Saturday, November 23, 2024

23. Mondra

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Company: Mondra

Founder: Jason Barrett

Website: https://www.mondra.com

 

About Mondra

 

Mondra is the product footprinting & supply chain decarbonisation platform, founded in 2020 by Jason Barrett, with a clear mission to help the UK grocery sector towards Net Zero, from farm to fork.

An AI-powered, Climate Tech SaaS solution, Mondra automates Life Cycle Assessment (LCA) data at scale, allowing food retailers to comprehend the environmental impacts of every product they sell and empowering their category teams to collaborate with suppliers on performance improvement, accelerating reduction of Scope 3 emissions (those that occur in the supply chain), reducing business risk in an ever-regulated market, and enabling competitive advantage.

With total emissions from food estimated at ~ 30% of total global greenhouse gas emissions, Jason launched Mondra tackle one of the biggest data challenges threatening the industry’s transition to Net Zero – Scope 3 emissions, which are by far the most complex and difficult to measure. They do this by automating LCA data so it’s in real time and can be analysed and used to make decisions.

The thing that makes Mondra unique is that its solution goes well beyond automated product assessment, enabling ‘collaborative decarbonisation’. As one actor improves, all downstream actors have their impacts updated, and it’s this dynamic system of tracking and improving performance that is the step change for the industry. No more static, outdated PDF environmental reports, siloed from the business. Instead, we have an ever-improving data feed – right down to product SKU (and even ingredient) level.

Mondra formed the British Retail Consortium Mondra coalition, and they are already working with 90% of the UK grocery sector (including as an example brands (Nando’s), suppliers (Samworth) and retailers (Tesco)), to achieve their decarbonation targets and set the standards for measuring scope 3. As well as government, NGOs et al.

Mondra is at the centre of the private sector effort to level the playing field with a single standard, using advanced tech solutions to drive meaningful change in the race to Net Zero.

In 2021 Mondra won at the SME UK Enterprise Awards and has recently been shortlisted for this year’s Edie.net Net Zero Awards for the Innovation of the Year category.

 

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