CIOs rise to the ESG reporting challenge (Forbes)
BACUTI
A SaaS enterprise sustainability platform
Combine your operational information with 3rd party data and BACUTI software to meet regulatory, customer and operational sustainability goals.
Calculate product level emissions foot-print at scale in an automated, cost-effective, repeatable, and error-free manner.
Respond to Customer Demands
Provide granular product level emissions reports to your customers and partners quickly and securely without exposing critical intellectual property or business confidential information. Integrate fine-grain access control across and within enterprise boundaries
Meet Regulatory Requirements
Automate creation and submission of regulatory filings (e.g., CBAM, SB-253, BRSR) and corporate reporting (e.g., CDP, TCFD, ISSB, SASB) using operational data at scale, in an error free manner. Integrate certification and approvals into the workflow.
Execute and track operational goals
Use product level emissions data to set targets, identify hotspots, and initiate operational changes changes including design, supplier sourcing and logistics optimization. Track, monitor performance. Forecast and plan (e.g.., what-if analysis, scenarios) for the future.
Industries
Bacuti current offering is targetted at industries that have complex supply chains and are under immediate pressure to report product level embedded footprint from regulators are customers
Steel
Steel production is highly reliant on coal, which is primarily used as a reducing agent to extract iron from iron ore and to provide the carbon content needed in steel. Over the past decade, total CO2 emissions from the iron and steel sector have risen, largely owning to increases in steel demand. The direct CO2 intensity of crude steel production has decreased slightly in the past few years, but efforts need to be accelerated to get on track with the pathway in the Net Zero Emissions by 2050 Scenario. Steel is one of the categories in the first wave Europe's CBAM regulations.
Chemicals
The chemical sector is the largest industrial energy consumer and the third largest industry subsector in terms of direct CO2 emissions. This is largely because around half of the chemical subsector’s energy input is consumed as feedstock – fuel used as a raw material input rather than as a source of energy. There is growing demand for a vast array of chemical products, including plastics, and demand for primary chemicals – an indication of activity in the sector overall – has increased strongly.
Automotive
For the past couple of decades, the automotive industry has been under considerable pressure from governments and society to pursue a more sustainable model of growth. The industry, in response, has been working on addressing many of these concerns. For instance, between 2000 and 2015, EU automotive companies were ahead of the carbon footprint reduction targets set by regulators. Implementation of sustainability initiatives are limited by fragmentation and complex supply chains that limit visibility and coordinated action.
Aluminium
luminium is both an important input to several technologies critical to the energy transition, and a significant source of CO2. Direct emissions from the global aluminium sector have been steadily rising over the past decade, driven by increasing production, which is expected to continue expanding due to population and economic growth. Aluminum is one of the categories in the first wave Europe's CBAM regulations
Electronics
As the global implications of climate change become increasingly apparent, there is a growing focus on the carbon footprint and environmental impact of electronics manufacturing. Consumer habits and shorter electronics lifecycles are creating electronic waste that has a significant environmental impact. And if that weren’t enough, the amount of data sent and stored globally requires an ever-increasing number of data centers that use electricity to power servers and cooling systems, creating a significant carbon footprint.
Other
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Products
Offers
BACUTI offers 3 variations of our SaaS Platform. Bacuti SaaS products are designed for heads of operations, heads of sustainability of medium and large sized enterprises.
Enterprise Edition
Enterprises use Bacuti's offering to calculate their product level emissions. The enterprise edition is pariticularlysguited if you have . a lot of enterprise data spread across multiple IT systems (e.g., ERP, BMS, MRP) . a complex supply chain with multiple tiers across geographies and plants . a complex product portfolio that runs into 10s and 100s of SKUs supplying to 10s and 100s of customers . multiple teams responsible for different aspects of sustainability operations, reporting, and analysis
SMB Edition
Enterprises use Bacuti's offering to calculate their product level emissions. The SMB edition is best suited for you if you have . Data concentrated in 1 or 2 enterprise systems . a simple supply chain, handful of suppliers, and mostly products that are commodity goods. . a small and simple product portfolio sold to a handful of customers . a single owner responsible for all sustainability actitivies in the company.
Assessor Edition
Assessor edition is used by 3rd party providers as a tool to complete an assessment for a client. These providers could be consulting companies, auditors, lawyers, industry associations, or free lancers working on behalf of the company. Data, analyses, and reporting are linked to a specific project report and do not carry over to other projects. Commercial terms are also similar - linked to a particular project and optimized for one time use and pass through billing.
