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SparkChange
Provider of specialist carbon investment products and data
- 21-100 employees
- Fintech
- B2B
- Sustainability
- Big data
- Investing
- SaaS
- Environmental
- London, UK
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Company mission
To empower financial institutions to capitalise on the opportunities — and manage the risks — arising from the transition to a low-carbon economy.
30% employee growth in 12 months
Our take
SparkChange is a climate investment solutions company. It provides specialist carbon investment products and data, serving global institutions and their clients.
SparkChange launched the world’s first physically-backed carbon exchange-traded commodity (ETC) listed on the London Stock Exchange in 2021. Investing in physical carbon allowances directly impacts emission levels in a material way; this gives ordinary investors the opportunity to own these allowances, resulting in the prevention of CO2 emissions in the EU.
Since then, SparkChange has surpassed $250 million in assets, with over 2.5 million tonnes of CO2 permits being withheld from polluters in Europe, creating a positive environmental impact. This is equivalent to twice the carbon footprint of the Winter Olympics, or 8 per cent of London’s annual emissions.
Now, with backing from some of the world's leading financial institutions, SparkChange also provides a data platform and suite of analytics tools to further support investors to decarbonise their portfolios and increase the pace of progress towards net zero. This is allowing SparkChange to further its goal of changing the environment for the better.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Annual discretionary bonus scheme
- Hybrid working and flexible approach to your working hours
- Enhanced maternity / paternity / adoption leave and pay
Company values
- Everyone is an entrepreneur
- We love what we do
- Best idea wins
- Think big and long term
- No egos
Funding (last 2 of 5 rounds)
Mar 2021
$3m
EARLY VC
Nov 2020
$4.5m
EARLY VC
Total funding: $11.2m
This company has top investors
Leadership
Steffen Buschbacher
(Co-founder & Managing Director)A Harvard graduate with previous experience as a Principal at Capital Suisse.
Joff Hamilton-Dick
(Co-founder)Previous CMO at Jampp, a performance marketing platform for acquiring and engaging app customers.
Dan Barry
(Co-founder)A Cambridge graduate, Dan previously spent 6 years as Global Head of Environmental Products at BP.
Office
Articles
Endorsements
All
Challenging work (2)
Autonomy (1)
Meaningful work (1)
Flexible working (1)
Inspiring mission (1)
The products we are building at SparkChange, support the investment community to tackle climate change. We support by creating investment products with true impact on reducing emissions as well as data products supporting the right investment decisions anticipating stringent climate policies.
Data
Meaningful work
Feb 2022
We work on unique datasets and models combining carbon pricing and financial information of companies down to a detailed not seen before.
Data
Challenging work
Feb 2022
As a new father, I am completely supported by SparkChange to take parental leave as well as organising my daily work schedule flexibly.
Data
Flexible working
Feb 2022
We are a small team with a huge mission, and really try to solve some big problems as we link the financial world to environmental protection. All our products are world's first, so we have to build a lot from scratch. I had to bring my existing skills into a market that was completely new to me, and got extensive support from my teammates to understand how this market ticks. Whenever I ran into questions we could not solve internally, my manager offered budget to get external support to keep moving fast. I never learned so much in such a short time!
Data
Challenging work
Jan 2022
SparkChange wants to support the fight against climate change by linking financial markets to environmental regulation through carbon pricing. Both are established systems, but they don't understand each other. If we are successful in linking both markets, we can unleash the power of the global investment community to tackle climate change - and thats probably one of the best shots we have to save our planet. 6 weeks after we launched our fist product, we had established the prevention of 2 million tonnes of CO2! I cannot imagine anything more important to work on
Data
Inspiring mission
Jan 2022
I am used to work in autonomy, but what it requires is both trust and resopurces to do so, and both is given at SparkChange: From the beginning I was able to shape my role, priorities and exectute without checking in at every turn. At the same time, SparkCHange has an amazing network via its founders and board members, so that I can get access to a lot of good contacts. When I joked once that it would be great to speak to Al Gore, someone told me that he can set up a meeting if I want to...
Data
Autonomy
Jan 2022