TreeBlock Successfully Closes a €500,000 Capital Increase to Focus on Sustainability

TreeBlock, the cutting-edge software solution for corporate sustainability management, has announced the closing of a capital increase of 500,000 euros.

This financing concluded in December 2023 (but not yet communicated) and obtained thanks to the trust and support of leading companies in the IT, metalworking and business angels sectors with important managerial backgrounds, represents a fundamental step to further expand its mission of making sustainability accessible and efficient for all companies.

Founded in 2021, TreeBlock is the All-In-One software solution designed for the complete and efficient management of corporate sustainability

The proprietary platform, powered by artificial intelligence and advanced technologies , allows companies to monitor, evaluate and improve their sustainable practices. Through a centralized platform, TreeBlock allows you to collect and analyze precise data , generate detailed reports and facilitate the decision-making process.

“TreeBlock’s mission is to provide companies with the tools they need to integrate sustainable practices into their daily business, transforming sustainability from an additional cost to a strategic investment for the future. We believe that adopting sustainable practices can improve business competitiveness, optimize operational efficiency and reduce environmental impact,” commented Stefan Grbovic , CEO and co-founder of TreeBlock.

The Compass of Corporate Sustainability for SMEs

Defining itself as the compass of corporate sustainability for SMEs, TreeBlock is the company that has developed the first method to manage and monitor the corporate sustainability of Italian SMEs. Companies are increasingly subject to stringent regulations regarding ethical supply chains.

Through the use of the proprietary TreeBlock One platform, TreeBlock offers companies a software that helps them monitor and document these practices can simplify the process of compliance with legal requirements, as well as create environmental reports more efficiently , improving productivity and allowing a faster response to environmental issues.

Focusing on automation , the platform centralizes all sustainability information in a single interface, automating critical tasks such as emissions monitoring and waste management, reducing manual work and minimizing errors.

The use of blockchain ensures that the data collected by the company is legally valid, increasing transparency, reliability and strengthening its credibility with donors, stakeholders and authorities. With regulatory compliance at heart, TreeBlock helps companies comply with international regulations and standards such as CSRD, SFDR, EU Taxonomy, SASB, GRI, ESRS, SDGs and CAM, monitoring legislative changes and updating company policies.

“Thanks to an effective tool validated thanks to an increasingly targeted use of technology, our goal is also to facilitate communication and collaboration between employees, customers, investors and local communities, promoting an inclusive and responsible corporate culture. Our solution is in fact designed to be flexible and adaptable, supporting not only SMEs but also large companies in their journey towards sustainability”, added Giuseppe De Bernardo , COO of TreeBlock.

TreeBlock future projects

With the capital raised, TreeBlock is now better positioned to expand its offerings and support a growing number of companies in their efforts towards a sustainable future.

The startup’s goal is to continue innovating and improving its solutions to help companies achieve their sustainability goals and positively contribute to the well-being of our planet. Companies that already use TreeBlock have the opportunity to obtain tax incentives, favorable interest rates on creditworthiness and improve competitiveness in tenders. TreeBlock already works with over 100 companies, 20 certified partners and incubators.

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(Featured image by Shahadat Rahman 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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