Erguvan offers a secure environmental commodities trading platform, ECM, that connects end buyers directly with project developers, minimizing brokerage fees and counter-party risks in the opaque voluntary carbon market. Additionally, their Azalt ESG Software provides data-driven carbon accounting and management solutions, enabling businesses to efficiently track and offset their carbon emissions.
Funding
Funding not disclosed
Founders
Product
Problem
The voluntary carbon market suffers from a lack of transparency, high brokerage fees, and significant counter-party risks, hindering efficient trading between end buyers and project developers. Businesses also struggle with effectively tracking, managing, and offsetting their carbon emissions due to a lack of data-driven carbon accounting and ESG management tools.
Solution
Erguvan provides a secure environmental commodities trading platform, ECM, that directly connects end buyers with project developers, reducing brokerage fees and counter-party risks in the voluntary carbon market. The ECM platform supports spot/forward trading, tendering, and advance market commitments. Additionally, Erguvan offers Azalt, an ESG software platform that provides data-driven carbon accounting and management solutions, enabling businesses to efficiently track, reduce, and offset their carbon emissions. Azalt offers features for compliance and risk management, including CBAM, CDP, financed emissions, supply-chain, and logistics & shipping. The Azalt API allows for integration of carbon measurements, reduction, and offsetting into existing products or services.
Target Audience
Erguvan's primary customers include businesses across various sectors, such as energy, industry, and financial services, seeking to decarbonize their operations and navigate the environmental commodity markets, as well as logistics companies seeking to offer carbon-neutral shipments.
Features
- ECM: Environmental Commodities Marketplace for carbon and REC trading
- Azalt: ESG Software for data-driven climate platform
- Portfolio Manager: Manage environmental commodity portfolios
- Spot/Forward Trading: Facilitates immediate and future-dated transactions
- Tender: Tool for competitive price discovery
- Advance Market Commitment (AMC): Enables long-term supply agreements
- Market Data: Provides real-time market insights
- Transaction Bridge: Connects buyers and sellers directly
- Methodologies: Standardized approaches for carbon accounting
- Carbon and ESG Management: Track and manage environmental impact
- Compliance and Risk Management: Ensure regulatory adherence
- CBAM: Carbon Border Adjustment Mechanism compliance
- CDP: Reporting to the Carbon Disclosure Project
- Financed Emissions: Accounting for emissions from investments
- Supply-Chain: Tracking emissions across the supply chain
- Logistics & Shipping: Emissions calculations for transportation
- Azalt API: Integrate carbon measurements into existing systems