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Arteh: Empowering Sustainable Business Transitions with Innovative Climate Solutions

Artech, an anagram for the name of our planet Earth, is a social enterprise and a climate tech startup committed to supporting small and medium-sized businesses’ transitions to a net-zero future.

We support business transitions through our Arteh Platform – a digital tool that provides carbon accounting, calculation of science-based targets, automated Metrics and Targets Reports, and analysis of decarbonization strategies to achieve net zero targets. The Arteh Platform is simple to use, objective, accurate, and cost-effective for small and medium-sized businesses. It is also a risk reduction tool for larger businesses when evaluating their supply chain.

Our commitment to social and environmental sustainability resides in the support of indigenous-led environmental projects in Australia and in the Amazon rainforest. Part of our profit is directed to fund such projects.

Arteh was founded in Brisbane, QLD, Australia, at the end of May 2021. The seed idea originated while Dr. Natalie Hurtado, Arteh’s founder and CEO, worked for the Brazilian government and represented the country in several forums of the International Association of Insurance Supervisors (IAIS), which is part of the Bank for International Settlements (BIS) alongside other supranational regulatory bodies. During that time, Natalie witnessed the creation of the Paris Agreement in 2015 and reviewed the draft of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations in 2016.

Natalie realized that corporations worldwide would be sooner or later impacted by climate regulations that should be harmonized across the globe to align businesses’ efforts to the Paris Agreement ambitions. She envisioned that many companies would not have the capabilities or resources to address these requirements, which became evident to her after the huge accident that happened in Brazil in 2015 involving Samarco, Vale, and BHP, devastating the Doce River basin and impacting several communities and Indigenous peoples that lived by and for the river.

Protecting carbon sinks, such as forests, rivers, oceans, and their main guardians – the Indigenous peoples that live in these territories, became imperative in her mind. Businesses in the 21st century can no longer undertake their operations without considering their impact on the environment if they want to survive and thrive.

Natalie came to Australia with her husband and daughter at the end of 2018 with a business idea in mind. She enrolled in the Master of Entrepreneurship and Innovation, focusing on Climate Change, Sustainability, and Community Development, at the University of Queensland (UQ). There, in 2019, she met her co-founder, Dr. Saphira Rekker.

Saphira is a senior lecturer at UQ and one of the leaders in the research on climate science-based benchmark methodologies for corporations. Saphira is a member of the Science-Based Targets Initiative (SBTi) scientific committee and has several papers published in peer-reviewed journals.

Saphira and Natalie started working together on their business idea in June 2019, when they participated in the Global Business Challenge, performing the runner-up position after beating over 600 teams from 62 countries. Thanks to this first startup challenge, Arteh received its initial funding of AUS$15,000.

After Natalie finished her Master’s in Entrepreneurship, Arteh was selected to the UQ Ventures Acceleration Program, which was game-changing for Arteh. Through the program, founders had the opportunity to find their board advisors and run the first pilot of their prototype platform.

After that, Arteh received several recognitions and awards, such as the title of impact startup on the Sustainable Development Goals (SDGs) 9 (Industry Innovation and Infrastructure), 11 (Sustainable Cities and Communities), and 13 (Climate Action) by the Innovation LATAM Hub in 2021, one of the 30 Australian hottest startups in the mining sector by the CORE Innovation Hub in 2022, and was one of the Australian climate tech startups selected by the Low Carbon Accelerator Program, backed by the Queensland government, in 2023.

Arteh empowers small and medium-sized Australian businesses to drive towards a net zero future through our powerful SaaS platform. With just a click of a button, Arteh supports companies aligning their climate ambitions with international carbon accounting standards, Australian carbon factors, and science-based target methodologies to turn raw data into valuable insights and action.

The Arteh Platform provides automated climate-related reports that help businesses make informed decisions about their decarbonization strategies and meet standardized regulatory requirements. By leveraging Arteh, businesses can effortlessly demonstrate their commitment to climate action while driving positive environmental impact.

Arteh’s carbon reporting package includes:

Carbon accounting footprint calculation for Scope 1, Scope 2 (location-based), and some categories of Scope 3 emissions. Other Scope 3 categories, as well as the Scope 2 market-based approach, are under development.

Science-based targets set up for a 1.5oC global warming scenario by 2030 for a specific baseline. Methodologies follow the Science-Based Target Initiative (SBTi) criteria, being updated as SBTi evolves.

Simulation of decarbonization strategies until 2030 and Marginal Abatement Cost Curve (MACC) analysis. Report automatically generated to comply with Targets & Metrics core element of the Taskforce on Climate-related Financial Disclosure (TCFD) framework.

Arteh wants to democratize climate action to businesses that don’t have the same resources as large corporations do because everyone has a responsibility in the climate fight humanity needs to face. Due to this, being accurate, objective, time-cost effective, and user-friendly are key drivers for the Arteh Platform development.

Arteh’s purpose is to accelerate transitions towards a netzero future, with the mission to equip businesses to achieve meaningful and science-based emission reduction targets by making the Arteh Platform accessible and educational.