AXA IM has acquired ClimateSeed, the voluntary carbon off-setting platform. The investment in ClimateSeed has been made through the Impact Investing Strategy, adding to its existing investment portfolio of climate focused solutions.
Launched in 2018, ClimateSeed acts as an innovative marketplace, connecting businesses seeking to offset their carbon emissions with project developers offering carbon reduction projects with high environmental and social benefits. ClimateSeed’s portfolio includes 36 projects in 24 countries with an aggregated capacity of over four million verified carbon credits.
AXA IM’s investment in ClimateSeed aligns with the Impact Investing Strategy’s mission to catalyse solutions that combat climate change and preserve biodiversity. ClimateSeed complements the strategy‘s diversified portfolio of nature-based projects facilitating carbon avoidance and sequestration.
Through the investment, AXA IM will fund ClimateSeed’s operating
