-

Red Sox Become First Carbon Neutral Fan Experience in Baseball with Aspiration

Aspiration’s Planet Protection to aid the Red Sox in Expanding their “Greening” Efforts

LOS ANGELES--(BUSINESS WIRE)--The Boston Red Sox, one of the best-loved sports franchises in the world, and Aspiration, the global leader in sustainability as a service, today announced that they have created a historic partnership to neutralize the greenhouse gas emissions of Red Sox fans attending games at Fenway Park in Boston, MA, through Aspiration’s Sustainable Impact Services and Planet Protection feature. Aspiration will serve as the official sustainability provider for the team in a deal that will mark the Red Sox as a climate leader in Major League Baseball.

The Red Sox will embed an Aspiration Planet Protection contribution in every ticket purchase for Fenway Park to easily integrate climate action into the day-to-day fan experience. The club will contribute a portion of the sale of each ticket to the Aspiration Planet Protection Fund for the purchase of verified carbon credits and to provide other sustainability services that help counter fans’ individual climate impact as they root on their team throughout the season.

“Finding sustainable and efficient ways to lower our carbon footprint and help offset the environmental impact of a 110-year-old ballpark requires creativity, unique methods, and deeply passionate partners like Aspiration,” said Red Sox Chairman Tom Werner. “With this deal, a portion of the sale of every Red Sox ticket will be contributed to the Aspiration Planet Protection Fund which will help neutralize the climate impact of each fan attending a game at Fenway Park. We are thrilled to be working with a company that is fighting climate change by infusing that mission into every aspect of their business.”

Built in 1912, the legendary Fenway Park is one of the oldest baseball parks in the U.S. – and in recent years, has become a model for what the green future of the sport can look like. The partnership with Aspiration builds on an initiative that began in 2007, when the Red Sox undertook a five-year greening plan for Fenway Park through work with the Natural Resources Defense Council, including the installation of solar panels and the implementation of the ballpark’s Green Team, a first-of-its-kind recycling initiative. Today’s announcement signals the Red Sox’s ongoing commitment to climate-conscious endeavors and sets a new standard for offsetting the carbon footprint of its fans.

“The home of the Green Monster is becoming the home to ‘green’ progress and ‘Dirty Water’ is giving way to a cleaner planet,” said Andrei Cherny, CEO and Co-Founder of Aspiration. “We’re honored to partner with the Red Sox in this effort to bring easy, automated climate impact to every fan that walks into Fenway Park and are excited to set a new standard for climate accountability in sports.”

Every verified carbon credit project that Aspiration supports with Planet Protection goes through a rigorous verification process. Issued credits are certified by carbon standards including the Verified Carbon Standard, Gold Standard, American Carbon Registry, and Climate Action Reserve, and verified by an independent auditor.

Aspiration recently entered into a merger agreement with InterPrivate III Financial Partners Inc. (NYSE: IPVF), a publicly-traded special purpose acquisition company, which, upon closing, will result in Aspiration becoming a listed company as a Public Benefit Corporation, building on Aspiration’s existing commitments to generate social and public good and operate in a responsible and sustainable manner.

CAA Sports orchestrated the agreement between Aspiration and the Boston Red Sox.

About Aspiration Partners, Inc.

Aspiration is a leading platform to help people and businesses put automated sustainable impact into their hands and integrate it into their daily lives. Aspiration has earned the trust of its more than 7 million members by helping them spend, save, shop, and invest to both "Do Well" and "Do Good." Aspiration Partners, Inc. is a certified B Corp. For more information, visit Aspiration.com or Aspiration.com/business.

About InterPrivate III Financial Partners Inc.

InterPrivate III Financial Partners Inc., led by Chairman & CEO Ahmed Fattouh, President Nicholaos Krenteras, and Vice Chairman Sunil Kappagoda, is a blank check company whose business purpose is to affect a business combination with one or more businesses in the financial services or fintech sectors. InterPrivate III’s Board of Directors includes globally recognized financial services leaders including: former BankOneChairman, John McCoy; former Lucent and Verifone Chairman, Rich McGinn; Pine Brook founder and former Warburg Pincus Vice Chairman, Howard Newman; and fintech investor Gordy Holterman.

Contacts

Media
Sehrish Sayani
Aspiration
press@aspiration.com

Aspiration Investor Relations
investors@aspiration.com

Aspiration Partners, Inc.

NYSE:IPVF

Release Versions
$Cashtags

Contacts

Media
Sehrish Sayani
Aspiration
press@aspiration.com

Aspiration Investor Relations
investors@aspiration.com

More News From Aspiration Partners, Inc.

Aspiration Announces Olivia Albrecht as CEO

LOS ANGELES--(BUSINESS WIRE)--Aspiration, a global business leader in climate solutions, today announced the appointment of Olivia Albrecht as the company’s new Chief Executive Officer. She will assume day to day leadership of the company and will also join Aspiration’s Board of Directors. Albrecht takes on the role following Aspiration’s co-founder and CEO, Andrei Cherny. Cherny will retain his position on the board and remain on as an advisor for Aspiration during the transition period, follo...

Carbon Opportunities Fund Launches First-of-its-Kind Investment Platform to Issue Tokenized Carbon Credits

WASHINGTON--(BUSINESS WIRE)--The International Finance Corporation, Cultivo, Aspiration, and Chia Network, today announced the launch of the Carbon Opportunities Fund (the Fund), a global investment platform that will raise private capital for an innovative model to source, tokenize and sell high-quality, verified carbon credits. The Fund will seek to catalyse investments in the voluntary carbon markets and broaden access to finance for nature-based projects certified by leading international s...

CORRECTING and REPLACING Aspiration Introduces Tim Newell as Company’s First Chief Innovation Officer

LOS ANGELES--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: ASPIRATION INTRODUCES TIM NEWELL AS COMPANY’S FIRST CHIEF INNOVATION OFFICER Former Tesla / SolarCity / White House tech leader will drive the development of the company’s next-generation sustainability services amid promising growth Aspiration, a global leader in Sustainability as a Service solutions for consumers and companies, today announced tha...
Back to Newsroom