3Degrees
3Degrees is a private climate solutions provider helping Fortune 500 enterprises across 96+ countries reduce scope 1, 2, and 3 emissions through EAC and carbon credit trading, PPA transactions, climate strategy consulting, and its Meridian platform.
- Company typePrivate
- Founded2007
- HeadquartersSan Francisco, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What 3Degrees does
3Degrees Group, Inc. is a privately held climate solutions provider founded in 2007 and headquartered in San Francisco, operating across more than 96 countries with 251–500 employees. The company helps large enterprises — primarily Fortune 500 and global multinationals — decarbonize across scope 1, 2, and 3 emissions by combining environmental commodities trading (energy attribute certificates, carbon credits, renewable thermal certificates, and Clean Fuel Standard credits), PPA transaction services, climate strategy consulting (carbon footprint measurement, SBTi target setting, emissions reduction roadmaps), and supply chain decarbonization programs. Marquee customers include Apple, Cisco, Oracle, Mastercard, Etsy, Mondelez, Hershey's, Colgate-Palmolive, Expedia, Swiss Re, Akamai, and HubSpot, and the company has delivered more than 500 million MWh of EACs and 22.6 million verified carbon credits over the past five years.
The core technology stack centers on the 3Degrees Meridian platform, launched in June 2026, which provides centralized EAC management, PPA tracking, and Scope 3 supplier engagement with end-to-end automation across procurement planning, matching, audit-ready reporting, and pricing intelligence across 100+ markets. Supporting platforms include the 3Degrees Marketplace (self-serve online procurement with transparent pricing and AI-enabled support), Supplier REach (a proprietary supplier renewable energy portal), the proprietary Emissions Reduction Model, and a Scope 3 screening tool with granularity across nearly 1,000 sectors. Revenue is generated through three streams: commodity trading margins and transaction fees on EACs/carbon credits/RTCs, professional services fees for climate strategy consulting, and PPA transaction advisory fees. Distribution runs through direct enterprise field sales, a self-serve marketplace, and channel partnerships including BlackRock (for supplier programs) and Alternative Utility Services (for mid-market REC distribution).
The company is a Certified B Corporation since 2012, a 9x winner of Environmental Finance's Top REC Trading Company award for North America, and an "Experienced P-REC Seller" designated by Energy Peace Partners. In 2025, 3Degrees secured a $60 million line of credit from Citi to support scaling, spun off its Utility Partnerships business unit to sharpen strategic focus, appointed two new board members (David Dines and Matt Rogers), and expanded its channel partnerships ahead of the Meridian platform launch.
3Degrees firmographics
Firmographics- Name
- 3Degrees
- Legal name
- 3Degrees Group, Inc.
- Website
- https://3degreesinc.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- 3Degrees is a private climate solutions provider helping Fortune 500 enterprises across 96+ countries reduce scope 1, 2, and 3 emissions through EAC and carbon credit trading, PPA transactions, climate strategy consulting, and its Meridian platform.
- Ownership category
- akta.pro rank
3Degrees industry classification
Industry- Product category
- Environmental Commodities and Climate Advisory Services
- NAICS
- Environmental Consulting Services (541620), Custom Computer Programming Services (541511)
- akta.pro primary industry
- Carbon Removal Credits Trading (DAC, BECCS, Biochar, Mineralization) (EUAGAIAL)
- akta.pro secondary industries
- Carbon Claims, Labeling & Communications Advisory (VCMI/ICVCM Guidance, Claim Substantiation) (EUABADAI), Audit-Ready Controls, Assurance & Compliance Workflow Tools (CSRD/SEC/ISSB) (EUABAEAG), Climate Data Measurement & IoT/Telemetry Enablement (Energy/Meter/Asset Data Ingest) (EUABAEAI), Carbon Neutrality/Claims Strategy & Communications (claims substantiation, greenwashing risk) (EUABAKAK)
Keywords
Where 3Degrees is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
3Degrees business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Environmental Commodities Trading: Trading of energy attribute certificates (RECs, I-RECs, GOs), carbon credits, and renewable thermal certificates. Revenue generated from transaction fees and margin on commodity sales. Major revenue driver with hundreds of millions of MWh traded.
