The startup develops carbon accounting software that utilizes artificial intelligence and big data analytics to automate the measurement of an organization's carbon footprint. By integrating product identification and carbon intensity data, the platform enables large organizations to assess their total carbon emissions in days, facilitating more effective sustainability strategies.
Funding
$640K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many organizations struggle to accurately measure and manage their carbon footprint due to the complexity of supply chains and the difficulty in collecting and analyzing emissions data across different scopes. Traditional carbon accounting methods often rely on manual processes or high-level spend categorization, leading to inaccurate or incomplete assessments. This makes it difficult for businesses to identify emission hotspots, set reduction targets, and comply with increasingly stringent environmental regulations.
Solution
CO2A Global offers an AI-powered carbon accounting platform, GreenInsight, that automates the measurement and analysis of an organization's carbon footprint across Scopes 1, 2, and 3. The platform ingests procurement and finance data, leveraging AI algorithms to identify, classify, and attribute carbon footprints at the product level. This granular analysis enables businesses to pinpoint emission hotspots within their supply chain, optimize procurement decisions, and develop targeted carbon reduction strategies. GreenInsight also provides interactive tools for scenario planning, supplier engagement, and tracking progress towards net-zero goals. By providing a comprehensive and accurate view of carbon emissions, CO2A Global empowers organizations to reduce their environmental impact, achieve regulatory compliance, and unlock cost savings through improved efficiency.
Target Audience
The primary target audience includes large public and private sector organizations, particularly those with complex supply chains, that are seeking to accurately measure, manage, and reduce their carbon footprint to meet regulatory requirements, improve sustainability performance, and enhance stakeholder engagement.
Features
- AI-driven analysis of procurement and finance data for automated carbon footprint calculation
- Granular carbon footprinting at the product and service level
- Identification of key suppliers and emission hotspots within the supply chain
- Interactive carbon reduction planner for scenario analysis and target setting
- Support for Scope 1, 2, and 3 emissions accounting
- Integration with existing ERP and finance systems via secure data transfer protocols
- TCFD compliance check module for assessing climate-related risks
- SME net-zero planning tool for engaging with smaller suppliers