50 Companies Leading the Way in Carbon Footprint Management
May 4, 2023
Here is a list of 50 green tech companies leading the way in carbon management, to reduce carbon footprint that is making a positive impact on society.
The Omdena “Impact Tech Leaders Series” comprises game-changing startups, stories, and thought-leadership pieces from leading impact ventures solving real-world problems.
Introduction
Sustainability has become an increasingly important topic in recent years as individuals and companies alike recognize the importance of reducing their carbon footprint. Reducing carbon footprint is the process of managing and reducing the amount of carbon dioxide and other greenhouse gases that are emitted into the atmosphere. This is a critical step in mitigating climate change and ensuring that our planet remains habitable for future generations.
Many companies are leading the way in the reduction of carbon footprint technology, using innovative solutions to tackle this global problem. In this article, we will explore the top 50 companies that are making a difference and discuss the benefits of reducing carbon footprint technology, the technologies being used, and how businesses can adopt these solutions.
What is Carbon Footprint and How to Reduce It?
Carbon footprint is a term that is used to describe the amount of greenhouse gases that are released into the atmosphere as a result of human activities. These gases, which include carbon dioxide, methane, and nitrous oxide, trap heat in the atmosphere, leading to global warming and climate change.
There are many ways to reduce carbon footprint, and it can be broadly classified into two categories: reducing emissions and removing carbon from the atmosphere.
Reducing emissions involves taking steps to reduce the amount of greenhouse gases that are released into the atmosphere while removing carbon from the atmosphere involves using technology to capture and store carbon.
One of the most effective ways to reduce carbon footprint is by using renewable energy sources such as solar, wind, and hydropower. These sources of energy do not produce greenhouse gases, and they are becoming increasingly affordable and accessible. Another way to reduce carbon footprint is by using energy-efficient appliances and vehicles that consume less energy.
In addition to these measures, there are many other ways to reduce carbon footprint. For example, individuals and organizations can reduce their consumption of meat, which is a significant source of greenhouse gases. They can also reduce their use of single-use plastics, which take a long time to degrade and contribute to carbon footprint.
Future of Reducing Carbon Footprint Technologies
The future of carbon footprint reduction technology looks bright, with continued innovation and advancements in this field. As the world becomes more aware of the importance of sustainability, there is a growing demand for carbon footprint reduction technologies. This demand is driving innovation in this field, with new technologies emerging to help companies and individuals reduce their carbon footprint.
One of the most promising areas of innovation is in renewable energy. As renewable energy becomes more affordable and accessible, it is becoming an increasingly popular choice for businesses looking to reduce their carbon emissions. Other areas of innovation include carbon capture and storage, transportation, and energy-efficient building design.
Benefits of Reducing Carbon Footprint Technology
There are numerous benefits to adopting reduce carbon footprint technology. These benefits include:
- Cost savings: By reducing energy consumption and optimizing processes, companies can save money on their energy bills.
- Improved efficiency: Carbon footprint reduction technologies can help companies optimize their processes and reduce waste, leading to improved efficiency and productivity.
- Increased competitiveness: Companies that adopt carbon footprint reduction technologies are seen as more socially responsible and environmentally friendly, which can improve their competitiveness in the marketplace.
- Regulatory compliance: Many governments require companies to reduce their carbon emissions and demonstrate compliance with environmental regulations. Carbon footprint reduction technologies can help companies meet these requirements.
- Improved reputation: Adopting carbon footprint reduction technologies can improve a company’s reputation and brand image by demonstrating its commitment to sustainability and social responsibility.
What Technologies are Being Used to Monitor and Manage Carbon Footprints?
There are many technologies being used to monitor and manage carbon footprints. These technologies include:
- Energy management systems: These systems help companies track and manage their energy consumption, identifying areas where energy can be saved and optimizing processes to reduce waste.
- Carbon accounting software: This software helps companies track their carbon emissions and report on their carbon footprint, helping them to comply with regulations and demonstrate their commitment to sustainability.
- Renewable energy solutions: These solutions include solar panels, wind turbines, and other renewable energy sources that can help companies reduce their reliance on fossil fuels and reduce their carbon emissions.
- Transportation optimization: By optimizing transportation routes and using more fuel-efficient vehicles, companies can reduce their carbon emissions and save money on fuel costs.
- Building energy management systems: These systems help companies optimize their building energy usage, identifying areas where energy can be saved and reducing waste.
How Businesses Can Adopt These Technologies
Businesses can adopt reducing carbon footprint technologies by:
- Conducting a carbon footprint assessment: This involves measuring the company’s carbon emissions and identifying areas where emissions can be reduced.
- Identifying carbon reduction targets: Once the company’s carbon footprint has been assessed, it can set targets for reducing its carbon emissions.
- Developing a carbon reduction plan: This plan should outline the steps the company will take to reduce its carbon emissions, including the technologies it will adopt and the processes it will optimize.