Products
Pricing
Products
Capabilities
Catalyze your Net-Zero Journey
Use BACUTI to accelerate your Net-Zero Journey. BACUTI can help you calculate, analyze, share, report, certify, forecast, and plan sustainability metrics of your business
Calculate
Bacuti allows you to calculate your Scope 1, Scope 2, and Scope 3 carbon emissions from operational data already available in your IT systems (e.g., ERP, BMS, MRP, Finance). Bacuti is able to supplement missing data using analytic techniques or use secondary data sources, when necessary.
Request
Bacuti has built in workflow to request data from 3rd party suppliers to calculate scope 3 up-stream carbon foot prints. Bacuti can integrate into independent data networks like catena-x and also aggregate data from industry sources.
Plan
The power of having all sustainability data in one place is the ability to plan for the future. Bacuti has tools to run what-if scenarios and will be soon providing solutions to implement design for sustainability in the system.
Analyze
Customers can analyze their Scope 1, Scope 2, and Scope 3 data by product, factory, business unit etc., One can track progress against key performance indicators, across quarters and against future goals
Report
Bacuti software allows you to generate reports that comply with regulatory requirements including European Regulations (e.g., CBAM), US (e.g., SB-253) or the upcoming US regulations on carbon import tax. Reports can be generated in PDF, shared through APIs or submitted in meta-data format directly to the regulatory authorities
Forecast
Customers, also, can forecast actuals and compare against target and peer groups. Forecasting helps companies manage and reduce risk from sustainability related factors.
Share
Customers can share their detailed embedded carbon footprint with their customers at the granularity they decide. This allows them to protect IP and retain commercial leverage while still meeting customer requirements. Similarly, customers can request product level embedded carbon footprint from their suppliers easily and seamlessly. Supplies can upload this information easily or use Bacuti to calculate it quickly.
Certify
Bacuti software integrates certification workflow directly into its products. We have identified a network of partners who can review the calculation and reports and provide a certification right on Bacuti.
Solution
Design Principle
Designed for enterprise customers
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The head of Operations
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The head of the sustainability
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An analyst in the finance, operations, or sustainability team
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A consultant working on a sustainability program
Automate Regulatory Submissions
There are many regulations active and a few more that is being proposed that will impact cross border transactions. These regulations manifest in the form of Carbon Border Tax (CBT). CBT is anticipated to be in the range of 20-30% of product cost in many industries. These will become significant financial burdens and can impact fundamental business economics that firms risk losing revenue. Alternatively, firms that actively stay ahead of the regulations have a potential to gain market share at the expense of the laggards. Bacuti automates reporting and compliance to these regulations to create top-line and bottom-line value. A few regulations we support today are CBAM (Europe), BRSR (India), SB-253, and SB-261 (from California)
Gain transparency into operations
Companies lack reliable KPIs and dashboards on carbon emissions by business unit, product line, or factory location at a granular level. This makes setting targets and tracking progress impossible. Companies need dashboards that cater the C-Suite as well to the operational teams
Optimize corporate reporting
Many independent 3rd parties, non-profit entities and organizations have come out with different frameworks and guidelines for reporting. While the underlying data may be common, the format and intent may wary creating an overhead a lot of companies would like to minimize. A few frameworks and guidelines, Bacuti supports are below.
Share securely with customers
Customers across the world are asking for detailed product foot prints from their suppliers. Some of this is driven by regulatory requirements that need companies to report Scope - 3 emissions. On the other hand many companies are using these detailed emissions rollup to hot spot areas that need intervention to reduce GHG emissions. These in turn influences business decisions such as supplier selection, logistics optimization and increasingly design improvements.
Solutions
Regulations
A few regulations we support today are CBAM (Europe), BRSR (India), SB-253, and SB-261 (from California)
If you would like to see support for any other regulation, please contact us at hello@bacuti.com
01.
CBAM
The Carbon Border Adjustment Mechanism (CBAM) is a carbon tariff on carbon intensive products, such as cement and some electricity, imported by the European Union. Legislated as part of the European Green Deal, it takes effect in 2026, with reporting starting in 2023.
Bacuti supports automated CBAM reporting.
02.
BRSR
SEBI has prescribed the format for the Business Responsibility Report (BRR) in respect of reporting on Environment, Social & Governance (ESG) parameters by listed entities. SEBI decided to introduce new reporting requirements on ESG parameters - the Business Responsibility and Sustainability Report (BRSR)
Bacuti supports automated BRSR reporting
03.
SB-253
The Climate Corporate Data Accountability Act (SB 253) applies to both public and private companies that operate in California and whose annual revenues exceed $1 billion. After undergoing amendments, the final bill mandates annual emissions reporting from all scopes: direct emissions (Scope 1), emissions associated with purchased electricity (Scope 2), and indirect emissions linked to value chains (Scope 3).
Bacuti supports automated SB-253 reporting
04.
