Terralytiq provides a decarbonization copilot platform specifically for manufacturers to manage supply chain emissions. The platform enables better procurement decisions by providing primary Scope 3 data and facilitating supplier engagement. This ultimately helps companies reduce both operational costs and carbon footprint across their industrial value chains.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses struggle to accurately measure and manage Scope 3 emissions within their supply chains due to the complexity of data collection from numerous suppliers. This lack of visibility makes it difficult to identify emission hotspots and implement effective decarbonization strategies. Furthermore, compliance with evolving environmental regulations adds another layer of complexity for organizations.
Solution
Terralytiq offers a platform designed to automate the collection and analysis of Scope 3 emissions data from suppliers, enabling businesses to gain comprehensive insights into their supply chain carbon footprint. The platform facilitates activity-based emissions analytics using supplier-specific emission factors and hybrid data collection methods, ensuring accuracy and auditability. By identifying emission hotspots and providing access to a library of decarbonization business cases, Terralytiq empowers organizations to develop and implement targeted interventions. The platform also supports supplier engagement through automated RFIs and data verification, streamlining the process of gathering primary data and improving overall data quality.
Target Audience
Terralytiq primarily serves industrial companies and manufacturers seeking to reduce their Scope 3 supply chain emissions and meet sustainability targets.
Features
- Automated collection of supplier-specific emissions data
- Activity-based emissions analytics for accurate carbon footprinting
- Identification of emission hotspots within the supply chain
- Library of over 500 decarbonization business cases
- Synthetic bill-of-materials (BOM) generation for purchased items
- AI-powered prediction of facility locations within the supply chain
- Automated supplier engagement through RFIs and data verification
- Compliance with ISO and PACT industry standards