The 10 most innovative energy companies in 2022: Climate TRACE

For spotlighting global emissions

When countries self-report their greenhouse gas emissions, the data is often years out of date and incomplete. Climate Trace (which stands for Tracking Real-time Atmospheric Carbon Emissions), a coalition made up of dozens of organizations in partnership with former vice president Al Gore, uses remote sensing and artificial intelligence to independently track emissions in near real time. In 2021, ahead of the global climate conference in November, the group released its first global emissions inventory, finding that billions of tons of emissions in the oil and gas industry were undercounted. Below that kind of top-line analysis, Climate Trace has been able to discover such fine-grain variances as how one oil drilling operation in the North Sea emits far less CO2 per barrel than another. That’s just one example of how Climate Trace’s cache of data can help countries better discern how to tackle climate change—and help investors and companies track emissions through supply chains.

Climate Trace is No. 5 on Fast Company’s list of the World’s 50 Most Innovative Companies of 2022.

To read more about the 10 most innovative energy companies in 2022, click here.