Cold Call Calyx Global: Improving the Quality of Carbon Credits
22 snips
Apr 1, 2025 Mike Toffel, an HBS Professor focusing on climate change, joins Duncan van Bergen, Co-founder of Calyx Global, to delve into the challenging landscape of carbon credits. They explore how organizations navigate ethical dilemmas while striving for credibility in the voluntary carbon market. The duo discusses the criteria for high-quality carbon credits, the importance of maintaining integrity, and how emerging technologies like AI and blockchain are transforming evaluation processes. Tune in for insights on balancing business growth with sustainability!
AI Snips
Chapters
Transcript
Episode notes
Calyx Global's Mission
- Calyx Global helps companies navigate the complex carbon credit market.
- Their goal is to ensure the credits deliver real impact and avoid greenwashing accusations.
Carbon Credit Landscape
- Carbon credits enable organizations to offset emissions by funding others' reductions.
- There are mandatory markets (regulated) and voluntary markets (for organizations with self-imposed goals).
Calyx Rating System
- Calyx assesses carbon credit quality based on greenhouse gas integrity, SDG impact, and environmental/social risks.
- Their rating process involves a three-step evaluation: carbon crediting program, methodology review, and individual project review.