By Claude Letourneau, CEO, Svante The redwoods of North America are the tallest and longest-living trees on Earth. They are also among nature’s most potent CO2 sponges, soaking up hundreds of tons of carbon per acre. But these stately giants need centuries to reach their full potential. So what if we could recreate their carbon-storing power, but at industrial scale and speed? Today, I am proud to announce the launch of Redwood, Svante’s $150 million Centre of Excellence for Carbon Capture and Removal. Located in Burnaby, B.C., Redwood is the world’s first commercial-scale carbon filter manufacturing plant. It stands as a testament to what’s possible when innovation, collaboration, and urgent climate action come together. A Leap Forward for Carbon Management At full production, Redwood will make enough filters each year to capture 10 million tons of CO2, equivalent to the emissions from powering 1.2 million homes. Put another way, filters

AI is emerging as a gamechanger for many industries, but it also presents society with its own set of challenges, including environmental ones. Thanks to the demands of AI compute loads, the carbon footprint of data centers is expected to nearly triple by 2030, creating an incremental 2.5 billion tons of CO2-equivalent emissions, according to a recent report by Morgan Stanley. This increase would cancel out more than 80% of all globally targeted emissions reductions over the same period, according to the International Energy Association. Like many transformative technologies before it, however, within this challenge lies the potential for AI to also be a critical part of the solution. Understanding Carbon Intensity One important area where AI can shine is in helping businesses understand and manage their carbon intensity. Modern businesses can have sprawling supply chains that cut across multiple industries and geographies. Measuring emissions at every step is a