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Press Release

1PointFive And Bain & Company Announce Agreement For Direct Air Capture Carbon Removal Credits

Published by Todd Bush on January 13, 2026

HOUSTON, Jan. 13, 2026 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization and sequestration (CCUS) company announced today that Bain & Company purchased 9,000 metric tons of carbon dioxide removal (CDR) credits over three years enabled by Direct Air Capture (DAC). The agreement is Bain’s first purchase of DAC removal credits as a solution to address residual operational emissions and meet its current net negative commitment. For context, 9,000 tons of removed CO2 is equivalent to the emissions resulting from an estimated 10,000 long-haul roundtrip flights for an economy-class passenger.

The CDR credits will be produced from STRATOS, 1PointFive’s large-scale DAC facility in Texas that is progressing through start-up activities. As a subsidiary of Occidental, 1PointFive is leveraging more than 50 years of carbon management expertise and major projects experience to deliver commercial-scale DAC. The captured carbon dioxide underlying the CDR credits will be stored through durable geologic sequestration.

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“Collaborating with Bain & Company reflects our shared commitment to innovation and the importance of accelerating the adoption of Direct Air Capture technology,” said Anthony Cottone, President and General Manager of 1PointFive. “We believe this agreement demonstrates continued momentum for the solution while supporting the development of vital domestic infrastructure.”

Bain, whose award-winning carbon credit sourcing program includes a diverse set of CDR technologies, has long been a leading supporter of the voluntary carbon market. They have invested in 1.1 million tonnes of high-integrity carbon removal credits over the past five years.

Sam Israelit, Chief Sustainability Officer of Bain & Company, said, “We are proud to partner with 1PointFive and add them to our portfolio of engineered carbon removal technologies. Their track record for developing DAC technology coupled with their deep understanding of what it takes to deliver large-scale infrastructure projects uniquely positions them to be a leader in this emerging segment.”

About 1PointFive

1PointFive is a Carbon Capture, Utilization and Sequestration (CCUS) company that offers integrated solutions to help organizations unlock value from addressing carbon dioxide emissions. Through large-scale Direct Air Capture facilities and geologic sequestration hubs, we are working to deliver durable carbon dioxide removal and storage while enabling the development of low-carbon products and fuels. 1PointFive is a subsidiary of Occidental. For more information, visit 1PointFive.com.

About Bain & Company

Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future. Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $2 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned both an ‘A’ rating from CDP and a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry. Visit our website to learn about our services.

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