Tanso: With this tool, companies can measure their CO2 emissions

by time news
Start-up scene Tanso

CO2 measurement is becoming mandatory – this start-up is developing the tool for it


Lorenz Hetzel, Gyri Reiersen, Till Wiechmann and Fabian Sinn (from left to right) received 1.6 million euros from investors in their first pre-seed round

Those: Tanso

At this point you will find content from Podigee

In order to interact with or display content from Podigee and other social networks, we need your consent.

Companies in the EU will soon have to measure their emissions. The Munich start-up Tanso is developing software with which the CO2 footprint can be recorded in detail. But many companies still have major gaps in sustainability.

SWhether it’s the light switch, the coffee machine or a handful of nuts for breakfast: You always leave a carbon footprint and calculating it precisely is complicated.

However, from 2023 at least European companies will be obliged to measure their CO2 emissions. The new CSRD obligation (Corporate Sustainability Reporting Directive) affects all companies with at least 250 employees, thousands in Germany alone.

How they measure their emissions in the future is up to them. But one thing is certain: From then on, they will have to publish so-called ESG information on the environment, social issues and responsible corporate governance in their annual financial statements. This means that companies have to provide information about the extent to which they are sustainable.

also read

The EU Commission is also planning its own Europe-wide CO2 pricing for fossil fuels

The start-up Tanso from Munich is currently working on software that industrial companies can use to record their carbon footprint in detail. For this, the tech company needs an enormous data set from its customers, for example about the work processes in the company – but also additional information about flight routes or electricity consumption.

It’s still easy to analyze, said co-founder Fabian Sinn in an interview with “Gründerszene”. It is becoming more difficult to convert material consumption into greenhouse gases.

But the start-up’s tool should also be able to determine this data with the help of automated analysis processes and bundle it on a platform. This should give companies the opportunity to identify savings targets.

Tanso collects millions after a month

Fabian Sinn (25), Lorenz Hetzel (24), Till Wiechmann (26) and Gyri Reiersen (26) founded the start-up Tanso in August 2021. The four met during their studies and dealt with the question of how best to account for the production of greenhouse gases by companies. The software from Tanso is not yet on the market, the start is planned for the end of 2022, according to Sinn.

Nonetheless, the founders collected 1.6 million euros in pre-seed financing in mid-September. The round was led by Munich-based early-stage investor UVC Partners, who also invested in the sensor start-up Konux and Flixbus.

Picus Capital and Possible Ventures as well as several business angels have also provided money in the course of the financing round, including executives from HR start-up Personio and the robot company Uipath.

“Climate neutrality is often just a label”

A study by the Federal Environment Agency confirms that there are large gaps in the sustainability management of many companies. According to Sinn, processes in sustainability accounting are particularly characterized by structural barriers.

In other words: You determine the electricity consumption, type the results into an Excel table and forward them to the responsible office via email. This practice is not only prone to error, it is also time-consuming.

And because companies can often no longer handle these tasks with internal resources, they hired external consulting firms, says the Tanso founder. “But it doesn’t really add value when the sustainability consultants walk through the departments and ask for Excel lists.”

also read

A farmer near Hildesheim harvests organic carrots, which in organic farming achieve a good 77 percent of the yields of conventional cultivation

“At the moment, climate neutrality is often just a label,” explains co-founder Reiersen – meaning it is useful for self-marketing, but companies do not always work consistently on it. The native Norwegian wants to change that – also because she has already gained formative experience with regard to crises.

The 26-year-old would not have spared the consequences of the 2014 oil crisis while studying in France. Due to fluctuating exchange rates, she ended up paying hundreds of euros more than planned.

The trend towards sustainability has also brought the company Planetly of Outfittery co-founder Anna Alex onto the scene. The software start-up, founded in 2020, has developed a similar tool that analyzes the CO2 consumption of companies.

Planetly also offers compensation options, but Tanso does not. Because the Munich start-up is a software and not a consulting company, according to co-founder Sinn.

This text comes from a cooperation with the magazine “Gründerszene”. Click on the links, leave welt.de and land in the articles at gruenderszene.de.

This is where you will find third-party content

In order to interact with or display content from third-party providers, we need your consent.


READ Also:  Microsoft Surface Go 3 launched in India! What are the highlights? | Microsoft Surface Go 3 launched in India and the Specifications are here | Puthiyathalaimurai - Tamil News | Latest Tamil News | Tamil News Online

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.