TeamViewer announces multiyear partnership with CO₂ removal company neustark to accelerate net zero efforts

TeamViewer is proud to announce a multiyear partnership with neustark, a Switzerland-based carbon removal provider. Through this collaboration, neustark will deliver 1,200 tons of high-quality, durable carbon dioxide removal (CDR) over the course of six years.

Neustark has developed a permanent carbon removal solution that captures CO₂ at point source, like at biogas production facilities. It then stores the CO₂ in mineral waste, such as concrete from demolished buildings, using its IP-protected technology.

“We are thrilled to partner with neustark in our goal to achieve net zero by 2040 – 10 years earlier than suggested by the Science Based Targets initiative. Our aim is to cut emissions from our operations by 90% and address the remaining 10% through long-term CO₂ removal initiatives. This partnership underscores our commitment to reducing emissions and investing in innovative solutions, with neustark helping us effectively manage the emissions we can’t reduce ourselves,” said Alexander Gührer, Director of Sustainability and Procurement at TeamViewer.

In 2023, TeamViewer successfully reduced its emissions by 15%, underscoring the proactive approach to decrease the environmental footprint of its operations and supply chain. TeamViewer’s focus remains primarily on minimizing emissions through rigorous internal processes and engaging with suppliers to adopt more sustainable practices. However, TeamViewer recognizes that achieving net zero will also require the removal of residual emissions, which is where neustark's technology plays a crucial role.

“Reduce to the max, remove the rest – that’s the motto to reach net zero by 2050,” said Lisa Braune, Head of Carbon Removal at neustark. "Companies should first reduce their emissions to the max. But there will always be a portion that is difficult or impossible to avoid. And this is exactly where neustark comes into play with its negative emissions technology, permanently removing CO2 from the air by storing it in mineral waste streams such as demolition concrete.”