Polish startup Redigo Carbon is Building a Comprehensive Ecosystem to Support Companies in Achieving their Decarbonization Goals
Nov 7, 2024 | By Kailee Rainse
As climate change accelerates, evolving regulations and growing demands from customers and key stakeholders make business decarbonization an urgent necessity. Modern companies increasingly recognize that the responsibility for protecting the environment falls on them as well.
SUMMARY
- As climate change accelerates, evolving regulations and growing demands from customers and key stakeholders make business decarbonization an urgent necessity.
- Many businesses start their decarbonization journey by measuring their carbon footprint—a crucial first step.
The first crucial step in this journey is accurately measuring and understanding a company’s carbon footprint. This then paves the way for developing strategies to optimize and reduce emissions, setting a solid foundation for impactful actions.
However, many organizations still struggle with how to begin this process. To address these challenges, Polish startup Redigo Carbon has developed a platform offering a comprehensive solution for business decarbonization.
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What does business decarbonization mean?
Decarbonization refers to the process of reducing or eliminating carbon dioxide (CO₂) emissions and other greenhouse gases from a company’s operations. In business, this means transforming processes, including supply chains, transportation, and energy sources, to minimize the overall carbon footprint.
While the concept sounds simple, the path to decarbonization is complex. Businesses often face significant hurdles, such as collecting reliable data, especially if they haven't been tracking their emissions before. Gathering information across supply chains and managing the financial costs of implementing decarbonization strategies further complicates the process.
Magdalena Stelmach, CEO of Redigo Carbon said, “Climate change, increasing social pressure, new regulations such as the CSRD directive, and growing environmental awareness among business leaders make decarbonization not just a recommendation, but a real necessity. Companies that take proactive steps towards reducing their carbon footprint can view the decarbonization process not as a cost, but as a strategic opportunity for growth. Early adaptation to new environmental standards can offer businesses a competitive edge, allowing them to position themselves as industry leaders in sustainability. What’s more, a well-executed decarbonization strategy can also enhance a company’s reputation, improve operational efficiency, and open new markets focused on eco-friendly solutions.”
Taking the first steps
Many businesses start their decarbonization journey by measuring their carbon footprint—a crucial first step. While there are numerous tools available to facilitate this process, simply calculating emissions is not enough. Measuring greenhouse gases gives a company insights into its environmental impact, but without a clear plan of action, this information lacks purpose.
Redigo Carbon, a Polish startup, fully understands this challenge. They have made it their mission to create a comprehensive ecosystem that not only helps companies measure their carbon footprint but also reduces it effectively.
Their platform utilizes advanced data science tools to analyze historical and current emissions data. Redigo Carbon customizes decarbonization plans tailored to each company's needs, providing scenarios that align with their goals.
Magdalena Stelmach, CEO of Redigo Carbon said, “When designing our platform, we focused heavily on delivering a smooth user experience, ensuring that the process of calculating emissions is as straightforward and hassle-free as possible. Business decarbonization isn’t just an opportunity to enhance a company’s sustainable image - it’s also a smart investment in the future. Improving energy efficiency can lead to cost savings, reducing the carbon footprint can attract investors, and open the business to new customers. Comprehensive decarbonization paves the way for long-term, sustainable growth. We are continuously developing our solution and are currently finalizing the tests of our marketplace, which will be the final step for companies on their path to decarbonization. Moreover, we are working on the next funding round, which will enable Redigo Carbon’s international expansion.”