ClearTrace

ClearTrace is the developer of a cloud-based platform to track and manage an enterprise or organization's carbon footprint. The company's platform offers a digital infrastructure to help enable decision-making to mitigate environmental risk, prove climate achievements, and create new opportunities. The platform offers transparency through auditable, around-the-clock monitoring of energy generation and consumption. CloudTrace develops verifiable digital records of energy usage and can track third-party energy supply and purchase agreements, allowing the organization to demand response activities and true multi-stakeholder management of behind-the-meter energy assets.

ClearTrace was founded in 2017 and is headquartered in Austin, Texas. Users of ClearTrace's platform have included Brookfield Renewable, JP Morgan Chase & Co., NextEra Energy, Iron Mountain, and Brookfield Properties.

The ClearTrace platform offers organizations the ability to track, trace, match, and manage their energy footprint while simplifying data-driven attestation for sustainability goals and mandates. This offers organizations hourly emissions avoidance with source tracking, with near-real-time, data-rich assets that include source, time, location, and grid carbon intensity data for each hour an organization receives and consumes for a better understanding of their environmental impact. Further, the visibility provided by the data offers a better understanding of an organization's carbon footprint and provides options for other power generation for lower carbon footprints. This allows organizations to better develop and manage a decarbonization strategy and make better supply chain decisions.