Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights. This time, you get to discover 5 hand-picked startups working towards the United Nation’s Sustainable Development Goal #13 – Climate Action.
Global Startup Heat Map highlights 5 Top Startups taking Climate Action out of 540
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 540 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 535 climate action solutions, get in touch.
CHOOSE develops Digital Tools for Climate Action
The effects of climate change are already visible, with far-reaching consequences for public health, environment, and cities. To mitigate this, businesses and smart cities are adopting climate action plans. These plans implement evidence-based measures to mitigate greenhouse gas (GHG) emissions. Startups are working on digital technologies to aid the fight against climate change.
Norwegian startup CHOOOSE offers digital tools for climate action. It enables companies to compensate their carbon footprint from key operations and business trips as well as employee perks. The CHOOSE CONNECT platform integrates high-impact climate compensation options in a comprehensive solution. For individuals, the startup offers climate subscriptions, travel carbon offsetting, and a footprint reduction guide, among other features.
Futureproofed provides Emissions Tracking Solutions
To reduce GHG emissions, it is first imperative to know which activities contribute the most emissions. This is why climate action startups offer solutions to track emissions in different industries. For instance, in the energy sector, real-time emissions data provides a granular view of energy production and consumption. This, in turn, increases energy efficiency and the transparency of emission reduction efforts.
Futureproofed is a Belgian startup developing emissions tracking solutions to help fight climate change. FutureproofedCities tracks past and projected emissions, as well as offers solutions for carbon mitigation and adaptation. It also publishes a web dashboard to help cities engage citizens with climate actions, measures, and progress. The startup’s solution helps cities put their climate action plans in motion and learn from other cities and municipalities.
trace offers Carbon Offsetting Solutions
As part of climate action plans, cities or countries place an upper limit on carbon footprint for each company. Carbon offsetting allows businesses that exceed this limit to purchase carbon credits from those with surplus allowances. Startups offer a range of carbon offsetting solutions to meet different needs. These solutions fund sustainable projects around the world, including, for example, carbon mitigation via reforestation.
Australian startup trace provides carbon offsetting solutions to help consumers and brands become climate positive. It runs employee engagement campaigns to help businesses train their employees to reduce and offset their carbon. It also calculates the carbon footprint of supply chain and operational activities. For every tonne of carbon dioxide offset, trace procures one certified carbon credit.
Poseidon enables Consumer Powered Climate Balance
While large businesses produce a disproportionately high amount of emissions, those from small businesses or individuals are also significant. Particularly in richer countries, things like air conditioning and flights mean that the consumer carbon footprint is large. However, there has recently been a growing awareness of climate change and initiatives to mitigate it. This is why startups now offer carbon offsetting to individual customers, helping them balance their carbon footprint.
Singaporean startup Poseidon enables consumer powered climate balance by focusing on everyday actions. The startup’s solution, reduce, uses Artificial Intelligence and blockchain to analyze the carbon footprint of any product or service. It then purchases an equivalent amount of carbon credits, rebalancing the carbon impact of the product. The startup supports projects in forest conservation, reforestation, and sustainable agriculture.
Beyond Transitions creates Climate Finance Services
The FinTech industry plays a crucial role in tackling climate change. Governments and businesses leverage different financial instruments to subsidize climate action at all levels. Climate finance promotes low-carbon development and helps local communities avoid the impact of climate change. Startups are working on innovative climate finance services to further tackle climate change.
Beyond Transitions is a Swedish startup facilitating access to climate finance. It performs policy, market, and energy systems analysis to determine the economic challenges, regulatory barriers, and other challenges to the low-carbon energy transition. It also promotes decentralization and community-led efforts to enable the democratization of energy systems. Lastly, by providing access to sustainable financial investments, it brings together energy and climate action plans.
Discover more startups
Startups such as the examples highlighted in this report focus on zero poverty and hunger as well as clean water & sanitation. While all of these technologies play a major role in advancing the UN’s SDGs, they only represent the tip of the iceberg. To explore more technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Innovation Report to save your time and improve strategic decision-making.