Climate Vault Announces New Collaboration with Morningstar to Neutralize their Carbon Footprint
CHICAGO, April 28, 2022 /PRNewswire/ -- Climate Vault , an award-winning non-profit founded at the University of Chicago, today announced a new collaboration with Morningstar, Inc. , a leading provider of independent investment research, to offset Morningstar's carbon footprint.
- CHICAGO, April 28, 2022 /PRNewswire/ -- Climate Vault , an award-winning non-profit founded at the University of Chicago, today announced a new collaboration with Morningstar, Inc. , a leading provider of independent investment research, to offset Morningstar's carbon footprint.
- Climate Vault purchased carbon permits from government-regulated compliance markets and "vaulted" these permits to neutralize Morningstar's footprint.
- Climate Vault is currently in the process of reviewing applications from its first carbon removal RFP and hopes to award CDR enterprises this summer.
- In addition to Morningstar, Climate Vault is working with TPG, Vanderbilt University, Kearney, Kin and Carta, and other organizations to meet their climate goals.