Plan A, a corporate decarbonisation and ESG optimisation software provider, will open a branch office in London next month.
The GreenTech company, which is expanding internationally, is to create 10 jobs in the UK as it seeks to help companies here to decarbonise.
Leveraging its AI-driven and science-based software platform, Plan A supports companies in their sustainable journey and non-financial reporting in line with the latest regulations such as the Task Force on Climate-Related Financial Disclosures (TCFD), applicable in the UK.
The TCFD is meant to provide investors, lenders, and insurers with standardised and transparent information on ESG performance and climate-related risks and opportunities. Since April 2022, large public interest companies – i.e. banks, insurance companies, or listed companies with more than 500 employees – have been obliged to report in compliance with this standard.
As London is one of the world’s largest financial, banking, and FinTech hubs, Plan A’s office opening will support the leading, most reputable, and fastest growing financial institutions in reducing and improving their impact, particularly in the relevant Scope 3 emissions (supplier emissions, investment portfolios).
Elaborating on an already extensive customer base, including clients such as ApaxPartners and Albion Capital, Plan A aims to expand their software and service offering rapidly across the UK.
It is seeking to attract business, climate and tech experts to its London office over the next few years.
“We cannot be happier to be returning to the place where Plan A’s story kicked off,” said Lubomila Jordanova, CEO.
“Our client base in the UK has been growing rapidly in recent months and we pursue ambitious growth targets in the UK. That is why we have decided to strengthen our local presence and build a team in London.
“We are recruiting for C-level and commercial positions with immediate effect. In addition to our customers and partners, our thanks go in particular to the Department for International Trade and London & Partners, who have actively supported our efforts.”
Minister for Investment Lord Grimstone added: “Plan A’s software solution, which supports businesses on their net-zero and decarbonisation journey, will be a great addition to the UK’s world-leading sustainable tech and startup ecosystem, facilitated by this government’s commitment to clean, green tech.
“The UK is home to more than 100 tech unicorns and, with our friendly business environment, there is no better time to be a tech business in the UK.”
Miriam Ducke, director Europe at London and Partners, said: “Plan A’s move to London will see the company expand to a city with one of the most vibrant green tech sectors with a highly skilled, global talent pool.
“London is also one of the world’s leading hubs for financial services and tech, making it a natural next step for Plan A as it looks to grow internationally and drive improved ESG performance across the international business community.
“We look forward to welcoming Plan A to London’s thriving business ecosystem.”