Top 10: Scope 3 Technologies

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Scope 3 Magazine explores the top 10 technologies aiding the industry's decarbonisation goals
Technology is key to cutting Scope 3 emissions, helping businesses gain insights, reduce their carbon footprint and drive global climate action

Technology has become an essential part of the fight to reduce Scope 3 emissions.

For businesses, it's not about keeping up; it's about unlocking the power of innovation to dive deeper into their carbon impact.

By tapping into the latest tech tools, companies are gaining more precise insights into their indirect emissions, discovering new opportunities to reduce them and roll out smarter strategies that make a real difference to their carbon footprint.

As technology continues to evolve, its role will only become more essential.

It will guide businesses to meet their sustainability targets and play a more significant part in the global push to combat climate change.

Here, we explore the top 10 Scope 3 technologies. 

10. Sweep

  • Revenue: US$3.8m

  • Employees: 52

  • CEO: Rachel Delacour

  • Founded: 2020

Sweep makes Scope 3 emissions tracking easy, helping businesses reduce carbon footprints with innovative tools

Sweep is a carbon management platform with a sleek, user-centric interface that makes tracking and reducing emissions, including Scope 3 emissions, more accessible.

Launched in 2020 by Rachel Delacour, Yannick Chaze and Raphael Gueller, Sweep is geared toward high-emission industries, offering real-time data collation and advanced supplier engagement tools. Its treemap feature visualises emissions across business units, helping companies model reduction strategies.

With US$73m in Series B funding, Sweep became Europe's best-funded carbon platform.

Multinationals like JCDecaux and Saint Gobain rely on Sweep to navigate complex emissions regulations and develop actionable, data-driven climate strategies.

9. Sustain.Life

  • Revenue: US$7.6m

  • Employees: 58

  • CEO: Annalee Bloomfield

  • Founded: 2021

Sustain.Life provides SMBs with affordable tools for managing carbon emissions across Scope 1, 2, and 3

Sustain.Life, a sustainability-focused SaaS platform, is making its mark by equipping small and medium-sized businesses with powerful tools for measuring and reducing their environmental impact.

Launched in 2021 by a team of former Walmart and Jet.com executives, including CEO Annalee Bloomfield, Sustain.Life stands out for its affordable carbon accounting solutions—covering Scope 1, 2 and 3 emissions across the board.

The platform aims to simplify sustainability efforts with features like sustainability program management and standards alignment.

Brands like Dame and You.com have already adopted Sustain.Life, which offers a practical, cost-effective way to embrace environmental responsibility in today's business world.

8. SINAI Technologies

  • Revenue: US$10m-US$50m

  • Employees: 50

  • CEO: Jess Waldeck

  • Founded: 2017

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SINAI Technologies stands out as a decarbonisation innovator, offering a robust platform to help companies measure, analyse and reduce carbon emissions, focusing on Scope 3 emissions.

Founded in 2017 by Maria Fujihara, SINAI empowers organisations to tackle their carbon footprints by integrating suppliers and collaborating across complex value chains.

From measuring emissions to modelling reduction strategies, SINAI's platform is a game-changer.

SINAI secured US$37m in funding in 2022 and today has users across more than 60 countries.

It features tools like Tableau integration which are helping major players turn climate data into action, making decarbonisation accessible and impactful.

7. Greenly

  • Revenue: US$10m

  • Employees: 180

  • CEO: Alexis Normand

  • Founded: 2019

Greenly offers advanced carbon tracking with algorithms for accurate Scope 3 emissions calculations

Greenly, a fast-growing carbon accounting platform, is designed to help businesses of all sizes track and reduce their carbon emissions, focusing strongly on Scope 3.

Using automated solutions and sophisticated algorithms, Greenly tackles vast datasets, offering activity-based and spend-based emissions calculation approaches.

Founded in 2019 by Alexis Normand and his team, the platform quickly gained traction and today serves more than 2,000 companies.

With user-friendly tools for carbon reporting, benchmarking and employee engagement, Greenly makes comprehensive emissions management accessible.

Its rapid growth, B-Corp certification and global expansion reflect its commitment to driving real change in corporate sustainability.

6. IBM Envizi ESG Software Suite

  • Revenue: US$15m

  • Employees: +10,000

  • CEO: David Solsky

  • Founded: 2004

IBM’s platform integrates AI to help businesses manage carbon emissions and environmental risks

Envizi takes a holistic approach to carbon accounting, seamlessly integrating diverse data streams for comprehensive environmental management.

Launched in 2004 Envisi has evolved into a robust carbon accounting engine.

With tools for Scope 1, 2 and 3 emissions reporting, Envizi simplifies sustainability efforts through automated data collection from over 500 sources and AI-powered analysis for spend-based emissions categorisation.

