Carbon accounting startup Zevero announced the launch of its new ESG Disclosure Reporting solution, aimed at enabling companies to meet sustainability reporting obligations across frameworks including B Corp, CDP, and CSRD.
Founded in 2021, UK-based Zevero offers companies tools to understand the impact of their emissions, enabling them to determine how and where they can reduce that impact, as well as better comply with regulations that may affect them. The launch of the new solution follows a $7 million funding round by the company last year, with proceeds aimed at supporting the enhancement of its products and services and its global expansion. Earlier in 2024, the company was acquired by Singapore-based climate tech startup, LEVELUP, with the companies merging under the Zevero brand.
According to Zevero, its new solution aims to address challenges facing companies in meeting ESG disclosure requirements, including the use of manual, resource-intensive reporting processes, with the tool designed with AI-powered processes to extract and interpret data from a variety of documents such as impact reports, sustainability policies, and governance records, enabling users to quickly generate draft responses aligned with leading global standards.
Shigeo Taniuchi, CEO of Zevero, said:
“Our customers—from fast-growing consumer brands to global manufacturers—told us they needed a simpler way to manage ESG reporting.”
Key features of the new tool include AI-powered data extraction and auto-filled responses to both qualitative and quantitative questions, support for over 100 languages, expert review and validation by Zevero’s in-house sustainability team, and production of ready-to-submit ESG reports tailored to specific frameworks, according to Zevero.
Taniuchi added:
“We created this offering to eliminate the complexity and inefficiency that teams face when reporting ESG performance. By streamlining the entire process, we’re enabling growing businesses to meet their obligations confidently and with far less effort.”