- Implementing carbon reduction technologies: The company can then begin implementing the technologies identified in the carbon reduction plan, such as energy management systems, renewable energy solutions, and transportation optimization.
- Monitoring and reporting on progress: It is essential to monitor and report on progress regularly, tracking the company’s carbon emissions and assessing the effectiveness of the carbon reduction plan.
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50 Leading Technology Carbon Footprint Reduction, Monitoring, and Management Companies
The order does not follow a ranking.
1. Carbon Analytics
Carbon Analytics is a company that helps businesses measure and reduce their greenhouse gas emissions. The company provides a cloud-based platform that automates the carbon accounting process by using data from various sources, such as invoices, bank statements, and energy bills. The platform also offers insights and recommendations on how to improve the environmental performance of the business and its supply chain.
Carbon Analytics uses artificial intelligence, data science, and machine learning to analyze the data and generate accurate and granular carbon footprints.
- Founded: 2013
- Founder(s): Colin MacLaughlin, Greg FitzGerald, James Tilbury, and Michael Thornton
- Headquarters: London, UK
- Funding: $106.2K in Seed round
2. Pachama
Pachama is a technology company that uses satellite data and machine learning to verify, monitor, and exchange nature-based carbon credits. The company aims to restore nature and solve climate change by scaling up the market for forest conservation and restoration projects.
- Founded: 2018
- Founder(s): Diego Saez-Gil and Tomas Aftalion
- Headquarters: San Francisco, California
- Funding: $79.3M, Series B round
3. Carbon Clean Solutions
Carbon Clean Solutions is a company that develops and deploys low-cost carbon capture and storage technology for industrial applications. Carbon Clean Solution aims to help industries achieve net zero emissions by capturing and reusing or storing carbon dioxide (CO2) from their processes. Carbon Clean Solution uses a proprietary solvent called APBS-CARBex® that reduces the energy and cost of carbon capture compared to conventional methods. The company also leverages data science and machine learning to optimize the performance and efficiency of its technology.
- Founded: 2009
- Founder(s): Aniruddha Sharma and Prateek Bumb
- Headquarters: London, UK
- Funding: $212.4M, Series C round
4. Aclima
Aclima is a company that uses technology to measure and analyze air quality and climate change. Aclima combines roving and stationary sensors, data science, and machine learning to provide high-resolution maps and insights on air pollution and greenhouse gases at the block level.
- Founded: 2007
- Founder(s): Davida Herzl and Reuben Herzl
- Headquarters: San Francisco, California
- Funding: $64M, Series B round
5. Carbon Upcycling Technologies
Carbon Upcycling Technologies (CUT) is a company that uses a patented technology platform to transform CO2 emissions and industrial byproducts into valuable materials. CUT sells advanced solid products derived from greenhouse gases and cheaply available solids, such as fly ash, plastic waste, and biomass. These products can be used in various applications, such as concrete, coatings, plastics, and batteries.
- Founded: 2014
- Founder(s): Apoorv Sinha and Madison Savilow
- Headquarters: Calgary, Canada
- Funding: $6.2M, Venture – Series Unknown round
6. WattTime
WattTime is an environmental tech nonprofit that empowers people and companies to choose cleaner energy. WattTime develops data-driven tools and policies that increase environmental and social good. WattTime invented Automated Emissions Reduction (AER), a software that allows devices to sync their power usage to moments of low-carbon electricity on the grid. WattTime also provides real-time and forecasted emissions data for electricity grids around the world, using AI, data science, and machine learning.
- Founded: 2014
- Founder(s): Gavin McCormick
- Headquarters: Oakland, California
- Funding: $1.7M, Grant round
7. Coral Vita
Coral Vita is a company that grows corals in land-based farms and transplants them into threatened reefs. By doing so, it helps preserve the ocean’s biodiversity and protect the livelihoods of people who depend on reefs for coastal protection, food, and income. Coral Vita uses technology to accelerate coral growth and enhance their resilience to climate change. It also collects data on coral health and reef restoration outcomes to inform its operations and share with the scientific community.
- Founded: 2017
- Founder(s): Sam Teicher and Gator Halpern
- Headquarters: San Diego, California
- Funding: $2M in Seed round
8. Climeworks
Climeworks is a company that develops and operates direct air capture (DAC) plants, which remove carbon dioxide (CO2) from the atmosphere and provide it to various markets. Climeworks uses a patented technology that captures CO2 with a filter material that binds the gas when air is drawn through it. The filter is then heated to release the pure CO2, which can be used for various applications, such as enhancing plant growth in greenhouses, carbonating beverages, producing synthetic fuels, or storing it underground for permanent removal. Climeworks claims that its technology is scalable, modular, and flexible and that it can capture CO2 from any location and at any concentration.
