View original ↗on axa.ch
deal · 27 November 2024
AXA Schweiz ↔ Neustark
AXA Schweiz: a firm purchase of 1,800 t of bioenergy with carbon capture and storage removal from Neustark.
BuyerAXA Schweiz
SupplierNeustark
Tonnes1,800 t
Capture pathwayBioenergy with carbon capture and storage
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionCO2 from biogas plants is captured and stored in demolition concrete. The CO2-enriched granulate is reused as recycled building material.
Storage descriptionPermanent storage in demolition concrete (recycled building material)
Delivery window2026-2030
Project locationSwitzerland and Europe
NotesAXA Schweiz commitment to support two CO2 removal projects from 2026-2030 as part of operational emissions strategy shift toward permanent CO2 removal rather than offsetting.
Durability defaultedtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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