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§ Private Profile · Luxembourg, Luxembourg, Luxembourg
SustainCERT is a technology company.
SustainCERT is a climate impact verifier founded in 2018 to build trust and credibility in the climate ecosystem. They audit climate projects and impacts in carbon markets and value chains to verify GHG reductions and removals.
SustainCERT has raised $56.3M across 3 funding rounds.
SustainCERT has raised $56.3M in total across 3 funding rounds.
SustainCERT has raised $56.3M in total across 3 funding rounds.
SustainCERT's investors include Citizen Capital, Innovacom, Microsoft, Energy Impact Partners, Jonathan Piquet, Hartree Partners, Rémi Said.
SustainCERT is a climate technology company that provides a leading global software platform for carbon emissions accounting, verification, and certification in carbon markets and corporate value chains.[1][2][3] It serves project developers, corporates, NGOs, and auditors by quantifying and verifying emissions—particularly Scope 3 value chain emissions—while certifying carbon credits and claims against standards like Gold Standard, Greenhouse Gas Protocol, Verra VCS, and UN Sustainable Development Goals.[1][2][3] The platform solves key pain points in climate action by using digital tools to simplify complex, manual processes, reduce costs, boost accuracy, and enable scalable co-investment and co-claiming of decarbonization impacts without double-counting.[1][3][5]
Launched as a for-profit, mission-driven entity, SustainCERT combines independent climate expertise with innovative digital monitoring, reporting, and verification (DMRV) to build trust in carbon credits and Scope 3 reporting.[2][3][4] Its growth includes pioneering a Scope 3 verification platform in 2023 for tracking interventions across supply chains, partnerships with registries like ICR, and a strong track record in sectors such as waste, agriculture, and afforestation.[3][4][5]
SustainCERT was founded in 2018 as an independent standalone organization spun out from Gold Standard, a leading sustainability standard-setter.[2][4][6] Co-founder and CEO Marion Verles, along with her team, identified barriers in adopting complex, cutting-edge standards for impact verification in climate and sustainable development.[1] The idea emerged from Gold Standard's challenges: while standards were rigorous, their complexity created high entry barriers, slow processes, and elevated costs for monitoring, reporting, and verification (MRV).[1][2]
As a for-profit, mission-driven company, SustainCERT aimed to leverage technology to democratize best-practice verification, lower costs, and increase accuracy for carbon offsets and corporate Scope 3 emissions.[1] Early traction came from aligning with frameworks like Gold Standard and expanding into digital solutions; by 2021, it led in DMRV, and pivotal moments include launching its Scope 3 platform in May 2023 and accreditations like joining ICR's validation/verification body network.[3][4][5]
SustainCERT rides the explosive growth of voluntary carbon markets and mandatory Scope 3 disclosures, driven by Paris Agreement goals, regulations like CSRD/EU ETS, and corporate net-zero pledges.[1][5] Timing is ideal amid scrutiny over greenwashing and low-quality credits, where digital verification addresses integrity gaps—scaling high-quality offsets and value chain action as emissions (80%+ Scope 3) demand collaborative decarbonization.[2][3][5]
Market forces favoring it include rising demand for credible credits (e.g., Article 6.4 compliance), tech advancements in remote sensing/AI for MRV, and multi-stakeholder initiatives like its co-founding of the Value Change Initiative for Scope 3 best practices.[2][4][7] It influences the ecosystem by enabling frameworks (Gold Standard, SBTi) to scale, fostering trust for corporates/NGOs to invest confidently, and pushing climate tech toward standardized, tech-enabled integrity.[1][3]
SustainCERT is poised to dominate digital verification as carbon markets mature toward $100B+ annually, with expansions into AI-enhanced DMRV, Article 6 compliance, and biodiversity credits.[3][4][7] Trends like regulatory harmonization (e.g., ISSB standards) and supply chain collaboration will accelerate adoption, potentially doubling Scope 3 platform users amid co-investment booms.[5]
Its influence may evolve from verifier to ecosystem orchestrator, powering "impact verification" as a financial parity metric and enabling tokenized credits for broader access.[1] With pre-IPO traction, expect partnerships with tech giants and acquisitions to cement its role in redefining credible climate action.[6]
SustainCERT has raised $56.3M across 3 funding rounds. Most recently, it raised $9.3M Other Equity in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 25, 2024 | $9.3M Venture Round | Citizen Capital, Innovacom | Microsoft | Announced |
| Jun 1, 2023 | $37M Series B | — | Energy Impact Partners, Innovacom, Microsoft, Jonathan Piquet, Hartree Partners, Rémi Said | Announced |
| Oct 1, 2021 | $10M Series A | — | Energy Impact Partners, Innovacom, Microsoft | Announced |