Green Shoots & Big Shifts

In this episode of Green Shoots & Big Shifts, host Reetu Gupta speaks with Caroline Missen, the Chief Growth and Sustainability Officer at Cultivo. Caroline shares her journey from growing up on a farm in Australia to becoming a leader in sustainable land regeneration. Cultivo focuses on unlocking capital for nature-based solutions by building partnerships with landowners, investors, and corporations to meet their sustainability goals. Caroline highlights the importance of balancing various outcomes such as biodiversity, water retention, and social impact while implementing data-driven solutions to enhance land management practices. 

The conversation dives deep into the practicalities of land regeneration, especially in grasslands, which often receive less attention than forest ecosystems. Caroline elaborates on innovative techniques like virtual fencing and sustainable grazing practices that support both ecological health and the livelihoods of local farmers. The episode also touches on the financial sustainability of nature-based interventions, the importance of purpose-driven work within organizations, and the inspiring role of youth and not-for-profit organizations in driving change. Caroline's relentless optimism serves as a beacon of hope amidst the challenges of sustainability, reminding listeners of the collective responsibility we all share in preserving our planet.

  • (00:00) - - Introduction to Green Shoots & Big Shifts
  • (01:05) - - Guest Introduction: Caroline Missen
  • (02:15) - - Overview of Cultivo's Mission
  • (04:00) - - Balancing Biodiversity and Sustainability Goals
  • (06:10) - - The Importance of Ground Truth Data
  • (07:50) - - Understanding Land Regeneration Projects
  • (09:30) - - Focus on Grasslands and Rangelands
  • (11:00) - - Sustainable Grazing Practices
  • (13:15) - - Financial Viability of Nature-Based Solutions
  • (15:50) - - Cultivo's Projects in North America and Beyond
  • (18:30) - - Learning from Global Projects
  • (20:00) - - The Role of Technology in Land Management
  • (22:10) - - Common Themes Across Different Work Environments
  • (25:00) - - The Importance of Legal Structure in Purpose-Driven Work
  • (27:45) - - The Role of People in Organizations
  • (30:00) - - Speed and Adaptability in Startups
  • (32:20) - - Sustainability Teams in Corporations
  • (34:50) - - The Need for Sustainable Products
  • (37:15) - - Optimism in Sustainability Efforts
  • (39:00) - - Inspirational Figures in Climate Action
  • (41:30) - - The Importance of Volunteering
  • (43:00) - - Final Thoughts and Words of Wisdom
  • (44:30) - - Closing Remarks and Thank You

What is Green Shoots & Big Shifts?

Green Shoots & Big Shifts is hosted by Reetu Gupta, who started the show to have open, hopeful conversations about what it really takes to make sustainability part of how we live, lead, and work.

Each week, she talks with people doing innovative, meaningful work, turning ideas into action. From startup founders and corporate change-makers to community leaders - reimagining how business, society, and the planet can thrive together.
These are stories about innovation, collaboration, possibility, and the everyday shifts that move us toward a more abundant and resilient future.