- Founded: 2009
- Founder(s): Christoph Gebald and Jan Wurzbache
- Headquarters: Zurich, Switzerland
- Funding: CHF 733.6M, Private Equity round
9. Ureca
Ureca is a company that helps individuals and businesses reduce their carbon footprint by investing in verified carbon credits from projects around the world. Ureca uses artificial intelligence, data science, and machine learning to analyze the environmental and social impact of each project and to provide transparent and personalized recommendations for use.
- Founded: 2021
- Founder(s): Orchlon Enkhtsetseg, Amar Baatartsogt, Unurbat Erdenemunkh and Onon Bayasgalan
- Headquarters: Singapore
- Funding: $1.5M in Pre-Seed round
How do you measure your impact?
At URECA, our impact is measured by the yardstick of empowerment of individuals and groups of people so that they can feel a sense of agency with regard to their own future- namely by improving their economic welfare and climate resilience while also contributing to climate mitigation efforts. URECA is proud of our digital verification technology on solar-powered electricity, which essentially enables individual households to benefit from the carbon market, bypassing the restrictive costs and manual due diligence that is necessary for traditional MRV processes. URECA’s carbon offset marketplace is designed specifically to benefit project developers and impacted communities the most. We are transparent about commission fees, and we ensure that project developers continue to benefit from any further sales of their credits on secondary markets. By making the market more enticing for developers, we seek to increase the supply of high-quality carbon projects across the globe.
10. Bleckmann
Bleckmann is a company that provides logistics and distribution services to the fashion and lifestyle sector, operating throughout Europe and beyond. Bleckmann has grown to become a leading logistics partner for many consumer product brands, serving over 100 clients with more than 5,000 team members across 30+ locations.
Bleckmann is committed to sustainability and circularity, aiming to reduce its environmental impact and help its clients achieve their sustainability goals. Bleckmann acquired The Renewal Workshop in 2022, a company that offers circular solutions for apparel and textile brands, such as repairing, cleaning, and reselling products that would otherwise be discarded. Bleckmann also leverages technology to optimize its operations and reduce carbon emissions, such as using artificial intelligence to forecast demand, plan routes, and manage inventory.
- Founded: 1862
- CEO: Kurt Pierloot
- Headquarters: Oldenzaal, Overijssel, The Netherlands
- Funding: Private
11. Kora
Kora is a mobile app that gamifies carbon reduction and rewards users for taking climate-friendly actions. The app uses data science and machine learning to calculate the carbon impact of users’ daily choices and provide personalized suggestions on how to lower their emissions. Users can also earn Kora coins, a digital currency that can be used to offset their carbon footprint or donate to environmental causes. Kora’s mission is to empower millions of people to become climate heroes and create a more sustainable future for the planet.
- Founded: 2020
- Founder(s): Aurimas Bakas, Gilad Regev, Marija Rucevska, Serik Kushenov
- Headquarters: London, UK
- Funding: $880K in Seed round
The Omdena team’s partnering with Kora to build an AI engine that uses mobile phone sensor data to identify motion-based actions like driving, biking, and scootering to raise awareness about CO2 emissions and encourage individuals to adopt more sustainable lifestyle choices. By providing people with insight into their daily carbon footprint, this project hopes to inspire positive changes that will help reduce overall carbon emissions.
12. Verifavia
Verifavia is a global independent environmental verification, certification, and auditing body for aviation, airports, and maritime transport. It helps its clients measure, report, and reduce their greenhouse gas emissions by providing them with innovative solutions based on technology, data science, and machine learning.
- Founded: 2010
- Founder(s): Julien Dufour and Nicolas Duchene
- Headquarters: Paris, France
- Funding: –
13. Global Thermostat
Global Thermostat is a company that uses technology to capture carbon dioxide from the air and turn it into valuable products. Global Thermostat’s technology uses low-cost residual heat and renewable energy to capture carbon dioxide from various sources, such as power plants, industrial facilities, and ambient air. The captured carbon dioxide can be used for various applications, such as enhanced oil recovery, biofuels, carbonated beverages, plastics, and fertilizers. Global Thermostat claims that its technology can capture carbon dioxide at a lower cost and higher efficiency than other methods. The company also says that its technology can help reduce global warming and create a circular carbon economy.
- Founded: 2006
- Founder(s): Graciela Chichilnisky
- Headquarters: New York, United States
- Funding: Private investors
14. Azolla Projects
Azolla Projects is a company that uses technology for carbon management and reduction practices. It helps farmers adopt regenerative agriculture, which sequesters CO2 naturally and turns farmlands into carbon sinks. Azolla Projects uses AI, data science, and machine learning to optimize crop yields, soil health, and carbon capture.
