Calgary-based HEMPALTA announced a strategic pivot towards nature-based carbon credit solutions earlier this year, marking a significant shift in its corporate direction.
This shift is positioning the publicly traded company to play a key role in addressing climate change by leveraging Alberta’s regenerative agriculture and innovative carbon credit solutions.
HEMPALTA is now seeking strategic partnerships to scale its closed-loop carbon removal program, which operates across 13 Alberta farms, covering over 10,000 acres of regenerative hemp cultivation.
At the heart of HEMPALTA’s mission is its circular, on-farm carbon sequestration model. Industrial hemp is grown, harvested, and converted into biochar — a permanent carbon sink that not only locks in carbon but also enriches the soil, improving farmland for future generations. Through this method, HEMPALTA has already verified more than 44,000 tonnes of carbon removal, a significant achievement in the battle against climate change.
“Our project is one of the largest nature-based carbon programs in Canada, designed to scale to 100,000 tonnes annually,” said HEMPALTA CEO Darren Bondar. The program is third-party verified under ISO 14064-2 and tracked via blockchain, ensuring high transparency and credibility.
HEMPALTA’s carbon credits are structured for use both within Alberta’s TIER program and the global Voluntary Carbon Market, making them ideal for corporate ESG buyers and government compliance. The company is in talks for a $45 million, five-year carbon credit delivery framework, which would further cement its position as a leader in sustainable agriculture and climate infrastructure.
“As Alberta welcomes more industrial and data centre growth, you can’t unlock the next generation of digital infrastructure without climate infrastructure to balance it,” Bondar noted. “Our project is that solution — made in Alberta, built on nature, and future-proofed through technology.”
With the goal to expand the program to 25,000 acres, Bondar and his team are seeking partners in farming, carbon credit purchases, technology innovation, and corporate ESG leadership. The company says it’s eager to collaborate with Indigenous communities, farmers, and tech innovators to continue its progress toward delivering high-integrity carbon credits.
