Avarni is a software company that provides automation software for measuring and managing greenhouse gas emissions in supply chains. Their software simplifies the process of data collection and analysis, enabling organizations to establish a baseline of their emissions and set meaningful reduction targets. They have extensive technical knowledge in the greenhouse gas emissions and reductions space and offer a technology platform that enhances the speed and quality of delivering emissions insights.

Avarni

Avarni is end-to-end carbon management software that allows organisations of all sizes to quickly identify and measure Scope 1-3 emissions across their entire organisation using their financial data. They can invite their suppliers to add their emissions for free, and leverage built-in forecasting tools to develop robust carbon emission management plans and strategies.

Avarni is being used by some of the world's biggest companies, including KPMG, Schneider Electric, The City of London Corporation, WNS, and Point B.

With companies under heavy pressure globally from government, investors and consumers to be more proactive about their emissions, Avarni aims to accelerate the transition of sustainable practice and set new benchmarks across all industries.

Vulpes Ventures

Main Sequence Ventures

Common Sense Ventures

⭐ NEW Avarni feature: Custom Fields meet Custom Dashboards! ⭐ 

Our latest product release allows you to create your own Custom Fields with your Custom Dashboards, ensuring your unique organisational data is not only stored but visualised exactly how you need it.

Here’s how it transforms your experience:

📊 Familiar visualisation, fresh data: While the graph types remain consistent, you now have the power to plot custom fields within those graphs, giving you broader and more flexible insights.

⚡ Simple integration: Adding custom fields to your dashboards is a simple and straightforward! When creating your custom graph, simply select your custom field from the “Group By” or “Stack By” dropdown menu. No additional steps needed.

💡 Your data, your story: Whether it's specific supplier codes, department tags, unique project names, or any other bespoke data fields, you can now create graphs that tell your organisation's unique carbon emission narrative.

To read our October 2023 product update, click the link in the comments ⬇ 

#carbonaccounting #climatetech #productdevelopment

A big THANK YOU to Lea Rausch and Overnight Success for this brilliant article that explains how Avarni is helping companies to decarbonise their supply chains and actually achieve their net zero targets 🙌 📉🌏

🌏 Avarni is thrilled to announce our role as founding members of the Greenhouse Tech Hub, the largest climate tech hub in Australasia!

🇦🇺 Situated in the magnificent Salesforce Tower, this hub spans three floors with breathtaking views of Sydney's Circular Quay, Harbour Bridge, and Opera House.

🤝 With a capacity for 500 professionals from climate tech startups and associated companies, our first week here has already led to exciting connections and conversations.

✂ Our Sydney-based team had a fantastic time at the grand opening ceremony on Wednesday, complete with a massive ribbon-cutting ceremony alongside Sydney's Lord Mayor, Clover Moore.

💚 A heartfelt thank you to the Greenhouse team for their warm welcome to our new home. We eagerly anticipate the next part of our journey within Australia's climate tech landscape!

#GreenhouseTechHub #ClimateTech

The Australian Accounting Standards Board (#AASB) has just released an exposure draft, paving the way for climate-related financial reporting standards in Australia. Here's a brief summary of the draft:

🌏 The Australian Sustainability Reporting Standards (#ASRS) are taking their initial step into the world of sustainability reporting, with a primary focus on climate-related financial disclosures.

📅 A 120-day comment period on the exposure draft is now open, running until March 1, 2024, with the standards set to be in effect from July 1, 2024.

📈 These standards will initially apply to companies that meet at least two of the following criteria: more than 500 employees, over $1 billion in assets, and revenue exceeding $500 million.

🌐 ASRS 1 and 2 are largely influenced by the International Sustainability Standards Board (#ISSB) but emphasize climate-related disclosure in alignment with government efforts to make climate reporting mandatory under new legislation.

🔍 AASB is committed to modifying ISSB standards to make them more suitable for the Australian context, focusing on climate reporting for now.

🇦🇺 These standards are set to become mandatory in July, contingent on legislation from Parliament.

📊 The exposure draft includes proposals such as requiring entities to disclose any absence of material climate-related risks and opportunities and to convert greenhouse gases into CO2 equivalent values.

🌡️ While emissions disclosure is crucial, the emphasis is on risk disclosure – understanding the threats and opportunities posed by rising temperatures.

