Berlin-based Greentech startup Plan A has developed a new SaaS tool to cover this ESG reporting in an automated fashion. The company has recently raised a $10M Series A round. Lubomila Jordanova, co-founder and CEO of Plan A, said:

 “Regulatory pressure is increasing. Investors, employees, and consumers are placing ever-growing importance on companies reporting their ESG impact and developing sustainable business models in line with their values. Our goal is to support them in this transformation process with innovative, digital tools.”

Its integrated module “automates measurement, analysis, and reporting of ESG performance, providing a central data management and reporting platform.”

Plan A plans to expand the decarbonization tooling and Scope 3 calculations for various industries.

The Berlin-based Greentech will also continue its international expansion. The goal is the current locations in Berlin, Paris, and Munich will be followed by others in the coming year, including London.