Bain & Company has entered an agreement to purchase 9,000 metric tons of carbon dioxide removal credits from 1PointFive, marking its first deployment of direct air capture technology to address remaining operational emissions. The credits will be delivered over a three year period and sourced from STRATOS, 1PointFive’s flagship direct air capture facility located in Texas, which is currently progressing through its start up phase as commercial operations ramp toward scale.
STRATOS is designed to remove carbon dioxide directly from the atmosphere and permanently store it through geologic sequestration, positioning the project as a long duration carbon removal solution. The transaction aligns with Bain’s broader climate strategy, which includes a Beyond Value Chain Mitigation commitment adopted in 2021 and a pledge to purchase and retire carbon removal credits exceeding 100 percent of its residual emissions annually. According to Bain, the firm has supported more than 1.1 million metric tons of high integrity carbon removal credits over the past five years, spanning multiple technologies. The addition of direct air capture reflects growing corporate interest in engineered removal pathways as companies seek durable options to complement emissions reduction efforts and strengthen long term climate accountability frameworks.
Why it matters
The agreement highlights rising corporate demand for durable carbon removal as direct air capture projects move toward early commercial deployment.
Source Attribution
Source: Bain & Company
