Carbon Cred offers a mobile platform that lets employees earn personal carbon credits for low‑emission commuting such as walking, biking, or public transit, which can be exchanged for cash.
Funding
Funding not disclosed
Founders
Product
Problem
Many employees lack incentives and easy mechanisms to reduce their commuting emissions, while companies struggle to obtain reliable, verifiable carbon offsets and meaningful ESG data from employee travel behavior.
Solution
Carbon Cred operates a two-sided mobile marketplace that tracks low‑emission commuting (walking, biking, public transit) via a smartphone app, converts verified emission reductions into personal carbon credits, and allows employees to sell those credits for cash. Employers purchase the credits to offset their own carbon footprints, receiving detailed ESG metrics, reports, and visual displays of progress. The platform aligns individual financial incentives with corporate sustainability goals, creating a measurable, market‑driven pathway toward net‑zero commitments.
Target Audience
Primary customers are mid‑to‑large employers seeking verifiable carbon offsets and ESG reporting, and their commuting workforce who can earn cash rewards for sustainable travel.
Features
- Mobile app that logs and verifies commuting mode using GPS and sensor data
- Automatic calculation of CO₂ savings and issuance of personal carbon credits
- In‑app marketplace where employees can sell credits directly to their employer for cash
- ESG reporting suite delivering monthly or quarterly company‑branded reports with carbon reduction totals and employee engagement statistics
- Real‑time visual dashboards for public displays, intranets, or websites showcasing corporate emission‑reduction progress
- Certified carbon credit generation ensuring high‑quality offsets for corporate use