In addition to help saving the forests (thanks to our existing partnership with Tree Nation), we now contribute another 1% of our generated revenue to carbon removal as an official Stripe Climate Member. With every payment, we automatically support innovative environmental technologies that remove CO₂ from the atmosphere. The amount we contribute is deducted directly from our revenue, that means the price for you as our customer is and and will always be the same.
We are very happy to be a part of this program, because the removal of CO₂ is an important task for us all. In order to prevent the most severe consequences of climate change, we should aim to limit the average temperature around the globe to 1.5°C above pre-industrial levels.
In order to accomplish this, we would need to both significantly reduce new emissions but also remove existing carbon in our atmosphere. For this reason, we support existing but also emerging carbon removal technologies with every payment we receive. This allows us to ensure that these technologies can continue to work on reducing the carbon footprint but also continue to scale. For a better atmosphere for everyone.
If you would like to learn more about the Stripe Climate program, follow this link here.