Based in Toronto, a startup called Carbon Neutral Club has raised CAD $1.4M in a funding round led by Emend Vision Fund, Blue Vision Capital, and Good News Ventures. The company aims to incorporate climate action into the modern employee experience by providing organizations of all sizes with tools, education, and incentives to help them achieve their climate targets.
Their Sustainable Behaviors Platform integrates climate objectives and tactical behaviour change opportunities seamlessly into the workday, rewarding employees for making changes that drive corporate carbon reduction targets.
Carbon Neutral Club aims to empower the workforce, who are often responsible for the most significant portion of Scope 3 corporate emissions, to improve the likelihood that corporate climate targets are met. Over the past year, the company has expanded rapidly and attracted clients from various industries. The capital infusion will be used to expand globally and increase the company’s impact tenfold over the next two years.
“Carbon Neutral Club gives employees the tools, education, and incentives to play an active role in achieving their organization’s climate targets. Employees start by calculating their carbon footprints at home and at work. Our Sustainable Behaviors Platform then integrates climate objectives and tactical behavior change opportunities seamlessly into the workday to reward employees for making changes that drive toward corporate carbon reduction targets.”
Jeff Packer, co-founder of Carbon Neutral Club
“Two timeless truths for organizations are ‘what gets measured gets managed’, and ‘lasting change begins from the ground up. Carbon Neutral Club allows workforces to measure and mitigate their carbon footprints, while providing a unique channel for employees and organizations to coalesce around shared climate commitments.”
Siddartha Krishnan, Partner at Blue Vision Capital