Powering the E in ESG and the Dawn of the Greenwashing Era | Brennan Spellacy - CEO, Patch

Past Performers - by InvestOrama

A deep dive into Decarbonization and the ESG Reckoning - with Brennan Spellacy, CEO & Co-Founder of Patch - a platform that powers climate action

🎧 https://pod.link/the-fintech-files/

🎥 https://youtu.be/FW84_z5n4Bk

🏦THE COMPANY

Patch is an API and a marketplace that enables companies to seamlessly purchase as little as a gram to giga-tonnes of carbon removal from reputable and trusted carbon removal projects.

💰 Funding: Series A US$ 20.8M

HIGHLIGHTS

▶ We discuss the SEC’s recent moves against Greenwashing in ESG investing

▶How an efficient marketplace can help Decarbonization

▶How Patch clients manage their carbon offset, with the example of EQT

▶How Crypto can become cleaner

TO GO FURTHER

Visit https://www.patch.io/

Brennan on Linkedin https://www.linkedin.com/in/bspellacy/

TIMESTAMPS

00:00 Intro

00:36 Brennan before Patch

02:40 What does Patch do?

03:25 How it works for a client - example of EQT

05:16 Carbon removal commitment vs Carbon neutrality

07:26 How Patch clients can take an active role in selecting their carbon offsetting projects

09:14 How an efficient marketplace increases carbon offsetting activities

10:58 The supply side of the Patch marketplace

13:04 The trust component of the marketplace

14:21 The environmental impact

16:04 Does carbon offsetting reduce the incentive to reduce carbon emissions?

18:39 The E in ESG

19:48 The SEC vs Greenwashing

21:44 The crypto question

24:44 Bullish on blockchain but critical of the crypto industry

26:47 George's take on crypto

28:36 What's next for Patch

ABOUT THIS PODCAST

Welcome to the podcast that unveils the future of investing, hosted by George Aliferis.

In each episode, we explore asset classes, trends and technologies, with founders, investors and experts involved in shaping that future.

George is a reformed banker and marketer now using his skills to explore new investment opportunities and expose the hype. George is a Chartered Alternative Investment Association (CAIA) charter holder.