xIQ

xIQ is a startup that provides an end-to-end emissions management and reporting tool designed to help businesses measure, manage, and reduce their carbon footprint. The company specializes in conducting comprehensive assessments of Scope 1, 2, and 3 emissions. Scope 1 covers direct emissions from owned or controlled sources, Scope 2 includes indirect emissions from the generation of purchased electricity, and Scope 3 encompasses all other indirect emissions that occur in a company’s value chain.

xIQ serves a diverse range of clients, including corporations looking to improve their sustainability practices, investors conducting due diligence, and any organization needing to comply with environmental regulations. The company operates in the environmental, social, and governance (ESG) market, which is rapidly growing as businesses and investors increasingly prioritize sustainability.

The business model of xIQ revolves around leveraging existing data and automated integrations to provide a seamless experience for its users. By using a granular, bottom-up approach, xIQ allows companies to select specific activities and build accurate assessments of their emissions. The platform also offers quantitative avoided emissions insights, enabling clients to compare their innovations with existing solutions and verify the potential for emissions reduction.

xIQ makes money through subscription fees for its software platform, which includes integrated KPI (Key Performance Indicator) and dashboarding modules. These tools help companies track their progress, set future performance goals, and generate aggregate reports for third-party review. Additionally, xIQ offers consultancy services to help businesses redefine or improve their baseline calculations and uncover hidden risks and opportunities.

In summary, xIQ provides a comprehensive solution for emissions management and reporting, helping businesses take actionable steps toward sustainability.

Keywords: emissions management, Scope 1, Scope 2, Scope 3, ESG reporting, sustainability, carbon footprint, KPI tracking, automated integrations, environmental compliance.