United Kingdom, 20th Feb 2025 – Auto Trader, the UK’s largest automotive marketplace, has partnered with The Carbon Removers to purchase permanent biogenic carbon removal credits. This initiative demonstrates Auto Trader’s commitment to sustainability and its ongoing leadership in line with its strategy of “Putting the Brakes on Carbon” across the automotive and technology sectors.
The credits purchased by Auto Trader with support from Abatable represent biogenic CO2 captured and permanently stored in innovative aggregates used for road building and building blocks. This forward-thinking solution not only aligns with Auto Trader’s sustainability goals but also provides critical support for scaling carbon removal technologies that have a lasting impact on the environment.
“By partnering with The Carbon Removers, we are actively supporting solutions that make a tangible difference,” said Christos Tsaprounis, People & Culture Director of Auto Trader. “This purchase marks an important step in our sustainability journey, and we are proud to continue with our carbon reduction plans for our own operations and also invest in innovative carbon removal technologies that align with our vision of a greener, more sustainable future.”
This collaboration with The Carbon Removers plays a key role in accelerating the adoption of engineered carbon removal solutions, including future large-scale projects such as biogenic CO2 capture with geological carbon storage in Denmark.
Key Benefits of This Initiative:
Sanjay Parekh, Chief Commercial Officer at The Carbon Removers, commented, “The support of forward-thinking organisations like Auto Trader is critical to scaling carbon removal solutions. Their purchase of biogenic carbon removal credits allows us to expand our operations and move closer to achieving large-scale impact through projects such as our Denmark expansion into biogenic CO2 capture and geological storage.”
About Auto Trader
Auto Trader Group plc is the UK’s largest automotive marketplace. It listed on the London Stock Exchange in March 2015 and is a member of the FTSE 100 Index.
Auto Trader’s purpose is Driving Change Together. Responsibly. Auto Trader is committed to creating a diverse and inclusive culture, it aims to build stronger partnerships with its customers and use its voice and influence to drive more environmentally friendly vehicle choices.
With the largest number of car buyers and the largest choice of trusted stock, Auto Trader’s platform sits at the heart of the UK car buying process. That platform is built on an industry-leading technology and data platform, which is increasingly used across the automotive industry. Auto Trader is continuing to bring more of the car buying journey online, creating an improved buying experience, whilst enabling all its retailer partners to sell vehicles online.
Auto Trader publishes a monthly used car Retail Price Index which is based on pricing analysis of circa 800,000 unique vehicles. The same data that powers the Index is used by the Office for National Statistics to make the UK’s official measures of inflation more robust, as well as the Bank of England to feed the broader UK economic indicators.
For more information, please visit: https://plc.autotrader.co.uk/
About The Carbon Removers
The Carbon Removers is a carbon removal company dedicated to engineered carbon removals, focusing on biogenic carbon. The company provides decarbonisation solutions to combat climate change, by capturing and permanently storing CO2 through mineralisation technologies and geological storage. The Carbon Removers, founded by brothers Richard and Ed Nimmons, have announced a breakthrough contract for permanent CO2 storage of 50,000 tons per annum in the Danish North Sea in early 2026, a European first.