Following its 2022 acquisition, Envizi became part of IBM's sustainability suite.

It supports major sustainability frameworks and serves top clients like Microsoft, Uber and Deloitte, helping businesses worldwide manage their carbon footprint and ESG performance.

5. Persefoni

  • Revenue: US$30m

  • Employees: 200

  • CEO: Kentaro Kawamori

  • Founded: 2020

Persefoni’s AI-driven platform ensures transparency in Scope 3 carbon accounting for businesses

Persefoni, an AI-powered carbon accounting platform, helps companies and investors accurately measure and disclose their carbon emissions.

Launched in 2020 by co-founders Kentaro Kawamori, Jason Offerman and Kim Stroh, Persefoni set out to make carbon accounting as essential as financial reporting.

Its platform offers intuitive dashboards and robust supplier engagement features, simplifying complex emissions data.

With US$3.5m in initial funding, Persefoni quickly gained traction. By 2021, it raised US$101m, marking the most significant SaaS funding in Climate Tech history. Now trusted by major financial institutions, Persefoni is critical in the growing push for environmental transparency.

4. EcoVadis Carbon Action Manager

  • Revenue: US$101.8m

  • Employees: 1700

  • CEO: Pierre-François Thaler

  • Founded: 2007

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EcoVadis Carbon Action Manager offers a powerful solution for engaging suppliers in greenhouse gas (GHG) management, specifically targeting Scope 3 emissions.

The platform helps companies assess their suppliers' carbon risks and performance through tools like the Carbon Heatmap, Carbon Rating and Carbon Calculator. 

Launched in 2024, the platform has evolved from EcoVadis' earlier Carbon Action Module, reflecting the urgency of addressing supply chain emissions.

What sets it apart is its accessibility—companies can now use the tool independently from EcoVadis' broader services, making it easier to drive real improvements and meet climate goals across global supply chains.

3. Sphera

  • Revenue: US$750m

  • Employees: 1,600

  • CEO: Paul Marushka

  • Founded: 2016

Sphera offers carbon accounting tools for Scope 3 emissions, helping businesses achieve ESG goals

Sphera stands out as a leader in ESG performance and risk management.

It offers powerful carbon accounting tools and strongly emphasises comprehensive Scope 3 emissions reporting.

Originally part of IHS, Sphera became an independent company in 2016, guided by CEO Paul Marushka. 

Its software simplifies data collection and ensures transparency, helping companies assess their total carbon footprint, including Scope 3 emissions, using best practices.

Strategic acquisitions like Thinkstep and Risk Methods have expanded Sphera's capabilities in sustainability and supply chain risk management.

Today, Sphera supports companies worldwide in tackling the complexities of carbon accounting and ESG performance with precision.

2. Net Zero Cloud by Salesforce

  • Revenue: US$34.8bn

  • Employees: +10,000

  • CEO: Marc Benioff

  • Founded: 2019

Net Zero Cloud helps businesses track Scope 3 emissions and accelerate their journey to net-zero

Net Zero Cloud by Salesforce is a robust sustainability tool built on the Salesforce platform. It offers businesses a scalable solution for tracking and reducing their carbon footprint.

Originally launched as Sustainability Cloud in 2019, it evolved into Net Zero Cloud by 2022, providing advanced features like investor-grade reporting and comprehensive Scope 3 emissions tracking.

Salesforce, having used the platform to cut its own carbon accounting process from six months to six weeks, fine-tuned it for real-world challenges.

Now adopted by major players like Mastercard and Deloitte, Net Zero Cloud empowers organisations to manage emissions across their value chain and accelerate toward net-zero goals.

1. The IBM Environmental Intelligence Suite

  • Revenue: US$61.9bn

  • Employees: 350,000

  • CEO: Arvind Krishna

  • Founded: 2021

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IBM's Environmental Intelligence Suite is a cutting-edge cloud-based SaaS platform that empowers businesses to tackle environmental challenges, manage climate risks and pursue sustainability goals.

Launched in October 2021, this AI-driven solution integrates weather data, climate risk analytics, geospatial insights and carbon accounting into one powerful platform.

Real-time monitoring alerts companies to severe environmental conditions like wildfires, floods and poor air quality.

The suite also offers predictive analytics to forecast climate-related impacts on operations, providing actionable insights to prioritise mitigation efforts. It helps businesses measure, report and optimise their environmental initiatives, including carbon accounting.

Leveraging IBM's industry-leading weather data, geospatial analytics and AI innovations, the platform can predict risks such as wildfires and floods. Its applications are broad—retailers can prepare for weather disruptions, utilities can assess risks to critical assets and supply chains can build resilience.

Integrated with IBM's broader software portfolio, this suite helps companies navigate the complex environmental landscape and efficiently meet their sustainability objectives.


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