Green Collar’s James Schultz is clear that “the best way to solve the most complex issues like the environment is to put them on a balance sheet”.
If you want to change behaviour then you put a price on it.
A decade ago he set up Green Collar with Lewis Tyndall, backed by two former Macquarie bankers and present day venture capitalists Murray Bleach and Peter Salisbury, and last year the firm’s success was underlined when KKR spent more than $100m to buy a 40 stake in the firm.
This investment did two things — it allowed the founders to take some money off the table and gave the business more funds to invest in growing the business.
CMI member Green Collar in essence is Australia’s biggest carbon project developer, helping farmers and others earn money by sustainable farming which in the process is better for the environment.