{"id":14782,"date":"2023-12-19T15:00:00","date_gmt":"2023-12-19T15:00:00","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14782"},"modified":"2023-12-19T15:00:00","modified_gmt":"2023-12-19T15:00:00","slug":"calyx-global-is-the-first-carbon-credit-ratings-platform-to-offer-users-environmental-and-social-risk-screening","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/calyx-global-is-the-first-carbon-credit-ratings-platform-to-offer-users-environmental-and-social-risk-screening\/","title":{"rendered":"Calyx Global Is the First Carbon Credit Ratings Platform to Offer Users Environmental and Social Risk Screening"},"content":{"rendered":"<p>LEADVILLE, Colo.&#8211;(BUSINESS WIRE)&#8211;Calyx Global is the first carbon credit ratings platform to help carbon credit buyers understand the environmental and social risks behind their carbon credits. Environmental and social safeguards aim to curb negative outcomes of carbon projects and are designed to avoid the exploitation of local peoples, human rights violations, damage to local ecosystems, among other things.<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20231218338073\/en\/1974345\/4\/Calyx_Global_logo_full_color.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231218338073\/en\/1974345\/21\/Calyx_Global_logo_full_color.jpg\"><\/a><br \/><a href=\"https:\/\/mms.businesswire.com\/media\/20231218338073\/en\/1974345\/4\/Calyx_Global_logo_full_color.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20231218338073\/en\/1974345\/22\/Calyx_Global_logo_full_color.jpg\"><\/a><\/p>\n<p>\nA lack of safeguards introduces risk to the people and places in which projects operate, as well as to the buyers of those carbon credits. Just as Calyx Global helps carbon credit buyers understand the greenhouse gas risks of individual carbon projects, it will now do the same for environmental and social risks. By bringing clarity to this critical component of quality, Calyx Global hopes to help the carbon market continue its move towards high-integrity carbon credits.<\/p>\n<p>\n\u201cWe are excited to share a new way to help carbon credit buyers better understand the quality of carbon projects,\u201d said Donna Lee, Co-founder of Calyx Global. \u201cCarbon projects can do great things for the climate while inadvertently doing harm to the people and places where they are operating. Companies want to know if the carbon credits they\u2019re investing in are implementing precautions to prevent that harm.\u201d<\/p>\n<p>\nTo ensure Calyx Global\u2019s approach followed established best practice, their Environmental and Social Safeguards team collaborated with Climate Law &#038; Policy. Daniela Rey, CLP Founder and Managing Director, said, \u201cHigh-integrity climate mitigation projects are an important tool to tackle the climate crisis. To achieve high integrity, they must deliver sustained positive outcomes for affected stakeholders and the local environment. We are proud to work with Calyx Global to develop environmental and social governance assessments to ensure that this element of integrity has a solid framework for assessment.\u201d<\/p>\n<p>\nCalyx Global will include an initial environmental and social risk screening for all project types rated on its platform, and offer additional analysis to customers at a premium. To learn more about environmental and social risks and safeguards, register for the upcoming webinar \u201c<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=https%3A%2F%2Finfo.calyxglobal.com%2Fwebinar_esr&#038;esheet=53872864&#038;newsitemid=20231218338073&#038;lan=en-US&#038;anchor=The+3rd+pillar+of+carbon+credit+quality%3A+safeguards&#038;index=1&#038;md5=5d63cfbc2c6f925b947753fc1f41e049\" rel=\"nofollow noopener\" shape=\"rect\">The 3rd pillar of carbon credit quality: safeguards<\/a>.\u201d<\/p>\n<p>\n<b>About the company<\/b><\/p>\n<p>\nCalyx Global is a carbon credit ratings agency that helps organizations find carbon credits with confidence. Rigorous ratings and analysis ensure that carbon buyers can do good for people and the planet. From nature-based solutions to emerging technologies, Calyx Global leads the market with over 450 rated projects (and counting). To learn more visit <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&#038;url=http%3A%2F%2Fwww.calyxglobal.com&#038;esheet=53872864&#038;newsitemid=20231218338073&#038;lan=en-US&#038;anchor=www.calyxglobal.com&#038;index=2&#038;md5=51333bc7cbcd796201d225dd665e836a\" rel=\"nofollow noopener\" shape=\"rect\">www.calyxglobal.com<\/a>.<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nCheryl Sansonetti, <a target=\"_blank\" href=\"mailto:cheryl.sansonetti@calyxglobal.com\" rel=\"nofollow noopener\" shape=\"rect\">cheryl.sansonetti@calyxglobal.com<\/a><\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-14782\" data-postid=\"14782\" class=\"themify_builder_content themify_builder_content-14782 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>LEADVILLE, Colo.&#8211;(BUSINESS WIRE)&#8211;Calyx Global is the first carbon credit ratings platform to help carbon credit buyers understand the environmental and social risks behind their carbon credits. Environmental and social safeguards aim to curb negative outcomes of carbon projects and are designed to avoid the exploitation of local peoples, human rights violations, damage to local ecosystems, [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":14783,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[72],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Calyx Global Is the First Carbon Credit Ratings Platform to Offer Users Environmental and Social Risk Screening - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/calyx-global-is-the-first-carbon-credit-ratings-platform-to-offer-users-environmental-and-social-risk-screening\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Calyx Global Is the First Carbon Credit Ratings Platform to Offer Users Environmental and Social Risk Screening - ESG Today\" \/>\n<meta property=\"og:description\" content=\"LEADVILLE, Colo.&#8211;(BUSINESS WIRE)&#8211;Calyx Global is the first carbon credit ratings platform to help carbon credit buyers understand the environmental and social risks behind their carbon credits. 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