Company Research Report: Planet FWD

Company Overview

• Name: Planet FWD

• Mission: To guide companies in achieving Net Zero emissions by making it easier for them to improve their environmental impact and support a healthy planet through their software solutions.

• Founder: Julia Collins

• Key People:

• Julia Collins, Founder and CEO

• Charlie Quann, Head of Corporate Reporting and Decarbonization

• Naomi Laporte, Head of Marketing

• Headquarters: No information is available.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: As a leading decarbonization platform specifically catering to consumer companies, Planet FWD is known for its extensive work with food and beverage companies, offering detailed product lifecycle assessments and a comprehensive inventory of Scope 1, 2, and 3 emissions. Their platform simplifies the process of measuring and reducing carbon footprints significantly below industry averages.

Products

Product Life Cycle Assessments

• Description: Measures the footprint of products using best-in-class software.

• Key Features:

• Speed and credibility of climate experts.

• Granular insights across entire product lifecycles including materials, packaging, distribution, and end-of-life.

Corporate Inventory

• Description: Measure company’s Scope 1, 2, and 3 emissions aligned with GHG protocol.

• Key Features:

• Enhanced accuracy.

• Comprehensive visibility and reporting capabilities.

Scope 3 Decarbonization

• Description: Offers comprehensive insights into supply chain emissions and pathways to Net Zero.

• Key Features:

• Supplier-level insights.

• Scenario analysis for prioritized actions and impact measurement.

Additional Capabilities

• Supplier Engagement: Collects, centralizes, and analyzes emission data from supply chain partners.

• Carbon Labeling: Assists with transparent communication of product emissions through labels.

• Compliance and Impact Reporting: Supports regulatory adherence and impactful sustainability claims.

Recent Developments

AI-Powered Decarbonization Platform for Food Industry

• Description: Launched a specialized AI-driven decarbonization platform targeted at the food and beverage industry, empowering global food companies to tackle significant greenhouse gas emissions attributed to the sector.

• Partners: Compass Group, Rodelle (ADM company), Blue Apron, and Patagonia Provisions.

Case Studies and Business Impact

1. Just Salad:

• Launched a Climatarian menu using carbon footprints calculated by Planet FWD which led to a week-over-week sales increase by 10%.

2. Ritual:

• Achieved ingredient traceability and utilized product lifecycle assessments to reduce carbon footprint effectively, leading to better consumer trust and increased sales.

3. Numi Organic Tea:

• Partnered to accurately represent their carbon footprint through comprehensive life cycle assessments, enabling Carbon Neutral certification.

New Partnerships

• Moonshot and Patagonia Provisions: Moonshot utilized Planet FWD’s tools to effectively measure and communicate their supply chain emissions, leading to a notable partnership with Patagonia Provisions.

Regulatory Compliance and Support

• Guide on Global Regulations: Released a comprehensive guide for apparel, footwear, and textile companies to navigate new global compliance standards such as the EU's Ecodesign for Sustainable Products Regulation and the New York Fashion Act.

• Supplier Engagement Tools: Enhanced tools for supplier collaboration and data integration to ease the burden on companies facing new regulatory demands in carbon emissions reporting.

In conclusion, Planet FWD is focusing on empowering consumer companies with the necessary tools and insights to significantly reduce their carbon footprints and achieve sustainability goals efficiently.