The Lufthansa Group’s central digitalization unit launches Squake, a CO2 compensation platform aimed at companies from the entire travel, mobility, and transport industry.
By using an application programming interface (API) companies can now easily calculate and offset the CO2 emissions of the services they offer. The new solution permits them to develop individual sustainable products that are optimally tailored to the needs of their customers.
“The travel and mobility market is urgently looking for effective solutions to increase sustainability. Our answer to this is the climate tech startup Squake, which helps companies accelerate their development of sustainable products,” says Christine Wang, Managing Director Lufthansa Innovation Hub.
“With Squake, we are able to make our offsetting expertise accessible beyond aviation. It is only possible to achieve sustainability in the long term if we work together, which is why we rely on cooperation within the market and between the participating companies. Our vision for Squake is that it will provide a ‘green-tech backbone’ for travel and mobility.”
Source: Lufthansa
