Providing carbon calculators that categorise transaction data to determine carbon hotspots and provide recommendations to lower carbon emissions.
Organisations that do not manufacture products need to reduce carbon emissions, but 80-90% of emissions are buried in B2B supply chains (Scope 3), a problem too large for any one person or department to solve.
The data required to compare vendors and products is often unavailable or transparency is lacking, making it difficult to address scope 3 emissions.
Darwin & Goliath has developed proprietary methods to provide emissions data where it is lacking and develop incentive mechanisms to reward supply chain partners and vendors to help reduce emissions during the bidding and award portions of procurement, solving the problem at the source.
The emissions management market is growing quite rapidly, from $10.4 billion in 2020 to a projected $43.6 billion by 2030. The number of governments and companies committing to net zero is increasing daily. Doconomy has raised $19 million with a consumer facing and internal solution focusing on integrations in the finance sector and Normative has raise $31 million for a solution to help reduce emissions as a carbon accounting firm, which is a more direct competitor for Darwin & Goliath.
The EU government mandates that public organisations reduce emissions 55% by 2030. This ‘stick’ provides the impetus to adjust vendor solutions, loyalty rewards and procurement processess to reduce emissions for EU public bodies. The private companies that adjust to meet the public procurement needs will reduce their risk portfolio and gain an edge over their competitiors. This provides resiliency for Darwin & Goliath as our solution will be integrated within the organisations that will be most likely to survive the transition to a net zero economy.
Ideally we would meet a potential client that has decided to make a commitment to reduce emissions and is looking for collaborative partnerships to achieve their goals. We already have a strong client in Distilled Media and expanding our client base by solving problems for clients is the best way to achieve our own goals.
We would also like to meet potential investors where we align well with their portfolio strategy and can find mutually beneficial relationships to find returns and success.