- Founded: 2020
- Founder(s): Jerónimo Pellicer Hummelsheim and Orson Acosta Romero de Tejada
- Headquarters: Madrid, Spain
- Funding: Private investors
The Omdena and Azolla Projects collaborated to create innovative solutions for regenerative farming using AI technology to enable carbon markets in agriculture. The team designed a user-friendly data visualization dashboard that displays and compares the effects of various regenerative farming practices on Soil organic carbon (SOC) using historical data. The dashboard serves as a valuable tool for analyzing and predicting SOC pathways. Read more: https://www.omdena.com/projects/ai-regenerative-farming/
15. CarbonCure Technologies
CarbonCure Technologies is a company that creates, develops, and licenses solutions that consume waste CO2 to make better concrete. CarbonCure Technologies uses technology that injects captured carbon dioxide into concrete during the manufacturing process, where it reacts with calcium ions to form solid minerals. This process reduces the carbon footprint of concrete, improves its strength and durability, and lowers its cost. CarbonCure Technologies also uses AI, data science, and machine learning to optimize the amount of CO2 injected for each batch of concrete.
- Founded: 2007
- Founder(s): Rob Niven
- Headquarters: Halifax, Nova Scotia
- Funding: $12.4M, Venture – Series Unknown
16. Blue Sky Analytics
Blue Sky Analytics is a climate technology company that extracts environmental intelligence from satellite data and sells it to various stakeholders. The company uses AI, data science, and machine learning to provide insights into air quality, water quality, land use, and carbon emissions. Blue Sky Analytics aims to help governments, businesses, and individuals make informed decisions and take action to mitigate climate change.
- Founded: 2018
- Founder(s): Abhilasha Purwar and Kshitij Purwar
- Headquarters: Gurugram, India
- Funding: $1.5M in Seed round
17. CarbonChain
CarbonChain is a company that provides emissions insight and analysis across the entire industrial supply chain. The company uses AI, data science, and machine learning to collect and process emissions data from various sources, such as mines, ships, refineries, and factories. CarbonChain helps companies in polluting industries, such as metals, mining, oil, and gas, to measure, report, and reduce their carbon footprint.
- Founded: 2019
- Founder(s): Adam Hearne, Jeremiah Smith, Roheet Shah, and Yury Oparin
- Headquarters: London, UK
- Funding: $10.1M in Series A round
18. Powervault
Powervault is a company that provides intelligent and sustainable energy storage systems for homes and businesses. The company’s products store the surplus energy generated by solar panels or wind turbines, helping customers save money and reduce their carbon footprint. Powervault uses data science and machine learning to optimize the performance and efficiency of its systems, as well as to provide smart grid services to the energy network.
- Founded: 2012
- Founder(s): Joe Warren and Simon Daniel
- Headquarters: London, UK
- Funding: $10M, Venture – Series Unknown
19. C-Capture
C-Capture is a company that designs and develops chemical processes for the capture of carbon dioxide from various sources, such as power plants, natural gas, biogas, and biomass. C-Capture’s technology uses a novel class of solvents that are safe, low-cost, and scalable, and can be applied to a range of post-combustion capture scenarios. C-Capture is currently leading a major project to demonstrate its technology at Drax power station in North Yorkshire, where it will capture carbon dioxide from biomass used in power generation. This project aims to show how C-Capture’s technology can be used as part of a process to remove existing carbon dioxide from the atmosphere (BECCS), which could help mitigate climate change.
- Founded: 2009
- Founder(s): Chris Rayner
- Headquarters: Leeds, UK
- Funding: £16.7M, Venture – Series Unknown
20. Transitry
Transitry is a climate-tech startup that aims to reverse climate change by removing enough carbon dioxide from the atmosphere. Transitry’s digital ecosystem enables nature-based solutions (NbS) to combat climate change by providing carbon footprint visibility, manageability, and access to funding. The company uses satellite-enabled data and artificial intelligence to measure, report, and verify (MRV) the carbon outcomes of NbS projects. Transitry also offers regenerative finance (ReFi) solutions that connect investors with a diversified portfolio of NbS credits and impact reports.
- Founded: 2022
- Founder(s): Navarun Atraya and Vishan Ravi Tejaas
- Headquarters: Singapore
- Funding: $100K in Pre-Seed round
Omdena and Transitry have collaborated on a project to develop an AI platform that can assist users in creating various types of carbon projects within the bounds of the carbon registry. The aim of the project is to leverage AI to simplify and streamline the carbon offsetting process, making it easier for individuals and organizations to take action on climate change.
The platform will utilize AI technology, including ChatGPT, to provide users with tailored recommendations for carbon projects based on their unique needs and preferences. It will also incorporate user-friendly features such as a chatbot interface and intuitive dashboard to make the process as accessible as possible.
