Snowflake has announced it has been chosen by climate technology startup Unravel Carbon to integrate their emissions inventory databases and decarbonisation solutions and help organisations become more climate conscious.
Based in Singapore, Unravel Carbon aims to help large and medium-sized companies track and reduce their carbon emissions. Through its artificial intelligence (AI)-powered carbon decarbonisation platform, it converts these companies’ accounting information into full supply chain carbon insights, and then suggests climate solutions towards net-zero emissions. Unravel Carbon’s customers include Mercedes Benz, Millennium & Copthorne Hotels, Global Fashion Group and the central bank of Singapore.
“Amid the devastating effects of rising global temperatures and how much we must collectively do to achieve net-zero emissions by 2050, I questioned the kind of world my daughter would inherit if the planet becomes inhabitable at some point. We need to do our best to minimize this,” said Grace Sai, Co-Founder of and CEO at Unravel Carbon, citing her reasons for setting up the startup. “As Asia accounts for 60 percent of global emissions, our goal is to help companies measure, track, reduce and report their carbon emissions with speed and at scale. This enables them to be part of the solution for current and future generations.”
Driving a Climate-Conscious Approach into the Future
Despite an estimated six years left before the consequences of climate change reach a major tipping point, Unravel Carbon found that only 10,000 out of 400 million companies worldwide are measuring their carbon footprints. To assist companies in the process and help them decarbonise, Unravel Carbon needed a platform that was simple to operate and scale to meet customers’ needs. This way, companies can reduce business risk and explore new, climate-conscious growth opportunities.
They turned to Snowflake to unify their datasets, enabling its customers to spend less time measuring, and more time decarbonising to meet sustainability goals. Traditional approaches to convert everything a company has produced requires six to nine months of manual consulting work. With Snowflake’s Data Cloud, Unravel Carbon customers can report on their carbon footprint within minutes, if not seconds.
“We chose Snowflake because of their commitment to building data-driven solutions and operations that create less of an impact on the environment, which resonates with our goals,” said Grace. “With Snowflake’s simple-to-use platform, we can build and harness databases that identify emission hotspots quickly, while releasing less carbon than legacy solutions. We are also able to pull structured and unstructured data from various sources to drive effective decarbonisation initiatives”.
“In the three months since we integrated Snowflake’s solutions, our emissions databases have been instrumental in improving data-driven, climate-aware decision-making. Unravel Carbon also is planning to set up the world’s largest repository for every service on Snowflake to power the low carbon economy,” added Grace.
“We believe sustainability is very much a ‘data problem.’ With our Data Cloud platform capabilities, Snowflake aspires to be a leader in solving these data and business challenges for the greater good. We are committed to this journey as a global business partner, an employer and a community member,” said Sanjay Deshmukh, Senior Regional Vice President, ASEAN and India, at Snowflake. “We are thrilled to collaborate with Unravel Carbon in this journey, leveraging data and data analytics and AI for good to help more companies across Asia Pacific become more sustainable.”
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