- Climate Strategy Consulting: Advisory services for developing climate strategies, measuring carbon footprints, setting targets (SBTi), developing emissions reduction roadmaps, and supplier engagement strategies. Professional services engagement model.
- PPA Transaction Services: End-to-end support for power purchase agreement sourcing including stakeholder education, procurement strategy, RFP management, PPA negotiations, and post-execution monitoring. Fees for transaction advisory and management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | US 2026 Non-Emitting RECs from Green-e certified sources |
| Unit Pricing | Pay-as-you-go | Brazil 2026 Wind or Solar EACs |
| Unit Pricing | Pay-as-you-go | Meridian Magnesium SF6 Avoidance Carbon Credits |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels9 records
3Degrees product offering
Product offeringCore offering
3Degrees provides climate solutions for enterprises, trading environmental commodities (energy attribute certificates, carbon credits, renewable thermal certificates) and delivering advisory services for climate strategy, emissions reduction roadmaps, power purchase agreements, and supply chain decarbonization. Its offering is supported by proprietary platforms including Meridian for EAC management, the 3Degrees Marketplace for self-serve procurement, and Supplier REach for supplier engagement.
Product overview
3Degrees offers a platform-plus-modules architecture centered on the Meridian platform, which provides EAC management, PPA management, and Scope 3 supplier programs. The company operates the 3Degrees Marketplace for direct procurement of EACs (RECs, GOs, I-RECs) and carbon credits. Core advisory services include climate strategy development (carbon footprint measurement, target setting, emissions reduction roadmaps), implementation services (PPAs, carbon credits, RTCs, Clean Fuel Standard services), and supply chain decarbonization solutions. The product portfolio is unified through the Meridian platform which serves as a system of record for EAC data, PPA management, and scope 3 supplier engagement, with the Marketplace enabling direct purchasing and advisory services supporting the full decarbonization journey.
Differentiator
Problem solved
Functional benefit
Brands
- 3Degrees Meridian: A centralized platform designed to help organizations track progress toward carbon-free electricity goals and optimize their energy attribute certificate (EAC) portfolio positions across internal operations and global supply chains.
Products and services
- 3Degrees Meridian Centralized EAC management platform offering end-to-end automation including procurement planning, EAC matching, audit-ready reporting, and pricing intelligence across more than 100 markets. For enterprises managing global renewable energy and carbon-free electricity goals.
- 3Degrees Marketplace Online marketplace for browsing and purchasing energy attribute certificates (EACs) and carbon credits from a catalog of renewable energy and carbon projects, featuring transparent pricing, Portfolio Builder tools, AI-enabled support, and auto-generated audit-ready attestations.
- Energy Attribute Certificates (EACs) Official documentation proving one MWh of renewable energy has been added to the grid, including RECs, guarantees of origin (GOs), I-RECs, and other international EACs sourced from over 100 countries. For enterprises pursuing scope 2 emissions reductions and renewable energy goals.
- Carbon Credits High-integrity carbon reduction and removal project credits, including nature-based and technology-based solutions, sourced from verified projects across 22 countries and complying with the ICROA Code of Best Practice. For enterprises pursuing scope 1 and scope 3 emissions offsets.
- Renewable Thermal Certificates (RTCs) Environmental attributes associated with renewable natural gas (RNG), also called RNG Certificates or Green Gas Certificates, for addressing natural gas emissions. For enterprises seeking to decarbonize thermal energy consumption.
- Clean Fuel Standard Services Program services for earning incentives through Clean Fuel Standard programs including California LCFS, Canada CFR, Oregon CFP, and Washington CFS, generating credits for reducing transportation emissions. For fleet operators and transportation fuel companies.
