ClearTrace

ClearTrace is a company specializing in carbon and energy management solutions, offering a decarbonization platform that provides accurate, auditable data and AI-powered insights. The company helps businesses drive decarbonization action with granular, auditable carbon and energy data and enables investment-grade climate programs by providing precise energy and emissions data across the energy supply chain. ClearTrace offers Green Certification to digitally trace and verify the green claims of products and empowers companies like Iron Mountain in their 24/7 clean energy transition. The company has raised $20 million in financing led by ClearSky, with strategic funding from Brookfield Renewable, EDF Energy North America, Tenaska, and Exelon. ClearTrace partners with Ever.green to accelerate clean energy support and provides a carbon accounting platform to help companies monitor and manage their energy footprint and transition to renewable energy. The company supports sustainability leaders such as JPMorgan, Nextera, and Brookfield with traceable and verifiable energy and carbon records and offers a podcast called ‘The Decarbonization Race’ for ESG and sustainability leaders. ClearTrace provides a digital customer experience with ‘receipts’ of carbon reduction and clean energy use through customer dashboards and reports, helping companies create a carbon system of record to support clean energy usage and corresponding emissions claims. The company also supports hydrogen and ammonia production by tracking and tracing the energy value chain of chemical production and assists data centers in marketing the carbon impact of their collocated data center space, providing tenants with automated, transparent reporting. ClearTrace offers solutions for crypto mining operations to back up green bitcoin claims with credible data and provides tools for utilities to manage RECs, offsets, generation, and customer consumption data. The company offers a dedicated data concierge team and a proven process for onboarding, implementation, and reporting, supporting compliance with major accounting standards like GHG Protocol, RE100, TCFD, GRESB, CDP, SASB, and GRI. ClearTrace helps companies future-proof their carbon accounting strategy by processing data at the most granular levels.