Meta and Microsoft have committed to purchasing nearly 1.4 million carbon removal credits from a forestry project on Washington State’s Olympic Peninsula, marking a significant investment in nature-based solutions. The initiative is designed to enhance forest stewardship through improved forest management (IFM), with the aim of increasing carbon storage, restoring biodiversity, and creating long-term environmental and community benefits.
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Landscape view of a forestry project on Washington State’s Olympic Peninsula, with forestry workers planting trees. AI generated picture.
The project, spanning 68,000 acres near Olympic National Park, is managed by EFM and supported by Climate Asset Management (CAM)—a joint venture between HSBC Asset Management and Pollination. It incorporates practices such as extended tree harvest rotations, reduced-impact logging, and selective harvesting techniques. These methods not only bolster carbon sequestration but also promote ecosystem health and local engagement.
‘Blending timber income, conservation easements, and carbon credits can simultaneously de-risk and enhance returns’, said James Bullen, Head of Asset Management at CAM. ‘The Olympic Rainforest shows how corporates can mobilise capital at scale for high-integrity climate outcomes that complement, not replace, emissions reductions.’
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Meta’s agreement with EFM spans a decade and will deliver 676,000 nature-based removal credits by 2035. This aligns with the tech company’s broader ambition to achieve net-zero emissions across its entire value chain by 2030. While Meta’s own operations have run on 100% renewable energy since 2020, the challenge lies in reducing indirect emissions, known as Scope 3, linked to its suppliers and product usage. The Olympic Rainforest credits are part of a wider strategy that includes support for direct air capture and soil carbon projects.
Microsoft, meanwhile, has committed to becoming carbon negative by 2030 and aims to erase all historical emissions by 2050. As part of this mission, it signed a multi-year deal to acquire 700,000 credits from the same forestry initiative. The company is also backing EFM’s $300 million Fund IV, which supports environmentally-smart forestry across the US and could yield over 2 million additional credits.
These transactions highlight a broader shift in corporate environmental strategies—from buying carbon credits on the spot market to securing long-term agreements. Such deals provide price stability, ensure credit integrity, and help scale up high-impact projects.
With forests absorbing roughly a third of global fossil fuel emissions each year, investments like these signal growing recognition of nature’s vital role in long-term decarbonisation efforts.
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At DGB Group, we recognise the power of long-term vision—just as Meta and Microsoft are investing in nature-smart forestry to meet green targets, we empower businesses of all sizes to take measurable, credible steps towards sustainability. Our nature-based carbon solutions and tailored CO₂ Expert services help you track, reduce, and compensate for emissions across your value chain with confidence. Whether you're building a net-zero roadmap or seeking high-quality carbon credits, we’re here to make nature impact part of your business strategy. Discover how you can create a greener future with DGB.
