Carbonstop

About Carbonstop

Carbonstop, established in March 2011, is a key player in China's carbon management sector, providing specialized software and consulting services. The company was founded by Luhui Yan, who holds a Master of Science in Computer Science from Oxford University. Inspired by China's 2009 Copenhagen Climate Change Conference pledge, Yan identified a critical gap in the domestic market for carbon accounting and management tools and brought his experience from the UK's carbon sector to establish Carbonstop in Beijing. His background includes serving as an expert reviewer for the UN IPCC and representing China at the UNFCCC Climate Change Conference for eight consecutive years.

The firm primarily serves enterprises by helping them calculate, analyze, manage, and report their carbon emissions. Its business model combines a Software-as-a-Service (SaaS) platform with tailored consulting, catering to a wide range of clients from large tech companies like Alibaba, Baidu, and Tencent to global brands such as Starbucks and Porsche, as well as government agencies. Revenue is generated from these software subscriptions and consulting fees, with the B2B segment forming the bulk of its income. The company's core product is its integrated carbon management platform, initially named CAMP and now known as Ccloud. This platform, built on international standards like the GHG Protocol and ISO-14064, enables organizations to quantify emissions, identify reduction opportunities, and manage their carbon assets. A distinguishing feature is its vast database of over 100,000 emission factors, which underpins the scientific accuracy of its calculations.

Carbonstop has achieved significant milestones, securing a Series A funding of RMB 50 million in May 2021, led by Hillhouse Capital and Matrix Partners China. This was followed by a Series B round of 100 million yuan in August 2022, led by Sequoia China, to further develop its products and expand its market reach. The company has served over 1,200 organizations and has been involved in high-profile projects, including developing algorithms for Alipay's 'Ant Forest' initiative and assisting Alibaba's logistics arm, Cainiao, in reducing its carbon footprint. In 2014, Carbonstop collaborated with the United Nations Environment Programme to author the "Green Meeting Guidelines and Actions," establishing a framework for sustainable events.