Summary
Cut through the green tape
We don’t push agendas. At Net Zero Compare, we cut through the hype and fear to deliver the straightforward facts you need for making informed decisions on green products and services. Whether motivated by compliance, customer demands, or a real passion for the environment, you’re welcome here. We provide reliable information—why you seek it is not our concern.
Details
Deep dive
Solutions & Offerings
Businesses today face growing pressure to measure and reduce their environmental impact. For many, this task can seem overwhelming. Altruistiq offers a platform designed to make sustainability simple, effective, and actionable for companies. From tracking emissions to engaging with suppliers, this software provides the tools you need to understand and manage your environmental data.
Corporate Footprinting
One of Altruistiq's standout features is its Corporate Footprinting platform. It’s built to handle complex data, helping businesses measure greenhouse gas (GHG) emissions across their entire operation—no matter how big or small. They describe it as capable of measuring emissions at “near-infinite scale,” which means it’s ideal for both local and global companies.
Key Features
Efficient Data Management
Gathering data for sustainability reports can be a logistical nightmare, but Corporate Footprinting simplifies this process. It consolidates data from various sources—structured (like spreadsheets), semi-structured (like PDFs), and even unstructured formats. This means you can calculate emissions, energy use, waste, and water consumption without juggling multiple tools.Rapid Emissions Calculations
With over 180,000 emissions factors (data points that help calculate environmental impact), Corporate Footprinting is especially strong in industries like agriculture. It can process millions of rows of data in record time, ensuring the results are accurate and actionable.Powerful Analytics and Forecasting
The platform doesn’t just give you raw numbers; it helps you analyze them. By evaluating emissions across all three GHG scopes (direct, indirect energy, and other indirect emissions), you can uncover detailed insights and run scenario modeling. Let’s say your company is considering switching to renewable energy. The platform can predict how that change would reduce emissions and impact costs.Traceability for Confident Reporting
Whether it’s for internal purposes or regulatory compliance, Altruistiq ensures transparency. Every calculation is traceable back to its original data source, and the platform offers easy-to-export reports and dashboards. This is particularly useful for audits or stakeholder presentations.
Source:
Corporate Footprinting - Altruistiq (https://altruistiq.com/platform/corporate-footprinting)
Product Footprinting
Understanding the environmental impact of individual products can be daunting, especially if you manage a large portfolio. That’s where Altruistiq’s Product Footprinting solution comes in. It’s designed to help businesses calculate Product Carbon Footprints (PCFs) across their entire product lineup—quickly, accurately, and at scale. If your company is producing thousands of products monthly, this tool makes it manageable.
Key Features
Generate PCFs for Your Entire Product Portfolio
Product Footprinting allows you to apply calculations to millions of rows of data from Bills of Materials (BOM). It even automatically allocates processing emissions, providing unmatched granularity at the manufacturing site level.Share PCFs at Scale
Once your PCFs are calculated, you can share them confidently through the PACT network (a system designed for carbon transparency). You can also export your data in various formats like PDF, Excel, or CSV, making it easy to communicate your sustainability progress to stakeholders or partners.Model Product Eco-Design
Product Footprinting doesn’t just calculate numbers; it helps you design better, more sustainable products. By accessing over 180,000 secondary emissions factors, especially for agriculture, you can refine calculations based on supplier data or adjust for eco-friendly design changes.Use Trusted Emissions Factors
The platform makes it easy to explore emissions variations by region or time, build custom dashboards, and even simulate changes to your supply chain.
Source:
Product Footprinting - Altruistiq (https://altruistiq.com/platform/product-footprinting)
Supply Chain Engagement
Altruistiq’s Supply Chain Engagement platform is built to help businesses collaborate with suppliers, capture accurate primary data, and make informed decisions to reduce environmental impact. This tool is designed to simplify the complexities of supplier engagement, making it easier to collect, analyze, and act on data.
