Contact Information
Name: Allister Furey
Position: CEO and Co-Founder
Company: Sylvera
Professional Background
Education:
- PhD in Machine Learning
- MBA from London Business School
Career Highlights:
- Serial entrepreneur with over a decade of experience in the renewables industry.
- Previously Co-founded KPS, a wind energy company acquired by Kitemill.
- Former Managing Director at Entrepreneur First.
- Built and operated business units in Asia, Continental Europe, and the UK.
Key Roles:
- CEO and Co-Founder at Sylvera (2020-Present): Alongside Samuel Gill, Furey founded Sylvera to bring transparency and accountability to the carbon credit market. Sylvera focuses on providing independent, trustworthy ratings for carbon projects by leveraging machine learning and other advanced technologies.
Company Overview: Sylvera
Foundation Year: 2020
Headquarters: London, UK (Office opened in New York in Summer 2023)
Mission
Sylvera aims to revolutionize the carbon credits market by ensuring accuracy and transparency in carbon offset claims. The company strives to support effective climate action and mitigate the risks of greenwashing.
Key Achievements
- Growth and Investment:
- Raised $32M in Series A funding in January 2022.
- Announced a Series B round and expansion in the US in July 2023.
- Customer Base:
- Initially targeted global management consultancies, banks, big energy companies, and governments.
- Positioned as the go-to specialist for Fortune 500 companies in carbon offset assessment.
- Market Impact:
- Facilitated a customer’s $100M carbon credit purchase in December 2023.
- Expected to help $1B flow into effective climate solutions in the current year, with a projection to grow this to $10B within four years.
Key Developments:
- Established a methodology based on the Kyoto Protocol to validate carbon capture claims.
- Recognized for independent and accurate ratings that ensure the market’s credibility and growth potential.
Recent Business Focus
Strategic Initiatives
- Podcast and Publications:
- Featured in podcasts such as Climate Insiders discussing barriers in the carbon market.
- Published insights on industry trends and company updates across platforms like LinkedIn and ESG Investor.
- Technological Advancements:
- Emphasizing accurate measurement frameworks for carbon stored in forests and soil.
- Investment in cutting-edge projects to refine carbon estimation techniques.
Market Position
- Recognized for transformative contributions to carbon markets.
- Identified a significant market opportunity with projected growth of the voluntary carbon-offsets market to $100B by 2030 and $250B by 2050.
Leadership Philosophy:
- Furey places strong emphasis on the credibility and impact of Sylvera’s work.
- Advocated for transparency and accuracy in the carbon offset market, even amidst criticism and challenging market conditions.
- Actively engages in thought leadership, focusing on actionable contributions to mitigate climate change.
Conclusion
Allister Furey exemplifies leadership that blends technological expertise with a strong commitment to environmental sustainability. Under his direction, Sylvera has emerged as a crucial player in the carbon credit ecosystem, delivering reliable and independent validations that foster trust and drive impactful investments in climate solutions.
