Akshata Sharma
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Sustainability startup KarbonWise, founded in 2023 by Arjun Vijayaragavan is a startup that provides comprehensive solutions across the decarbonisation journey for other companies, who mainly suffer from two problems: how to measure supply chain emissions and adherence to reporting guidelines.
How do they do this?
They integrate data from various sources to provide insights into carbon emissions and environmental data for enterprises.
Automating carbon accounting, assisting in setting realistic targets, reducing emissions, and streamlining reporting requirements to ensure compliance with global ESG standards.
They use Al-driven models to analyse and identify carbon hotspots within an organisation and recommend pathways to reduce the carbon footprint.
FYI, The carbon accounting software market is predicted to grow by $16.55 billion between 2023-2028, at a CAGR of 29.27%, according to Research and Market
India also plans to generate 500 GW of non-fossil electricity and meet 50% of energy needs from renewables by 2030, as well as achieving net zero emissions by 2070
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