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econscia

Carbon accounting for businesses

econscia logo
1-20 employees
  • B2B
  • Sustainability
  • SaaS
  • Data Analysis
  • Environmental
Mayfair, London, UK

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Company mission

To build on powerful, automated reporting tools, so that you can spend time on solutions.

Our take

Econscia was founded to solve the problem of environmental data collection being slow and complicated. Its product, econscia cloud, is a platform which automates emissions reporting and allows sustainability teams to move beyond spreadsheets. This helps businesses better understand the environmental impact their products have on the planet.

By saving hours of manual data processing time by analysing purchase data, supplier questionnaires, and raw files, organisations have more capacity to focus on reducing their emissions. The cloud platform allows clients to report and disclose their emissions to major international standards with the world's best frameworks, and expert guidance from econscia's team.

Econscia is operating in a market of growing interest as companies look more and more to incorporate sustainability into their business models. To facilitate client growth the company will need to focus on its platform development and increase hires.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • No-fly holidays policy: days spent travelling to holiday without flying don’t count toward your holiday allowance
  • Deep work Wednesdays (no meetings - full focus)
  • Flexible hours: choose how, when and where you work
  • Modern central London co-working office space (Sustainable Ventures), and remote working
  • A working environment where ideas and challenges are always encouraged
  • Personal monthly Fiverr budget - Delegate busy work and tasks you don’t want to do
  • Work to make a real impact on the planet
  • 28 days holiday (excl. bank holidays)

Company values

  • Growth - We work to achieve more tomorrow than we can today - in our tools, work, mindset and outcomes. We raise the bar and remove comfort. We try to see opportunities, not limitations, and aim for better as individuals and teams
  • Health - A healthy body is a healthy mind. We aren’t religious, but we try to promote the right habits, and make time for balance and wellbeing amongst work
  • Egoless - We avoid bullshit and aim to satisfy the needs of customers, and not our own
  • Honesty - We try to be honest, and then we move on. The path to quality and improvement lies in honesty to yourself and others around you
  • Velocity - Speed wins when all else is equal, but pace is about consistency and well-calibrated direction. Decisions are reversible and trying but failing should be celebrated
  • Augmentation - We believe the purpose of the team is to create a safe, high-trust environment to maximise individual performance. This touches all our work - including our behaviours, tools, communication, culture, support and motivation. We work to compound each other's efforts, and we're responsible to find the best in ourselves and others. We build discipline and routine, as the foundation for strong execution

Funding (1 round)

Oct 2020

$0.4m

Total funding: $0.4m

Leadership

Ed Maclean

(Managing Director)

Ed studied at Oxford, where he co-founded Tremor Events, before working at BlueOptima and reed.co.uk. In May 2020, he co-founded econscia, where he has been since.

Cyrus Shamsfard

(CTO)

Cyrus studied Computer Science at the University of Sussex before going on to complete a Masters at UCL. Having started out as a Software Engineer, he focused on Data Science through his roles at BlueOptima and ViveBank before co-founding econscia.

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