HQ: London, UK
High-resolution CO2 tracking for the commodities sector.
Piece by piece, governments around the world are placing stricter regulations on emissions of greenhouse gases, including actual carbon prices. For such regulations to work, everyone from the regulated industries to the banks that finance them must operate with a common understanding of how to assign custody for every ton of CO2 emitted. For many industries, the tools for this simply don’t exist.
How it Works
CarbonChain builds models that measure CO2 emissions arising from supply chain operations of the global commodities sector. It isn’t enough just to know the average emissions from aluminum smelting, but to track down the electricity provider to every aluminum smelter so that they could reliably report the embedded emissions in a single can of Coke or cup of coffee.
In focusing on commodities, they have built up supply chain data for industries emitting 50% of global CO2. This includes cataloguing and modeling the emissions profile of every piece of equipment used in heavy industry. The result is they can pinpoint for customers CO2-reducing manufacturers or shipping routes, lowering the risk of carbon pricing and unlocking cheaper financing.
% of global CO2e
covered with their models
ADAM HEARNE CEO & CO-FOUNDER
Adam has moved millions of tons of ore around the world at Rio Tinto and millions of parcels at Amazon as the supply chain manager for 8 countries.
ROHEET SHAH COO & CO-FOUNDER
Roheet has over a decade of experience helping business grow across the world with BCG to to managing Amazon UK’s smart home business.
CarbonChain is using AI to determine the emissions profile of the world’s biggest pollutersTechCrunch