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Carbonfact is a carbon management platform designed specifically for the fashion industry
French startup Carbonfact believes that the best carbon accounting solutions will focus on one vertical. That’s why the company has decided to provide a
Big companies in the fashion industry (and other industries) need to come up with a carbon accounting strategy as regulation is changing in Europe and the U.S. with the EU’s Corporate Sustainability Reporting Directive (CSRD), California’s Climate Corporate Data Accountability Act and the NY Fashion Act. While many companies will focus first on CO2-equivalent metrics, Carbonfact can also be used to track other metrics, such as water consumption, French eco-labels and other environmental indicators — in the carbon accounting industry, they call these indicators the Product Environmental Footprint Category Rules, or PEFCR for short. With a little back-of-the-envelope calculation, if we consider that a client pays around $20,000 per year on average, it means that the French startup already generates at least $3 million in annual recurring revenue.
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