you're listening to Green Shoots and Big Chefs

the show that spotlights the people and ideas

transforming our world for the better

I'm your host Reetu Gupta

in every episode

I'll be talking with innovators and trailblazers

who are reimagining our relationship with our planet

earth whether it's a small spark of innovation

or a sweeping shift in how we live and work

we'll explore the stories that give us hope

and the actions making a difference

together we are planting seeds of change

and driving big shifts for a healthier

hello this is Reetu Gupta

your podcast host for green shoots and big shifts

it's my great pleasure to invite our guest

Caroline missing today to the podcast

so welcome Caroline

just to start us off could you give an

our audience an overview of your work

and your journey to your current role

for context thank you

Ritu and it's really great to be here today

to have the chance to speak with you

so my current role

I'm the Chief

Growth and Sustainability Officer at Cultivo

and Cultivo is a US headquartered company

we were founded in 19

and we have a focus on land regeneration

and how we can unlock capital for nature

so we're

essentially building partnerships with land owners

land stewards investors

and corporations

who are looking to address their sustainability goals

yeah that's so interesting

your focus on land

and from what I understand on like biodiversity

water social impact

is quite unique how do you approach balancing

like these different outcomes from

from your projects

how does your work prior to Cultivo help you do that

sure I mean

I think probably a good place to start is that

the way Cultivo looks at land generation

is always from the perspective of

what's best for nature

and specifically

the ecosystem with which we're working in

we're also a data driven company

so we make use of remote sensing technology

but we always balance this with ground truth data

what's actually happening on the ground

so measuring soil health

and understanding current land management practices

so if we are doing regeneration well

it should lead to multiple positive outcomes

so that would be enhancing biodiversity

increasing water retention

sequestering carbon and most importantly as well

making sure that it's supporting the livelihoods

of those people who are working

the land so

so staying true to that what's best for nature

is one way to ensure that you're not over

indexing on one outcome

and it's not just about what you can do to maximize

carbon or it might also be

what is about maximizing short term returns

which might not also be the most sustainable approach

and in terms of how

my experience prior to Coltivo has informed that

I think well firstly

I grew up on a farm in Australia

so it feels like it's almost coming full circle now

sort of after 25 years of business experience now

working in a organisation that is really

directly working on land regeneration

and then that those intervening years

I spent quite a lot of time working in

the energy sector with shell

I Learned a lot of commercial skills

I Learned general management skills

I I had the opportunity to work in different countries

and to live in different communities

which has also informed the way I um

I'm able to now address issues that are presented in

in a in a startup environment

but I think you know

most importantly it's

it's the

listening to those individuals who know the most about

the land that they are working

and not assuming that you

you know more yeah

that's such a great point

such a great point about

as you previously also mentioned

having the ground truth

in addition to the data that the technology is

is gathering and then listening to the stakeholders

who are actually closer to the land for

for people who are new to land regeneration

can you walk us through what that means

what a project would look like

where are you doing some of your projects

sure we

as a company we work across terrestrial landscapes

and we have a little bit of a sweet spot

for grasslands and range lands

which actually represent over 50% of the

of the planet

and can sometimes be overlooked when there may be a

more of a focus on forest based landscapes

this year is also the UN Year of rangelands

so we feel like the time is now

actually to be celebrating this important ecosystem

when it comes to grasslands

there's a range of different things you can do to

support regeneration I mean

one of the most critical things is that

what we've seen in some areas

is that natural grasslands

are still being converted to cropland

which has a negative effect on biodiversity and um

and and all of the other ecological impacts that

that that can bring

so that's the first thing you can do

you can actually if you like

conserve the existing grasslands

but then what we're seeing around the world is

a growing amount of degraded land

that is potentially threatened

in terms of desertification

so how the land is being managed

um is very critical

so most grasslands around the world is

being managed for agricultural purposes

so it's about how you get that balance right

and continue to ensure that pastoralists and ranchers

or farmers around the world

can continue to grazing that land

but they can do it in a more sustainable way

so converting from conventional grazing practices

to more sustainable practices

like high intensity short duration grazing

can be one way that you can do that

it's it's also

one of the things that we're doing with our portfolio

projects in the US is introducing technology

which can support

the more sustainable forms of grazing

putting virtual collars on um

on cattle which means that

you no longer have to build physical fences right

you can have a a virtual fence

so this thing then also have a byproduct on

by diversity in that

you don't have the issue of wildlife and birds

being caught up in fences

hmm mm hmm

at it's most simple

it can be the transition of grazing practices to um

from you know

intensive

continuous grazing to a more sustainable approach

yeah that's

that's really interesting what you mentioned about

and do they do like

based on the projects that you've worked on

is it are they financially sustainable for the farmer

or the cattle I want to say group

yeah yeah

