Nobel Peace Prize Laureate Professor Yunus
ClimateSeed’s Social Business DNA puts ethics first.
Following Nobel Peace Prize Laureate Professor Yunus’ principles, our work’s main objective is to directly contribute to social and environmental impacts.
ClimateSeed is a social cause-driven company launched during the Global Social Business Summit in November 2018 with Nobel Peace Prize Laureate Professor Yunus.
As a Social Business, ClimateSeed reinvests 100% of its profits to maximize its environment and social impact.
ClimateSeed aims to increase the level of transparency and traceability when it comes to supporting emission reduction projects. Through a close collaboration with project carriers, ClimateSeed ensures air pricing, clear margins, and direct contribution to local communities.
The price of the carbon credit is set by the project carriers to maximize the financial contribution to the projects.
ClimateSeed charges a 15% transaction fee that is paid by the contributors to cover its operational costs.
Launched by BNP Paribas, ClimateSeed has sustainability and banking expertise. We ensure that all emission reduction projects are of the highest quality through our robust three-level verification process, which includes project certification, banking due-diligence and anti-money laundering, and validation from ClimateSeed’s internal Sustainability Committee.
“According to the IPCC, we just have 10 years to act on climate change. As a father and a citizen, I realized that perhaps one day, my children would blame me for not having done enough to preserve the planet.
ClimateSeed was born to accelerate the fight against climate change and help the most vulnerable groups.”Sebastien Nunes CEO ClimateSeed
Sebastien Nunes was in charge of the Fintechs at BNP Paribas Securities Services and had 10+ years experience in the group.
He talked about the idea of ClimateSeed to his management and started an intrapreneurial project with BNP Paribas’ support.
He formed a team and worked on the project together with Nobel Peace Prize Professor Yunus’ Grameen Creative Lab to become the first Social Business launched by BNP Paribas.
In November, ClimateSeed was launched at the Global Social Business Summit together with Professor Yunus.
After 1 year of activity, ClimateSeed works with more than 30 projects and has more than 50 customers.
We are a diverse group of individuals with different backgrounds and expertise that share one goal: fighting climate change.
We are determined to help businesses and organizations accelerate their climate action efforts through our combined knowledge and 15 years of financial experience in corporate banking and sustainability.
The members of our Sustainability Committee bring their technical expertise to analyze each project to ensure that the project claims and co-benefits are correct.
As part of the three-level verification process, it is only after their final approval that the project is added to the ClimateSeed platform.
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