S3 Markets issues and manages blockchain-verified Environmental Attribute Certificates (EACs) for low-carbon industrial materials like steel and cement. This infrastructure enables enterprises to achieve verifiable Scope 3 emissions reductions by directly supporting upstream decarbonization efforts. The platform aligns corporate demand signals with producer incentives, facilitating capital flow toward scaling low-carbon production.
Funding
$10K 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 companies struggle to accurately track and reduce their Scope 3 emissions, particularly those associated with the procurement of carbon-intensive commodities like steel, cement, and ammonia. A lack of transparency and verifiable data makes it difficult for organizations to invest in and claim credit for emissions reductions achieved through alternative, low-carbon materials. This hinders efforts to decarbonize hard-to-abate sectors and meet sustainability goals.
Solution
S3 Markets offers a book-and-claim system designed to facilitate the adoption of low-carbon commodities and enable companies to credibly reduce their Scope 3 emissions. The platform connects organizations with producers of breakthrough carbon avoidance technologies, creating demand that helps these commodities achieve price parity with traditional, higher-emission alternatives. By providing a measurable and verifiable way to invest in emissions reductions, S3 Markets empowers companies to influence their carbon footprint and contribute to the decarbonization of hard-to-abate sectors. The system ensures additionality by supporting the scaling of production capacity for these innovative technologies.
Target Audience
The primary target audience includes organizations seeking to reduce their Scope 3 emissions, particularly those in industries that rely on carbon-intensive commodities such as steel, cement, and ammonia.
Features
- Book-and-claim system for tracking and verifying Scope 3 emissions reductions.
- Platform connecting companies with producers of low-carbon commodities.
- Support for scaling production of breakthrough carbon avoidance technologies.
- Measurable and actionable insights into a company's carbon footprint.
- Focus on decarbonizing hard-to-abate sectors.