Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- Connect Earth is a London-based carbon data company, with offices in Chicago and Bogota, that enables financial institutions to offer embedded carbon measurement products to their clients. Focused on the Banking, Insurance and the Accounting sectors, we’ve developed the most scalable way to measure scope 3 emissions using transaction data of suppliers / clients, which empowers financial institutions to report in accordance with global regulations and standards they are required to report to / on.
Our carbon intelligence platform can be white-labeled by any financial institution to offer customers carbon accounting as a service, under their brand. Leading banks like KBC, Raiffeisenbank and Tide (biggest B2B neobank in the UK), as well as corporations like SAP and FIS already trust Connect Earth’s leading data models. Our platform is available as an API, iFrame or standalone solution.
Value add for Banks:
- Measure your financed emissions to report in accordance with ISSB and PCAF standards and global regulations
- Identify sustainable lending opportunities across your customer base
- Engage climate conscious SME customers
Vale add for Insurance Firms:
- Measure your insurance-associated emissions at scale, by measuring the emissions of all of your clients.
- Enhance your risk assessment: the higher the carbon footprint, the higher the risk. Regulatory risk, physical risks and reputitional risk should all be assessed
- Influence underwriting / premiums: Use the data on clients that we calculate for you to adjust premiums based on the climate risk
- Enhance your brand a sustainability leader towards your clients.
Value add for Accounting / Advisory Firms: Simply offer Carbon Accounting as a Service to all of your clients, driving additional revenue. We can drive revenue by over 15% / client.
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