Green Future Project Acquires Oxford Spin-Off to Improve Energy and CO2 Consumption Monitoring

Green Future Project, an Italian climate tech company, has announced the acquisition of Pilio’s Carbon Footprint & Energy Software, a spin-off of the University of Oxford’s Environmental Change Institute, through an Asset Purchase Agreement.

This milestone builds on a successful three-year partnership, during which Green Future Project integrated Pilio’s software into its services

Thanks to this synergy, companies across Europe and beyond have been able to monitor energy consumption , measure and reduce carbon emissions, and achieve their sustainability goals more effectively.

“We developed these tools to help companies organize, visualize and report on their energy consumption and carbon emissions, giving them a clear understanding of where they stand and what priorities they need to address on their decarbonization journey,” said Catherine Bottrill , CEO and founder of Pilio. “After years of working with Green Future Project, this acquisition was a natural fit to unlock the full potential of our software.”

This acquisition strengthens the software’s capabilities , providing companies with more efficient and accurate tools to meet increasingly stringent reporting requirements, such as those required by the CSRD and SECR. Thanks to a centralized platform, organizations can now monitor energy consumption and CO2 emissions in one place, simplifying data management and improving accuracy and visibility.

The software also integrates up-to-date emission factors from internationally recognized and officially approved databases, ensuring even more accurate monitoring and reporting. Finally, it automates the generation of a detailed 50-page carbon footprint report, fully compliant with industry standards such as the GHG Protocol and ISO 14064-1, thus reducing the time spent on manual documentation creation.

“This acquisition marks an important milestone in our commitment to developing solutions that concretely promote sustainability in their business model,” said Briano Martinoni , co-founder of Green Future Project. “Thanks to the integration of the software developed by the spin-off of the University of Oxford, we provide companies with advanced tools to optimize energy consumption, reduce emissions and simplify reporting, with positive effects on their economic performance as well.”

As part of its continued growth, Green Future Project also announces the opening of an office in London, at Sustainable Ventures, on Westminster Bridge Road. This expansion further strengthens the company’s commitment to promoting sustainability initiatives in the UK and Europe. With the acquisition of Pilio’s software, GFP not only expands its service offering, but also consolidates its presence in the international market.

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(Featured image by Adrian Balasoiu via Unsplash)

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First published in ESG NEWS. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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