Read more: Developing Carbon Project Management Platform Leveraging AI & ChatGPT
21. The Carbon Trust
The Carbon Trust is a mission-driven organization that helps businesses, governments, and organizations around the world to reduce carbon emissions and accelerate their transition to a low-carbon economy. The Carbon Trust provides consultancy, assurance, market transformation, and innovation services to support its clients and partners in achieving their climate ambitions. The Carbon Trust also develops and certifies low-carbon technologies and products, such as offshore wind, green finance, and carbon footprint labels.
- Founded: 2001
- Founder(s): Tom Delay
- Headquarters: London, UK
- Funding: $8.3M in Venture – Series Unknown
22. Leap
Leap is a company that provides a platform for connecting and monetizing flexible energy assets, such as battery storage, smart buildings, and electric vehicles. Leap enables its partners to access multiple grid services programs across multiple markets through a single API and help build the flexible, renewable grid of the future. Leap uses data science and machine learning to optimize the dispatch and performance of its network of distributed energy resources.
- Founded: 2017
- Founder(s): Thomas Folker and Remco van den Elzen
- Headquarters: San Francisco, California
- Funding: $44.1M in Private Equity round
23. Blue River Technology
Blue River Technology is a company that develops intelligent machinery for agriculture. Blue River Technology’s flagship product is See & Spray™, a system that uses computer vision, machine learning, and robotics to identify and spray individual plants in real-time. See & Spray™ can reduce the use of chemicals by up to 90% while improving crop yield and quality. See & Spray™ is compatible with John Deere’s R-series sprayers, and is available for cotton and soybean growers in 2021.
In 2017, Blue River Technology was acquired by John Deere, a world leader in agricultural equipment. The acquisition enabled Blue River Technology to leverage John Deere’s global reach and resources while maintaining its autonomy and innovation culture. Blue River Technology continues to develop new products and solutions for smart farming, such as lettuce thinning, corn weeding, and phenotyping.
- Founded: 2011
- Founder(s): Jorge Heraud and Lee Redden
- Headquarters: Sunnyvale, California
- Funding: $31.1M in Series B round
24. Svante
Svante is a company that develops and commercializes carbon capture and removal solutions for industrial emissions and the air. Svante’s technology is based on unique solid sorbents, especially metal-organic frameworks (MOFs), that can capture and concentrate CO2 from diluted flue gas streams with high efficiency and low cost. Svante’s technology can be applied to various industries such as cement, steel, hydrogen, and oil and gas, and can help them achieve their net zero targets by reducing their carbon footprint. Svante’s technology is also environmentally friendly, scalable, modular, and backed by science.
- Founded: 2007
- Founder(s): Claude Letourneau and Darryl Wolanski
- Headquarters: Burnaby, Canada
- Funding: $479M in Venture – Series Unknown round
25. Nori
Nori is a company that aims to reverse climate change by creating a transparent and secure platform that allows anyone to pay for removing excess carbon dioxide from the atmosphere. Nori connects carbon removal suppliers, such as farmers who use regenerative agriculture practices, with buyers who want to offset their emissions and support climate action.
- Founded: 2017
- Founder(s): Christophe Jospe, Paul Gambill, and Ross Kenyon
- Headquarters: Seattle, Washington
- Funding: $13.7M in Venture – Series Unknown round
26. NCX
NCX is a company that connects corporations to the landowners, habitats, and communities they impact through their carbon marketplace. By drawing on their years of precision forest management, they enable net-zero leaders to purchase carbon credits with immediate, verifiable impact and landowners to quantify the full value of their forests.
NCX uses satellite images and machine-learning software to map forest areas and assess their carbon stocks. They also use a tonne-year accounting method that credits landowners for delaying their timber harvest and growing older and more carbon-rich forests.
- Founded: 2019
- Founder(s): Zack Parisa and Max Nova
- Headquarters: Seattle, Washington
- Funding: $78.8M in Series B round
27. Regrow Ag
Regrow Ag is a technology company that develops software for agriculture. Regrow Ag’s mission is to make resilient agriculture ubiquitous on every acre globally.
Regrow Ag offers a cloud-based crop management and analytics platform called FluroSense, which drives planting and growing decisions and helps farmers reduce their carbon footprint. FluroSense uses crop and soil models, satellite imagery, and farm management system integrations to measure, verify and report the impact of regenerative farming practices. FluroSense also enables scalable data collection and transparent data verification for ecosystem markets, allowing growers to monetize their carbon credits.
Regrow Ag has been named Fast Company’s #1 Most Innovative Company in Agriculture for 2023. It has also been selected for Société Générale’s Global Markets Incubator and UBS Global Visionaries Program, two prestigious innovation accelerator programs that support climate solutions for the financial industry.
- Founded: 2016
- Founder(s): Anastasia Volkova, William Salas, Manal Elarab and Tim Yande
- Headquarters: Durham, New Hampshire, United States
- Funding: $63.6M in Series B round
28. LanzaTech
LanzaTech is a biotechnology company that engages in bio-ethanol production from waste carbon sources. The company offers a bio-processing platform that uses bacteria to convert carbon emissions from steel mills, landfills, refineries, and other industrial sources into fuels and chemicals. LanzaTech also produces ethylene from CO2, a key building block for plastics and textiles.
