Business Culture Economy

Saving the planet, one startup at a time: The new breed of startups championing sustainability

 

 

Every year since 2017 the local entrepreneurial multiverse has celebrated incredible new businesses in the hotly-contested South Africa’s Top 5 Most Exciting Startups Awards. In recent years the judges’ attention has shifted to startups that are making a difference, particularly those that are eco-conscious and environmentally minded.

 

One of the most exciting and important areas in which a new class of startups is emerging is the field of sustainability. This shift is clear in the inclusion of CURBON in the most recent Top 5 Most Exciting Startups.

 

Pioneering a greener world: the promising outlook of climate change tech

Climate change is a pressing global issue that requires immediate action. Startups that offer innovative solutions to mitigate and adapt to the effects of climate change are in high demand.

 

CURBON has developed a solution that calculates the cost of offsetting the carbon footprint of online purchases, from production to doorstep delivery, and allows shoppers to offset their online purchases by purchasing carbon credits that are then used to finance climate change projects around the world.

 

“Carbon offsetting is important for addressing climate change challenges now,” says Steffen Burrows, CURBON’s director and co-founder, “because it provides an immediate solution to reducing carbon emissions while affording us the breathing room to transition to more sustainable energy sources and reduce our overall carbon footprint in the long term.”

 

Challenging mindsets as a startup starts from the ground up

While it may be tempting for individuals to view climate change as a challenge that can only be tackled by national government and industry, this is not accurate. Although people have contributed to the problem, we also have a critical chance to be part of the solution.

 

“As a startup, funding is always challenging. People always think if you get the funding, you’ve made it. But that’s not the end of it. You also have to think carefully about barriers to entry for adoption of your product or service. Startups that aren’t delivering or answering a direct problem for other businesses or consumers are starting to drop,” says Burrows.

 

“We’re focusing on ecommerce carbon offsetting made simple, through plug-ins. We’ve grappled with barriers to entry, from a B2B perspective, it’s zero cost to the company, we can integrate on all leading platforms and set up to go live in minutes,” notes Burrows.

 

Climate action in just one click

This is where CURBON makes a huge impact in making climate action cost-effective and directly accessible by helping people reduce the carbon impact of their daily activities (such as online shopping) without requiring them to make any major behavioural changes.

 

“‘Carbon offsetting bridges the gap between where we are now, and where we want to be in the future. It provides funding for the development of sustainable projects and technologies that promote renewable energy, energy efficiency, and reforestation,” Burrows enthuses.

 

Trustworthy tech startup: building that cred

Credibility is make-or-break in the sustainability space. “We want to do things that make an impact. Every step of our carbon offsetting method has been carefully verified by leading international oversight regulatory bodies. This means both every company that adopts the CURBON plugin and their customers can trust that every transaction made is an active contribution toward a low-carbon future, visible through specific projects selected for their potential in offsetting carbon equivalent emissions and empowering communities.

 

Today ecommerce, tomorrow the world

Globally, the UN Environment Programme’s Emissions Gap Report 2022 found that the world must cut emissions by 45% to avoid global catastrophe. Carbon Tax is a looming reality for South African businesses. “Setting a basis for carbon reduction is important for companies, but who can afford to hire a process re-engineering specialist in a recession? That’s where technology is going to shine.”

 

“Ecommerce is just a starting point. Carbon footprint tracking tools can provide businesses with complete visibility into emissions across their value chains, helping to identify emission hotspots, quick wins and monitor the real-time impact of decarbonisation efforts,” Burrows explains.

 

Technology is essential in achieving sustainable change, simplifying compliance with increasingly tight regulations, and giving businesses the tools to easily manage, monitor, and make decisions more efficiently as they work toward becoming carbon neutral. “I can’t wait to see what climate change technology startups like CURBON are going to be doing next to save the planet. Literally.”

Leave a Comment

Your email address will not be published.

You may also like

Business Economy

A booming continent needs a new payment infrastructure

post-image

Africa is an exciting, vibrant and creative place to do business. But make no mistake, it has its challenges. Currency devaluation, political instability, and service disruptions are endemic. Africa is not for sissies, as the saying goes.

 

In navigating those challenges, relationships matter. It’s not so much about throwing money at a problem, it’s about investing time, building trust, meeting with partners and regulators, and understanding each other’s needs.

Africa offers an enormous upside for those prepared to make this time investment. The continent’s population is set to reach 2.5 billion (http://apo-opa.co/3W7Kp4w) by 2050, and Africa’s people are embracing digital technology, as the World Bank (http://apo-opa.co/3Waln4F) confirms. They are leveraging digital connectivity to improve their lives, educate themselves, send remittances, and start small enterprises. There is value in investing in that level of human development.

The payments opportunity

Running through this African growth trajectory is…

Read More
Business Economy Government

Nigeria Data Protection Commission Partners with Civil Service to Advance Privacy Practices

post-image

 

The National Commissioner and CEO of the Nigeria Data Protection Commission (NDPC), Dr. Vincent Olatunji, led a delegation on a courtesy visit to Mrs. Didi Esther Walson-Jack, OON, the Head of the Civil Service of the Federation. The visit, held in Abuja, was aimed at fostering collaboration, promoting privacy awareness, and enhancing data protection practices within Nigeria’s civil service.

