Santiago Climate Exchange

What Santiago Climate Exchange does

SCX (Santiago Climate Exchange) is a Chilean sustainability services company headquartered in Santiago that operates as both a carbon market platform and a third-party certification body. Its core functions are issuing I-REC renewable energy certificates (in its capacity as the Local Issuer for Chile of the I-REC International Standard), verifying and certifying carbon neutrality for organizations, products, and events under GHG Protocol methodology, and facilitating the listing and trading of greenhouse gas emission reduction projects against international registries including CDM, Verra, and Gold Standard. Supporting services include 100% renewable consumption certification and the annual Radiografía de Vulnerabilidad Corporativa al Cambio Climático research study covering Chile's 100 largest companies.

The company's revenue mechanics are project-based professional services and certification fees, supplemented by licensing-style revenue from I-REC issuance and transaction-fee revenue from carbon credit commercialization. Pricing is not publicly disclosed and is structured per engagement based on scope and complexity. SCX runs an enterprise field-sales go-to-market targeting large Chilean corporations, and has expanded its reach across Latin America via participation in events such as COP27 and Latin America Climate Week. Its customer base spans retail (Sodimac), financial services (BCI, Banco Falabella), energy (COPEC), wine (Viña Concha y Toro, Viña San Pedro), infrastructure (ISA INTERVIAL), mining services (MINTRAL/ELB), aviation (Ecocopter), automotive (COPEC Rally Chile), forestry (ARAUCO), and education (UTEM), reflecting horizontal segmentation across carbon-intensive industries.

Underlying technology consists of registry-style tracking against I-REC International, CDM, Verra, and Gold Standard methodologies rather than a proprietary software platform. SCX has accumulated 200+ registered renewable energy plants (up from 9 in 2019) and 32+ documented certified initiatives, and remains an independent private company with no disclosed funding rounds, ownership structure, or executive team in the public record.

Name

Santiago Climate Exchange

Legal name

SCX

Website

https://scx.cl

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Sustainability Certification Services

NAICS

Environmental Consulting Services (541620)

akta.pro primary industry

Environmental, Climate & Sustainability Standards & Reporting Cooperation (BPADANAI)

akta.pro secondary industries

Renewable Portfolio Standards (RPS) & Clean Energy Standards Compliance (EUAMANAF), Testing, Inspection, Certification & Commissioning (TICx) Technical Services (BPAHAIAL)

Keywords

• Carbon credit certification
• Renewable energy certificates
• Carbon neutrality services
• GHG emissions verification
• Sustainability consulting

Headquarters

HQ city

Las Condes

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Carbon Credit Certification: SCX certifies carbon neutrality for organizations, products, events, and services, verifying GHG emissions inventories against international standards and issuing carbon neutral certifications.
2. I-REC Registration and Certification: As the Local Issuer for Chile of I-REC International Standard, SCX registers renewable energy plants and issues I-REC certificates for renewable energy attributes.
3. Listing and Trading Facilitation: Supporting the design, development, and commercialization of GHG emission reduction projects, facilitating carbon credit transactions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Santiago Climate Exchange (SCX) is a Chilean sustainability partner that operates as the Local Issuer for Chile of the I-REC International Standard for renewable energy certificate issuance. The company provides CO2 Neutral certification for organizations, products, and events using GHG Protocol methodology, and operates Listing and Trading services that support the design, development, and commercialization of greenhouse gas emission reduction projects. SCX delivers end-to-end climate solutions from carbon footprint measurement and strategy development to certification and carbon credit commercialization.

Product overview

Santiago Climate Exchange (SCX) operates as a climate solutions provider offering a portfolio of interconnected services centered on carbon neutrality certification, renewable energy certificate management, and carbon credit trading. The core offerings include I-REC Internacional (acting as Chile's Local Issuer for international renewable energy certificates), Certificación CO2 Neutral (verifying and certifying carbon neutral status for organizations, products, and events), and Listing y Trading (facilitating the development and commercialization of GHG reduction projects). Supporting services include the annual Radiografía de Vulnerabilidad Corporativa al Cambio Climático research study and Consumo 100% Renovable certification. SCX serves as a sustainability partner helping companies develop climate strategies, measure carbon footprints, and access carbon markets.

Differentiator

Problem solved

Functional benefit

Products and services

• I-REC Internacional

Quantifiable outcome

• SCX supports organizations in achieving verified carbon neutrality certifications with third-party verified emission reductions under international standards
• +2 more outcomes

Named customers12 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• I-REC InternationalcoreStrategic or Co-development PartnerSCX serves as the Local Issuer for Chile of the I-REC International Standard, the global standard for tracking and certifying renewable energy attributes. This partnership enables SCX to register renewable energy generation facilities and issue I-REC certificates for energy attribute tracking in Chile.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• South Pole Group: South Pole is one of the world's largest carbon project developers and climate consultancy firms, developing, certifying, and trading carbon credits globally — including across Latin America. It overlaps directly with SCX's listing, trading, and CO2 Neutral certification services for enterprises.
• ClimatePartner: ClimatePartner is a global carbon offset and climate action consultancy that certifies companies, products, and events as climate neutral and provides carbon credit trading services. Its offering is highly analogous to SCX's CO2 Neutral certification and Listing y Trading services, just at a global rather than Chilean scale.
• ClimeCo: ClimeCo develops, registers, and trades environmental credits (carbon offsets, renewable energy credits) and provides climate advisory to corporates. It competes with SCX in the carbon credit development and trading layer of the value chain and works with analogous international registries (VCS, Gold Standard).
• Carbone 4: Carbone 4 is a climate consulting and carbon strategy firm specializing in carbon footprint measurement, net-zero strategy, and carbon neutrality advisory. It mirrors SCX's strategy development and CO2 Neutral certification work, particularly for European corporates with LatAm operations.
• EcoAct: EcoAct (now part of the ENGIE group) provides carbon footprint measurement, carbon neutrality certification, carbon credit advisory, and climate strategy services to global enterprises. It is a direct peer in the carbon-neutral certification and trading space that SCX targets with Chilean corporates.
• Carbon Trust: Carbon Trust is an international climate consultancy that certifies organizations and products to carbon neutrality standards and helps corporates develop decarbonization strategies. Its certification and advisory services are directly analogous to SCX's CO2 Neutral and climate strategy offerings.
• Gold Standard Foundation: Gold Standard certifies carbon credits and issues verified emission reduction (VER) certificates for projects that advance both climate and sustainable development goals. Like SCX, it is a third-party-verified climate certification body operating internationally, with overlapping methodologies (CDM linkage, scope coverage).
• Verra: Verra operates the Verified Carbon Standard (VCS), the world's largest voluntary carbon credit program, and runs the global registry for GHG emission reduction projects. SCX leverages Verra's VCS registry as a verification backbone for Chilean projects, making Verra the closest direct peer in carbon-standard issuance and project registration.

Broad incumbents

• Bureau Veritas: Bureau Veritas is a global TIC (testing, inspection, certification) major that issues verified carbon-neutral and sustainability certifications across multiple standards. As a much larger, multi-standard incumbent with LatAm operations, it represents the strategic threat of a global TIC entering SCX's Chilean niche.
• I-REC International: I-REC International is the parent standard body that grants SCX its Local Issuer rights in Chile and operates the global I-REC registry for renewable energy attribute tracking. It is not a competitor in Chile but is the platform incumbent whose continued endorsement underwrites SCX's primary business line.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/scx-santiago-climate-exchange

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Santiago Climate Exchange