Tennaxia
Tennaxia is a France-based SaaS and consulting provider of ESG, carbon, and HSE management software, serving more than 1,000 enterprise clients including over 50% of CAC 40 companies with a software-plus-advisory model.
- Company typePrivate
- Founded2001
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Tennaxia does
Tennaxia is a France-based SaaS and consulting provider of sustainability, ESG, carbon, and HSE (Health, Safety, and Environment) management software, founded in 2001 and headquartered in Changé with offices in Paris, Laval, Lyon, and Bordeaux. Its "Sustainability Progress Platform" combines modular SaaS — covering carbon accounting (Scopes 1-3), double materiality analysis, CSRD/ESRS/VSME/GRI reporting, supplier performance, HSE risk management, regulatory monitoring, waste traceability, and financial decarbonation modeling (MAC curves, CapEx/OpEx) — with embedded consulting from 90+ internal ESG, carbon, and HSE experts. Differentiated technical elements include Boavizta methodology integration for cloud computing emissions, AI-enhanced data processing, multi-entity organizational modeling, and a configurable emission factor database; the platform is SOC 2 Type 2 and ISO 27001 certified and is ABC-approved and a Friend of Efrag.
Tennaxia serves more than 1,000 clients including over 50% of CAC 40 companies (LVMH, Michelin, AXA, Sanofi, Schneider Electric, Siemens, Engie, Air France KLM, Danone, SUEZ, Arkema, Bosch, Michelin, Compass Group, Groupe SEB, Bel, RATP Dev, Servier, INSEAD, Sodexo, GSF, Groupe Citadelle, Piano Analytics) via a direct enterprise field-sales motion and a consulting-led "Software + Conseil" approach that bundles advisory projects with platform adoption. Sales are conducted in French and German markets with contract values ranging from €20K-€50K to over €100K and annual billing. The company employs more than 150 collaborators, invests over €4M annually in R&D, and is privately held under majority-influencing backers including Marlin Equity Partners (entered 2023) and Arkéa (entered 2008), having completed the Traace acquisition in 2024 to deepen carbon SaaS capabilities.
Tennaxia firmographics
Firmographics- Name
- Tennaxia
- Legal name
- Tennaxia
- Website
- https://tennaxia.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tennaxia is a France-based SaaS and consulting provider of ESG, carbon, and HSE management software, serving more than 1,000 enterprise clients including over 50% of CAC 40 companies with a software-plus-advisory model.
- Ownership category
- akta.pro rank
Tennaxia industry classification
Industry- Product category
- Sustainability & ESG Management Software
- NAICS
- Environmental Consulting Services (541620)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Emissions Factors, LCA & Product Carbon Footprint (PCF) Platforms (EUABAEAD)
- akta.pro secondary industries
- Decarbonization Strategy & Marginal Abatement Cost Curve (MACC) Advisory (EUABAKAC), Benchmarking, Ratings & Stakeholder Reporting Portals (Scorecards, Dashboards) (EUABAEAJ)
Keywords
Where Tennaxia is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices5 records
Markets served
Tennaxia business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- SaaS Software Licenses (Platform Subscriptions): Subscription-based access to the Tennaxia sustainability platform covering ESG, HSE, and carbon management modules. Clients access the platform on a per-user or organization-wide basis, with multiple tiers based on modules selected and team size.
- ESG & Carbon Consulting Services: Advisory consulting engagements including CSRD Gap Analysis, double materiality assessments, reporting protocols (ESRS, GRI, VSME), carbon footprinting, decarbonation roadmaps, and ESG governance. 50+ consulting projects delivered annually by 60+ in-house ESG and carbon experts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS platform with consulting |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Tennaxia product offering
Product offeringCore offering
Tennaxia provides a SaaS Sustainability Progress Platform for ESG, carbon, and HSE (Health, Safety, Environment) management, combined with advisory consulting services. The platform enables enterprises to collect sustainability data, calculate Scope 1, 2, and 3 emissions, perform double materiality assessments, model decarbonation pathways with financial (MAC curve) analytics, and produce multi-framework regulatory reports (CSRD, ESRS, VSME, GRI, GHG Protocol, CDP). It is sold as a configured subscription platform bundled with expert consulting engagements.
Product overview
Tennaxia offers a unified Sustainability Progress Platform combining SaaS software modules with consulting expertise. The platform consists of core products including Tennaxia Platform, Tennaxia Reporting, and Tennaxia ESG, supported by specialized modules for carbon accounting (Comptabilité Carbone & ESG), ESG reporting, regulatory monitoring (Veille réglementaire HSE), waste management (Gestion des déchets), risk management (Gestion des risques HSE), trajectory modeling (Trajectoires ESG & Carbone), action planning (Plan d'action ESG & Carbone), financial piloting (Pilotage financier de la décarbonation), supplier performance, and CSRD Gap Analysis. The offering also includes RSE consulting services and extends through the 2024 acquisition of Traace, a carbon SaaS solution.
Differentiator
Problem solved
Functional benefit
Products and services
- Tennaxia Platform (Sustainability Progress Platform) Core SaaS platform combining HSE, ESG, carbon accounting, double materiality, decarbonation modeling, supplier performance, and multi-framework reporting (CSRD, ESRS, VSME, GRI, GHG Protocol, CDP) for large enterprises and CAC 40 companies. Supports multi-entity organizational modeling, configurable permissions, and integrates emission factor databases including the Boavizta methodology for cloud computing.
- Conseil RSE (CSR/ESG Consulting Services) Strategic advisory and consulting services for ESG, carbon, and sustainability topics delivered by 60+ in-house ESG, carbon, and HSE experts, covering CSRD Gap Analysis, double materiality assessments, reporting protocols (ESRS, GRI, VSME), carbon footprinting, decarbonation roadmaps, ESG governance, and stakeholder mapping.
