Coolset

What is Coolset?

Coolset is a Dutch company that develops an integrated sustainability platform platform for mid-market companies. Their solution offers a easy way for companies to calculate company footprint (Scope 1, 2, 3 emissions) and to start with a reduction plan.

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Why use Coolset?

Coolset is used by mid-market companies who want to start  their sustainability journey. Coolset offers 2 products: Carbon accounting and CSRD compliance solution.

Features:

Carbon Management:

• Automatic Data Ingestion from Excel and Accounting Software like Exact.
• Get access to latest verified emission factors.
• Get calculations checked by Coolset in-house research team.
• Calculations are run by their software and provides full insight in scope 1, 2 and 3 emissions. This hybrid method of Spend-based and activity-based is according to the GHG Protocol.
• Full Scope 1,2,3 measurements.
• Scenario builder.
• Alternatives marketplace that offers sustainable alternatives to products and services you use today and removal projects to compensate for any residual emissions.

CSRD Compliance

Double materiality Assessment

• Score materiality topics, quantify their impact.
• Engage stakeholders through integrated surveys.

ESRS topic disclosures

• Stay compliant with live regulatory updates.
• Every datapoint has a reference to the CSRD legislation and for every data point there are 3 suggested answers to help people understand its context.
• Highlight the original ESRS resources.
• Save time with suggested answer.
• Track progress and generate audit-ready results.

Reporting:

• Automatically generated audit trails.
• XBRL Tagging of reports.
• Grant access to 3-rd party auditors.

Supported Languages: 🇬🇧 English and 🇳🇱Dutch.

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Security:

Data is stored and handled securely on Google Cloud in Europe (Frankfurt) with accordance to best security practices.

Support and Onboarding:

Coolset provides personalized onboarding experiences for their clients, ensuring a high level of support throughout the process. With an onboarding meeting and an accelerator program we make sure that  clients are well prepared, familiar with the software, and that their knowledge is always up-to-date. Those include Sustainability reasearcher to help guide clients achieve their climate and compliance goals. Post go-live support is also provided. All this is provided at no additional cost and part of their flat price packages.

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Who is using Coolset?

Coolset works in 4 verticals Wholesale, Manufacturing, Technology, Professional services. Their clients are mainly mid-sized companies in the BeNeLux and the Nordics area.

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