SB-261
California SB 261, recently signed into law by California Gov.overnor Gavin Newsom, requires large companies to release climate-related financial risk data reports in line with internationally recognized recommendations from the Task Force on Climate-Related Financial Disclosures (TCFD).
Bacuti supports automated SB-261 reporting.
Solutions
Frameworks
A few regulations we support today are below. If you would like to see support for any other regulation, please contact us at hello@bacuti.com
01.
TCFD
The Task Force on Climate Related Financial Disclosures (TCFD) provides information to investors about what companies are doing to mitigate the risks of climate change, as well as be transparent about the way in which they are governed. It was established in December 2015 by the Group of 20 (G20) and the Financial Stability Board (FSB), and is chaired by Michael Bloomberg. It consists of governance, strategy, risk management, and metrics and targets. It will become mandatory for companies to report on these disclosures by 2025 in the UK, although some companies will have to report earlier.
03.
ISSB
The Trustees of the IFRS Foundation announced the formation of the International Sustainability Standards Board (ISSB) on 3 November 2021 at COP26 in Glasgow, following strong market demand for its establishment. The ISSB is developing—in the public interest—standards that will result in a high-quality, comprehensive global baseline of sustainability disclosures focused on the needs of investors and the financial markets.
Sustainability factors are becoming a mainstream part of investment decision-making. There are increasing calls for companies to provide high-quality, globally comparable information on sustainability-related risks and opportunities, as indicated by feedback from many consultations with market participants.
04.
SASB
The Sustainability Accounting Standards Board is a non-profit organization, founded in 2011 by Jean Rogers to develop sustainability accounting standards. Investors, lenders, insurance underwriters, and other providers of financial capital are increasingly attuned to the impact of environmental, social, and governance factors on the financial performance of companies, driving the need for standardized reporting of ESG data.
Just as the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) have established International Financial Reporting Standards and Generally Accepted Accounting Principles (GAAP), respectively, which are currently used in the financial statements, SASB's stated mission “is to establish industry-specific disclosure standards across ESG topics that facilitate communication between companies and investors about financially material, decision-useful information.
Solutions
Supply Chain RFIs
Solutions to share embedded carbon footprint securely with customers, suppliers and partners securely, automatically, and integrated into the workflow. Enterprise grade protection for intellectual property and confidential business information.
Customers across the world are asking for detailed product foot prints from their suppliers. Some of this is driven by regulatory requirements that need companies to report Scope - 3 emissions. On the other hand many companies are using these detailed emissions rollup to hot spot areas that need intervention to reduce GHG emissions. These in turn influences business decisions such as supplier selection, logistics optimization and increasingly design improvements.
02
Scope-3 Roll-up
OEMs can use Bacuti to roll-up Scope 3 product emissions directly from their suppliers securely through APIs or by integrating into data eco-systems like Catena-X. Bacuti allows fine-grain control on data and actions including request, publish, revoke, archive, and audit.
01
Customer's RFI
Customers can use Bacuti to share product emissions directly with their customers securely through APIs or publishing into data eco-systems like Catena-X. Bacuti allows fine-grain control on data and actions including request, publish, revoke, archive, and audit.
Solutions
Dashboards
Internal company and business unit level KPIs and dashboards.
02
Procurement Dashboards
Operation leaders, supply chain managers, and category teams can do detailed analysis on carbon emissions at the product level including planning, forecasting, what-if analysis. BACUTI enables design for sustainability at the product level to reduce sustainability footprint in the future.
01
Corporate Dashboard
Heads of sustainability can have a company wide view on the carbon emissions, broken down by Business Unit, product line, site, factory, supplier; This allows the leadership to set goals, track progress and execute against plans.
Bacuti provides in-built dash-boards and can also integrate with corporate BI tools (e.g., Tableau, Power BI)
ABOUT US
Bacuti is a startup focused on using data and technology to address sustainability challenges in the enterprise. Their offices and teams are spread between the California Bay Area and India. Bacuti is currently working with a small set of design customers before a formal release of our product to general audience.
Bacuti was started by two friends, technologists, with a desire to do good and a leave a positive footprint in the world for the future generations. In late 2022, early 2023, both friends independently came to the conclusion that technology can bring a step change in implementing sustainability initiatives in companies and embarked on the journey to combine their 55+ years experience in technology and products to solve sustainability problems in companies big and small.
Company
Why Us
Calculate Once, Report anywhere
Single system of record for emissions data that can be translated to 100s of reporting formats
Granular PEFs
Detailed granular reporting that is representative of operations and actionable vs. aggregates and averages
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One Tool to do them all
Single tool to manage corporate and granular business unit / operational level reporting
Workflow Integration
Designed from day 0 to integrate 3rd party certification, supply chain, workflows, corporate approvals, financial planning, and forecasting
Software and AI based
Software and AI based and hence repeatable, accurate, scaleable, auditable, and cost effective
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Secure
Built in fine grain access control to ensure protection of intellectual property and confidential information. Auditable, traceable, and revokable.
