South Pole announced in February 2022 that Temasek had taken a minority stake “via its carbon solutions platform”. In June 2022, this was revealed to be GenZero.
Swiss carbon finance consultancy South Pole has raised an undisclosed amount in a new investment round, with participation from “its largest shareholders” including Temasek subsidiary GenZero, Swiss family office Corisol and London-headquartered investor Lightrock.
In an April 25 statement, South Pole says the additional capital will “support and accelerate the pace of change and innovation already happening within South Pole”. The company says it is preparing for the “next phase of development in carbon markets and corporate climate action”.
