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Stock impact report

Carbonfact is a carbon management platform designed specifically for the fashion industry [TechCrunch]

Allbirds, Inc. (BIRD) 
Company Research Source: TechCrunch
That's why the company has decided to provide a carbon management and reporting tool for the fashion industry exclusively. And Carbonfact recently raised a $15 million funding round led by Alven , the French VC firm that led Carbonfact's seed round in 2022 already. Other investors in the round include Headline and a follow-on investment from Y Combinator. Big companies in the fashion industry (and other industries) need to come up with a carbon accounting strategy as regulation is changing in Europe and the U.S. with the EU's Corporate Sustainability Reporting Directive (CSRD), California's Climate Corporate Data Accountability Act and the NY Fashion Act. That's why there has been a boom in carbon accounting platforms. The biggest ones like Watershed Persefoni Sweep or Greenly have an industry-agnostic approach. They help you track your carbon emissions and create reports in a more or less automated way. Just like Carbon Maps focuses exclusively on the food industry, Carbonfac Show less Read more
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