Karbon-X

Karbon-X Corp., a publicly traded company, operates as a technology-driven carbon marketing firm, focusing on making carbon credits accessible to both businesses and individuals. The company was founded in 2019, according to one source, while another indicates it was incorporated in Nevada in 2017 under the name Cocoluv, Inc. The venture's origin stems from CEO Chad Clovis's firsthand frustration as a small trucking company owner attempting to navigate the complex carbon credit market. This experience prompted him to sell his business and establish Karbon-X to simplify access to carbon offsets for everyone.

The company's primary business involves the sale of verified carbon credits, which it sources from global partners and also generates through its own investments in carbon-reducing projects. Karbon-X serves a diverse client base, from individuals wanting to offset their personal carbon footprint to corporations in sectors like mining, transportation, and oil and gas seeking to meet regulatory or corporate social responsibility goals. Revenue is generated through direct sales of these credits and via a subscription model on its proprietary app, which allows users to support specific environmental projects. As of February 2025, the company reported a trailing twelve-month revenue of $1.66 million.

Karbon-X provides tailored plans and a carbon footprint calculator to help clients assess their emissions and purchase the appropriate amount of offsets. The company's service portfolio is built on funding a variety of high-impact, third-party verified environmental projects, including reforestation, renewable energy initiatives like wind and solar power, and technologies that transform flare gas into power. A key partnership is with the Métis Settlements Development Corporation, which led to the creation of Askiy Karbon Ltd., an initiative that utilizes advanced technology for precise carbon footprint calculations and aligns climate strategies with indigenous values. The company has also made strategic acquisitions, such as purchasing ALLCOT, to enhance its capabilities.

Keywords: carbon credits, carbon offsets, environmental services, emissions reduction, corporate sustainability, voluntary carbon market, carbon footprint calculator, climate action, green technology, reforestation projects, renewable energy projects, ESG, carbon marketing, verified emissions reduction, climate solutions, sustainable business, corporate social responsibility, direct air capture, carbon removal, environmental impact