This company provides an integrated ecosystem for verified climate action, combining data management with financial tools. Their platforms enable granular emissions monitoring, digital Monitoring, Reporting, and Verification (MRV), and access to carbon markets. The core value is turning asset data into measurable business value for environmental compliance and climate finance.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations struggle to accurately track and report their environmental impact due to a lack of real-time data and standardized methodologies. This makes it difficult to comply with environmental regulations, access climate finance, and participate in environmental markets.
Solution
NGX provides an IoT-enabled platform that facilitates the generation of Environmental Attribute Certificates (EACs) and Emission Reduction Certificates (ERCs) by processing real-time data from various assets. The platform enables organizations to precisely calculate emission intensity, track sustainability initiatives, and access climate finance opportunities. NGX offers tailored solutions for different sectors, including logistics, ensuring compliance with ISO standards and other relevant guidelines. By leveraging distributed ledger technology, NGX ensures transparency, traceability, and security in all transactions, fostering trust in sustainability efforts.
Target Audience
The primary target audience includes organizations across various sectors, particularly logistics, seeking to accurately track, report, and reduce their environmental impact, comply with environmental regulations, and access climate finance.
Features
- **EnviroCert:** Automates the generation of Renewable Energy Certificates, Carbon Credits, and Article 6 ITMOs using live IoT data.
- **E-Verify:** Generates Emission Reduction Certificates (ERCs) and low emission profiles from electric vehicle assets, specifically tailored for the logistics sector.
- **Reality:** Calculates emission intensity for services using IoT data, with a focus on Scope 1, 2, and 3 emissions reporting for enterprises.
- **Transbook:** Implements a Book and Claim system to track claimed low emissions profiles from source to sink, compliant with ISO 22095 standards.
- Complies with multiple standards like ISO, CDM, Article 6, ISO 14064, ISO 14083, and the GLEC framework.
- Integrates real-time data for enterprise-level emissions calculations and reporting.
- Utilizes distributed ledger technology to ensure transparency, traceability, and security.