Spherics

About Spherics

Spherics, a Bristol-based carbon accounting firm, was established in 2020 and made a significant impact before being acquired by Sage in October 2022. The company was founded by George Sandilands and Ciaran Wood, who, while working at a creative agency, identified a market gap for accessible decarbonization tools. Their mission was to make environmental action approachable for any business, which led to the creation of Spherics.

The company operates in the sustainability intelligence market, targeting small and medium-sized businesses (SMBs) with its carbon accounting software. The business model is a subscription-based service (SaaS), providing clients with a digital tool to measure, manage, and mitigate their environmental impact. The software automates the process of calculating a company's carbon footprint by integrating with their existing accounting software, such as Sage, Xero, and QuickBooks. It ingests financial data and matches transactions to specific emission factors to generate an initial carbon footprint estimate. This method aligns with the globally recognized Greenhouse Gas (GHG) Protocol.

Spherics' platform guides users to refine this initial estimate by submitting additional data, which leads to a more precise calculation. A key feature is its ability to analyze procurement categories like delivery, travel, and electricity to determine the associated carbon footprint of transactions, helping businesses make greener purchasing decisions. The platform provides audit-ready reporting across all three scopes of emissions, offering sub-sector-specific reduction strategies. Following the acquisition by Sage, Spherics continues to operate as a market solution, integrating with Sage and other accounting software providers in the UK.