During the meeting, Dr. Olatunji highlighted the importance of data protection in the digital era and commended Mrs. Walson-Jack for her unwavering commitment to the rule of law, especially in advancing digitalisation and data protection in Nigeria. He delivered a detailed presentation on the NDPC’s establishment, outlining its strategic roadmap and its alignment with President Bola Ahmed Tinubu’s 8-point agenda, particularly in governance and job creation.May be an image of 5 people, dais and text

Achievements and Plans Shared by NDPC

Dr. Olatunji noted the…

Read More
Business Culture Economy Travels Trends

Margaret Olele Shares Vision for 2025 with Focus on Empowering Women and Driving Change

post-image

 

Margaret Olele, the Chief Executive Officer of the American Business Council, has highlighted her aspirations for 2025, drawing on the impactful activities she engaged in last year. While some may advocate for leaving the past behind, Olele emphasized that certain initiatives from 2024 have laid the groundwork for her plans to make a significant impact this year, particularly in empowering women and fostering meaningful collaborations.

“Some may suggest we completely shut the door to last year. For me, some activities last year serve as the foundation that will shape the critical part of my 2025 plans. One is involvement with purposeful women-led activities,” Olele stated.

Her efforts included a week in December dedicated to initiatives aligned with her vision. Among…

Read More
Business Economy Technology Technology Trends Telecoms

Airtel Nigeria Named Most Preferred and Admired Telecommunications Brand at Nigerian NewsDirect Awards

post-image

 

Airtel Nigeria has emerged as the “Most Preferred and Admired Telecommunications Brand” at the 14th Nigerian NewsDirect Awards, solidifying its position as a leading player in the nation’s telecom industry.

The prestigious recognition was conferred at a glamorous gala held at the Lagos Oriental Hotel over the weekend. The award celebrates Airtel Nigeria’s unwavering commitment to innovation, excellence, and its mission to inspire Nigerians with “A Reason to Imagine.”

In response to the accolade, Airtel Nigeria expressed gratitude to the organizers, Nigerian NewsDirect Newspaper, and its dedicated team for their relentless efforts in delivering exceptional service.

“This remarkable recognition is a testament to the hard work and dedication of our team. Together, we’re shaping a brighter future for Nigeria. We’re honored…

Read More
Business Culture Economy News

President Tinubu Calls for Expanded Currency Swap and Aid Package at Meeting with Chinese Foreign Minister

post-image

 

President Bola Tinubu, on Thursday, urged the People’s Republic of China to expand the existing $2 billion currency swap agreement with Nigeria and review its $50 billion aid package for Africa to address the continent’s growing infrastructural needs.

Speaking during a meeting with Chinese Foreign Minister Wang Yi at the State House in Abuja, President Tinubu emphasized the importance of enhancing trade and strategic bilateral relations between the two nations.

“We still demand more in the area of currency swap. The level you have approved as a government for Nigeria is inadequate considering our programme. If you can increase that, it will be well appreciated. Our bond should grow stronger and become unbreakable,” the President stated.

The renewed currency swap agreement, valued at 15 billion yuan (approximately $2 billion), is intended to boost trade and investment between Nigeria and China. However, President Tinubu stressed the need for a higher swap amount to…

Read More
Business Culture Economy

AGF Embarks on Aggressive Revenue Drives to Improve Funding of Personnel Costs

post-image

 

The Office of the Accountant General of the Federation (AGF) has launched an aggressive revenue drive aimed at addressing the revenue shortfalls affecting the nation’s economy. This initiative has significantly enhanced the funding of personnel costs, overheads, and capital expenditures in 2024.

The Accountant General of the Federation, Dr. Mrs. Oluwatoyin Madein, disclosed this during an oversight visit by the Federal House of Representatives Committee on Public Accounts to the Treasury House in Abuja on January 8, 2024.

Dr. Madein, who assumed office in May 2023, highlighted key achievements under her leadership. Among these is the preparation and audit of the Federal Government of Nigeria (FGN) Consolidated Financial Statements (CFS) up to December 31, 2019. “In collaboration with the Auditor-General of the Federation, we have prepared and audited the 2020 and 2021 CFS, while work on the 2022 statement is ongoing,” she noted.

However, Dr. Madein identified challenges hindering the timely completion…

Read More
Business Economy News Software Technology Technology Trends

Dataflex Nigeria: Transforming Businesses with Tailored IT Solutions for the Future

post-image

 

In today’s fast-paced business environment, the role of technology in driving efficiency, reducing costs, and improving overall performance cannot be overstated. The value of incorporating advanced technology into business operations is clear—it offers businesses the tools to enhance operational efficiency, reduce expenses, ensure business continuity, protect sensitive data, and gain deeper insights into their operations. This is where Dataflex Nigeria Limited stands out as a key enabler of digital transformation for companies across Nigeria, providing tailored IT solutions that address the unique challenges faced by businesses in various sectors.

With a remarkable track record spanning over 30 years, Dataflex Nigeria has firmly established itself as a leader in the IT solutions space. The company’s comprehensive portfolio is a testament to its expertise in helping organizations achieve seamless digital transformation. Whether it’s through strategic consultation, system integration, or providing the necessary tools to tackle complex business challenges, Dataflex ensures that its…

Read More
Business

Steve Odinkaru: Redefining Innovation and Impact Across Africa

post-image

 

At just 24, Steve Odinkaru has emerged as a leading force in tech innovation, transforming lives and industries across Africa. From his early years in Jos, where his remarkable talent for mathematics earned him local acclaim, to spearheading multiple groundbreaking ventures, Steve’s journey exemplifies the power of purpose-driven technology.

Speaking about his beginnings, Steve recalls, “I have always been fascinated by solving problems, whether it was math puzzles as a kid or tackling more significant challenges as I grew older. My love for numbers and logic set the foundation for everything I do today.”

As the CEO of Medexer, a health tech platform that connects blood donors to hospitals in urgent need, Steve has made saving lives a tangible reality. “Medexer was born out of a simple yet profound idea—ensuring that no one has to wait for life-saving blood donations. Our platform is more than a business; it’s a tool to…

Read More