High-Level Overview
Green Project Technologies is a SaaS platform specializing in carbon accounting, ESG data management, and supply chain decarbonization, founded in 2020 and headquartered in New York.[1][2][3] It helps enterprises measure, manage, and reduce GHG emissions across operations, suppliers, vendors, and portfolio companies through automated data collection, auditable inventories, dashboards, and reporting tools, serving over 1,000 customers and 5,000+ suppliers in 40+ countries with 70+ employees across four offices.[1][3][6] Acquired by ACT Group in 2023 (corporate majority stake), the company has raised $2.8M, generates ~$5.8M in revenue, and recently expanded via the July 2025 acquisition of Emitwise's technology for enhanced Product Carbon Footprint (PCF) and AI-driven supplier engagement.[2][3][5]
The platform targets private equity firms tracking portfolio emissions, companies managing supply chain Scope 3 emissions, and eco-focused organizations aligning values with data reporting, enabling scalable decarbonization without dedicated sustainability hires.[1][3][4]
Origin Story
Green Project Technologies was founded in 2020 by Sam Stark, a former Goldman Sachs strategist in the Energy and Sustainability group, who identified gaps in tools for engaging suppliers on emissions during support for the firm's Net Zero goals.[1] Stark's experience revealed that major emissions hide in complex supply chains, inspiring a platform for practical measurement, management, and reduction.[1]
Early traction came from rapid customer onboarding and capital raises, leading to ACT Group's majority acquisition in April 2023, which bolstered its global team from firms like SBTi, ERM, and Oliver Wyman.[1][2] Pivotal growth included the 2025 Emitwise acquisition, integrating AI/ML for supplier PCF and mobilization, with Emitwise co-founders joining as CTO and CPO.[5]
Core Differentiators
- End-to-End Supply Chain Focus: Combines supplier engagement, verified Scope 3 data, audit-grade carbon accounting, PCF calculation, and renewable energy procurement via act50 marketplace, unlike fragmented competitors.[1][5][6]
- Automated, Scalable Tech: API integrations, AI/ML-driven onboarding, and dashboards enable quick emissions tracking for thousands of suppliers without manual consultants; trusted by procurement leaders for transparency and scoring.[3][4][5]
- Audit-Grade Reporting & Compliance: Generates ESG reports, SBTi-aligned targets, and auditable GHG inventories, serving private markets, PE firms, and corporates with rigorous standards.[1][3][4]
- Global Team & Backing: 70+ experts from top sustainability firms, post-ACT integration and Emitwise talent, plus flexible benefits like full health coverage.[1][5]
Role in the Broader Tech Landscape
Green Project rides the decarbonization tech wave, addressing surging demand for Scope 3 emissions management amid regulations like CSRD, SEC climate rules, and corporate Net Zero pledges, where supply chains account for 70-90% of emissions.[1][2][5] Timing aligns with 2025's AI-enhanced sustainability tools boom, as firms face supplier mobilization pressures; competitors like Optera, Persefoni, and Vert focus on similar tracking but lack Green Project's integrated procurement and PCF depth post-Emitwise.[2]
It influences the ecosystem by enabling PE portfolio decarbonization and corporate-supplier collaboration, partnering with Scope 3 Peer Group and SME Climate Hub, while ACT Group's resources accelerate enterprise adoption in a $2,551-company decarbonization market.[2][5]
Quick Take & Future Outlook
Green Project is poised for accelerated growth through Emitwise integration, targeting expanded PCF adoption and supplier programs amid rising Scope 3 mandates.[5] Trends like AI automation, regulatory tightening, and carbon markets will propel it, potentially scaling to enterprise giants via ACT's network.[1][5]
Its evolution from Stark's insight to a one-stop supply chain platform positions it to shape procurement-led climate action, empowering businesses to turn goals into verifiable impact.