SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, and ENGIE Factory, the start-up studio of French multinational utility ENGIE Group, are launching Qatalyst, a due diligence platform for carbon finance markets that facilitates efficient and transparent investment processes in support of global climate goals. 

The platform – incubated and developed in collaboration with carbon teams from both ENGIE and Standard Chartered – aims to simplify and accelerate the identification, due diligence and oversight of carbon abatement projects.

The collaboration with ENGIE Factory and SC Ventures enables the Qatalyst team to identify pain points and implement solutions to improve investment workflow, manage documentation, exchange information and facilitate decision-making, while getting first-hand insights from both companies.

The platform’s solutions empower investment teams to work more efficiently to evaluate more activity, which could, in turn, potentially lead to more funds being invested into carbon abatement projects.  

“This [platform],” says Caroline Guyot, head of ENGIE Factory, “transforms the way data is saved and analysed by ensuring it is of high quality, such as recorded consent from indigenous community members for the project to proceed.”

Poyan Rajamand, Qatalyst founder, adds: “We have an enterprise-grade solution that expedites carbon credit project assessments to support objective, transparent data-driven decisions.”