Climate Change Data

Greentown Labs, Inc.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Community Development

Environmental Achievements

  • Supported startups developing technologies to decarbonize key GHG-emitting sectors (agriculture, buildings, electricity, manufacturing, transportation)
  • Facilitated the deployment of various clean energy technologies by member companies (e.g., geothermal, EV chargers, sustainable air fuel)

Social Achievements

  • Launched and successfully implemented the first year of the Advancing Climatetech and Clean Energy Leaders (ACCEL) program, focused on supporting BIPOC-led startups.
  • Hosted climatetech career fairs connecting job seekers with startups.
  • Facilitated over 300 curated connections between startups and corporate partners.

Governance Achievements

  • Transitioned from a public benefit corporation to a 501(c)(3) nonprofit organization to expand programming and support for entrepreneurs.

Climate Goals & Targets

Environmental Challenges

  • Navigating the challenges faced by early-stage climatetech companies (from inception to scaling and commercialization)
  • Ensuring equitable access to funding and resources for BIPOC-led startups.
Mitigation Strategies
  • Providing incubation, mentorship, networking opportunities, and access to funding through various programs (e.g., Greentown Go, ACCEL, Investor Program)
  • Connecting startups with corporate partners for collaborations and pilot projects.

Supply Chain Management

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

  • SDG 7 (Affordable and Clean Energy)
  • SDG 9 (Industry, Innovation, and Infrastructure)
  • SDG 13 (Climate Action)

Greentown Labs' initiatives support the development and deployment of clean energy technologies, fostering innovation in sustainable industries, and directly addressing climate change.