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Buying local doesn’t automatically reduce Scope 3 emissions. Local sourcing often lowers emissions when it reduces air freight, damage/waste, or enables circular flows, but it can increase emissions if local production is more carbon-intensive than your current supplier. The most defensible approach is to compare scenarios using supplier production data plus logistics activity data aligned […]

Sustainability in the GCC is shifting from voluntary disclosure to a governance and risk requirement, driven by national strategies and a growing focus on investor-grade reporting. As Scope 1 to 3 expectations expand, organisations are moving away from spreadsheet-led reporting toward audit-ready carbon data infrastructure. AI-enabled carbon platforms help teams ingest fragmented data, including invoices […]

Takeaways from Dubai Fintech Week: enterprises want audit-ready emissions data, trusted credits, and product-ready climate tools that are easy to explain.

A carbon credit represents the reduction or removal of one metric ton of CO2e (carbon dioxide equivalent). Credits are issued to verified projects and can be used by organizations to compensate for emissions in both regulated compliance programs and voluntary markets.

Broadly speaking, there are two types of carbon emissions (operational emissions and supply chain emissions). Operational emissions comprise Scope 1 and 2, while supply chain emissions are considered Scope 3.

The COP28 climate summit in Dubai brought together leaders from governments, business, academia, and civil society to shape the future of climate action. Coral attended as a UAE-based startup, forging partnerships and supporting businesses worldwide in meeting their sustainability goals.

Leadership is key to making meaningful progress against climate change, and corporations like Nissan are stepping up. Coral is proud to have been chosen as Nissan Formula E’s official carbon credits partner. Together, we’re ensuring transparency in offsetting the racing team’s carbon footprint. Coral continues its mission to bring clarity and trust to carbon markets, making environmental responsibility achievable for all.

The carbon credit market, often touted as a critical tool in the fight against climate change, has its share of challenges and controversies. While it is designed to incentivize emission reductions and support sustainability initiatives, several issues have plagued its effectiveness and integrity.

Climate disclosure regulations are setting the stage for a “trickle-down effect” that influences every industry and every stage of the supply chain.

Companies subject to climate regulation must select the appropriate carbon accounting protocol. Here are the two key protocols and how they align to major climate regulations.

We’re proud to announce the launch of Coral’s API on the Shopify platform, enabling businesses to embed emissions calculations and carbon offsets directly into their shopping experiences. With this integration, we’re making it easier for brands to empower their customers with informed, sustainable choices.

COP29 marked the operationalization of Article 6.4 under the Paris Agreement, a significant step forward for global carbon markets. This framework establishes standardized methodologies for emissions reductions, boosting transparency and collaboration across borders. In this blog, we explore the implications of Article 6.4 on nations, corporations, and the voluntary carbon market, along with Coral’s strategic role in empowering businesses to navigate this transformative shift.

The 29th Conference of the Parties (COP29) in Baku was a pivotal moment in the global climate conversation. This year’s event highlighted incremental progress in emissions reductions, the importance of clean energy investments, and the role of inclusivity in driving impactful climate solutions. Coral actively participated in key discussions, panels, and competitions, showcasing our innovative platform while contributing insights into transforming climate ambition into measurable action.

‍Dubai, UAE — 23 September 2024 — Coral, a UAE-based pioneering climate tech startup specializing in carbon emission management and offsetting solutions, announced today the successful closure of its seed round, securing $3 million in funding. The round was led by a group of seasoned tech investors with a cumulative 40 years of experience in the sector.

Exploring the Future of Technology and Sustainability in the GCC

Coral is Proud to Partner with Nissan Formula E

Vienna-based Eisenburger Hortig is redefining sustainable fashion by blending European heritage with artistic expression through made-to-order, collaboratively crafted designs. Partnering with Coral, the brand is embracing transparent, traceable carbon accounting to set a new benchmark for sustainability across the fashion industry.

The COP28 climate summit in Dubai brought together governments, businesses, academia, civil society groups, and we were there.

The eyes of the world will be on Dubai in December 2023 as the city hosts COP28, the 28th annual UN climate change conference. As a startup focused on bringing transparency and trust to carbon markets, Coral is honoured to participate in this event and connect with like-minded leaders and organisations looking to usher in an equitable energy transition.

From Climate Change to Climate Crisis: Amidst growing global concerns and a sense of helplessness, Coral emerges as a beacon of hope. Offering full transparency in the carbon market, Coral ensures trust, veracity, and empowers individuals and organizations to take climate action responsibly. Together, we can make a difference.