Carbon Direct

Carbon Direct is an advisory and investment platform for carbon management. The company has two core businesses: 1) advisory and software and 2) investments. 

In the advisory and software business, the company works with business clients to develop long-term carbon management plans. Under its investment business, Carbon Direct plans to improve the quality of carbon removals by investing in high-potential technologies which are science-backed and data-centric.

In March 2023, the company launched the Carbon Direct Platform, to provide organizations of any size with an end-to-end carbon management solution. This platform measures carbon footprint, creates a strategy to reduce footprint, offers carbon removal credits and reports on emissions. 

Key customers and partnerships 

In May 2022, Carbon Direct partnered with Persefoni , (a SaaS platform for businesses and institutional investors to measure carbon footprints), to support corporations by providing climate disclosures, carbon accounting, and mitigation plans to achieve their climate goals. During the same month, Carbon Direct also partnered with Boston Consulting Group (BCG) to deliver high-quality carbon reduction, removal, and utilization solutions. The company’s  high-profile clients include Microsoft, Shopify, Mitsubishi Corporation, JPMorgan and Chase, American Express and Alaska Airlines.

Funding and financials 

Carbon Direct’s most recent funding was in August 2022, when it raised USD 60 million in a venture round co-led by Decarbonization Partners and Quantum Energy Partners. The funds were used to scale up its platform capabilities, by developing additional features and offerings.