Terrascope is a company specializing in environmental services, particularly focusing on carbon measurement and management solutions. Founded in 2021 and headquartered in Singapore, Terrascope has rapidly expanded its operations and offerings to assist enterprises in achieving their net-zero targets.
Company Overview
- Founding and Headquarters: Established in 2021, Terrascope operates from its headquarters in Singapore.
- Employee Strength: As of 2024, the company employs approximately 109 individuals.
- Leadership:
- CEO: Maya Hari
- Co-Founder & COO: Philip Man
- Chief Customer and Commercial Officer: Felipe Daguila
- Investors: Terrascope has received backing from entities such as the Olam Group and the Plug and Play Tech Center.
Product and Services
Terrascope offers a comprehensive decarbonization platform that enables companies to measure, manage, and reduce greenhouse gas emissions. Leveraging artificial intelligence, machine learning, and sustainability expertise, the platform provides detailed insights into Scope 1, 2, and 3 emissions. This empowers businesses to make informed decisions and implement effective strategies for emission reduction.
Market Expansion
In September 2024, Terrascope announced its formal entry into the U.S. market, marking its third major expansion since its inception. This move aims to bring its decarbonization solutions to one of the world's largest markets, reinforcing its mission to assist enterprises in the agri-food, retail, and consumer goods sectors worldwide.
Product Innovations
To address the growing demand for transparent climate impact data, Terrascope launched a free version of its self-serve product carbon footprinting tool. This tool allows enterprises, brands, and retailers to understand product-related emissions throughout the product lifecycle—from raw material production to end-of-life disposal. By providing precise emissions estimates, companies can identify emission sources, prioritize reduction efforts, and make credible carbon claims.
Strategic Partnerships
To enhance its service offerings, Terrascope has established partnerships with climate solutions providers such as 3 Degrees and Pollination Group. These collaborations aim to support clients in executing decarbonization projects effectively.
Competitive Landscape
Terrascope operates in the environmental services sector, focusing on carbon management solutions. Its competitors include companies like Orbital Insight, which offers geospatial intelligence and location analytics solutions. Orbital Insight's TerraScope platform provides multi-sensor analytics to detect changes and monitor activities globally.