Gravity Expands Operations in Europe
Geographical expansion driven by European companies' demand for solutions that move beyond sustainability disclosure and drive business value
Gravity, the leading enterprise carbon accounting and energy management platform, has announced a significant expansion of its operations and team in Europe. This growth is a response to increasing demand from European companies seeking solutions that transcend mere sustainability disclosures and provide tangible business value. With existing customers in 19 countries across Europe and substantial growth in North America, where a majority of clients have transitioned from other providers, Gravity is poised for success in the European marketplace.
Understanding Market Needs
According to Saleh ElHattab, Co-Founder and CEO of Gravity, European clients face common challenges that the company aims to address. Key issues include inadequate automation leading to excessive time spent on emissions measurement, difficulties in adapting to regulatory changes, and the essential need to align sustainability efforts with overall business objectives to justify investments. ElHattab emphasizes that since its inception, Gravity has focused on alleviating these pain points, already achieving time and cost savings for partners across Europe.
Servicing A Diverse Clientele
Gravity's clientele in Europe is impressively diverse, encompassing multiple sectors and company sizes. Notable clients include Adyen, a global fintech based in Amsterdam; Permasteelisa Group, a premier architectural contractor in Italy; and SHV Energy, a major distributor of off-grid energy headquartered in the Netherlands. The company has effectively helped these clients comply with the EU's Corporate Sustainability Reporting Directive (CSRD) and successfully prepare for third-party audits, which have been passed without any qualifications.
Testimonials from Industry Leaders
Anna Foden, Head of Sustainability at Permasteelisa, praised Gravity for its crucial role in enabling the company to gain a deeper understanding of Scope 1, 2, and 3 emissions. She highlighted Gravity's technology for simplifying processes and scaling the impact of their sustainability efforts. As Gravity continues to expand within Italy and other regions, the partnership is expected to deepen, reflecting shared goals in sustainability.
Expanding the Team for Growth
In order to facilitate its growth across Europe, Gravity has substantially increased its team of climate and product experts in the region. The team expansion is spearheaded by Giulia Borsa, a senior sustainability expert and sales leader based in Barcelona, alongside Miles Cox, a seasoned professional in private equity located in London. Looking ahead, Gravity plans further enlargement of its European team, focusing on enhancing its Sales and Marketing functions while broadening its reach in key markets including Germany, France, Italy, the Netherlands, Spain, and the United Kingdom.
Navigating Regulatory Frameworks
Alongside its involvement in global emissions reporting frameworks, Gravity's European team possesses substantial expertise in guiding customers through a range of region-specific regulations. This includes comprehensive insights into the EU's CSRD, taxonomy for sustainable activities, and the Carbon Border Adjustment Mechanism (CBAM), as well as the UK's Streamlined Energy and Carbon Reporting (SECR) and Spain's Ley 7/2021 de Cambio Climático y Transición Energética.
About Gravity
Gravity offers an integrated carbon accounting and energy management solution that bridges the gap between sustainability efforts and business outcomes. Designed for energy-intensive industries and organizations with intricate supply chains, Gravity provides the tools necessary for compliance with emissions reporting, ensuring organizations can enhance profitability by optimizing their energy usage. With advanced technology, Gravity empowers clients to confidently navigate the evolving regulatory landscape while executing impactful projects that lead to significant energy reductions.
Frequently Asked Questions
What recent expansions has Gravity made in Europe?
Gravity has significantly expanded its presence by increasing its team and operations across various European countries, addressing growing market demands.
Who are some of Gravity's notable clients in Europe?
Gravity serves a variety of industries, including clients like Adyen, Permasteelisa Group, and SHV Energy, showcasing its diverse clientele.
How does Gravity help companies with regulatory compliance?
Gravity advises clients on navigating regulations like the EU's CSRD and offers support for successful third-party audits with no qualifications.
What is the focus of Gravity's technology?
The technology at Gravity is designed to simplify emissions measurement processes, enhance automation, and align sustainability with overall business goals.
Who leads Gravity's expanded European team?
Gravity's European team expansion is led by Giulia Borsa and Miles Cox, who bring substantial expertise in sustainability and private equity to the company.
