EcoSmart Labs offers a carbon accounting SaaS platform that helps businesses measure, analyze, and report their carbon footprint. By providing tools to track and manage emissions, EcoSmart Labs enables companies to make data-driven decisions to reduce their environmental impact and achieve sustainability goals.
Funding
Funding not disclosed
Founders
Product
Problem
Asset managers face increasing pressure to understand and mitigate carbon risk within their portfolios, but often lack the tools to efficiently measure, analyze, and act on complex climate-related data. Existing carbon emissions data is incomplete, and manual calculations in spreadsheets are time-consuming and prone to error. Furthermore, it is difficult to model future carbon risk under various climate scenarios and adjust portfolios accordingly.
Solution
EcoSmart Labs provides an end-to-end SaaS platform that enables asset managers to understand and act on carbon risk. The platform allows users to instantly calculate TCFD metrics across portfolios and individual holdings, identify emissions hotspots, and understand relative performance. Users can model the impact of NGFS climate scenarios or create custom scenarios to understand how carbon risk evolves over time. The platform also facilitates adjusting portfolio weightings and holdings to understand the carbon impact of investment decisions, construct low-carbon funds, and hedge carbon risk with verified offsets.
Target Audience
The primary target audience is asset managers, including those managing institutional portfolios, who need to understand, measure, and manage carbon risk to meet disclosure obligations, corporate carbon risk measurement, or portfolio-level planning goals.
Features
- Instant calculation of core TCFD statistics at the portfolio and holding level
- Carbon Spread (bps) to quantify the hidden risk of carbon emissions
- Carbon Risk Adjusted Earnings (CRAE) Score to identify holdings contributing disproportionately to emissions
- Modeling of carbon risk under standard NGFS climate scenarios and custom scenarios
- Portfolio adjustment tools to model the carbon impact of changes in weightings and holdings
- Support for constructing low-carbon and carbon-neutral funds
- Integration with partners for purchasing verified carbon offsets