ClimeCo is pleased to announce that it has purchased a minority stake in EarthUP, Inc. (EarthUP.eco), a recent start-up focused on providing web-based sustainability solutions for employers and their employees. EarthUP provides effective environmental tips, rebates, and products to individuals, and a platform for their employers to encourage them in these efforts. This platform gives employers the ability to measure and report emissions related to their employees, bridging a key information gap in their companies’ understanding of their full environmental impact. ClimeCo (ClimeCo.com) will provide environmental solutions to EarthUP and is excited to support such an innovative concept.
EarthUP provides effective environmental tips, rebates, and products to individuals, and a platform for their employersTweet this
“In light of the shift of many employees to telecommuting over the past seven months, understanding employee greenhouse gas emissions and other environmental impacts have never been more significant for employers,” says Derek Six, ClimeCo’s Chief Business Officer. “This shift enabled us to see that the employee-employer relationship doesn’t necessarily end at the exit door of the business. The same ideas that help employees reduce their environmental impact also contribute to cost savings and improved health, productivity, and employee retention. EarthUP’s proposal to create a partnership between businesses and their employees is a revelation.”
ClimeCo has many clients who are doing their best to address their corporate environmental impacts, and this exciting new tool will help them to engage with their employees. For individuals, EarthUP provides tips to reduce emissions, traffic, energy, waste, and water, and offers incentives they can use to improve their living environments at home. The unique part about EarthUP’s platform is it allows employees and employers to work together to quantify and address environmental impacts.
“At EarthUP, we believe that by solving sustainability problems, we solve business problems,” says Stephen Bay, EarthUP’s CEO. “We are confident this truth is magnified when companies involve their employees, and we are looking for corporate partners to be leaders in proving this.”
EarthUP is currently conducting its pilot phase and expects to launch its public version in January. The web-based offering is expected to be a “freemium” product, with firms gaining access by subscription to enhanced reporting capabilities. EarthUP is currently allowing organizations to sign up via our website (https://www.earthup.eco/landing-page/home_organizations) to join the waiting list. Organizations that sign up before the launch date will get first access to the platform and will receive an enhanced dashboard at no additional cost.
With this investment, ClimeCo joins several other key investors, including Techquity (Techquity.ai), a founding investor that brings technology strategy expertise to the venture. Techquity’s expertise was a significant factor in ClimeCo’s decision to make this investment in EarthUP.