Carbon accounting

Greenly

68Credible Contributor

Paris, FranceFounded 20190 followers

greenly.earth

SaaS carbon accounting platform enabling companies to automate GHG measurement across Scope 1, 2, and 3 using a library of 300,000+ emission factors, with compliance support for CSRD and GHG Protocol.

Green Score

68/100
Credible Contributor
Greenwashing risk
low
Data confidence
medium
Method
how it is calculated
Climate Impact & Solution35%72

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

Greenly's core product directly enables GHG measurement and decarbonisation planning for 3,500+ companies across 25 countries, with self-reported figures of 280 Mt CO₂e tracked and 6.7 Mt already reduced or avoided — but these are unaudited, self-declared figures and the causal link between platform use and actual emission reductions at client level is not independently verified.

Decarbonization & Targets20%52

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

Greenly publicly signals SBTi-alignment in its client tools and holds CDP Accredited Solutions Provider status, and its own ESG report references a 'lean footprint' and B Corp certification, but no independently validated SBTi near-term or net-zero target for Greenly itself was found in public sources, and no CDP disclosure score for the company could be confirmed — limiting confidence in the robustness of its own climate commitments.

ESG & Operations15%68

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

Greenly holds B Corp certification and publishes an annual ESG report, operates with ISO 27001 and SOC 2 security standards, and positions itself as a purpose-driven employer; however, as a ~200-person SaaS startup, detailed public data on labour practices, pay equity, board diversity, or supply-chain social standards is limited, and the 2024 ESG report is largely a marketing-oriented document rather than a fully audited disclosure.

Transparency & Verification15%58

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

Greenly publishes an ESG report and claims B Corp certification, CDP accreditation, and alignment with GHG Protocol and ISO 14064, but the firm's own Scope 1-3 carbon inventory is not publicly disclosed in a standalone, independently assured format; self-reported impact figures (e.g. 6.7 Mt avoided) lack traceable third-party verification, and independent reviewers note the platform's AI outputs require significant internal quality control before they meet Big Four assurance standards.

Integrity15%90

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No material controversies, litigation, regulatory sanctions, greenwashing allegations, fossil-fuel lobbying ties, or governance scandals were found in any public source; Greenly's published research has, if anything, called out greenwashing by third parties (e.g. FIFA World Cup carbon neutrality claims), and no conflicts of interest or war-zone involvement were identified.

Why it's on ClimateTicker

Greenly is a genuine climate enabler: its core SaaS product exists solely to help other companies measure and reduce their GHG emissions across Scopes 1-3, democratising carbon accounting for SMEs and mid-market firms who could not otherwise afford dedicated sustainability teams. The indirect climate impact is real but contingent on whether client companies act on the data — Greenly sells measurement and planning infrastructure, not guaranteed emission reductions. As a B Corp–certified, CDP-accredited platform with no fossil-fuel exposure and no material controversies, the business is credible, though Greenly's own SBTi-validated targets and independent verification of its self-reported impact metrics remain partially opaque in public sources.

enablerGreenly earns recurring SaaS subscription revenue tiered by company size, data complexity, and module selection (carbon accounting, LCA, ESG reporting suite); it also generates revenue through a partner/reseller programme (300+ partners) that white-labels or refers the platform.

Commitments & Certifications

Controversy & Greenwashing Watch

lowAI Output Quality Control Gap

Independent reviewers note that Greenly's AI-driven carbon accounting requires significant internal quality control before outputs meet Big Four ISAE 3000 assurance standards, raising questions about the robustness of results for regulated disclosures without additional human review.aigreentools.com

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