- Traace (Carbon SaaS Platform) Carbon SaaS platform acquired in 2024 that strengthens Tennaxia's carbon accounting capabilities and expands its carbon management product offering for enterprises.
- Impact Finance Module Module launched in 2021 targeting investors for ESG performance tracking of investments and portfolio companies.
Quantifiable outcome
- 400% average ROI for clients using Tennaxia solutions, on quantifiable benefits and indirect advantages
- +5 more outcomes
Companies that use Tennaxia
Customer profileNamed customers23 records
Segments2 records
Ideal customer profiles2 records
Tennaxia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Tennaxia partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- TraacecoreIn 2024, Tennaxia acquired Traace, a leader in Carbon SaaS, strengthening Tennaxia's position in the carbon accounting software market and expanding its product capabilities.
- Incidence 8coreIncidence 8 is a specialized climate consulting firm that recommended Tennaxia to GSF and jointly delivers carbon accounting and SBTi-aligned decarbonation projects. Incidence 8 conducts benchmarks, leads client climate strategy, and uses Tennaxia as the underlying software platform for data collection and analysis.
Scale indicators13 records
Recent moves9 records
Expansion highlights5 records
Tennaxia competitors and assessment
Company assessmentDirect peers
- Sweep: Sweep is a European-headquartered carbon accounting and ESG platform serving mid-market and enterprise customers, directly competing with Tennaxia on Scope 1-3 measurement, decarbonation planning, and CSRD reporting.
- Greenly: Greenly is a French carbon accounting SaaS platform with strong SMB and mid-market traction, directly overlapping Tennaxia's carbon footprinting and CSRD readiness offerings.
- Watershed: Watershed is a US-based enterprise carbon accounting platform with broad Scope 1-3 and CSRD capabilities, competing for large multinational ESG/sustainability budgets similar to Tennaxia's CAC 40 base.
- Persefoni: Persefoni is a climate management and accounting platform for enterprises, offering Scope 1-3 carbon accounting and CSRD-aligned reporting comparable to Tennaxia's core platform.
- EcoVadis: EcoVadis provides business sustainability ratings and an ESG assessment platform used by large enterprises and their supply chains, overlapping with Tennaxia's supplier performance and Scope 3 engagement offerings.
- Emitwise: Emitwise is a carbon accounting platform specializing in product-level and Scope 3 emissions for industrials, comparable to Tennaxia's carbon footprinting and decarbonation trajectory modules.
Broad incumbents
- Workiva: Workiva is an established SaaS platform for sustainability, ESG, and regulatory reporting serving large enterprises; a broader incumbent that competes for ESG disclosure and CSRD workflow budgets overlapping Tennaxia's reporting module.
- Salesforce Net Zero Cloud: Salesforce Net Zero Cloud is the sustainability arm of Salesforce's CRM platform, offering carbon accounting and ESG reporting for large enterprises and competing for the same strategic sustainability software budget as Tennaxia.
- Microsoft Sustainability Manager: Microsoft Sustainability Manager is part of the Microsoft Cloud for Sustainability suite, offering carbon accounting and ESG reporting tightly integrated with the Microsoft enterprise stack, competing for CIO/CSO-level sustainability budgets.
- Diligent (ESG / Galvanize): Diligent (with acquired Galvanize/ACL GRC technology) is a broad GRC and ESG platform serving boards and large enterprises for sustainability and risk reporting, partially overlapping Tennaxia's CSRD and governance offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Tennaxia social profiles
Digital presenceTennaxia compliance and trust
Trust signalCompliance2 records
Tennaxia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tennaxia leadership team
Management profileNumber of profiles
Profiles8 records
Tennaxia subsidiaries and ownership
Company hierarchySubsidiaries1 record
Tennaxia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tennaxia M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tennaxia
What does Tennaxia do?
Tennaxia provides a SaaS Sustainability Progress Platform for ESG, carbon, and HSE (Health, Safety, Environment) management, combined with advisory consulting services. The platform enables enterprises to collect sustainability data, calculate Scope 1, 2, and 3 emissions, perform double materiality assessments, model decarbonation pathways with financial (MAC curve) analytics, and produce multi-framework regulatory reports (CSRD, ESRS, VSME, GRI, GHG Protocol, CDP). It is sold as a configured subscription platform bundled with expert consulting engagements.
Is Tennaxia a public or private company?
Tennaxia is a private company. It is classified as private equity controlled and is currently operating.
When was Tennaxia founded?
Tennaxia was founded in 2001. It employs 11 to 50 people.
Where is Tennaxia based?
Tennaxia is headquartered in Paris, France, in the Europe region.
How does Tennaxia make money?
Two revenue lines are on record. SaaS Software Licenses (Platform Subscriptions) is the primary driver. The others are ESG & Carbon Consulting Services.
Who are Tennaxia's main competitors?
Direct peers on record are Sweep, Greenly, Watershed, Persefoni, EcoVadis and Emitwise. Broad incumbents are Workiva, Salesforce Net Zero Cloud, Microsoft Sustainability Manager and Diligent (ESG / Galvanize).
Does Tennaxia have an API?
No public API is recorded for Tennaxia.
What industry is Tennaxia in?
Tennaxia's product category is Sustainability & ESG Management Software. Its primary akta.pro industry code is EUABAEAD, Emissions Factors, LCA & Product Carbon Footprint (PCF) Platforms, with a secondary code of EUABAKAC, Decarbonization Strategy & Marginal Abatement Cost Curve (MACC) Advisory. Its NAICS code is 541620 and its SIC code is 7373.