- Founded: 2005
- Founder(s): Sean Simpson and Richard Forster
- Headquarters: Skokie, Illinois, United States
- Funding: $841.4M in the Grant round
29. Terrapass
Terrapass is a social enterprise that provides carbon-offsetting products and solutions for individuals and businesses. Terrapass uses proceeds from member purchases to fund greenhouse gas reduction projects in the United States, such as wind energy, farm methane digesters, landfill methane flaring, and clean energy. Terrapass also offers a carbon calculator, a blog, and a certification program for green providers.
- Founded: 2004
- Founder(s): Karan Girotra, Karl Ulrich, Tom Arnold
- Headquarters: Houston, Texas, United States
- Funding: $5.8M in Series A round
30. Indigo AG
Indigo AG is a company that uses natural microbiology and digital technologies to improve grower profitability, sustainability, and consumer health. One of Indigo AG’s main products is Carbon by Indigo, which enables farmers to earn income by adopting sustainable practices that lead to the production of high-quality, registry-issued carbon credits. The credits help corporations achieve their climate action goals by complementing their own emission reduction steps. Indigo AG uses data science and machine learning to measure and verify the carbon sequestration impact of different farming practices.
- Founded: 2014
- Founder(s): David Berry, Geoffrey von Maltzahn, Ignacio Martinez, and Noubar Afeyan
- Headquarters: Boston, Massachusetts
- Funding: $1.2B in Series F round
31. Fervo Energy
Fervo Energy is a company that develops clean energy technology to generate carbon-free energy from geothermal systems. Fervo Energy applies proven technologies, such as horizontal drilling and distributed fiber optic sensing, to geothermal reservoir development, unlocking geothermal power in previously uneconomic locations and dramatically increasing the resource potential for geothermal globally. The company also uses data analytics and machine learning to optimize the performance and reliability of its geothermal projects.
- Founded: 2017
- Founder(s): Jack Norbeck and Tim Latimer
- Headquarters: Houston, Texas, United States
- Funding: $187M in Private round
32. Gridium
Gridium is a company that provides software tools for energy management and building operations. Gridium helps buildings save energy and finance retrofits, boost sustainability, and streamline operations. Gridium uses data science and machine learning to analyze multiple data streams, such as utility bills, weather, and occupant behavior, and provide insights and diagnostics for building managers.
- Founded: 2010
- Founder(s): Tom Arnold, Adam Stein, and Patrick Maloney
- Headquarters: San Francisco, California, United States
- Funding: $24.7M in Venture – Series Unknown round
33. AlsoEnergy
AlsoEnergy is a company that provides complete solutions for the control, monitoring, and management of solar PV and solar plus storage assets. The company offers a comprehensive energy monitoring and financial management software platform that integrates with third-party applications and enables clean energy portfolio management. AlsoEnergy also provides edge solutions, such as weather sensors, data acquisition systems, on-site SCADA, and controls, for various energy sectors, including utility, commercial and industrial, and aggregated residential.
AlsoEnergy is using technology to advance the clean energy transition and reduce carbon emissions. The company leverages data analytics, automation, and remote control to optimize the performance and profitability of solar energy assets. AlsoEnergy also supports the integration of battery energy storage systems and power plant controllers to enable grid flexibility and reliability. By providing a single platform that delivers exponential value for all energy stakeholders, AlsoEnergy is empowering the energy empowered.
- Founded: 2007
- Founder(s): Holden Caine and Robert Schaefer
- Headquarters: Boulder, Colorado, United States
- Funding: Private Equity round
34. Optimum Energy
Optimum Energy is a software development company that specializes in optimizing heating and cooling systems for buildings, which are the largest consumers of energy. By using advanced technology, cloud-based data analytics, and engineering support, Optimum Energy helps customers save up to 50% of their HVAC energy costs, reduce their carbon footprint and water usage, and improve their operational efficiency and business continuity. Optimum Energy also leverages artificial intelligence, data science, and machine learning to dynamically adjust HVAC system parameters based on real-time conditions and demand.
- Founded: 2005
- Founder(s): Nathan Rothman and Tom Hartman
- Headquarters: Seattle, Washington, United States
- Funding: $40.9M in Venture – Series Unknown round
35. SmarterX
SmarterX is a company that uses computational mathematics and artificial intelligence to provide product intelligence data for retailers and brands. The company helps its clients to comply with complex regulations, optimize operations, reduce waste, and improve sustainability.
