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51-0 - the first Climate Success platform

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by Startacus Admin

4_Automate-carbon-data-collectionedit.

London-based climate-tech startup 51-0 has created a platform to enable companies to reach net zero in a more efficient, effective and impactful way.

3_climate-projectsClimate change. That thing many people would like to stop hearing about, but that we can’t afford to stop hearing about until things have actually been done about it. We keep hearing about how short a time we have until climate change becomes irreversible, and how the last prediction was actually overly generous, but we continue to mostly sit back and relax, as though some magic may occur at the last minute to reverse it all without our input.

In the UK, we have a goal of hitting net zero by 2050, but it’s a big goal. How do we go about getting there?

London-based climate-tech startup 51-0 has created a platform that can help with that. With over 12,000 businesses in the UK - and a further 60,000 in the EU - required to report carbon emissions, they need a simple and reliable way of tracking those emissions. 

1_engage-stakeholders2By providing those businesses with such a platform to do this and to easily report the data, 51-0 hopes to free up the time otherwise taken by decarbonisation admin to use on actually decarbonising and evolving those efforts. The startup says that the process of this administration currently can take up to 9 months, at which point some of that data may unsurprisingly already be out of date.

Their platform streamlines, automates, and centralises data from every location your business has using its API integration, moving things along quicker and, as the startup puts it, allowing you to craft a credible action plan, access their vast best practice database, and get a complete, up-to-date view of progress to quickly resolve any issue. The startup also has a host of climate experts from a range of specialities, from distribution, to logistics, to energy, available to you to talk to and get assistance on the path to net zero.

In August, 51-0 announced that they had raised £400,000 in a funding round led by Fuel Ventures SEIS fund. The funding will go towards further developing their data collection and administration automation platform.

And if you are interested in innovative startups addressing the issue of climate change, why not check out Connect Earth,  Earthly Biochar and furthr, just a few that we have featured recently.

 


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Published on: 1st September 2022

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