📝 Reporting entities will undertake climate resilience assessments against various future scenarios, disclosing market-based Scope 2 greenhouse gas emissions.

🔄 The default methodology for reporting entities is the National Greenhouse and Energy Reporting Act 2007 (NGERS).

💼 A "principles-based approach" will be taken to Scope 3 emissions reporting, recognising the complexity of this new territory.

🗣️ Stakeholder input is essential, and AASB plans to engage with the community through outreach events, an online survey, and written submissions.

This exposure draft is a significant step toward creating a robust framework for climate-related financial disclosure in Australia. It's an important development for companies and investors alike, as it places greater emphasis on transparency and accountability in addressing climate risks and opportunities.

➡ Click the link in the comments to read the full article on this story ⬅ 

💡 Get in touch to learn how Avarni can help automate your climate-related financial disclosures.

#SustainabilityReporting #ClimateDisclosure

💡 Last week, Avarni's Head of Customer Success, David Tan, joined City of London Corporation's Sustainable Supply Chain Manager, Kristina Jackson for an informative webinar highlighting:

🌍 The significance of tracking and reporting on Scope 1-3 emissions
🏙 The pivotal role of city councils in driving emission reduction through supply chain mobilisation
🔎 A case study featuring the City of London's success in engaging its 25 top suppliers and automating its carbon management

Thank you to David and Kristina for putting together such an informative webinar, and to everyone to attended and participated by asking great questions and sharing valuable insights during the Q&A period.

▶ Click the link in the comments to watch the full webinar recording ▶

💡 Struggling to make sense of the various global regulations for Scope 3 reporting and disclosure? This handy guide can help. 

🌏 Due to the escalating need for transparency regarding carbon emissions, organizations find themselves facing mounting pressure to disclose the emissions derived from their supply chain, known as Scope 3 emissions. These emissions can constitute more than 90% of their overall greenhouse gas (GHG) emissions and can prove especially difficult to quantify accurately. 

 📖 This guide provides a thorough examination of the obligatory reporting guidelines for Scope 3 emissions in the European Union, the United States, and nations embracing the ISSB standards. It outlines the specific criteria your organization must adhere to within each regulatory framework, enabling you to adeptly navigate this intricate and ever-changing terrain with confidence.

#scope3 #ISSB #carbonaccounting

🔥 LAST CHANCE to register for our webinar on City of London Corporation's net zero supply chain journey! It's taking place Thursday at 1pm BST but if you can't make that time, you can still register and we'll send you the webinar recording after the session.

🌎 Join over 120 city councils & departments, procurement organisations, suppliers, and more, and learn about the City of London's success in engaging its 25 top suppliers and automating its carbon management.

Click the link in the comments to secure your spot ⬇ ⬇ ⬇

💡 Groundbreaking legislation (#SB253) was signed into law over the weekend by California governor Gavin Newsom. It require public and private companies whose annual revenues exceed $1bn to disclose their carbon emissions, including Scope 3 emissions generated by their supply chains. 

🏭 The law affects roughly 5,300 corporations and is backed by some of the world's biggest companies including: Adobe, Apple, Google, Ikea, Microsoft, Patagonia, and Salesforce.

🤝 In a world where ESG reporting, notably #scope3 reporting, is becoming increasingly critical, the need for a reliable partner is greater than ever. Avarni streamlines the process of gathering emissions data from your supply chain and provides you with essential insights to guide your net zero journey. Get in touch to learn more!

https://lnkd.in/e8u8SACu

Our Co-Founder and Co-CEO Misha Cajic recently sat down with the Friendly Futurist, 🎧 Dave Monk MPhil CPM 🎙, to chat about Avarni's mission and the work we're doing to help decarbonise the world's supply chains.

🔊 Click the link in the comments to listen to the interview. ⬇ 

🙌 Thanks for the opportunity Dave!

#netzero #supplychains #scope3

💡 Are you trying to decarbonise your organisation but don't know where to start? Check out our upcoming webinar with Kristina Jackson, City of London Corporation's Sustainable Supply Chain Manager. Learn how they mobilised their top 25 suppliers for emissions reductions, and explore the challenges they tackled, the strategies they employed, and the remarkable results they achieved. 🌍 

➡ Reserve your spot today:

https://lnkd.in/ghFqBzRK #netzero #supplychain #scope3

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