Carbon footprint management and reporting platform provider Persefoni AI announced today the appointment of Curtis D. Ravenel to its Sustainability Advisory Board (SAB).
As a member of the SAB, Ravenel will advise the Persefoni board and executive team on best practices for integrating carbon accounting and risk modeling into its platform, providing strategic counsel to Persefoni and its customers/partners on carbon accounting, risk modelling, alignment with standards and broader decarbonization efforts.
Kentaro Kawamori, CEO and co-founder of Persefoni, said:
“Companies and investors need better solutions to meaningfully track and measure sustainability data and do so with the same confidence that they presently manage their financial transactions. Curtis will immediately help Persefoni accelerate our mission of making carbon accounting, analysis, and reporting more accessible across the market.”
Launched in 2020, Persefoni’s SaaS platform enables enterprises and institutional investors to measure, analyze, plan, forecast, and report on their carbon footprint, leveraging AI to provide users with contextual sustainability performance scores for their organization and allowing them to manage their carbon transactions and inventory with the same rigor as their financial ones.
Ravenel is a leading expert on climate-related risks and opportunities in the business, financial, regulatory, and NGO communities. He is a founding member and the Secretariat of the Task Force on Climate-related Financial Disclosures (TCFD), advisor to UN Special Envoy for Climate Finance Mark Carney, founder of the Sustainable Business & Finance Group at Bloomberg LP, and served as a board member of the Sustainability Accounting Standards Board (SASB).
“My career has focused on the integration of sustainability and financial analysis, working closely with large enterprises and financial institutions. Persefoni’s technology, ease of implementation / use and adaptability to increasingly sophisticated carbon accounting and management expectations allows organizations to effectively and efficiently deepen and broaden decision-useful modelling throughout an organization to achieve net-zero goals. It’s the technology we need at this moment, and I look forward to advising Persefoni as it continues its impressive growth.”
The appointment follows the recent announcement by Persefoni of the completion of a $9.7 million Series A financing round, with funds aimed at business expansion, product innovation, recruitment, and scaling the business internationally.
Tim Mohin, Chief Sustainability Officer of Persefoni, said:
“We live in a time when sustainability is at the forefront of our global financial system. Investors and financial institutions now recognize that it’s critical to address this challenge, and corporations/organizations are racing to answer this demand. There are few people in the world with Curtis’ deep experience in sustainable finance and his trusted counsel will guide Persefoni to create the technology feature-sets needed to support this new reality.”