Stripe Climate Goals
How Stripe funds permanent carbon removal: Stripe Climate, its role as a Frontier founding member, and what it means for other businesses.
Stripe is one of the most active corporate buyers of permanent carbon removal. Rather than only offsetting emissions, it buys removal early to help new technologies scale, and lets other businesses do the same. Last updated October 2026.
Stripe's Climate Strategy at a Glance
- Frontier: Stripe is one of the founding backers of Frontier, the buyer coalition for permanent carbon removal, alongside Alphabet, Shopify, Meta and McKinsey Sustainability.
- Stripe Climate: a product that lets businesses direct a share of their revenue to carbon removal.
- Approach: buy early from emerging suppliers to help bring costs down.
Stripe and Frontier
Frontier is an advance market commitment that buys permanent carbon removal and vets suppliers that could reach high volume at low cost. In November 2023 it signed offtake agreements worth $47 million for 72,000 tonnes of removal on behalf of Stripe, JPMorgan Chase, H&M Group and others:
- CarbonCapture: $20 million for 45,500 tonnes by 2028.
- Heirloom: $26.6 million for 26,900 tonnes by 2030.
Both are direct air capture companies.
Stripe Climate for Businesses
Stripe Climate lets businesses on Stripe contribute a percentage of their revenue to carbon removal, with Stripe pooling the money to buy from early-stage removal companies. Many businesses publish the share they commit, such as 0.5% or 1% of revenue.
Why Buying Early Matters
New removal technologies cost more at the start. Early purchases give suppliers revenue and a reason to invest in scale, which is how costs come down. Stripe's approach treats removal as an investment in the technology, not just an offset. Our Carbon Dioxide Removal guide explains the main methods.
Transparency
Stripe publishes information about the removal it buys, including a carbon removal inventory in its documentation.
Challenges and Opportunities
- Scaling removal from thousands of tonnes to millions.
- Balancing purchases across methods to spread risk.
- Ensuring permanence and verification for each project.
Frequently Asked Questions About Stripe's Climate Goals
What is Stripe Climate?
A product that lets businesses give a percentage of revenue to permanent carbon removal.
Is Stripe a member of Frontier?
Yes, Stripe is one of Frontier's founding backers.
Does Stripe buy direct air capture?
Frontier, on behalf of Stripe and other buyers, signed offtakes with the DAC companies CarbonCapture and Heirloom in 2023.
How does Stripe compare with other companies?
Compare with Shopify, Google and Meta.
Source
Other Climate Goals
Discover how companies set and achieve climate goals, drive sustainability, and reduce their environmental impact for a greener future.
Reach out and join us in fighting climate change
Take the first step toward offsetting your unavoidable carbon emissions.
Remove CO2 with us