Carbon Wallet provides an AI-powered infrastructure for brands to capture, verify, and manage Scope 3 emissions data across their value chains. The platform quantifies the climate impact of consumer actions like product reuse and recycling, delivering audit-ready data aligned with global ESG reporting standards.
Funding
Funding not disclosed
Founders
Product
Problem
Companies face increasing regulatory and consumer pressure to accurately report Scope 3 emissions across their value chains. Traditional methods for capturing and verifying downstream emissions data are often manual, prone to inaccuracies, and lack the granularity required for audit-readiness and compliance with evolving ESG frameworks.
Solution
Carbon Wallet offers an AI-powered infrastructure designed to capture, verify, and manage Scope 3 emissions data throughout a company's value chain. The platform enables brands to track and validate real-world sustainable actions taken by consumers, such as product reuse or recycling, and quantifies their measurable climate impact. By leveraging AI and science-backed GHG models, Carbon Wallet ensures data integrity, prevents spoofing, and provides audit-ready Scope 3 data aligned with global reporting standards like ISSB and the GHG Protocol. This facilitates more informed carbon management decisions and supports compliance with regulatory requirements.
Target Audience
Primary customers are apparel, electronics, and FMCG brands that need to report downstream emissions and demonstrate verifiable climate impact to meet regulatory and stakeholder demands.
Features
- AI-powered infrastructure for capturing and verifying Scope 3 emissions data across the value chain.
- Capability to track, validate, and reward real-world consumer actions tied to measurable climate impact.
- Integration of AI and science-backed GHG models for quantifying emission savings and preventing data spoofing.
- Generation of audit-ready Scope 3 data aligned with ISSB, GHG Protocol, and CSRD frameworks.
- Consumer behavior tracking for actions like borrowing, commuting, and reuse, linked to Sustainable Development Goals.
- Secure data management with GDPR compliance, prioritizing trust, safety, and privacy.
- Automated carbon tracking across product lifecycles to inform carbon decisions.