In a pivotal shift within the business world, a growing cohort of CEOs is pioneering the transformation of industries by marrying environmental responsibility with strong financial performance. These “Climate Capitalists” are proving that green initiatives are not only ethically essential but also economically lucrative—demolishing outdated notions that profitability and sustainability are mutually exclusive.
1. From Mine to Market: Andrew Forrest’s Green Mining Revolution
Australian mining baron Andrew Forrest, founder of Fortescue Metals Group, has upended traditional extractive business models by committing a staggering US $6 billion to decarbonise operations by 2030—without relying on offsets. Key investments include electric mining trucks and large-scale green hydrogen plants in Australia, the US, Norway, and Brazil. Forrest has set tangible deadlines: “If they haven’t figured out how to ditch fossil fuels on‑site by 2030, I will shut down their plants”—a bold move signaling his pledge to net-zero is non-negotiable.
By pioneering “green iron ore” and “green steel,” Fortescue is positioning itself for early-mover advantage as global supply chains shift toward low-carbon materials. Forrest’s message resonates: sustainability is not a cost—it’s an asset.
2. Tech Roots, Earth Shoots: Yishan Wong’s Reforestation Mission
Former Reddit CEO Yishan Wong swapped Silicon Valley swagger for environmental engineering with Terraformation, his reforestation startup aiming to plant a trillion trees. Wong champions simplicity: “To solve a big problem, you want as little tech as possible.” His firm offers a full-service “seed-to-carbon accelerator”—providing business and technical support to forestry projects, focusing on native biodiversity and long-term carbon sequestration.
Terraformation’s recent project in the Congo Basin targets over 11,000 hectares of rainforest restoration, sequestering millions of tonnes of CO₂—and demonstrating reforestation’s scalability and market viability.
3. Rocketing Beyond Earth: Baiju Bhatt and Space-Based Solar
Robinhood co-founder Baiju Bhatt is taking the fight against climate change off-planet with Aetherflux, a space-based solar startup that beams energy from satellites to Earth via infrared lasers. With $50 million in Series A funding co-led by Interlagos (ex‑SpaceX execs), Breakthrough Energy Ventures, and others, Aetherflux has also secured funding from the U.S. Department of Defense.
While this frontier technology is capital- and tech-intensive—requiring large satellite constellations and ground receivers—it promises a revolution in renewable power delivery, particularly to remote regions or critical infrastructure.
4. Carbon Accounting: Climatiq’s Scope 3 Solution
For many companies, Scope 3 emissions—those embedded in supply chains—comprise up to 90% of their carbon footprint. Berlin-based Climatiq, led by CEO Hessam Lavi, delivers an AI-powered platform that standardises and automates Scope 3 tracking for clients like Celonis and Siemens.
Despite a 50% slump in climate tech VC funding, Climatiq closed an $11.6 million Series A—raising from about 70 VCs—to expand its engineering team and enhance AI analytics. The startup monetises via API per‑request charges, anchoring a sustainable revenue model in the ESG compliance arena.
5. Geothermal Growth: Fervo and Sage Leading Energy Storage
In the clean-energy boom, Fervo Energy, a Houston-based geothermal innovator, is preparing for an IPO (valued around $2–4 billion in 2026–27) by adapting oil‑industry techniques to tap geothermal power. Their bold strategy persists despite shifting US policy dynamics, reflecting investor confidence in long-term viability.
Meanwhile, Cindy Taff, CEO of Sage Geosystems, raised $17 million for her “earthen battery” geothermal storage system—expected to support 150 MW for Meta’s data centers by 2027. Her approach combines pumped-storage hydropower and geopressured systems, positioning baseload renewables alongside intermittent solar and wind.
These leaders showcase geothermal energy’s promise for stable, scalable, and abundant clean power.
6. Bigger Fish, Bigger Impact: Institutional Climate Capital
Institutional investors are pouring billions into climate mandates. The Future of Climate Tech report identifies $7.6 billion in VC investment for clean energy and power in 2024—up 15% year-over-year—despite policy headwinds.
Furthermore, Breakthrough Energy, backed by Bill Gates, Jeff Besos, Michael Bloomberg, and others, is deploying long-term capital into high-risk, high-impact clean tech—prioritising 20-year return horisons over short-term gains.
Direct air capture (e.g., Deep Sky, a Canadian DAC firm) and enhanced rock weathering startups like Mati Carbon (XPrise $50 million winner) reflect this investment shift, turning carbon removal potential into revenue‑generating services.
7. Executive Payoff: Sustainable Investments Turning Real Profit
A global CEO survey by PwC affirms that climate and sustainability investments pay dividends: one in three CEOs report revenue increases tied to green investments, with two-thirds citing either cost reductions or neutral operational impact.
These findings align with the actions of the CEOs featured here: strategic decarbonisation initiatives—from electric fleets to tree planting to space solar—are not altruistic causes but embedded profit drivers.
The Bigger Picture
We are entering a decade where business leadership and climate leadership are inseparable. Climate Capitalists are:
- Aligning strategy with planetary boundaries, using carbon data and green innovation as competitive edges.
- Securing long-term capital, bridging Silicon Valley investment with institutional patience.
- Validating scalable climate solutions, from deep tech to natural systems, turning ecological necessity into financial opportunity.
The challenge now is texture and scale: we have years—not decades—remaining on our 1.5 °C carbon budget, making the pace of innovation—and execution—urgent. These CEOs exemplify what a climate-aligned leadership blueprint looks like: ambitious targets, mandatory timelines, and financial discipline.
As capital accelerates into effective climate action, accelerated by mandates, incentives, and institutional-grade funding, the next frontier is governance: will boardrooms worldwide commit to science-aligned decarbonisation, underpinned by measurable profit?
Final Take
The “Climate Capitalists” profiled here aren’t merely green CEOs—they’re pioneers reshaping entire sectors. With billions in investment, bold strategic commitments, and native integration of sustainability into their profit models, they prove beyond doubt that saving the planet can—and must—be profitable. For businesses in 2025 and beyond, the lesson is clear: climate leadership isn’t optional—it’s the linchpin of future success.