KPMG Partner Joins CO2 Sciences Board

Timothy Stiles, Global Chair of KPMG’s International Development Assistance Practice, joins effort to accelerate the CO2 conversion industry.

SAN FRANCISCO, CA — This week, CO2 Sciences announced the addition of Timothy Stiles, Global Chair of KPMG’s International Development Assistance Practice, to its Board of Directors.

“We welcome Mr. Stiles to our board,” said Dr. Issam Dairanieh, CEO of CO2 Sciences. “His thirty years of experience working with development and tax exempt organizations will help advise CO2 Sciences as we work to catalyze CO2 conversion technologies worldwide.”

As a member of the Board of Directors, Mr. Stiles will help CO2 Sciences build an ecosystem of non-profit, government, corporate and academic institutions that promotes and accelerates CO2 conversion technologies around the world.

“Mr. Stiles understands how for-profit and not-for-profit organizations can work together to accelerate change,” said Bernard David, Chairman of CO2 Sciences. “His experience leading KPMG’s Development and Exempt Organizations practice — a program that has participated in more than 4,000 grants and projects valued at more than 6 trillion dollars — will be invaluable to CO2 Sciences.”

“I’m excited to support CO2 Sciences’ important mission to develop and commercialize CO2 conversion,” said Mr. Stiles. “Carbon reuse is an important part of humanity’s multi-pronged effort to reduce the climate impact of excessive atmospheric CO2, and represents a significant business opportunity.”

About The Global CO2 Initiative:

The Global CO2 Initiative (GCI) was created to develop and commercialize the trillion dollar CO2 products industry. These products use recycled CO2 as a key ingredient; examples include cement, aggregates, chemicals, polymers and carbon fiber. The Initiative coordinates with international partners focused on a common mission to deploy and scale CO2 products across multiple sectors.

CO2 Sciences, the non-profit arm of the GCI, will award R&D funding to qualified research applicants creating innovative technologies. The GCI commercialization arm will work in parallel to accelerate the market for CO2 products by investing in commercial-stage companies. For more information, visit www.globalco2initiative.org and follow the Global CO2 Initiative on Twitter: @reuseCO2