Key Features
Identify Material Suppliers
The platform automates supplier identification using your existing purchase order data. It also visualizes the environmental impact of suppliers based on emissions materiality, ingredients, or custom categories. Additionally, it allows you to group suppliers into cohorts to prioritize outreach.Deliver a Smooth Supplier Experience
Engaging with suppliers can sometimes be challenging, but Altruistiq ensures the process is smooth and aligned with standards like PACT and CDP. Suppliers only need to upload their data once, and they can respond to multiple requests with a single click. The platform also gives suppliers access to tools like impact calculators and sustainability support.Fine-Tune Scope 3 and PCF Calculations
Scope 3 emissions, which include supply chain emissions, can be tricky to calculate accurately. Altruistiq allows you to assess the quality of data from suppliers and decide whether to integrate it into your calculations. You can also model the impact of procurement decisions on both your corporate and product carbon footprints.Manage Mass Supplier Engagement
The platform supports bulk data requests with customizable messaging, making it easier to communicate with multiple suppliers at once. Suppliers can securely share invites with their teams, while businesses can analyze response rates, track progress, and send follow-ups.
Source:
Supply Chain Engagement - Altruistiq (https://altruistiq.com/platform/supply-chain-engagement)
Trusted by Leading Companies
Altruistiq works with businesses across various industries. Some of their well-known customers include:
Nando’s (restaurant chain)
Urban Outfitters (retail)
Careem (ride-hailing)
Gousto (meal kit delivery)
Huel (nutrition products)
Octopus Energy (clean energy provider)
Why Businesses Love Altruistiq
Audit-Ready by Design: Altruistiq’s tools are ISO-certified, meaning your data is ready for audits at any time.
Interoperable with Suppliers: The platform helps you exchange data efficiently, making it easier to collaborate with your supply chain.
Enterprise-Ready Security: With certifications like ISO 27001:2022, your data is kept secure.
Partnerships
Systemiq
The partnership with Systemiq focuses on enabling sustainable transitions for businesses and investors. Combining Systemiq's economic systems expertise with Altruistiq's advanced data tools, this collaboration provides tailored solutions for automating sustainability data measurement, management, and exchange. Together, they help enterprises seize opportunities during the net-zero transition.
Systemiq is known for its focus on regenerative land use, circular materials, and sustainable finance.
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AWS
Altruistiq partners with AWS to harness the power of cloud computing for sustainability. AWS’s tools enable Altruistiq to deliver faster, smarter decision-making features, backed by scalable data storage and AI-powered analysis.
AWS’s sustainability initiatives, such as its carbon calculator and renewable-powered data centers, further enhance Altruistiq’s ability to operate efficiently and responsibly. Click here to access Altruistiq's page on AWS Marketplace.
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B Corp Certification
B Corp is a global movement of companies that use business as a force for good. To achieve certification, businesses must meet rigorous criteria across governance, workers, community, environment, and customer impact. Altruistiq excelled in these areas, earning an impressive score of 102.9, well above the sector average of 80.8.
Altruistiq's B Corp Score Breakdown:
Governance (15.1/25): Accountable and transparent. Sustainability is built into their operations.
Workers (37.0/50): Focused on inclusivity and creating a supportive work environment.
Community (22.1/50): Committed to empowering communities with time and resources.
Environment (25.9/50): Environmentally focused across all aspects of the business.
Customers (2.6/5): Designed to maximize customers' sustainability performance.
How Did Altruistiq Achieve This?
Altruistiq has always operated as a "sustainability native," embedding eco-friendly practices into their operations. They help businesses design and deliver products that are better for the planet.
Altruistiq has also launched a DE&I committee, achieving a 97% employee inclusion score in 2022.
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Plans & Pricing
Altruistiq’s pricing is not publicly available, as it is tailored to each business’s specific needs. Pricing is based on actual usage, with charges varying depending on the amount of data processed and features utilized. Subscriptions are flexible, with no end date, and can be canceled at any time, providing businesses with the freedom to adjust their plans as required.
You can get a tailored quote or book a demo via this link.
Closing Insights
Altruistiq is a great choice for businesses ready to take sustainability seriously. It’s packed with features like carbon tracking and supply chain tools, making it perfect for larger companies. The platform is flexible and works well for complex operations, but the pricing isn’t shared publicly, which might make it harder for smaller businesses to get started. If they made pricing clearer, it could be even more appealing to a wider range of companies.
