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      one million tons
      CO2  net reduction

       

      Initiative

      Our goal is to eliminate 1 million tons of CO2 emissions by 2030, and we passionately invite you to join us in this critical mission to combat climate change together.

      Climate change is one of the greatest threats facing humanity today, and its negative consequences are becoming increasingly clear. Rising temperatures, more frequent extreme weather events, and rising sea levels are just a few of the impacts that we can expect to see if we fail to act quickly to reduce our carbon emissions.

      The science is clear: we need to drastically reduce our greenhouse gas emissions in order to avoid the worst impacts of climate change. We simply cannot afford to wait any longer to take action. That's why the 1 Million Tons Initiative is investing in climate technology, renewable energy projects, and social initiatives that will help us achieve our ambitious goal.

       

       
       
       
      One of the first investments of the 1 Million Tons Initiative is Voltares, a group of companies dedicated to clean energy. Voltares is focused on developing renewable energy projects and making strategic Cleantech investments that eliminate CO2 emissions. With a geographical focus on emerging markets in Asia and Africa, Voltares responds to the climate crisis by developing and implementing solar, wind, and hydropower projects.
       
      From rural electrification projects in Africa to utility-scale renewable energy projects in the Caucasus region, Voltares is committed to achieving measurable SDG targets and ESG ratings. Forming strategic initiatives with experienced partners in their target countries is a key factor in Voltares’ success. Together with their partners, Voltares develops and implements projects from scratch, each with its own shape, scope, and scale.  
       
      Apart from building the sustainable and renewable energy infrastructure of the future, the 1M Tons Initiative aims to invest in the technological and commercial enablers of climate action via direct equity investments in promising companies and projects.
       
      Providing capital and resources to people that focus on the behavioral change that is needed to enable CO2 friendly solutions rounds up the third focus of the 1 Million tons mission of Cornelius Patt.
       
      We invite you to  learn more about our initiative and our efforts to reduce CO2 emissions. Join us in our mission to make a positive impact on the planet and help us create a more sustainable and resilient future for all.
       
       
       
       
       

      Founder

       
       
      Dr. Cornelius Patt  is CEO and principal investor of Voltares Group (privately held) which is dedicated to clean energy and is part of the 1 million tons initiative - aiming at taking out cumulatively 1 million tons of carbon in the current decade. 
       
       

      Dr. Cornelius Patt

       

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      01 Who is Cornelius Patt 

       

      His studies in business administration at Vienna University of Economics (Wirtschaftsuniversität Wien) were followed by a doctorate in the Department of Marketing in Vienna and New York. 

      From 1995 to 1999, Dr. Patt worked for Roland Berger Strategy Consultants, starting as consultant, followed by the supervision of consultancy projects in Munich. 
       

       

       

      02 What Cornelius Patt creates

       

       

      Dr. Cornelius Patt was Co-Founder and Member of the Management Board of zooplus SE since 1999 and Chairman of the Management Board/CEO since 2006. Zooplus SE was taken public in 2008 and again taken private in 2021, at a valuation of € 3,5 bln, ending a successful public market presence with an annual IRR of approx. 30% over this 12-year period. 

       

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      03 How Cornelius Patt works

       

      Dr. Cornelius Patt is an analytical and strategic thinker combined with an entrepreneurial spirit and a good grasp of tech for business. Among others, he received the “Private Equity Deal of the Year Europe” award in 2022 and the Sauren Golden Award – “Entrepreneur of the Year” in 2015. 

       

       

      Principles

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      Avoid

      Our goal is to reduce the use of fossil fuels, which are the main contributor to climate change, by promoting the use of clean and renewable energy sources.  

       

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      Substitute

      We believe in the substitution of fossil fuels with clean energy as a means of reducing carbon emissions and promoting sustainable development. 

       

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      Absorb

      We also strive to absorb the carbon emissions that are released into the atmosphere, by investing in projects that have a positive impact on the environment and the communities we work with. 

       

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      Protect

      We understand that the effects of climate change disproportionately affect vulnerable communities, and we are committed to protecting these communities by implementing projects that promote sustainable and equitable development. 
       
       

      We believe that by combining these four core principles, ASAP, we can achieve sustainable and equitable development and make a real impact in the fight against climate change. 

       

      Measures

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      Renewable Energy Infrastructure

       

      Voltares, a cornerstone of Cornelius Patt's 1 million tons initiative, is a group of companies that develops renewable energy projects together with strategic partners with an emphasis on emerging markets in Africa and Asia. Currently, Voltares develops solar, wind, hydropower and hybrid projects in Senegal, Georgia, India and Ukraine.

       

       

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      Investments in Enablers creates

       

      Another paramount objective of the 1 million tons initiative is to bolster innovative Cleantech companies, aiding their rapid growth to achieve positive climate impacts.

       

       

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      Sustainable Behavior Initiatives

       

      The 1 million tons initiative also backs organizations striving to promote sustainable human behaviors to achieve positive climate impacts.

       

       

       

      info@1mt.world

       

      one million tons
       

       

      Address 

      Lichtenfelsgasse 5 / Top 6,
      1010 Vienna, Austria

      info@1mt.world

       

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