Faster Insights Could Unlock Greener Future
As global temperatures continue their alarming rise, there’s an ever-growing urgency to confront the specter of climate change. Many companies, essential drivers of this change, are in the dark about their carbon footprints, emphasizing the dire need for tools to help businesses understand and reduce their impact.
Based out of Singapore, Unravel Carbon, a climate technology startup, has partnered with the Snowflake Data Cloud to establish a database that attempts to change the game. This partnership hopes to empower companies with detailed insights into their emissions, drastically reducing the time from months to seconds.
According to Unravel Carbon, their commitment is clear—turning corporate accounting data into actionable decarbonization insights, guiding organizations on their journey to net-zero emissions. Their clientele includes brands like Mercedes Benz, Millennium & Copthorne Hotels, and even the central bank of Singapore, spanning 25 countries.
Grace Sai, co-founder and chief executive officer of Unravel Carbon, shared a personal insight into her motivation. “Amid the devastating effects of rising global temperatures and how much we must collectively do to achieve net-zero emissions by 2050, I questioned the kind of world my daughter would inherit if the planet became uninhabitable at some point. We need to do our best to minimize this,” she remarked.
“As Asia accounts for 60% of global emissions, our goal is to help companies measure, track, reduce, and report their carbon emissions with speed and at scale—this enables them to be part of the solution for current and future generations,” Sai added.
A revelation by Unravel Carbon underscored the importance of their mission. Out of approximately 400 million companies globally, a meager 10,000 are measuring their carbon footprints. This statistic exposes a significant knowledge gap that needs urgent bridging. Their collaboration with Snowflake allows companies to sidestep traditional, time-consuming processes and dive straight into addressing their environmental impacts.
Sai described their choice: "Snowflake's commitment to eco-friendly data solutions perfectly aligns with our vision. Their platform enables us to identify emission sources rapidly, offering a greener alternative to conventional methods."
Since their collaboration with Snowflake began, Unravel Carbon has witnessed a transformative change in companies’ climate decision-making approaches. Sai envisions setting up the world’s largest repository on Snowflake to further propel the low carbon economy.
Sanjay Deshmukh from Snowflake reiterated this shared vision, "We believe sustainability is very much a 'Data Problem.' With our Data Cloud platform capabilities, Snowflake aspires to be a leader in solving these data and business challenges for the greater good. We are committed to this journey as a global business partner, an employer, and a community member."
Image credit: iStockphoto/karelnoppe