I mean that's one of the most fundamental um

um issues really

in how actually to make nature based interventions

financially viable

and one of the ways that that can be done is through uh

the the voluntary carbon market and monetizing

if you like the carbon that you're sequestering

so selling carbon credits

then the investor in the project is getting

a financial return right

equally

it might be that you have companies who have scope

3 emissions

and they're interested in um

improving the resilience of their supply chain

so they may actually be

willing to make that investment

into their supply chain through an insetting program

and

and actually pay farmers and ranchers for the change

in practice to move to more

um approaches

so there's different financial models

whether that is using the

a market mechanism or actually um

uh corporates investing

or it could also be in some instances

there's still philanthropic activities

which is what a lot of the environmental

Ngos are doing in supporting individuals

perhaps in terms of conserving land

putting easements in place or um

or

or working with community or tribal owned land as well

and finding new revenue streams there

so there's a number of different financial

instruments that are that are available

and I think that's been one of the things we've seen

really evolve over the last 5

10 years

is how nature based solutions can be an investible

if you like asset class yeah

just like an infrastructure investment

yeah that

that really seems interesting and powerful

because at the end of the day

you know you have to meet the financial sustainability

also for the farmers etcetera at on the ground level

so you talked a little bit about the projects in us

do you have projects outside of us as well

that you're working on we do

I mean as a company

our focus has been primarily on North America

and we include Mexico um

in in that and we have a number of projects in Mexico

including some with um

ahedo communities that are in forest uh

landscapes

as well as in northern Mexico grazing landscapes

and we also have projects in Uruguay and um

and then early stage uh

projects that we're working on in um

Namibia and India with NGO partners that

that's really cool

I know some of your projects outside of the US

as you mentioned are in early

early stages I'm curious about across your projects

are there certain learnings that you're finding

or you're finding differences based on geography

or even the type of of land

you said like there's grassland

there's other lands anything interesting bubbling up

even if it's early from your perspective

I mean definitely

I mean I think what we find is that each project is

is unique and and

and has different characteristics

I mean the

obviously

the underlying ecological characteristics of an area

are always going to be different

but that's one of the benefits of the technology

platform that we have developed

we actually are able to look at global datasets and um

that helps us to understand

looking at different eco regions

or a range of different biophysical characteristics

we can see um

similarities and differences

and obviously helps feed our technology as well in

in terms of finding ways to well

one of the key things is to actually

look at regeneration at

at speed and at scale

so what we can do in terms of our technology to try to

um reduce the

the time that organisations might need to spend

to assess a project

before they get to an investment stage

so it can also be providing insight to the land steward

or the land owner

so they're able to adapt their current land management

practices so using that data to provide extra insight

so I think while we would say each project is

is very different the

the communities and the stakeholders

and the underlying land

we do see though just in terms of project structuring

project management that

there are foundational components

and ways that we can streamline those processes

that will make that

make it more replicable and scalable

and that's what we also find is very attractive

then to institutional investors and corporations

who are looking to have a high degree of rigour and um

and robust data as well to support their um

investment decision making yeah yeah

um

something you said that you then I don't think you were

use the word customized particularly

but you

you talked about how processes at each geography are

I'll use the word customized

based on the geography and the special circumstances

and I can see how that is valuable to the investors too

because now you're mitigating some of the risks

which might be specific to each

each situation by adapting your processes

etcetera while

having a scalable technology that can be used across

different kinds of projects indeed

and I think what we find is that

you know the financial structuring

the scientific approaches can be universal

but the implementation and the application

of land management practices is often very cultural

culturally specific so I think it's um

it's always making sure that

that balance is right between the technology and

then the the human side of things

which um

will vary but I mean

equally what you find is that humans are humans

and actually some of these inside um

you know they are

there are insights for the

between countries that actually can be shared and

and you can learn from one project to another as well

yeah that's a

that's a great point humans are humans

slightly changing angle as you said

you worked at large companies

you grew up on a farm now you're working for a startup

through these various forms

um and structures

what strikes you as like

common themes that you have taken from like

one place to another that have

has made you successful

and what might be unique in each situation

that's a big question really

and it's something that I often get asked

about quite a bit now when um

we're recruiting new people into and

you know I share what my background is

and I reflect on the differences

particularly between a large multinational like shell

and a startup like Cultivo

although we've now been going for six years

so we're not that early stage

and we now have close to 50 people

but I think the there's a few things I reflect on that

that are really important

