Envirly by Quantifier: Comprehensive Company Profile

Background

Company Overview

Envirly, established in 2020 and headquartered in Lublin, Poland, is a technology company specializing in sustainability management solutions. The company offers an innovative platform that enables organizations to monitor and manage their carbon footprint and environmental impact effectively. Envirly's mission is to support businesses in achieving sustainable development by providing tools for continuous environmental impact analysis, non-financial reporting, and decarbonization initiatives, thereby facilitating a green transformation with positive economic returns.

Key Strategic Focus

Core Objectives and Specialization

Envirly focuses on delivering comprehensive Environmental, Social, and Governance (ESG) solutions through its platform, which automates tasks such as carbon footprint calculations and non-financial report generation. The company's strategic objectives include:

Carbon Footprint Management: Assisting organizations in aggregating data and monitoring emissions across Scopes 1, 2, and 3 in compliance with the GHG Protocol and ISO 14064 standards.

ESG Reporting: Facilitating non-financial reporting aligned with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS).

Product Environmental Footprint (LCA): Estimating the environmental impact of products and enabling responses to contractor inquiries.

Training and Consultation: Providing up-to-date ESG knowledge for managers and employees to foster a culture of sustainability within organizations.

Primary Markets

Envirly targets a diverse range of clients, including:

Corporations: Offering comprehensive management tools for large enterprises.

Small and Medium-sized Enterprises (SMEs): Streamlining ESG processes for smaller businesses.

Supply Chain Companies: Assisting organizations in managing and reporting sustainability metrics throughout their supply chains.

International Companies and Exporters: Supporting global businesses in adhering to international sustainability standards and regulations.

Financials and Funding

Funding History

Envirly has secured significant funding to support its growth and technological development:

November 2023: The company raised 6 million PLN (approximately €1.3 million) in a funding round led by Bank BNP Paribas, with participation from Tangent Line VC, Aligo VC, and four private investors. The capital is intended for technology development and team expansion.

Utilization of Capital

The funds are allocated towards:

Enhancing the technological capabilities of the Envirly platform.

Expanding the team to support increased demand and market expansion.

Developing new features and modules to address evolving client needs and regulatory requirements.

Pipeline Development

Product and Service Enhancements

Envirly is continually developing its platform to include:

Advanced Data Aggregation: Improving the automation of data collection and management for more accurate carbon footprint calculations.

Emission Reduction Planning: Providing intelligent reduction tips and strategies to minimize environmental impact.

Comprehensive ESG Reporting Tools: Enabling the generation of detailed ESG reports to demonstrate a company's commitment to sustainability.

Anticipated Milestones

2025: Full integration of new modules for product carbon footprint analysis and enhanced ESG reporting features.

2026: Expansion into additional European markets to support a broader range of clients in their sustainability efforts.

Technological Platform and Innovation

Proprietary Technologies

Envirly's platform stands out due to its:

Automation of Carbon Footprint Calculations: Utilizing mathematical methods and Monte Carlo simulations to automate the process of calculating a product's carbon footprint.

AI-Driven Capabilities: Implementing artificial intelligence to provide intelligent reduction tips and optimize sustainability strategies.

Scientific Methodologies

The platform adheres to recognized standards and methodologies, including:

GHG Protocol: Ensuring comprehensive accounting and reporting of greenhouse gas emissions.

ISO 14064 and ISO 14067: Providing frameworks for quantifying and reporting greenhouse gas emissions and removals.

CSRD and ESRS Compliance: Aligning with European Union directives and standards for sustainability reporting.

Leadership Team

Key Executives

Mateusz Masiak, CEO: Leads the strategic direction and overall management of Envirly, bringing extensive experience in sustainability and technology.

Monika Borowiecka, Managing Partner: Oversees business operations and partnerships, ensuring alignment with the company's mission and objectives.

Nina Wieretilo, Founder: Instrumental in the establishment and development of Envirly, focusing on innovation and product development.

Leadership Changes

As of the latest available information, there have been no significant recent changes or appointments within Envirly's leadership team.

Competitor Profile

Market Insights and Dynamics

The sustainability management and ESG reporting market is experiencing significant growth due to increasing regulatory requirements and corporate commitments to environmental responsibility. The implementation of the CSRD and other regulations has heightened the demand for comprehensive ESG solutions.

Competitor Analysis

Key competitors in the market include:

Semtrio Sustainability (Turkey): Provides comprehensive sustainability reporting and consulting services, including carbon footprint calculations and water footprint assessments.

APLANET (Spain): Offers advanced ESG technology designed to integrate sustainability into business operations, enabling companies to organize, measure, analyze, and report on ESG data.

Pulsora (USA): Provides a platform for organizations to measure, report, and improve their enterprise sustainability management initiatives.

Strategic Collaborations and Partnerships

Significant Partnerships

Crowe Poland: In May 2024, Envirly partnered with Crowe Poland to offer businesses a comprehensive suite of ESG solutions, combining Crowe's strategic advisory services with Envirly's technology platform.

4F (OTCF S.A.): In December 2023, Envirly became the technology partner for 4F, a leading apparel brand, to measure carbon footprints and manage ESG reporting, facilitating compliance with upcoming CSRD regulations.

Bank BNP Paribas: Envirly collaborated with BNP Paribas to provide carbon footprint measurement tools to the bank's business clients, enhancing their sustainability reporting capabilities.

Operational Insights

Competitive Advantages

Envirly differentiates itself through:

Comprehensive Automation: Offering a platform that automates complex processes like carbon footprint calculation and ESG reporting, reducing the need for manual input and expertise.

Regulatory Compliance: Ensuring that clients' sustainability reporting aligns with current and upcoming regulations, such as the CSRD and ESRS.

User-Friendly Interface: Providing an intuitive platform that caters to organizations of varying sizes and industries, facilitating widespread adoption.

Strategic Opportunities and Future Directions

Strategic Roadmap

Envirly aims to:

Expand Market Presence: Enter new European markets to support a broader range of clients in their sustainability efforts.

Enhance Platform Capabilities: Develop additional features and modules to address evolving client needs and regulatory requirements.

Strengthen Partnerships: Forge new collaborations with industry leaders to enhance service offerings and market reach.

Future Business Directions

Focus on SMEs: Tailor solutions to meet the specific needs of small and medium-sized enterprises, a segment increasingly affected by sustainability regulations.

Integration with Financial Services: Collaborate with financial institutions to embed sustainability metrics into financial decision-making processes.