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Aspiration Acquires Climate Tech Company Carbon Insights.

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MANews-(C)2009-2022

US-based carbon scoring technology solution Aspiration has acquired climate tech company Carbon Insights, the company said.

Carbon Insights' proprietary algorithm translates spending behavior and transactions into carbon footprints.

Aspiration will be integrating the Carbon Insights technology into its existing offerings that build climate change-fighting action into what people and businesses do every day.

Carbon Insights was founded in March 2020 as a Public Benefit Corp. dedicated to turning spending behavior into carbon measurement and action to meet the Paris Climate agreement's 1.5-degree goal.

The deal solidifies Aspiration as a carbon scoring technology solution with a competitive set of ESG and carbon transactional tracking capabilities.

As part of the acquisition, Carbon Insights co-founders Chad Hunter and Ally Kadel have joined Aspiration and will play a primary role in the integration of Carbon Insights' environmental impact calculator with AIM and scaling the offering for all levels of Aspiration customers.

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