Claims Carbon, the first insurance focused climate tech startup, raises €1,1m seed round. The Stockholm based climate and insurtech startup helps insurers reach net-zero in their entire value chain.
On March 24th, Norrsken House and City of Stockholm hosted the first Stockholm Impact Meetup, an event to showcase the best of the Stockholm impact community. ClaimsCarbon was one of the seven exciting and impactful startups featured in the event.
Due to the increased focus on scope 3 GHG emissions, more and more financial institutions have begun reporting their scope 3 emissions. That’s good news from a climate perspective, because in order to define meaningful reduction targets, one must first understand the emission sources. It is, however, also worth acknowledging that there are challenges involved in determining these emissions.
Besides being “the right thing to do”, we believe that having a laser sharp focus on GHG emissions across the entire value chain makes perfect business sense for insurance companies. The early adopters will be in a unique position to meet the needs of stakeholders and attract new customers through public disclosure of GHG emissions, progress toward GHG targets, and demonstration of environmental stewardship. Our mission is to help the insurance industry decarbonize insurance.