Our purpose is to inform and inspire substantive, positive climate action.
We’re a group of technology entrepreneurs, design thinkers, cognitive computing experts, climate change specialists, economists, data scientists, actuaries, financial professionals, lawyers and anthropologists - who’ve come together to build amazing technology that helps solve one of the world’s biggest challenges.
Our mission is to shine a light on climate risks and opportunities, and advance strategies to thrive.
In January 2020, climate change visionary and entrepreneur Laura Zizzo (co-founder of Mantle314, a leading global climate change consultancy advising Fortune 500 banks, utilities, asset managers and governments), and successful technology entrepreneur Jeremy Greven (founder of Prompt Alert Inc. and Venture Capital 6SquaredCapital) joined forces to build a platform (the first product of Mantle314), to help companies navigate the risks and opportunities of climate change. The platform will give companies a clear and simple way to understand, assess, govern and disclose climate-related risks and opportunities, and provide greater transparency for stakeholders.
Climate Change is the biggest economic threat and opportunity
In 2015, the Financial Stability Board appointed former Governor of the Bank of England Mark Carney, and CEO of Bloomberg, Michael Bloomberg, to lead the Task Force on Climate-related Financial Disclosures (TCFD).
TCFD created a universal, consistent, climate-change-related financial disclosure framework that all companies can use to provide decision-useful information to investors, lenders, insurers, and other stakeholders. The goal of TCFD is to shed light on climate change – the biggest economic threat and opportunity that the world has ever seen.
Source: Recommendations of the Task Force on Climate-related Financial Disclosures, June 2017
Companies today are facing enormous internal and external pressure to disclose climate change risks and opportunities. In January 2020, a letter penned by Larry Fink, the CEO of the world’s largest asset manager BlackRock, demanded all portfolio companies comply with TCFD recommendations – putting the world’s companies on notice. So far, more than 1,800 companies, including 340 investors with $34 trillion in assets under management, are supporting TCFD.
TCFD provides the framework for disclosure, but companies are left to navigate the uncharted waters of standards, climate data models, climate scenarios, sector and geographic specific risks and opportunities, and the economic, social, technological and other implications of transition to a low-carbon economy.
Simply put, companies don’t have a clear and simple way to understand, assess, govern and disclose climate-related risks and opportunities.