Carbon management software for the food industry.
HQ: Stockholm, Sweden | Industry: Software | Invested: 2023
Klimato’s cloud-based software platform helps food service providers, restaurants, and food producers measure, report, and reduce their carbon footprint. Using research-based data, the software automates the carbon accounting process, making it faster, easier, and more accurate. It also provides a comprehensive dashboard that allows users to track their emissions and identify actions to reduce them.
Corporate emissions reduction targets and end-consumer focus on sustainability drive demand from the food industry for tools to measure, report and reduce their environmental footprint. Consumer willingness to pay more for sustainable options, 87% in Europe and over 50% in the US, as well as corporate emissions reduction commitments, incentivize the food industry to adopt such tools to serve demands and win new business. Requirements from the public sector and regulators in the EU further underpin the market.
CO2 emissions from food constitute about one third of global emissions. According to WWF, food-related CO2e emissions have to be cut by 75% in order to reach the UN sustainability goals and keep the temperature increase below 1.5 degrees. Klimato’s solution allows chefs, purchasing managers and consumers to make data-driven decisions to reduce carbon emissions.