Deloitte supports CarbonCure’s low-carbon concrete

TORONTO — Deloitte Canada has announced it has reached a multi-year agreement with CarbonCure Technologies for the purchase of carbon credits generated by CarbonCure.

Through the agreement, Deloitte will support the installation of CarbonCure’s carbon removal technologies around the globe, stated a release.

CarbonCure injects captured and liquefied CO2 from industries and Direct Air Capture (DAC) into concrete, reducing the amount of cement needed, permanently storing CO2 and increasing the concrete’s strength, said Deloitte. CarbonCure was recognized as North American Cleantech Company of the Year in 2020 and was grand prize winner of the Carbon XPRIZE in 2021.

CarbonCure’s technology for ready mix concrete reduces carbon emissions by about five per cent per truckload.

“Entering this agreement with Deloitte Canada is pivotal in our mission to make a positive impact on the construction industry’s environmental footprint, accelerating the global deployment of our solution,” said Robert Niven, CEO of CarbonCure, in a statement. “Together, we can drive innovation and sustainability to new heights.”