increase demand for carbon removal. Stripe Climate works with Frontier, Stripes in-house team of science and commercial experts, to purchase permanent carbon removal.
Supporting 1% for the Planet is simply the right thing to do. We all have a responsibility to protect our planet and to ensure that it is preserved for future generations. By investing in environmental causes, businesses can play an important role in creating a more sustainable future for all of us.
By donating 1%, we are certain that we are making a difference. Stripe Climate works with a multidisciplinary group of scientific experts to find and evaluate the most promising carbon removal technologies, including experts from Climeworks and Charm Industrial.
Climeworks uses renewable geothermal energy and waste heat to capture CO₂ directly from the air, concentrate it, and permanently sequester it underground in basaltic rock formations with Carbfix. Climeworks will remove 322 tons of CO₂ on behalf of Stripe Climate businesses.
Charm Industrial has created a novel carbon removal pathway that converts biomass into bio-oil and then injects it deep underground for permanent geologic storage. In 2021, Charm removed 416 tons of CO₂ on behalf of Stripe Climate businesses.
Supporting 1% for the Planet is a great way for businesses to demonstrate their commitment to sustainability. Customers today are increasingly concerned about the impact that businesses have on the environment, and they are more likely to support companies that are actively working to address these issues. By investing in 1% for the Planet, businesses can show that they are serious about making a difference and are taking real action to support the environment. We encourage all businesses to donate 1% for the planet as we continue to support our Earthly home.
In conclusion, investing in 1% for the Planet is a worthwhile contribution for businesses to make for all of us. By supporting this cause, companies can make a positive impact on the environment, gain access to valuable resources and networks, and demonstrate their businesses’ commitment to sustainability. As we work together to address the challenges of climate change, it is essential that businesses play their part, and contributing 1% for carbon removal is a great way to do just that.