- Power Purchase Agreements (PPAs) Corporate PPA transaction services including stakeholder education, procurement strategy, RFP management, PPA negotiations, and post-execution monitoring, supporting both physical and virtual PPAs. For enterprises seeking long-term renewable energy supply.
- Renewable Natural Gas (RNG) Advisory Advisory services for identifying and acting on RNG/biomethane opportunities to reduce natural gas emissions, including strategy development, procurement launch, and performance monitoring.
- Supplier Renewable Energy Solutions Tools and support for supply chain decarbonization including Supplier REach portal, supplier PPA aggregation, and supplier education programs to help suppliers meet enterprise customer sustainability requirements.
- Renewable Energy Strategy Development Data-driven scope 1 and scope 2 emissions reduction strategy development, including roadmap creation for renewable energy procurement across global markets. For enterprises building renewable energy procurement strategies.
- Carbon Footprint Measurement Comprehensive greenhouse gas (GHG) emissions measurement services following GHG Protocol, including scope 3 screening with in-house sector-specific tools spanning nearly 1,000 sectors.
- Emissions Reduction Roadmap Multi-faceted reduction planning using the proprietary Emissions Reduction Model to compare business-as-usual emissions against targets, identifying gaps and hotspot categories with emission reduction levers.
- Carbon Strategy Development Advisory for designing and implementing credible carbon strategies, including navigation of the Voluntary Carbon Market and development of carbon credit procurement roadmaps.
- Climate Target Setting Science-based target setting services aligned with SBTi, RE100, net zero, and other frameworks, including SBTi FLAG target expertise.
- Supplier Engagement & Reduction Strategy Scope 3 strategy development including measurement, target setting, decarbonization roadmaps, and supplier engagement program design for value chain emissions reductions.
- Climate Risk Assessment Climate risk analysis and scenario assessments for disclosure readiness aligned with CDP, ISSB Standards, SEC ruling, CSRD, and EU taxonomy requirements.
Quantifiable outcome
- 500M+ MWh of EACs delivered across 100+ countries
- +7 more outcomes
Companies that use 3Degrees
Customer profileNamed customers25 records
Segments6 records
Ideal customer profiles3 records
3Degrees technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
3Degrees partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core, minor and flagship.
- Alternative Utility Services (AUS)coreAlternative Utility Services partnered with 3Degrees to offer Renewable Energy Certificates (RECs) through an online marketplace. This partnership allows businesses to purchase high-quality RECs supporting U.S. renewable energy generation, facilitating easy, verified, and credible carbon footprint reduction for organizations.
- David DinescoreDavid Dines appointed to 3Degrees Board of Directors effective December 8, 2025. With over four decades of experience in energy, commodities, and finance, Dines will serve as chair of the Risk Management Committee and support the company's efforts in climate solutions and decarbonization.
- Matt RogerscoreMatt Rogers appointed to 3Degrees Board of Directors. Matt brings strategic expertise to support the company's growth and climate solutions mission.
- Merge Electric Fleet Solutionsminor3Degrees collaborated with Merge Electric Fleet Solutions in November 2022 to support fleet electrification and clean energy solutions for corporate fleets.
- BlackRockflagshipBlackRock partnered with 3Degrees to support suppliers with clean energy sourcing. BlackRock refers its extensive supplier network to 3Degrees for renewable energy procurement and decarbonization programs, enabling suppliers to access renewable energy options and reduce emissions.
- Energy Peace Partners (EPP)core3Degrees works with Energy Peace Partners to sell Peace RECs (P-RECs) and has been designated an 'Experienced P-REC Seller'. EPP developed this distinction to help buyers identify advisory firms that can support P-REC transactions and clean energy-related impact strategy. 3Degrees supported Microsoft's first-ever Peace REC transaction in Africa.
Scale indicators16 records
Recent moves7 records
Expansion highlights6 records
3Degrees competitors and assessment
Company assessmentDirect peers
- Terrapass: Carbon offset provider serving businesses and individuals with verified credits and renewable energy certificates. Smaller-scale but directly comparable carbon credit trading business.
