Abatable Company Profile

Background

Overview

Abatable is a London-based company founded in 2021, specializing in carbon procurement and market intelligence solutions. The company aims to empower organizations to build a thriving future for climate, nature, and people by providing transparent and competitive carbon credit solutions.

Mission and Vision

Abatable's mission is to enable all organizations to build a thriving future for climate, nature, and people. Their vision is to bridge the gap between climate ambition and action, helping companies navigate the complexities of the voluntary carbon markets and develop credible, effective, and transparent carbon strategies.

Primary Area of Focus

The company focuses on carbon credit procurement, market intelligence, and advisory services, assisting businesses in sourcing, evaluating, and implementing high-quality carbon projects. Their services are designed to support organizations in achieving their net-zero goals through diversified portfolios of trusted carbon offsets.

Industry Significance

Abatable plays a crucial role in the voluntary carbon market by enhancing transparency, quality, and efficiency in carbon credit procurement. Their expertise and technology-driven solutions contribute to scaling carbon removal solutions and aligning corporate actions with the 1.5°C Paris Agreement goal.

Key Strategic Focus

Core Objectives

Carbon Credit Procurement: Source, evaluate, and deliver high-quality carbon projects tailored to clients' portfolios.

Market Intelligence: Provide benchmarking, price trends, and policy alerts to keep clients informed about the voluntary carbon market.

Advisory Services: Offer strategy workshops, custom research, and ongoing consultations to shape and validate clients' carbon strategies.

Specific Areas of Specialization

Carbon Sourcing: Assist clients in identifying and procuring suitable carbon projects.

Market Intelligence: Deliver insights into market trends, pricing, and policy developments.

Advisory Services: Provide expert guidance on carbon strategy development and implementation.

Key Technologies Utilized

AI-Powered Technology: Utilize artificial intelligence to analyze market data and provide actionable insights.

Proprietary Platforms: Develop and maintain platforms that streamline carbon credit sourcing, procurement, and monitoring.

Primary Markets or Conditions Targeted

Abatable primarily targets organizations seeking to offset hard-to-abate emissions through high-quality carbon credits. Their services cater to businesses aiming to achieve net-zero goals and enhance their sustainability strategies.

Financials and Funding

Funding History

Abatable has raised a total of $13.5 million in its Series A funding round, led by Azora.

Utilization of Capital

The capital raised is intended to support Abatable's expansion into new markets, enhance their technological platforms, and further develop their carbon procurement and market intelligence services.

Pipeline Development

Key Pipeline Candidates

Abatable's pipeline includes a diverse range of carbon projects, focusing on both nature-based solutions and technology-based removal solutions. They evaluate projects based on quality, additionality, permanence, leakage, community impact, biodiversity, and financial integrity.

Stages of Development

Abatable is involved in various stages of project development, from sourcing and evaluation to financing and implementation. They work closely with carbon project developers to support the scaling of carbon removal solutions.

Target Conditions

The company targets hard-to-abate emissions across various industries, assisting organizations in achieving their net-zero goals through credible and effective carbon offsetting strategies.

Anticipated Milestones

Abatable aims to expand its presence in the Asia-Pacific region, with a new office in Singapore serving as the APAC headquarters. This expansion is expected to enhance their ability to support regional businesses in developing and implementing comprehensive carbon credit procurement strategies.

Technological Platform and Innovation

Proprietary Technologies

Abatable Intelligence Platform: A cloud-based solution that aggregates and evaluates carbon project information across registries, methodologies, geographies, and project types, enabling organizations to assess quality, compare suppliers, and manage procurement risk.

Significant Scientific Methods

AI-Powered Analytics: Utilize artificial intelligence to analyze market data, providing actionable insights and supporting decision-making processes.

Leadership Team

Maria Eugenia Filmanovic: Co-Founder

Professional Background: Former VP at Goldman Sachs, advising large companies on forestry investments and carbon procurement.

Role at Abatable: Co-founder, leading strategic initiatives and business development.

Valerio Magliulo: Co-Founder

Professional Background: Product Manager at Monzo, Google, and Facebook.

Role at Abatable: Co-founder, overseeing product development and technological innovation.

Bryan McCann: Head of Carbon Solutions APAC

Professional Background: Senior Director at Climate Impact X; key architect of the LEAF Coalition, raising over $1 billion for forest protection.

Role at Abatable: Leading business development efforts in the Asia-Pacific region.

Competitor Profile

Market Insights and Dynamics

The voluntary carbon market is experiencing significant growth, driven by increasing corporate commitments to net-zero emissions and the need for credible carbon offsetting solutions. This growth presents opportunities for companies like Abatable to expand their services and impact.

Competitor Analysis

Abatable operates in a competitive landscape with several key players offering similar services in carbon procurement and market intelligence. The company's focus on transparency, quality, and efficiency differentiates it from competitors.

Strategic Collaborations and Partnerships

Abatable has established partnerships with various organizations to enhance its market position and innovation capacity. Notably, they have partnered with the Olympic Games Paris 2024 to deliver a lasting climate legacy.

Operational Insights

Abatable's strategic considerations include expanding into new markets, such as the Asia-Pacific region, to tap into growing demand for carbon credit solutions. Their technological platforms and advisory services provide distinct competitive advantages in the voluntary carbon market.

Strategic Opportunities and Future Directions

Abatable's strategic roadmap includes further international expansion, particularly in the Asia-Pacific region, to support global corporate sustainability efforts. Their strengths in technology and market intelligence position them well to capitalize on emerging opportunities in the carbon market.