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Report: Watershed's Business Breakdown & Founding Story

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In 2022, macroeconomic conditions are forcing some corporations to tighten their budgets. However, governments like the US and EU are in talks to implement mandatory corporate emission reporting. Corporations may have no choice but to measure and report their carbon emissions. Even before accounting for future mandatory carbon accounting, the voluntary carbon offset market is set to grow over 25% annually from 2022 to 2028. Over one-fifth of the world’s largest 2,000 companies had published net zero carbon targets as of March 2021. Companies are shifting to net zero carbon goals due to consumers’ focus on sustainability. Watershed is a software platform aiming to help companies decarbonize their operations. The company provides both a carbon accounting platform for customers to accurately measure and track their carbon footprint, and a carbon offset marketplace. Watershed’s marketplace helps corporations find and buy carbon offsets that meet their corporate goals. By purchasing carbon

Thesis Starting in 2022, macroeconomic conditions began forcing some corporations to tighten their budgets. However, governments like the US and EU have been in talks to implement mandatory corporate emission reporting. In January 2023 the EU created mandatory ESG reporting rules, which mandate European and non-European companies operating in Europe to file annual sustainability reports. Corporations may have no choice but to measure and report their carbon emissions. Even before accounting for future mandatory carbon accounting, the voluntary carbon offset market is set to grow over 25% annua

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