ClimateChoice Company Profile

Background

ClimateChoice is a Berlin-based company founded in 2020, specializing in climate intelligence solutions aimed at decarbonizing companies and their supply chains. The company's mission is to empower businesses to transition to a low-carbon economy through data-driven collaboration and informed climate decisions. ClimateChoice's vision is to enable companies and their supply chains worldwide to achieve climate targets through collaborative efforts and transparent data.

Key Strategic Focus

ClimateChoice focuses on providing an AI-powered Climate Intelligence Platform designed to assist procurement and climate teams in accelerating Scope 3 decarbonization. The platform automates data acquisition and monitoring, enabling companies to assess climate performance, identify actionable areas, and make climate-conscious decisions across their supply chains.

Financials and Funding

In March 2023, ClimateChoice secured a $2 million pre-seed funding round led by Gutter Capital. The investment is intended to further develop and scale the capabilities of its proprietary Climate Intelligence Platform.

Technological Platform and Innovation

ClimateChoice's platform leverages artificial intelligence to streamline climate data acquisition and supplier engagement. By processing extensive data points per supplier, the platform generates individual ClimateChoice Scorecards, assessing performance across dimensions such as CO2 emissions, emission trends, climate targets, strategy and governance, and decarbonization efforts. This approach enables companies to make data-driven decisions, select high-performing suppliers, and support underperforming ones to improve, thereby embedding climate-smart choices into procurement processes.

Leadership Team

Yasha Tarani, Co-Founder & Chief Executive Officer: Responsible for business development, finance, and sales. Previously led resmio.com as Founder & CEO.

Lara Obst, Co-Founder & Chief Climate Officer: Oversees operations, sustainability, and communications. Brings over 15 years of experience in the climate and innovation sector.

Dr. Rey Farhan, Co-Founder & Chief Data Scientist: Leads product and data initiatives. Holds a PhD in Bioinformatics and has experience as a Data Scientist at PwC and SoundCloud.

Steven Hein, Product Manager: Manages product development with over 10 years of experience in IT and a background in bioengineering.

Josepha Niebelschütz, Growth Marketing Lead: Drives climate transformation through B2B marketing strategies, with a background in supply chain management, marketing, and sales.

Shramana Thakur, Product Engineer: Responsible for backend system development and maintenance, with a background in physics and computer science.

Isabelle Fischer, Operations Manager: Manages people and the Scope 3 Action Group, with a background in psychology and organizational consulting.

Christos Atzinas, Product Engineer: Focuses on frontend web development, holding a diploma in product and systems design engineering.

Rafael Savastürk, Product Engineer: Develops and maintains backend systems.

Competitor Profile

Market Insights and Dynamics

The climate intelligence and supply chain decarbonization market is experiencing significant growth, driven by increasing regulatory requirements and corporate commitments to sustainability. Companies are seeking solutions to measure, manage, and reduce their carbon footprints, particularly within complex supply chains.

Competitor Analysis

Key competitors in the climate intelligence and supply chain decarbonization space include:

natific: Provides digital color technology solutions in the textile industry, focusing on supply chain optimization.

Greycon: Offers supply chain planning and optimization services, specializing in industries such as paper, printing, and plastics.

ProCat: Develops scanning solutions for distribution centers, enhancing supply chain efficiency.

Log-hub: Provides supply chain solutions, including network optimization and inventory management.

Strategic Collaborations and Partnerships

ClimateChoice has established significant partnerships to enhance its market position and innovation capacity:

Lenovo: Collaborated on the GHG Emissions & Strategy Community Benchmarking program, enabling partners to share emissions data securely and benchmark climate performance.

O2 Telefónica: Utilized ClimateChoice's platform to create transparency about CO2 emissions along its supply chain, collecting climate-focused data from around 1,000 suppliers.

Operational Insights

ClimateChoice differentiates itself through its AI-driven platform that automates data collection and analysis, providing actionable insights for supply chain decarbonization. This technological edge, combined with strategic partnerships, positions the company favorably in the competitive landscape.

Strategic Opportunities and Future Directions

With the increasing emphasis on sustainability and regulatory compliance, ClimateChoice is well-positioned to expand its offerings and enter new markets. The company's focus on AI-driven solutions and strategic collaborations provides a strong foundation for future growth and impact in supply chain decarbonization.