Ren simplifies supply chain decarbonization by enabling companies to map emissions, model renewable energy roadmaps, and directly procure clean energy. The platform facilitates supplier engagement and matches corporate demand with global renewable energy projects to accelerate the transition to clean energy sources.
Funding
$2.8M 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
Organizations face significant challenges in decarbonizing their global supply chains due to the complexity of navigating diverse international energy markets and engaging numerous suppliers. This complexity hinders the ability to accurately map emissions, model effective renewable energy transition strategies, and facilitate the adoption of clean energy sources at scale.
Solution
Ren provides a comprehensive platform and expert services designed to simplify and accelerate supply chain decarbonization through renewable energy procurement. The platform offers tools for mapping emissions data across value chains, modeling customized renewable energy roadmaps aligned with climate targets, and managing existing energy contracts. Ren also facilitates direct engagement with suppliers to educate and incentivize their transition to clean energy sources. By matching corporate demand with global renewable energy opportunities and supporting RFP development, Ren enables companies to directly contribute to the creation of new renewable energy projects.
Target Audience
The primary customers are large corporations and brands seeking to decarbonize their supply chains, particularly those with significant Scope 3 emissions and operations across multiple international markets.
Features
- Emissions data mapping and visualization for a 360° view of the value chain and identification of hotspots.
- Renewable energy roadmap modeling to align with corporate climate targets, supported by expert feasibility analysis.
- Contract tracking for existing scope 2 energy agreements, including expiration, terms, and pricing.
- Supplier and facility engagement tools to educate and incentivize the procurement of renewable energy.
- Transaction support and RFP development for matching demand with global renewable energy projects.
- Aggregation of regional facilities into portfolios to create larger, more impactful renewable energy projects.
- Expertise in navigating complex global markets, including specific policy frameworks like Vietnam's DPPA and Malaysia's CRESS.
- Data-driven insights to support business cases for renewable energy adoption, linking emissions reduction to financial outcomes.