Who We Are
TrackCarbon provides a supply chain emissions management software for buyers and procurement specialists in public sector and retail organisations. We are dedicated to helping these actors track and accurately measure emissions from procured goods and services at product level. The power of accurate, product level data transcends high level spend-based estimates. Knowing the exact amount of CO2e emissions generated during production and transportation of goods, rather than high level spend estimates, will allow for robust, viable transition plans. Providing your business with credible, accurate and granular data will allow for better purchase choices, and decision-making. We provide product-level data for goods in 5 key sectors. 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.
Discern insights into the data, with product recommendations and reduction plans.
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 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 business has focused on delivering an outstanding level of research data and a robust tool for scope 3 emissions management.
We currently cover 5 key sectors, for products that we see as most prevalent within supply chains of buyers situated within the public sector, and retail business.
5 key sectors; 14 sub-sectors
Paper and Pulp: Paper, Board, Mixed
Consumables: Food and Beverages, Books
Electronics: ICT, Refrigeration, Batteries
Construction: Steel, Cement, Plasterboard, Aluminium, Bricks
Chemicals: Cleaning Agents: Solvents & Surfactants
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.