also if you're trying to change things and

do purpose driven work

one of the things is I think

having a legal structure that allows you to do

purpose driven work is important

and that's can be the difference between

in a company

if you're driven by just shareholder returns

mm hmm or um

if you have a structure like um

like CAS Cultivo we're a public benefit corporation

which means that we can balance both profit

with purpose and um

it that might not seem that important

but in terms of decision making

it gives you a lot of comfort

when you work for a company that

you know that you will never make a decision

that is entirely based on financial considerations

we will always be thinking about the purpose

and how it balances now ultimately

we still need to make a profit as a

as a company

so we still need to make financially driven decisions

but it means that they can be balanced

and you're not just making short term decisions

so I think that structure is quite important

and I think that's one of the challenges now

with many multinationals is

you know

having the right leadership and board and shareholders

mm hmm who those individuals are

can really drive that strategy and those decisions

mm hmm that are being made

the other thing that I think is the most fundamental

is about the people in an organisation

it doesn't matter how big it is

but having purpose driven people makes a big difference

and I think in a small corp

in a small organization that is mission driven you

you have a founder um

they decide really that

what that culture is going to be of the organization

which is more challenging as you scale

but that's one of the things right

that I've found and I've loved working for Cultivo

is that we have a team of very purpose driven people

now you still have that in a very large company

but you'll also have probably a broader spectrum

you will have some people that might be motivated

in different ways in terms of why they've joined

joined the company I think right

what I found when I was working at shell

is that I did find like minded people

who were purpose driven who did want to change things

so

you tended to surround yourself with people like that

but you had to spend a lot of time working on

influencing

convincing people that actually there's um

there's a reason to change something

whereas that's not something

that I need to spend a lot of time in

working in a mission driven organization like Cultivo

mm hmm um

mm hmm the influencing

could be more with external stakeholders

but it's not right internal

so I think that's quite a difference

and then the other reflection I have is

perhaps how risk is managed

and that the fact that in a smaller organization

you have the ability to move at much faster speed

and right

you naturally have to adapt a lot as a startup

but it just means that you can

rather than finesse something and get it to the 90

5% perfect you can take it to market

you can test it and then right and then iterate it

so

I think that the speed of putting things into practice

mm hmm is is something that is makes a big difference

yeah

I really like that you touched upon the legal structure

how's the boat structured

how um

you know basically the charter and the legal structure

structure for the company is so important

because that's that forms the foundation

and then it's the people and then the speed to um

you know the speed with which you can act also matters

yeah that that is really helpful because for me

I think for me from my perspective

when I think about sustainability

given the the corporate structures and the

the societal structures we live in

to me it's really important

at least in my thinking that it

it has to be a mix of that

something that's sustainable

from an environmental perspective

but also financial perspective

because that's how it's durable in the long term

definitely

and I think that's sometimes the challenge in that in

in large corporations I mean

corporate sustainability teams have been

a phenomenal intervention

and I think building expertise

so that

in terms of understanding the impacts that a company

is having bringing that professionalism

and depth of knowledge is

is really critical however

a sustainability team can sometimes just be seen as a

right and I think it's

it's important that to your point

that you look at it as an investment

as well as obviously the expense of a team

and I think getting that mindset is very important

I mean in smaller organisations

you don't necessarily need to have um

a sustainability team

and in a mission driven organization

you can actually have an impact driven business model

so essentially sustainability is part of everybody's

everybody's role

but as companies grow and become more sophisticated

and have much larger supply chains

having that professionalism

just as you have an HR

department or a finance department

I think is is still is very critical

um and it's still something that a lot of companies

have not yet invested in so

mm hmm I hope to

to see more sustainability teams in

in companies um

in future years yeah

and definitely I agree

see more sustainability teams and see them more not

not siloed and be more part of operational teams

like the profit centers or the cost centers

however the company is structured

you're absolutely right and

and I think that it's also a mindset of

of products that bring sustainable solutions

can actually be a source of competitive advantage

for companies yeah

and actually bringing that in to the

to the value proposition is

you know I have a strong belief that that is

that is a way that companies will innovate and survive

that if you're not bringing sustainability

attributes into products

they're going to become obsolete or stranded over time

yeah I agree with you because it's not only

you know there's the

the question of affordability

with supply chain strains and other risks and

you know limited material in the world

it's not unlimited things will get more expensive

if we keep doing and producing things at the same way

and not using some of the concepts around circular um

circularity etcetera

but also my background is in health healthcare

as I worked in healthcare for a long time

and I think about some of the materials

we are using today or how we are producing them

