The Paris Agreement says net zero emissions by 2050–but how are corporations erasing their carbon footprint in the next 25 years? Enter Greenly. The Paris-based startup offers technology that can help businesses discover where they’re emitting carbon–dissecting everything from their supply chains to their marketing tactics–and then offers each client a “climate expert” to implement the action items its software generates based on the results. “We’re like dietitians but for climate,” says Arnaud Delubac, the 28-year-old cofounder of Greenly. “We begin with the reality and then define a roadmap.” Investors see the value in targeting corporations: Energy Impact, Fidelity and others have poured $75 million into the five-year-old startup and revenue hit some $10 million in 2023, with projections to double that this year, Delubac says. A small company could work with Greenly for roughly $3,000 per year, and while Delubac declined to comment on the price larger corporations pay, he cites brands like LVMH and L’Oréal among his nearly 2,000 clients. And it’s not just the Europeans Greenly is going after–TripAdvisor is amongst its clients in the U.S, where it plans to continue to expand. Delubac says his startup could help reduce 1 billion tons of carbon by 2030.
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
