Kara
Kara helps venture capital investors and technology companies streamline climate disclosures and ESG reporting, offering tools for compliance, data collection, and performance benchmarking.
Services
Kara supports venture capital investors and technology companies by streamlining climate disclosures and ESG reporting. The platform offers access to SFDR Article 8 and 9 compliance, integrates with financial tools like Xero, QuickBooks, and Holded to automate data collection, and tracks realized and avoided emissions to expedite the path to Net Zero. Furthermore, Kara helps users set indicators, collect data, and begin reporting while supporting collaboration through shared data infrastructure.
Compliance and Security Features
Kara is designed to help companies comply with evolving international regulations such as SFDR, SEC, and UK SDR. The platform ensures data security with encryption, SOC2, and GDPR compliance standards. It offers a history of audit-ready data with extensive logs and point-in-time data recovery. By providing a clear path to SFDR compliance, Kara prevents companies from being overburdened with excessive data requests and disclosures.
Emissions and Sustainability Tracking
Kara measures Scope 1, 2, and 3 emissions using a methodology aligned with the GHG Protocol. The platform also includes a library of metrics based on IRIS+ aligned with the UN Sustainable Development Goals. Additionally, Kara aids in the transition to a Net Zero economy by combining climate science with intuitive software for sustainability reporting. It provides policies and resources to advance sustainability journeys and ensures audit-ready data.
Performance Benchmarking
Kara offers benchmarking of fund and company performance against industry peers, featuring 750 proprietary benchmarks categorized by company stage and industry. The platform helps companies at all growth stages with dynamic indicators and frameworks and ensures impact is measured with credible, comparable metrics. This benchmarking capability supports stakeholder alignment through the creation of annual reports.
Customer Base and Efficiency
Over 200 companies and investors use Kara's platform to report their climate disclosures and ESG performance. Data collection is achieved at a pace 10 times faster and at a lower cost compared to traditional methods. The platform's design supports companies in building their own ESG and impact frameworks based on existing standards, while maintaining comprehensive audit and compliance capabilities.