Radicle Acquires Carbon Farmers of Australia

Publication Date

Overview

The acquisition provides Radicle a permanent and reputable footprint in Australia which will allow Radicle to better serve our current and future clients in the Australasia region.

Calgary, Canada Radicle Group Inc. (Radicle) announced today the acquisition of Carbon Farmers of Australia Pty Ltd. (“CFA”), a pioneer in the Australian farm-based carbon offset industry. The acquisition provides Radicle a permanent and reputable footprint in Australia which will allow Radicle to better serve their current and future clients in the Australasia region.

“There’s a natural fit between CFA and Radicle’s goal to help our clients accelerate emissions reductions and emission removals by balancing people, the planet, and prosperity,” says Ed Alfke, Radicle’s CEO.

“We’re thrilled to join and grow with the Radicle team,” says Louisa Kiely, CFA’s Founder. “They [Radicle] got their start in agricultural carbon credits in 2008 have generated millions of credits for over 3,200 farmers in Canada. Together we will build on CFA’s 20 years of Carbon Farming experience in Australia by leveraging Radicle’s experience and software to better serve our current Nature-based clients, but we will also expand our positive impact through Radicle’s ecosystem by providing businesses across Australia access to a bigger technical team and a more robust suite of options to measure, reduce, and drive down emissions in their operations, products, and supply chains.”

CFA will continue to operate as a separate entity for the foreseeable future, providing Farmers and others with robust ways to enter Australia’s carbon markets, with Radicle providing additional services to CFA’s existing clients in Australia and beyond.

“This partnership represents an important strategic opportunity to expand our geographic presence and better serve Radicle’s and CFA’s existing customer base,” says Saj Shapiro, Radicle’s President. “Radicle is excited to leverage our experience and software currently deployed in Canada, US and Brazil to accelerate the work that CFA is doing in the agricultural sector in Australia and expand its service offerings to other sectors of the economy.”

About CFA

CFA is a pioneer in the Australian farm-based carbon offset industry, from helping establish the first Soil Carbon Methodology, to publishing the first Carbon Farming Handbook and running the largest Carbon Farming Conference & Expo in Australia. CFA has helped farmers generate credits from over 500,000 hectares of farmland and has helped numerous clients participate in the Australian carbon markets.

About Radicle

Radicle helps guide today’s progressive companies towards tomorrow’s sustainable future. From our early beginnings in Calgary, Canada, when we developed one of the world’s first software platforms to measure, qualify, and aggregate greenhouse gas emissions, we’ve now taken root internationally to leverage data, insights, and technology to safeguard our shared tomorrow. Radicle works with agriculture, energy, forestry, manufacturing, commercial, and financial services to enable planet-positive solutions by increasing efficiency while lowering costs and emissions. We believe that financial and environmental sustainability are two sides of the same coin: balance between the two is possible. Visit radiclebalance.com to learn more. Visit radiclebalance.com to learn more.

Help the planet. Become sustainable.