- Founded: 2015
- Founder(s): Charlie Vallely and Chris Ripley
- Headquarters: Austin, Texas, United States
- Funding: $65.1M in Series A round
36. Terracycle
TerraCycle is an innovative recycling company that has become a global leader in recycling hard-to-recycle materials. TerraCycle recycles non-recyclable waste such as drink pouches, chip bags, toothbrushes, cigarette butts, and even dirty diapers into various consumer products. TerraCycle also creates platforms that move consumers from disposable, single-use packaging to durable, reusable packaging through its Loop service. TerraCycle uses technology to collect, sort, process, and transform waste into new products and materials.
- Founded: 2001
- Founder(s): Tom Szaky and Jon Beyer
- Headquarters: Trenton, New Jersey, United States
- Funding: $6M, Equity Crowdfunding round
37. Verdani Partners
Verdani Partners is a full-service consulting firm that helps real estate owners and managers create sustainable buildings and communities. Verdani Partners uses technology to advance sustainability in the built environment. The company leverages data analytics, artificial intelligence, and machine learning to optimize energy efficiency, reduce carbon emissions, and enhance ESG performance. Verdani Partners also develops custom software solutions and dashboards to track and report sustainability metrics.
- Founded: 2012
- Founder(s): Daniele Horton
- Headquarters: Carlsbad, California, United States
- Funding: Private
38. Xpansiv
Xpansiv is a company that provides a platform for registering, managing, trading, and reporting data-driven environmental commodities, such as carbon offsets, renewable energy credits, and low-carbon fuels. Xpansiv uses AI, data science, and machine learning to create Digital Feedstock™, a standardized way of attaching ESG attributes to physical commodities.
- Founded: 2016
- Founder(s): Jason Libersky, Jeff Cohen, Joe Madden, Tom Baumann
- Headquarters: San Francisco, California, United States
- Funding: $678.5M, Private Equity round
39. Carbmee
Carbmee is a company that provides an environmental intelligence system for businesses to measure, reduce and report their carbon emissions. Carbmee uses data and science to automate carbon and ESG reporting and help companies achieve their net-zero goals. Carbmee’s solution covers scopes 1, 2, and 3 emissions and is based on international standards.
- Founded: 2021
- Founder(s): Dr. Christian Heinrich, Robin Spickers, Hendrik Beneke
- Headquarters: Berlin, Germany
- Funding: Private
40. Capture
Capture is a Singapore-based company that helps organizations build and engage a planet-friendly workforce. Capture offers a mobile app that acts as a ‘Fitbit for your carbon footprint’, allowing users to track and reduce their carbon emissions from everyday activities. Capture also provides insights and recommendations on how to adopt more sustainable behaviors and lifestyles.
Capture uses data science and machine learning to analyze users’ carbon footprints and provide personalized feedback and nudges. Capture also leverages gamification and social features to motivate users and create a community of climate champions.
- Founded: 2019
- Founder(s): Abdul Aziz and Josie Stoker
- Headquarters: Berlin, Germany
- Funding: $100K in Pre-Seed round
41. Logicladder
LogicLadder is a company that provides software solutions for enterprises and governments to manage and achieve net zero goals. Net zero is the responsibility to reduce the environmental footprint of emissions, pollutants, water use, and waste. LogicLadder’s software platform, The Sustainability Cloud, helps customers capture, monitor, and leverage energy, environment, and water data on a unified platform and get actionable insights.
The company uses artificial intelligence, data science, and machine learning to analyze the data and provide recommendations for improving efficiency and reducing costs.
LogicLadder has over 900 customers across various sectors and regions and has managed over 83 million tons of CO2 equivalent emissions, 35.6 GWh of energy, and 102 million cubic meters of water.
- Founded: 2011
- Founder(s): Mayank Chauhan and Atindra Chandel
- Headquarters: Gurgaon, Haryana, India
- Funding: $275K in Angel round
42. Treepoints
Treepoints is a company that uses technology to help individuals and businesses reduce their carbon footprint and support environmental projects.
Treepoints offers a platform that allows users to measure, offset and reduce their carbon emissions by supporting tree planting and renewable energy projects around the world. The platform also rewards users with points that can be redeemed for discounts and offers from sustainable brands and partners.
Treepoints uses data science and machine learning to calculate the carbon impact of different activities and to recommend the best projects to support based on their cost-effectiveness, transparency and social impact.
- Founded: 2020
- Founder(s): James D’Souza and Alex Farrant
- Headquarters: London, UK
- Funding: €150K in Pre-Seed round
43. Rvolt
Rvolt is a startup that aims to help consumers reduce their carbon footprint by gamifying their energy consumption. Rvolt offers an app that allows users to earn points and rewards for engaging in low-carbon activities, such as using renewable energy, adjusting their thermostats, or taking public transportation. Users can also see the impact of their actions on a virtual planet that they take care of.
Rvolt uses artificial intelligence, data science, and machine learning to analyze energy demand and supply patterns and to provide personalized challenges and feedback to users. Rvolt also works with energy providers and grid operators to optimize the integration of renewable energy sources and to balance the grid.
