Liverpool Football Club (LFC) has partnered with 1PointFive, a US-based carbon capture, utilisation, and sequestration company, to introduce exclusive products with a reduced carbon footprint.
As part of the collaboration, each product’s carbon emissions will be offset by removing an equivalent amount of carbon dioxide (CO2) using 1PointFive’s Direct Air Capture (DAC) technology. LFC will calculate the total emissions generated from manufacturing up to the point of distribution from an LFC site—excluding further transport after sale—and purchase the necessary quantity of carbon dioxide removal (CDR) credits from 1PointFive. The removed CO2 will then be permanently stored underground.
The initiative aligns with LFC’s sustainability efforts and demonstrates the application of Direct Air Capture technology in addressing product-level emissions.
Liverpool FC joins other global corporations, including Microsoft, Amazon, and Airbus, in purchasing CDR credits from 1PointFive.
Ben Latty, LFC’s Chief Commercial Officer, said: “Through this partnership, we are exploring carbon removal technologies as part of our emissions reduction strategy.”
Michael Avery, President and General Manager of 1PointFive, added: “Direct Air Capture can help organisations address product emissions in a measurable and transparent way.”
The collaboration will be officially unveiled at CERAWeek in Texas, an international energy conference. Further details on the product range will be announced in the coming months.
This announcement contains forward-looking statements regarding the agreement’s benefits and its impact on carbon emissions, as well as Occidental Petroleum’s (NYSE: OXY) and its subsidiaries’ use of DAC technology. These statements are based on current expectations and estimates and are subject to risks and uncertainties. Factors such as technological advancements, regulatory approvals, and market conditions may influence actual outcomes. Further details on Occidental’s DAC initiatives can be found on the company’s website and in filings with the US Securities and Exchange Commission (SEC).
