- Who We Are
- How We Work
Who We Are
TrackCarbon is a software company for sustainability data management of supply chains. We are a social enterprise dedicated to helping public sector bodies and companies transition to low carbon businesses through effective management of their supply chain emissions. We help companies to:
to comply with the UK’s Energy and Carbon Report regulations 2018 as part of the GHG Protocol, by enforcing data quality and accuracy in calculating scope 3 emissions.
track and calculate their emissions from purchased goods and services, category 1 emissions under scope 3.
track and calculate emissions from transportation and distribution of goods purchased, category 4 emissions.
Track Carbon was born from an independent research project initiated in 2014 by our founder, to commence research and contribute effort to the sustainable prosperity agenda; an agenda which seeks to promote economic growth via the means of sustainable practice.
The research initiative was further developed in October 2019, with a commitment to helping UK-based businesses transition from carbon intensive to low carbon businesses. Through our work with the London School of Economics Innovation team LSE Innovation we were able to focus the core of our service offerings on the market-driven need to help businesses to means to retrieve quality sustainability data on their supply chains end-to-end processes.
Having won the LSE's Lean Accelerator Award for early-stage entrepreneurs in November 2020, our consultancy has focused on delivering an outstanding level of research and a robust tool for scope 3 emissions management.
How We Work
We help companies to respond to climate disclosure requirements by providing a dynamic data management platform which;
simplifies and consolidates data so that it is ready for external disclosure.
provides interactive use of dashboards to visualise and monitor emissions data.
facilitates a timely and responsive approach to reducing emissions via a robust yearly reduction plan based on your industry, chosen business activity metric, and guided by UK’s Nationally Determined Contribution (NDC) under the 2015 Paris Agreement.
manages and reports climate-related transition risks & opportunities as part of your financial disclosure requirement under the Taskforce on Climate-related Financial Disclosures (TCFD) & International Sustainability Standards Board (ISSB).
The UK government has committed to national reduction targets to meet the Paris Agreement to become net-zero emitters by 2050, and this requires all businesses across all industries to take action. We will help your business become carbon neutral or better by 2050.
Lenders, insurers and investors are increasingly concerned by the lack of financial disclosures or analysis of risks inherent to businesses upon the inevitable shift from high carbon assets and practices to a lower carbon economy. How do you overcome this as a business and provide assurance to these groups?
In line with TCFD's framework for Financial Disclosure of Climate-related Risks in annual reports, Track Carbon has focused on helping businesses understand how financial materiality of climate risks can be incorporated into financial statements. Primarily we build on the recommendations of the IFRS Foundation, IASB and CDSB to offer a route to understanding and implementing climate-related matters into accounting.