Company
Software
BACUTI uses software including proprietary AI algorithms to replace current manual error-prone, consultant heavy process.
Operations Wizard
Built-in wizard to discover data describing your operations
Proprietary Analytics
Proprietary patent-pending analytic algorithms to estimate product level emissions from operational data
Legacy ERP integration
Support for integration with enterprise systems like ERP, MRP, and BMS
Distributed data space
Integrated workflow to share data with supply chain (upstream and downstream)
Fine-grain ACLs
Built-in fine grain access control to product IP and confidential information
API based workflow automationation
Designed for planning, forecasting, 3rd party certifications and scenario analysis workflows
Company
Founders
Biju
Biju Baby
Ex-VP Equinix, Oracle, McKinsey, 25+ years in Enterprise software, data centers, and B2B sales, MBA from UC Berkeley, MS from UIUC, and B.Tech., from IITM @ Chennai
Detailed Bio: Biju has more than 25 years’ experience in the B2B Technology sector spanning product development from design and build to support, go-to-market strategy and operations, corporate strategy, business development, and M&A integration. Biju has significant leadership experience in the United States and India and has led global teams across cultural boundaries Biju has deep expertise in Strategy especially at times when the company needs to make a pivot and around new areas of profitable growth. He helped Equinix ($60B market cap, S&P500 company) do a strategic pivot towards digital services platform. He spends time understanding customer context and the company’s core value proposition and explores options to enhance and expand that value through new geographies, products, partnerships, and go-to-market. Biju has worked between the Board and the Business to create conviction around the strategy. Biju is an experienced P&L manager from a revenue, operating and capital expenses perspective. He has experience deploying various levers to improve top line revenue growth including pricing, leveraging multiple channels to improve reach, and setting up sales support functions. He helped Equinix grow its revenue from $1B to $6B over 12 years. In addition, he is an efficient resource allocator on the expense side of P&L to ensure the highest and best use of both capital and human resources. Biju has significant operational experience in B2B Technology industry including datacenter, software, and cloud. He has leveraged lean principles and automation such as RPA for process automation, AI/ML for predictive analytics, to improve operational efficiencies. He has held leadership roles within companies and has consulting experience across various industries to improve operational performance. He employs systems thinking in ensuring that the elements of operational performance work together to achieve the overall strategic goals. Biju is on the Board of American School of Bombay and chairs the Finance Committee. He guides the school CEO and his leadership team to ensure long-term sustainability of the school. Biju is also a Senior Advisor to McKinsey & Company for datacenter and IT infrastructure as well as go-to-market engagements.
Rajesh
Rajesh Srinivasaraghavan
Ex-VP Dell, Cisco, McKinsey, 25+ years in Business Development, Strategy, Engineering, and B2B Sales; MBA from MIT Sloan, MS from Syracuse University, B.Tech., from IITM @ Chennai.
Detailed Bio: Rajesh is a co-founder of an early stage cloud software startup, Bacuti (www.bacuti.com) that tackles the sustainability challenge in the supply chain head on. Bacuti hopes to solve many of the operational challenges around Scope 3 measurement, certification and analysis.. Bacuti can also calculate Scope 1 and 2 emissions and share it securely with partners up and downstream. Rajesh was the founding partner of Kallanai, a boutique strategy consulting firm (www.kallanai.com). There, he drove Go-To-Market initiatives for large corporates (HPE, Cisco, AT&T, Adobe, SAP) and early-stage technology start-ups with products in IoT, Cyber Security, B2B payments, Alternate Data and AI markets. Rajesh has also explored startups in AI, cyber-security, health care software markets. Before returning to the startup world, Rajesh was the VP of Strategy for Dell Technologies. Rajesh also helped build Cisco’s corporate strategy team. At Cisco he helped create multiple ~$100 million businesses. Earlier, Rajesh, while at McKinsey and Co., advised fortune 500 Hi-Tech and Telecom CxOs driving new market entry and business transformations., He started his career as a software engineer at HP. Rajesh graduated with an MBA from the MIT Sloan School of Management. He holds an M.S. in Computer Engineering from Syracuse University and a B.Tech., in ECE from IITM @ Chennai. He was a lecturer at the Wharton West Executive MBA program and a mentor with the Nirmaan program at IITM @ Chennai. Rajesh is married with two adorable children. He enjoys spending time with family, friends, watching sports and movies. He supports non-profit causes on childhood education for under privileged communities.
Company
Origin Story
Company
Contact Us
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3393 Kenneth Drive, Palo Alto, CA 94303
Resources
BACUTI's Points of View
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Resources and articles
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