This week we announced that South Pole and CO2logic will be joining forces. The merger comes at a time when the number of net-zero targets, the scale of corporate action, and the demand for high-quality carbon credits are all rapidly accelerating. It is clear that we are at a critical period of action for our planet. And within this context, the joining of our two companies is more than just a merger - it's a monumental opportunity at a time when our planet needs it most.
To start, let's back up a little. Fifteen years ago, when corporate climate action was rare, we each had a vision of what could be accomplished if companies, from the largest down to the smallest, took responsibility for their carbon footprints and took real environmental action. With this vision to guide us we rolled up our sleeves, got to work, and established ourselves as pioneers in the field. For fifteen years, as governments talked, we helped companies act. As global emissions continued to rise, we developed thousands of projects and fought to make a difference by reducing those emissions every single day, with every tree, with every cookstove. Throughout these fifteen years we have been driven by purpose and united by the values that are shared among all pioneers: to help improve people's lives and to make the world a better place.
It is this striving for the common good that has now brought us together to achieve even greater impact than before. And it is impact which is key. With South Pole's experience in developing impact funds, for example, CO2logic gains access to financing for its pipeline of projects in Africa which may have otherwise gone undeveloped. With South Pole's global reach, the experts and engineers at CO2logic gain an even broader platform from which to strive for impact with multinational companies around the world. And with CO2logic's deep knowledge of the market in France and Belgium - in many ways the centre of Europe - South Pole will deepen its ability to provide strategies and advice to some of the most strategic actors, actors that can have a strong impact on climate action over the next critical decade.
With the 500 staff at South Pole coming together with the 40 staff at CO2logic, we are becoming so much more than a family of almost 550 people committed to a cause. We are establishing ourselves as the world's leading go-to source for ambitious and impactful climate and environmental action across Europe and around the entire world.
When large companies like Nestlé and L'Oréal or small companies like our local restaurants want to have an impact, they come to us.
When governments and other organisations need to turn to thought leaders for expert advice, they come to us.
And through all of this we will continue to push the envelope, to seek out new areas where we can explore collaboration with a high potential for impact. Sustainability doesn't end with climate change; it also includes action on things like restoring biodiversity or cleaning up plastic pollution, and solving these issues with digital solutions. The world is coming to realize this, and when they need expert advice, we are already there.
Over the past month, the CO2logic and South Pole teams have started to meet. Although we are two different organisations, it is clear that we share the same philosophy and understanding of what is right, what is wrong, and how to tackle complex and important issues. While we may be working with new people in different places, it already feels like home. For all of us, it's important to know that we are working together with dedicated experts who share the same values and pioneering spirit.
For new and existing clients and companies that work with us, it means we will be able to serve you better than ever before as the largest and certainly one of the most experienced actors in this space. And for the planet, it means that we now have a better chance than ever to make the world a better place and to build a future that we can be proud of.
Together, South Pole and CO2logic form the world's largest climate solutions provider and carbon project developer.