Stripe, a San Francisco-based financial and software as a service (SaaS) company, is launching a platform to encourage its clients to invest in carbon removal technologies. The new platform, Stripe Climate, allows clients to divert a percentage of their credit card revenue to fund carbon removal companies. The case asks students to justify Stripe’s decision to enter the carbon removal investing space by launching a product that does not generate any profit. Should Stripe, a fintech services company, be entering the carbon removal technologies industry? The case introduces students to different carbon offset and removal strategies that companies have deployed, which can lead to robust discussion about the effectiveness of corporate approaches to climate change solutions. Additionally, this case provides background for rich debate on the role of the private sector in taking leadership roles to address climate change.
Stripe: Encouraging Customers to Invest in Carbon Removal
by: Andrew Hoffman
Core Disciplines: Information - Technology & Management, Marketing/Sales, Social Impact, Strategy & Management, Sustainability
Available Documents
Click on any button below to view the available document.
Make sure you are registered and/or logged in to our site to view product documents. Once registered & approved, faculty, staff, & course aggregators will have access to full inspection copies and teaching notes for any of our materials.
$3.95
If you need to make copies, you MUST purchase the corresponding number of permissions, and you must own a single copy of the product.
Electronic Downloads are available immediately after purchase. "Quantity" reflects the number of copies you intend to use. Unauthorized distribution of these files is prohibited pursuant to term of use of this website.
Teaching Note
This product has a teaching note available. Available only to Registered Educators. Please login to view it.
Description
Teaching Objectives
After reading and discussing the material, students should:
- Debate the business case for private sector actors to lead climate change solutions.
- Distinguish among different carbon removal strategies.
- Identify major players in the e-commerce sector.
- Describe how companies can meaningfully engage in corporate social responsibility (CSR) using their unique assets to further climate mitigation.
- Discuss the pros and cons of breaking into a new and unfamiliar industry.
- Recap the state of carbon removal technology and financing.