Rubicon Carbon

Rubicon Carbon is a next-generation carbon asset platform that empowers large enterprises to achieve their sustainability goals through risk-adjusted carbon credit portfolios built for transparency, trust, and scale. Backed by TPG Rise Climate Fund with an initial capital commitment of $300 million targeting total commitments of $1 billion, Rubicon was designed to deliver greater scale, confidence, and innovation across all facets of the voluntary carbon market. The company's flagship product, the Rubicon Carbon Tonne (RCT), provides enterprise customers access to proprietary, broadly diversified sets of nature-based and non-nature-based carbon credits backed by owned inventory. Rubicon serves major enterprises including Microsoft — with whom it has a framework agreement for 18 million tonnes of carbon removal credits — and ByteDance.