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FlexiDAO Empowers Companies with Accurate Carbon Emission Calculation through Blockchain

Updated: Oct 18, 2023

By Jaya Bijoor

Based in Amsterdam, FlexiDAO is a venture-backed startup that helps companies calculate their carbon emissions related to electricity consumption. Their clients are interested in increasing the accuracy and credibility of their reporting. Companies are under pressure to establish decarbonization goals that are credible and clear. However, companies currently lack a way to determine whether electricity labeled as "100 percent renewable" is always completely free from carbon emissions. FlexiDAO uses blockchain technology to trace the origin of electricity and its associated carbon emissions throughout the entire supply chain on an hourly basis. FlexiDAO works with companies in thirteen countries, including Google and Microsoft. It mainly focuses on the US and European markets because of significant corporate demand for clean electricity and reduced greenhouse gas emissions.



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