Startup Of The Week

Startup Of The Week: SINAI

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Article Summary: Corporate use of an internal price on carbon is becoming the new normal for major multinationals: In 2020 more than 2000 companies factored an internal carbon price into their business plans, representing an 80% leap over five years, according to CDP, a not-for profit organization that focuses on environmental impact reporting. The widespread adoption of internal carbon prices as a line in public companies’ budgeting and strategic planning illustrates the mainstreaming of climate change action. That’s where Sinai Technologies, a World Economic Forum Technology Pioneer, comes in. It has developed a software platform that helps companies  measure, analyze, price, and reduce carbon emissions across their value chains.    

About the author

Jennifer L. Schenker

Jennifer L. Schenker, an award-winning journalist, has been covering the global tech industry from Europe since 1985, working full-time, at various points in her career for the Wall Street Journal Europe, Time Magazine, International Herald Tribune, Red Herring and BusinessWeek. She is currently the editor-in-chief of The Innovator, an English-language global publication about the digital transformation of business. Jennifer was voted one of the 50 most inspiring women in technology in Europe in 2015 and 2016 and was named by Forbes Magazine in 2018 as one of the 30 women leaders disrupting tech in France. She has been a World Economic Forum Tech Pioneers judge for 20 years. She lives in Paris and has dual U.S. and French citizenship.