- Founded: 2019
- Founder(s): Ashish Bagri
- Headquarters: Berlin, Germany
- Funding: €1.5 in Seed round
44. Planetly
Planetly is a software company that provides businesses with the tools and technology needed to lead their companies into a net-zero future. Planetly helps customers calculate their corporate carbon footprint across scopes 1, 2, and 3, set ambitious reduction targets, and offset emissions that they cannot yet reduce or avoid by supporting certified projects. Planetly also offers an ESG Portfolio Manager for financial investors to implement ESG reporting and management.
Planetly uses artificial intelligence, data science, and machine learning to automate the carbon calculation process and provide insights and recommendations for emission reduction actions. Planetly’s calculation methodology has been certified by TÜV Rheinland and Planetly is an accredited partner of the CDP (Carbon Disclosure Project).
- Founded: 2019
- Founder(s): Anna Alex and Benedikt Franke
- Headquarters: Berlin, Germany
- Funding: €5.2M in Venture – Series Unknown round
45. Plan A
Plan A is a GreenTech company that develops a carbon quantification platform to measure, monitor, and reduce environmental footprint. The platform uses machine learning and science to help companies improve their carbon and ESG performance.
- Founded: 2019
- Founder(s): Lubomila Jordanova and Nathan Bonnisseau
- Headquarters: Berlin, Germany
- Funding: $15M in Series A round
46. Sweep
Sweep is a software company that helps businesses track and act on carbon and ESG data across their entire value chain. Using data intelligence and automation, it enables data exchange and collaborative action between stakeholders (employees, portfolio companies, and suppliers) – helping them become Forever Companies.
- Founded: 2020
- Founder(s): Rachel Delacour, Raphael Guller and Yannick Chaze
- Headquaters: Montpellier, Languedoc-Roussillon, France
- Funding: Private
47. CarbonCloud
CarbonCloud is a Swedish food-tech startup that provides a web-based SaaS solution to calculate and communicate the climate footprints of food products and production processes. CarbonCloud helps food producers, retailers, and brands to measure their emissions with accuracy, reduce their environmental impact, and share their climate performance with stakeholders. CarbonCloud also enables the food industry to comply with sustainability reporting frameworks and standards.
- Founded: 2019
- Founder(s): David Bryngelsson
- Headquarters: Gothenburg, Sweden
- Funding: $13.9M in Series A round
48. AiDash
AiDash is a company that uses satellite imagery and artificial intelligence (AI) to help industries with geographically distributed assets optimize their operations, maintenance, and sustainability. One of its products, the Intelligent Sustainability Management System (ISMS), enables customers to monitor and reduce their carbon footprint by using AI models to measure and report greenhouse gas emissions, carbon sequestration, and energy consumption.
- Founded: 2017
- Founder(s): Abhishek Vinod Singh, Rahul Saxena, and Nitish Agrawal
- Headquarters: Santa Clara, California, United States
- Funding: $43M, Private round
49. Aither
Aither is a company that provides environmental commodities and services to help clients achieve their sustainability goals. Aither specializes in carbon trading, renewable energy, climate solutions, and project development. Aither helps clients comply with various emission trading schemes, such as the EU ETS, CH ETS, and UK ETS, as well as achieve carbon neutrality and the UN sustainable development goals. Aither also offers renewable certificates from various sources, such as wind, solar, hydro, and biomass. Aither develops and finance national and international projects that aim to curb greenhouse gas emissions, benefit communities, and improve economies. Aither uses data and analytics to measure impacts, assess risks, and provide vital information to stakeholders.
- Founded: 2009
- Founder(s): Marco Wunderlich and Fabio Nossa
- Headquarters: Lugano, Switzerland
- Funding: $10M
50. AirCarbon Exchange (ACX)
AirCarbon Exchange (ACX) is a Singapore-based exchange that uses blockchain technology to securitize carbon credits into digital tokens that can be traded on a global marketplace. ACX aims to accelerate the efficiency and transparency of carbon trading and to support carbon reduction projects around the world.
- Founded: 2019
- Founder(s): William Pazos and Thomas McMahon
- Headquarters: Singapore
- Funding: $18.6M, Convertible Note round
Conclusion
Reducing carbon footprint is an essential task for individuals and organizations around the world. There are many ways to reduce carbon footprint, and technology has been at the forefront of this effort. In this article, we have looked at 50 leading technology carbon footprint reduction, monitoring, and management companies. These companies are developing innovative solutions to help individuals and organizations reduce their carbon footprint and create a more sustainable future. By adopting these solutions, we can all play a role in creating a better world for future generations.
We hope that this article has been informative and useful. If you would like to learn more about carbon footprint reduction, monitoring, and management, or if you would like to explore solutions for your business, please feel free to contact us. We would be happy to help you find the right solutions for your specific needs.