Carbon management software provider Green Project Technologies announced today an agreement to acquire the technology platform of Scope 3 emissions-focused carbon accounting solutions provider Emitwise, aimed at creating a “one-stop shop” for supply chain carbon management.
Founded in 2019, UK-based Emitwise provides solutions aimed at enabling procurement teams to increase visibility into the carbon footprint of their supply chains and reduce Scope 3 emissions. The company’s solutions include a procurement-focused scope 3 decarbonization platform enabling users to automatically access data from suppliers, manage engagement, verify supplier emissions calculations, benchmark suppliers with scorecards, and build carbon factors into negotiation variables, as well as an AI-powered Product Carbon Footprint (PCF) Calculator, allowing suppliers to rapidly calculate PCFs.
New York-based Green Project Technologies provides a web-based platform, combining digital solutions for carbon accounting, supplier engagement, reporting and advisory services, to help enterprises measure, manage, and reduce emissions across their operations and value chains. The company was acquired in 2023 by environmental solutions provider ACT Group.
Sam Stark, Chief Executive Officer at Green Project, said:
“Emitwise and Green Project’s market offerings could not be matched better. Joining Emitwise’s automated, broad supplier offerings with Green Project’s audit-grade accounting, ACT’s global reach, and an existing suite of decarbonization products undeniably positions us as the solution to beat for supply chains.”
Following the acquisition, two of Emitwise’s co-founders, Chief Technology Officer Ben Peddie, and Chief Product Officer Eduardo Gomez, will join Green Project Technologies, alongside several commercial, customer success and engineering employees.
Jop Gerritsen, Managing Director of ACT Digital, said:
“We’re thrilled to welcome the talented Emitwise team to Green Project and ACT. Their expertise will help drive our next chapter of climate innovation.”
