{"id":24087,"date":"2021-04-29T05:26:27","date_gmt":"2021-04-29T05:26:27","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/boasting-a-pedigree-in-business-intelligence-sweep-launches-a-new-carbon-accounting-and-offset-tool.html"},"modified":"2021-04-29T05:26:27","modified_gmt":"2021-04-29T05:26:27","slug":"boasting-a-pedigree-in-business-intelligence-sweep-launches-a-new-carbon-accounting-and-offset-tool","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/boasting-a-pedigree-in-business-intelligence-sweep-launches-a-new-carbon-accounting-and-offset-tool.html","title":{"rendered":"Boasting a pedigree in business intelligence, Sweep launches a new carbon accounting and offset tool"},"content":{"rendered":"

If businesses are going to meet their increasingly aggressive targets for reducing the greenhouse gas emissions associated with their operations, they\u2019re going to have to have an accurate picture of just what those emissions look like. To get that picture, companies are increasingly turning to businesses like Sweep<\/a>, which announced its commercial launch today.<\/p>\n

The Parisian company boasts a founding team with an impeccable pedigree in enterprise software. Co-founders Rachel Delacour and Nicolas Raspal were the co-founders of BIME Analytics, which was acquired by Zendesk<\/a>. And together with Zendesk colleagues Raphael G\u00fcller and Yannick Chaze, and the founder of the Net Zero Initiative, Renaud Bettin, they\u2019ve created a software toolkit that gives companies a visually elegant view into not just a company\u2019s own carbon emissions, but those of their suppliers as well.<\/p>\n

It\u2019s the background of the team that first attracted investors like Pia d\u2019Iribarne, co-founder and managing partner, New Wave<\/a>, which made their first climate-focused investment into the software developer.\u00a0<\/p>\n

\u201cWe decided to invest before we even closed the fund,\u201d d\u2019Iribarne said of the investment in Sweep. \u201cWe officially invested in December or January.\u201d<\/span><\/p>\n

New Wave wasn\u2019t the only investor wowed by the company\u2019s prospects. The new European climate-focused investment firm 2050<\/a>, and\u00a0La Famiglia<\/a>, a fund with strong ties to big European industrial companies, also participated alongside several undisclosed angel investors from the Bay Area. In all Sweep raked in $5 million for its product before it had even launched a beta.<\/p>\n

Sweep offers users the ability to visualize each location of a company\u2019s business by brand, location, product or division and see how those different granular operations contribute to a company\u2019s overall carbon footprint. Users can also link those nodes to external suppliers and distributors to share carbon data.\u00a0<\/p>\n

The effects of climate change are increasing, and companies across industries are motivated to do their part. But today\u2019s carbon reduction efforts are being stalled by complex tools and resources that can\u2019t match the urgency of the threat. By putting automation, connectivity and collaboration at the heart of the platform, Sweep is the first to offer companies an efficient mechanism to tackle their indirect Scope 3 emissions, and turn net zero from a buzzword into a reality.\u00a0<\/p>\n

Like the other companies that have come on the market with carbon monitoring and management solutions, Sweep also offers the ability to finance offset projects directly from its platform. And, like those other companies, Sweep\u2019s offsets are primarily in the forestry space.\u00a0\u00a0\u00a0<\/p>\n

\u201cAround the world, companies are under pressure from customers, investors and regulators to take action to reduce their emissions,\u201d said Pia d\u2019Iribarne in a statement. \u201cAs a result, we\u2019re seeing unprecedented growth in the climate technology market and we expect it to continue to explode. What used to be an issue confined to a company\u2019s sustainability team is now a front-and-center business objective that has the commitment of the CEO. We invested in Sweep because of their world-class expertise in sustainability and their success in developing state-of-the-art, end-to-end SaaS platforms. It\u2019s the right team and the right product at the right time.\u201d<\/p>\n

\n

Corporate sustainability initiatives may open doors for carbon offset startups<\/a><\/p>\n<\/blockquote>\n

\n

Article source: https:\/\/techcrunch.com\/2021\/04\/28\/boasting-a-pedigree-in-business-intelligence-sweep-launches-a-new-carbon-accounting-and-offset-tool\/<\/p>","protected":false},"excerpt":{"rendered":"

If businesses are going to meet their increasingly aggressive targets for reducing the greenhouse gas emissions associated with their operations, they\u2019re going to have to have an accurate picture of <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[17],"tags":[23],"class_list":["post-24087","post","type-post","status-publish","format-standard","hentry","category-networking-and-communication","tag-network-and-communication"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t