SustainaBase, a carbon acounting and data management software solutions provider for corporate sustsinability reporting, was acquired by globally recognized ISS-Corporate, a leading provider of compensation, governance, cyber risk monitoring, and sustainability offerings to help companies improve shareholder value and reduce risk.
SustainaBase platform is a cutting-edge carbon accounting solution designed by environmental scientists and programmers to streamline the complex greenhouse gas (GHG) emissions data process, turning emissions into actionable insights. They are a technology company that focuses on helping organizations manage and reduce their carbon footprint through data-driven solutions. The Sustainabase platform that enables businesses to track, analyze, and report on their sustainability efforts, particularly in areas related to carbon emissions and environmental impact. Sustainabase uses advanced data analytics to guide companies toward making more environmentally conscious decisions, offering insights that help organizations optimize their operations for sustainability.
The West Palm Beach-based startup was founded in 2020 by Gaida and Matthew Zirkelbach. Gaida, the company’s CEO, recognized a need for a platform designed to simplify the complexities of sustainability reporting, making it easier for companies to comply with environmental regulations and meet their sustainability goals. By leveraging technology, Sustainabase aims to accelerate the transition to a more sustainable and low-carbon economy. The company typically works with organizations across various industries that are committed to improving their environmental performance and achieving measurable sustainability outcomes. Just a few of their notable clients include CITY Furniture, Garden of Life, Ryder, Cracker Barrel and Perdue Farms.
Gaida Zirkelbach, Co-founder and CEO of SustainaBase
“Carbon accounting was painful, outdated, and inaccurate. We knew we could solve that,” Gaida Zirkelbach, Co-Founder of SustainaBase confidently shared. “It was inevitable that carbon data would become an operational “must have” for thousands of companies, and that there were so many challenges related to data collection, automation, accuracy and auditability we could help them solve.”
“Gaida added, “It’s been amazing to turn sketches and a small database we started in our living room into a platform being used by publicly traded and private companies with operations all over the world. And it has been incredibly rewarding to work on something that aligns value and profit with purpose.”
Just this week, ISS Corporate Solutions, Inc. (ISS-Corporate) made the announcement that they had acquired Sustainbase which will now benefit thier clients through ISS-Corporate’s holistic climate offering, assisting clients with their regulatory needs on climate risk, strategy, target setting and reporting. Over the coming months, the offering will be integrated into ISS-Corporate’s platform alongside other services to help clients with their climate and broader sustainability reporting demands. SustainaBase’s team, with deep expertise in carbon accounting, data collection, and reporting, will join ISS-Corporate and focus on the continued expansion of client engagement and product capabilities.
Marija Kramer, Head of ISS-Corporate
Companies turn to ISS Corporate Solutions, Inc. (“ISS-Corporate”) for expertise in designing and managing governance, compensation, sustainability, and cyber risk programs that align with company goals, reduce risk, and manage the needs of a diverse shareholder base by delivering data, tools, and advisory services. ISS-Corporate’s global client base extends across North America, Europe, and Asia, as well as other established and emerging markets worldwide. ISS-Corporate provides advisory services, analytical tools and publications to companies to enable them to improve shareholder value and reduce risk through the adoption of improved corporate governance practices.
“We are incredibly excited to welcome the SustainaBase team to the ISS-Corporate family and to rapidly integrate their offering into our growing suite of sustainability solutions,” said Marija Kramer, Head of ISS-Corporate. “SustainaBase’s SaaS platform will deliver a holistic carbon accounting solution to our clients, providing an additional pillar of support over the course of their sustainability journey.”
As regulatory, competitive, and supply chain pressures to measure and track GHG emissions have increased, SustainaBase meets the growing need for companies to deliver accurate and complete carbon data and reporting to their stakeholders. California SB 253 and the European Union’s Corporate Sustainability Reporting Directive, two of the most rigorous standards requiring reporting on all material Scope 3 (indirect emission) categories, are expected to bring tens of thousands of company suppliers under carbon reporting requirements.
“We are thrilled to partner with Marija and the entire ISS-Corporate organization to help thousands of companies develop, manage, report and act on their carbon footprint with credible, auditable data,” said Gaida. “With this exciting combination, companies will have precise GHG data they can count on to make informed business decisions, along with a full suite of solutions to meet growing regulatory and voluntary needs.”
Sustainabase was in the first-ever cohort at the 35 Mules innovation hub powered by Florida Power & Light Company (FPL), designed to help startups turn their game-changing ideas into reality. The program offers a unique blend of resources, including funding, expert mentorship, access to state-of-the-art facilities, and valuable connections within the energy sector. 35 Mules focuses on nurturing early-stage companies that aim to develop technologies in energy, water, and sustainability, supporting their growth from concept to commercialization. By fostering innovation and entrepreneurship, the program plays a crucial role in driving advancements that contribute to a cleaner, more sustainable future. This cohort and the opportunity to be a part of such a groundbreaking opportunity was pivitol for the startup.
“We have been supported by so many organizations in South Florida, from South Florida Tech Hub, to 1909, to the VMT, to 35 Mules,” shared Gaida. “As part of the 35 Mules initial cohort, we received advice ranging from SEO to finance, gained visibility, and made helpful connections. We are grateful for people like Pam Rauch, Crystal Stiles, and Danielle Moussou (FPL), Shana Ostrovitz (1909), Nikki Cabus (South Florida Tech Hub), Bob Nelson (VMT), Sarah Lucas, and many entrepreneurs who have been champions and mentors along the way.”
To learn more about Sustainabase, visit www.sustainabase.com/