21,778 credits delivered to customers including Shopify, Microsoft, and Stripe.
2023 Iceland Operations
Our operations are based in Icelandic coastal communities. These operations included terrestrial biomass sinking and ocean alkalinity enhancement — two pathways within our multi-pathway carbon removal system. Each deployment carried between 1,000 and 3,000 tonnes of alkaline-coated wood to the edge of Iceland’s exclusive economic zone under a permit from the Icelandic government.
Our technology (hardware, software, and models) combined with the best available science, was used to accurately quantify the amount of CO2e removed from 2023 operations and serves as the foundation for quantifying additional biological and chemical carbon removal pathways.
This makes Running Tide the largest permitted and active carbon removal project in the world today. (CDR.FYI)
Third Party Reviewed
Our carbon removal approach has been reviewed by Deloitte for alignment with ISO 14064-2. We are working diligently toward conformance with the Reykjavik Protocol, and our carbon removal projects are subject to assurance and third party review by accredited, internationally-recognized auditing firms.