has huge impacts on health

and so if as a society

if you wanna want things affordable

durable and live healthy

it seems sustainability is a foundation for that

I just feel like such a dis

service has been done to sustainability

by putting it in a Silo and thinking of it as

like this cost center indeed

indeed and I mean

all of this would be much easier

if we were able to price in

you know what the

the cost of all these

the negative externalities is as well

exactly

we actually put a value on our ecological impacts the

you know the water and the

and the clean air and the

and the and the

and the clean soil but um

we're a little way away from that

but I still um

I'm I'm an eternal optimist

so I hope at some point

that our economic models might be able to factor in

more of that regenerative thinking

yeah yeah

I I yeah

I've talked to some people

they're thinking about it and they are

there is progress happening so that

you know I'm hopeful about it

so yeah

I was like talking about hope

I wanted to ask you

you said you are eternally optimistic

what keeps you

keeps your optimism going and the motivation going in

in the face of like

the big challenge we have and

and now

some of the systematic changes that need to be made

yeah and I wouldn't say that it's it

it's every single day I think there are

there are times in this current environment where you

you do question and sometimes feel a bit less hopeful

mm hmm

I think one of the key things that I've always found

drives my optimism is

is being inspired by other people who I have

mm hmm looked at and thought

the way that they just continue to persevere and

and maintain that focus um

and individuals that I I often

you know I listen to and

or read what they write

individuals like Christiana Figueres

who has been you know

involved in um the

the climate debate

and in solutions for most of her life

and um

you know and I love the fact that she also talks about

and that has a podcast that talks about um

you know stubborn optimism

which I think is you know

is a great way of positioning it

I mean I'm also inspired by young people are

are are active and and

and Greta I think she

mm hmm was a

a beacon of hope to you know to

to people all over the world

and I think it showed you that it's not about status

or age but actually

anybody can have a voice

and actually establish a huge following

mm hmm I

and I've also always found a way

I've also thought that it's important

that we continue to have activist organizations

and the role of environmental Ngos

some of them are more extreme than others

and some of them have a have a

have a position of really working with business

others more agitators

but I think they help companies keep their conscience

and actually push them

perhaps to do things differently

so I I think that the I

I also get optimism from these campaigning

organizations who are

day in day out still working on

on solutions for climate and

and nature yeah

thank you so much for sharing that

um I also listen to Christina's podcast

and get her LinkedIn write UPS

and I like that she always says

here are some positives

and here are some things that are not working

and I love that because without hope

people would just give up

um and what I'm also hearing from you is that

everyone has a role you

your role might be different from mine or a businesses

but everyone has a role because um

there are many angles we need to work on to

to make sure that we have a safe planet to live on

and the future generations

continue to enjoy the planet

as we have so

you know I wanted to again ask you if

if there's anything else you wanna add

before we wrap up

any pearls of wisdom or anything you would like to add

not sure about pearls of wisdom

I think a couple of things I would say is that

I would also encourage anybody who's listening

that has the time and the capacity

I think about taking on a voluntary role

whether that's working with an NGO or a charity

in addition to their paid employment

I think it's

it's a way that it can add to the strength of of

of Ngos and and charities

by bringing in different skills and experience

it can also be a fantastic opportunity for

career professionals to get experience

perhaps at an earlier age on a board

and it can be a way of giving back

and I think we need more of that in society and um

and a lot of organisations um

are desperately in need of a voluntary support

but I think sometimes it can be about thinking

how you can use your skills and experience

to help um

a charitable organization

so I think that's one of the things that I wanted to um

you know encourage any of your listeners to

to think about I've had a couple of fantastic um

organizations that I have been involved in

I'm currently a trustee of the Soil Association

which is a UK

I'm based charity that's been going for 80 years and is

is very much at the forefront of food

farming and nature

and how transformation in that area can lead to

a healthier lives

and it's been a fantastic experience for me

in terms of

building on what I already do in my day job

but finding those links and synergies and

and also feeling like I'm doing something positive

and I think that's red

partly the thing around maintaining optimism and hope

it's actually continuing to try and I think voluntary

um work can be a great way of helping you get

get a positive

mm hmm improve your

your your mental health

right as well yeah

yeah that's

that's such a great point

I'm glad you shared it yeah

that's part of the reason I'm doing this podcast

this is my this is my hope to the world

gift to the world so with

with that

I want to really thank you for being a guest today

um and before we wrap up for a

a word any

a word if you wanna share with the listeners

that they can carry for today

from today's conversation

well I think given the theme here is sustainability

I I think my word is probably relentless

because I think what it

what it asks of all of us is to have relentless focus

to not give up to have relentless optimism

to have relentless courage and to relentlessly adapt

so I think that would be my

my word that's

that's beautiful thank you so much

Caroline for being a guest

and thank you to the listeners for joining us today