Julian Osborne is the founder of Pelt8, a platform helping companies manage their sustainability data. In 2015 he spent time in Kyrgyzstan and Georgia, visiting microfinance companies & their clients. He was inspired by how microfinance companies used selected non-financial indicators to assess loan risk and the financial loan impact, leading to an over 95% payback rate. Witnessing how targeted financial flows empowered individuals and small companies to create sustainable living inspired this venture.
What is the problem?
In 2022, EU’s regulations will push more than ten thousand companies to provide disclosures they have never collected or analysed before. While this is a tremendous opportunity to advance a continental sustainability agenda, barriers to progress are forming.
Many organisations do not yet have the processes and systems to collect and aggregate data spread across systems, geographies, spreadsheets, and stakeholders. With limited resources, organisations need to figure out what to do, who to do it with and how to push it forward - all of this under significant time pressure.
What is the Solution?
Pelt8 is a cloud solution that removes complexity from the sustainability space by making sustainability measurable and manageable.
Companies can collect data from their organisation and external stakeholders across their supply chain while connecting to third party solutions they need. To respond to the growing demand for disclosures, we also provide the tools to create reports based on international standards, EU regulations, or tailored to our clients' needs.
Pelt8 helps companies reach their sustainability goals. To achieve this goal at scale, we engage with our clients to help us onboard their suppliers onto Pelt8 by involving them in the business case and incentivising successful conversions. A share of the revenues is then invested in sustainability or impact-driven projects of their choices.