- Evolution Markets: Environmental commodities brokerage and advisory firm specializing in carbon, renewables, and energy markets. Directly comparable trading and advisory footprint to 3Degrees' commodity business.
- South Pole Group: Global climate consultancy and carbon credit developer offering carbon offset origination, advisory, and renewable energy procurement to enterprises. Closely comparable to 3Degrees across carbon credit sales, PPA services, and climate strategy advisory.
- ACT Group: Environmental commodities trader and climate solutions provider offering EACs, carbon credits, and PPA services to enterprises globally. Direct competitor across the core REC/GO/carbon credit trading franchise that drives 3Degrees' largest revenue stream.
- Patch: API-first carbon credit marketplace enabling businesses to embed offset purchasing directly into their products and workflows. Competes with 3Degrees Marketplace on carbon credit distribution and increasingly on software-enabled procurement.
- Rubicon Carbon: Carbon credit advisory and portfolio management firm focused on high-integrity removal and avoidance credits for enterprise buyers. Comparable to 3Degrees' carbon credits and Carbon Removal Suite offerings.
- Climate Neutral Group (CNG): European-based provider of carbon offset solutions, renewable energy certificates, and climate strategy consulting. Overlaps directly with 3Degrees on EAC procurement, carbon credit trading, and advisory for enterprise customers.
Emerging players
- Watershed: Enterprise carbon accounting and reduction platform that also sells credits and offers climate strategy tools. Overlaps with 3Degrees' Meridian Scope 3 module and broader climate advisory services.
- Persefoni: Carbon accounting and climate management SaaS platform for enterprises, complementing in-house carbon credit purchasing workflows. Competes with 3Degrees' emissions measurement, target-setting, and Meridian reporting capabilities.
- Pachama: Carbon credit marketplace with remote-sensing-based project verification, focused on nature-based and removal credits. Adjacent competitor to 3Degrees Marketplace for high-integrity credit buyers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
3Degrees social profiles
Digital presence3Degrees compliance and trust
Trust signalCompliance5 records
3Degrees financial estimates
Financial estimateRevenue estimate
Valuation estimate
3Degrees leadership team
Management profileNumber of profiles
Profiles8 records
3Degrees funding detail
Funding detailFunding overview
Funding rounds4 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
3Degrees M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about 3Degrees
What does 3Degrees do?
3Degrees provides climate solutions for enterprises, trading environmental commodities (energy attribute certificates, carbon credits, renewable thermal certificates) and delivering advisory services for climate strategy, emissions reduction roadmaps, power purchase agreements, and supply chain decarbonization. Its offering is supported by proprietary platforms including Meridian for EAC management, the 3Degrees Marketplace for self-serve procurement, and Supplier REach for supplier engagement.
Is 3Degrees a public or private company?
3Degrees is a private company. It is classified as unknown and is currently operating.
When was 3Degrees founded?
3Degrees was founded in 2007. It employs 251 to 500 people.
Where is 3Degrees based?
3Degrees is headquartered in San Francisco, United States, in the North America region.
How does 3Degrees make money?
Three revenue lines are on record. Environmental Commodities Trading is the primary driver. The others are climate Strategy Consulting and PPA Transaction Services.
Who are 3Degrees's main competitors?
Direct peers on record are Terrapass, Evolution Markets, South Pole Group, ACT Group, Patch, Rubicon Carbon and Climate Neutral Group (CNG). Emerging players are Watershed, Persefoni and Pachama.
Does 3Degrees have an API?
No public API is recorded for 3Degrees.
What industry is 3Degrees in?
3Degrees's product category is Environmental Commodities and Climate Advisory Services. Its primary akta.pro industry code is EUAGAIAL, Carbon Removal Credits Trading (DAC, BECCS, Biochar, Mineralization), with a secondary code of EUABADAI, Carbon Claims, Labeling & Communications Advisory (VCMI/ICVCM Guidance, Claim Substantiation). Its NAICS code is 541620.