Carbon removal

Charm Industrial

68Credible Contributor

San Francisco, CA, USAFounded 20180 followers

charmindustrial.com

US company converting agricultural biomass into carbon-rich bio-oil via fast pyrolysis, then permanently sequestering it by injecting it into deep geological formations.

Green Score

68/100
Credible Contributor
Greenwashing risk
low
Data confidence
medium
Method
how it is calculated
Climate Impact & Solution35%82

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

Core business is durable, additional, and independently verified atmospheric carbon removal via fast pyrolysis and geological injection — a genuinely high-permanence pathway — but total verified removal volumes (roughly 7,200+ tCO₂e as of mid-2024) remain a rounding error relative to claimed future scale, and critics note the process avoids rather than reverses atmospheric CO₂ in some readings.

Decarbonization & Targets20%32

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

No SBTi-validated targets, no CDP disclosure, and no public net-zero roadmap for Charm's own operational emissions were found; the company's ambition is framed entirely around carbon removal delivery volumes for customers rather than science-based reductions of its own Scope 1–3 footprint, which is a significant gap for an investor-grade rating.

ESG & Operations15%55

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

Charm is an early-stage private startup with no publicly available ESG report, labour/social disclosures, or governance documentation; the use of agricultural residues (co-benefits for soil via biochar) and distributed mobile equipment are operationally low-footprint, but the absence of any structured ESG reporting limits scoring.

Transparency & Verification15%78

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Charm is a sector leader on MRV transparency: its public real-time Ledger system discloses per-tonne lifecycle analyses, it partners with Isometric (paid by buyers, not Charm) for independent verification, and it has achieved dual CCP label recognition across bio-oil and biochar — meaningfully above industry norm, though SBTi, CDP and audited financial disclosures are absent.

Integrity15%85

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No litigation, pollution incidents, fossil-fuel lobbying, governance scandals, or greenwashing complaints specific to Charm Industrial were found in any public source; the main open scientific debate (whether BiCRS counts as removal vs. avoided emissions) is a methodological question, not a deceptive practice.

Why it's on ClimateTicker

Charm Industrial is a genuine carbon dioxide removal company converting agricultural biomass residues into carbon-rich bio-oil via fast pyrolysis, then permanently sequestering it underground in legacy oil and gas wells — a scientifically credible but still early-stage BiCRS pathway. The core business directly removes atmospheric carbon, with verified deliveries and a public real-time MRV ledger, making it one of the more transparent actors in the voluntary carbon market. Key residual risks are technological (groundwater contamination, long-term geological permanence) and market (still pre-profit, reliant on high-ticket voluntary buyers), not greenwashing.

mitigationCharm sells verified carbon removal credits to corporates (Stripe, Google, JPMorgan Chase, Shopify, Capgemini) at prices roughly $300–800/tonne, with multi-year offtake contracts; a secondary revenue stream may come from bio-oil use in industrial applications such as green steel.

Commitments & Certifications

Controversy & Greenwashing Watch

lowLimited Injection Well Permitting Availability

Regulatory permits for adequate Class II injection wells are limited in the US, posing a potential bottleneck to scale that has not yet been publicly resolved.research.contrary.com

lowBiCRS Additionality Debate

Some researchers argue Charm's approach prevents future emissions from decomposing biomass rather than reversing historical atmospheric CO₂, calling into question its classification as true 'carbon removal' versus 'avoided emissions'.canarymedia.com

lowGroundwater & Long-Term Geological Permanence Risk

Researchers and petroleum engineering experts note that bio-oil has a different chemical composition from petroleum, requiring years of oversight to determine whether underground injection is fully safe and permanent.research.contrary.com

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