Triangle Digital

Company profile

Triangle Digital company profile

"Not until climate and finance can speak the same language will there be a solution to the climate problem." Head of ESG, Allianz, COP26 Climate regulations are here. Whether its new global regulations for asset managers, public equity or public debt, the Fed for large banks in the US, or Local Law 97 in New York for property owners, there is a growing list of organizations that are imposing climate reporting regulations. Simply, if you borrow money from a bank, you will likely have this compliance requirement. To ease this burden, Triangle can not only support in delivery of this compliance but can ease this burden with lower borrowing costs. Triangle solves this problem by triangulating climate and finance data. Triangle's platform, AssetOS, links big data sources (IoT sensors, billing and API data) to assets to create digital twins that aggregate and report operational, economic and climate data in a market data construct. This process provides efficiency and benefit well beyond climate, but that is where the greatest need is, and Triangle delivers a Scope 3* super power and solves greenwashing. AssetOS includes a 3-part kit to achieve climate resilience with each module impacting and informing the next: TCFD Compliance SAAS, Sustainability-linked Underwriting and Carbon Credit Minting. AssetOS has demonstrated product market fit with 5 customers including 2 US banks (with significant exposure to Agriculture), 2 asset managers and one government, and has a robust pipeline represented in the strategic partners interests in our Series A. * Scope 3 is a critical aspect of TCFD (Task Force for Climate-related Financial Disclosure) the carbon accounting framework adopted by numerous securities and banking regulators globally. An estimated 70% of a company’s emissions are embedded in Scope 3.