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A Swiss consultancy that specializes in carbon finance. Established in 2006 in Zurich, the company offers a range of services including project and technology financing, advisory services on sustainability risks and opportunities, and the creation of environmental commodities like carbon and renewable energy credits.
South Pole has been at the forefront of decarbonization since 2006, developing and implementing comprehensive strategies that turn climate action into long-term business opportunities for Fortune 500 companies, governments and organizations around the world. South Pole is more than a leading consultancy, its team of 1,200+ experts have developed projects, as well as designed innovative tools across finance, climate neutral APIs, and carbon offset solutions to help clients reach their carbon mitigation and Net Zero goals. To date South Pole has worked with over 1,000 clients, and will soon have developed 800 offset projects across 30 offices globally. Our solutions have created tens of thousands of jobs in developing countries, hundreds of millions of dollars for business, improved brand value and better living and working conditions for countless people in vulnerable communities around the world.
South Pole was established in 2006 by a group of graduates from the Swiss Federal Institute of Technology (ETH), including Patrick Bürgi, Thomas Camerata, Renat Heuberger, Ingo Puhl, and Christoph Sutter. They were later joined by Christoph Grobbel, Marco Hirsbrunner, and Christian Dannecker as equal partners. The company was initially formed as a spin-off from the ETH Zurich and was known as the non-profit organization, 'myclimate.'
After the success of myclimate, the founders decided to turn climate change into a business opportunity and launched 'South Pole Carbon.' In 2012, the company acquired a significant stake in the Australian carbon farming project developer and offset retailer, Climate Friendly. In 2015, the company was rebranded to 'South Pole Group' and later renamed to the current 'South Pole' in January 2018.
In 2017, South Pole acquired Climate Friendly's domestic and international carbon and renewables division, which at that point was a majority-owned subsidiary of the company. However, in 2019, South Pole sold its majority stake in Climate Friendly back to the Australian subsidiary's management team.
In 2021, Lightrock, a leading global impact investor backed by LGT and the Princely House of Liechtenstein, acquired a 10% stake in South Pole with an investment of around €20 million. South Pole also expanded its offerings by acquiring the Belgium-based climate consultancy, CO2logic, and the Italy-based Carbonsink, with offices in Milan, Florence, and Maputo.
As of 2019, South Pole claimed to have removed or reduced over 170 million tonnes of CO2, cementing its position as a key player in the carbon finance industry.
South Pole's mission is to help organizations and governments transition to a low-carbon economy by providing innovative solutions that reduce carbon emissions and promote sustainable development. The company aims to create a world where sustainable development is the norm, and businesses operate within planetary boundaries. South Pole's vision is to be the leading provider of climate solutions, driving positive change for people and the planet.
South Pole's vision is to create a world where sustainable development is the norm, and businesses operate within planetary boundaries. The company is committed to helping organizations and governments transition to a low-carbon economy by providing innovative solutions that reduce carbon emissions and promote sustainable development.
South Pole offers a range of products and services that help organizations and governments transition to a low-carbon economy and promote sustainable development. These include:
Project and Technology Finance: South Pole provides financial solutions for climate projects and technologies that help reduce greenhouse gas emissions. These solutions include debt and equity financing, as well as access to carbon markets and other sources of climate finance.
Advisory Services: South Pole offers advisory services on sustainability risks and opportunities, helping clients identify and manage risks related to climate change and sustainability. The company's advisory services cover a range of topics, including carbon footprinting, sustainability reporting, and climate risk management.
Environmental Commodities: South Pole develops and trades environmental commodities, including carbon credits and renewable energy certificates. These commodities enable organizations to offset their carbon footprint, support renewable energy projects, and demonstrate their commitment to sustainability.
Sustainability Solutions: South Pole provides a range of sustainability solutions, including energy efficiency audits, renewable energy assessments, and sustainable supply chain management. These solutions help clients reduce their environmental impact and improve their sustainability performance.
https://www.greenbiz.com/article/south-pole-mitsubishi-open-carbon-removal-projects-buyers
https://www.reinsurancene.ws/zurich-and-south-pole-join-forces-on-climate-change-offering/
https://www.swissinfo.ch/eng/business/south-pole--the-fairy-godmother-of--green--wishes/48055360
https://carboncredits.com/south-pole-regrow-regenerative-agriculture/
https://finance.yahoo.com/news/voluntary-carbon-offsets-market-size-142019735.html
https://www.edie.net/what-is-greenhushing-and-why-is-it-a-risk-for-sustainability-professionals/
https://www.bloomberg.com/news/videos/2023-04-06/faulty-credits-tarnish-major-carbon-offset-seller
