Greenspark lands £1m to aid firms measure climate action

Greenspark

Greenspark, a firm that encourages businesses to take climate-friendly actions, has scored £1m in a seed funding round.

The round was led by Fuel Ventures, with support from Pitchdrive, 1818 Venture Capital, Zone2Boost, Great Stuff Ventures, QC-Ventures and the Boost Fund.

This builds on the £450,000 raised in a pre-seed investment round led by BBVA Anthemis Venture Partnership and Perivoli Innovations in November 2021.

Greenspark incentivises and inspires companies to take action on environmental and social issues around the world.

At a time when consumer and employee demand for action on climate change and social injustice is at an all-time high, the firm claims it is giving businesses the tools they need to do something about it.

The firm’s Impact-as-a-Service Platform allows companies to create positive impact at key business touchpoints, track it in an easily digestible way, and then communicate it effectively with their customer base, site visitors and key stakeholders.

The company will use the funding to launch its Climate API, which it says can “integrate impact into any business use case”.

Its other services include a carbon offsetting scheme for employees, which calculates their plastic and carbon footprint and plants trees and provides a dashboard to track a team’s “cumulative positive planet impact”.

Greenspark CEO and founder Lenny Leeman said, “At Greenspark, we’re on a mission to tackle some of the greatest issues facing our planet right now, like climate change, deforestation and plastic pollution.

“We’re bringing a whole new approach to tackling world issues through tools that are not simply altruistic but make business sense.”

Fujitsu and Mizuho Bank have recently collaborated to focus on the development of services for corporate customers to manage ESG and SDG related data.

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