FuturePlus - empowering businesses and transforming sustainability practices
by Startacus Admin
The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.
Sustainability. The environment. You love it when we write about these things, we can tell. And write about them we do, quite a lot. Quite a lot, because of not only their importance but the constantly increasing urgency that businesses address their sustainability issues and make a meaningful difference. With that increase in urgency comes an increase in the demand for sustainability reporting that allows those businesses to make an equally meaningful change to their practices.
London-based sustainability management and reporting startup FuturePlus has built a platform to make this sustainability and environmental, social, and governance (ESG) reporting easier and simply better. Co-founders Alexandra Smith and Mike Penrose built FuturePlus to offer a range of tools and services, including carbon footprint calculations, supply chain monitoring, stakeholder engagement, and reporting automation.
It provides a benchmark sustainability score for where your business is right now and then provides a clear roadmap and a quantifiable measure of where you want to be three years from now. It’s a great and simple way to measure, manage, and report your sustainability growth to your employees and your stakeholders in real-time. The platform can be used by small and large businesses, measuring and improving sustainability across five themes: climate, diversity and inclusion, social, economic, and environment.
Recently, FuturePlus announced that they had raised £750,000 in a funding round led by Two Magnolias, with participation from Vala Capital and several high-net-worth individuals and family offices. This brings the startup’s total funding to more than £1.6 million since their founding in February 2022. Clients already number over 150, and include names such as Soho House, Grind Coffee, and The Project Management Institute, across various industries including retail, finance, hospitality, and technology, and this new funding will go towards increasing awareness to bring in new clients, increasing their team, and further developing the product.
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Published on: 22nd May 2023
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