Hallo und willkommen! Berlin-based greentech company Plan A will be opening a new branch office in London from July 2022 with 100 jobs up for grabs.
Plan A is part of the growing trend to make money from companies that need to wise up to sustainable matters.
Lord Grimstone, UK’s Minister for Investment, states: “Plan A’s software solution, which supports companies on their net-zero and decarbonisation journey, will be a great addition to the UK’s world-leading sustainable tech and startup ecosystem, facilitated by this government’s commitment to clean, green tech.”
What would a statement from a politician be without some form of self-promotion?
Anyway, the tech firm already has a client base in the UK – such as ApaxPartners and Albion Capital.
As noted in the intro, it intends to hire 100 business, climate and tech staff in London over the next few years.
Plan A points out that it can help with non-financial reporting according to the latest regulations, such as the Task Force on Climate-Related Financial Disclosures (TCFD), applicable in the UK.
The TCFD provides investors, lenders and insurers with standardised information on ESG performance and climate-related risks and opportunities.
- Tech Startup SDG Assessment Launches for Sustainability Credibility – read the scoop here
Since April 2022, large public interest companies – i.e., banks, insurance companies or listed companies with more than 500 employees – have been obliged to report in compliance with this standard.
Naturally, Plan A smells profits to be had… and it’s not alone in this craze for greentech glory.
In a scoop this week, eWeek UK reported on SDG Assessment, which powered up in West Sussex to offer sustainability and ESG reporting for small businesses.
Other relevant scoops include ReforestPay’s tree-loving launch; carbon insurer Kita; sustainability data platform Supernova; and Expect’s decarbonisation management platform.
Plan A has its own ambitions of course and says it has the support of the Department for International Trade and London & Partners.
According to Plan A, its decarbonisation and ESG improvement platform enables UK companies to also comply with market-specific regulations like SECR or NFRD.
Other clients listed on its website include BMW, trivago, Societe Generale and BCG Digital Ventures.