Through seamless integration of emissions inventory databases and decarbonization solutions, businesses can efficiently measure, reduce, and report their carbon footprints.
Snowflake, the leading Data Cloud company, has announced a strategic partnership with Unravel Carbon, a Singapore-based climate technology startup, to integrate emissions inventory databases and decarbonization solutions. This collaboration aims to empower organizations worldwide to track, reduce, and report their carbon emissions effectively, fostering a more climate-conscious approach to business operations.
Unravel Carbon’s mission is to assist large and medium-sized companies in monitoring and mitigating their carbon footprints. Leveraging an AI-powered carbon decarbonization platform, the startup converts accounting information into comprehensive supply chain carbon insights. It then provides actionable climate solutions to guide businesses towards achieving net-zero emissions. Unravel Carbon’s clientele includes prestigious names such as Mercedes Benz, Millennium & Copthorne Hotels, Global Fashion Group, and the central bank of Singapore, spanning across 25 countries.
Grace Sai, co-founder and CEO of Unravel Carbon, expressed her concerns about the devastating consequences of rising global temperatures and her determination to create a sustainable future for her daughter. Recognizing that Asia accounts for 60 percent of global emissions, Sai emphasized the urgency to help companies measure, track, reduce, and report their carbon emissions at scale. By doing so, these organizations can actively contribute to current and future generations’ well-being while playing their part in achieving the crucial net-zero emissions target by 2050.
In an alarming finding, Unravel Carbon discovered that out of 400 million companies worldwide, only 10,000 are currently measuring their carbon footprints. To address this significant gap and facilitate companies in their decarbonization efforts, Unravel Carbon sought a user-friendly and scalable platform. Snowflake emerged as the ideal partner due to its commitment to data-driven solutions that have minimal environmental impact.
Snowflake’s Data Cloud provides the necessary infrastructure to unify datasets, enabling Unravel Carbon’s customers to streamline the measurement and reporting of their carbon footprints. Unlike traditional approaches that involve months of manual consulting work, Snowflake’s platform empowers Unravel Carbon’s customers to generate comprehensive carbon footprint reports within minutes, or even seconds. By simplifying the process, companies can allocate more time to meaningful decarbonization actions and explore climate-conscious growth opportunities.
Grace Sai commended Snowflake’s dedication to developing data-driven solutions with a focus on environmental sustainability, aligning with Unravel Carbon’s core goals. Leveraging Snowflake’s simple-to-use platform, Unravel Carbon can swiftly identify emission hotspots and leverage structured and unstructured data from multiple sources to drive effective decarbonization initiatives.
The integration of Snowflake’s solutions over the past three months has significantly enhanced Unravel Carbon’s emissions databases, facilitating data-driven, climate-aware decision-making. Unravel Carbon also has plans to establish the world’s largest repository for every service on Snowflake, further accelerating the transition to a low carbon economy.
Sanjay Deshmukh, Senior Regional Vice President, ASEAN and India at Snowflake, highlighted their commitment to sustainability as a global business partner, employer, and community member. Deshmukh emphasized that Snowflake’s Data Cloud platform plays a pivotal role in addressing sustainability challenges, positioning the company as a leader in driving data-driven solutions for the greater good. Snowflake looks forward to collaborating with Unravel Carbon, utilizing data analytics, AI, and data repositories to enable more companies across the Asia Pacific region to embrace sustainability and contribute to a greener future.
As climate change approaches a tipping point within the next six years, the partnership between Snowflake and Unravel Carbon marks a significant step towards empowering businesses worldwide to take concrete action against climate change. By leveraging the power of data and technology, organizations can drive sustainable practices and pave the way for a more resilient and environmentally conscious future.