2XE

What 2XE does

2XE is an Adelaide-based, independently owned sustainability and ESG consulting firm founded in 2011 that helps Australian businesses design and deliver credible climate transition plans, meet mandatory AASB S2 / ASRS climate-related financial disclosure obligations, and identify emissions-reduction opportunities with measurable financial returns. The firm works with large Australian enterprises, ASX-listed companies, federal government entities (notably the SBS broadcaster), and sector-specific verticals such as wine and agribusiness, and claims engagement with over 1,000 Australian companies since inception. Recognised as an AFR Sustainability Leader 2025 and a 2024 Telstra Best of Business winner for Promoting Sustainability (SA), 2XE positions compliance-driven work as a pathway to operational savings, capital access and reputational advantage rather than a pure reporting burden.

The firm's core technology is the proprietary Recouple™ carbon management platform, which integrates Scope 1, 2 and 3 emissions tracking with automated calculations and compliance-ready report generation for major disclosure frameworks (ISSB, IFRS, GRI, GRESB). Consulting engagements are scaffolded by the firm's proprietary 5P® methodology covering Profiling, Possibilities, Pathways, Planning and Performance. Recouple™ is purpose-built by practitioners with 20+ years of experience and is distributed as part of managed services engagements rather than as a publicly priced standalone SaaS product.

2XE operates four revenue streams: consulting and strategy services, operational and technical services (audits, NABERS, Climate Active, engineering feasibility), managed services (ongoing outsourced sustainability partnerships, including Recouple™ access), and grant/ISO 50001 implementation work. Pricing is engagement-based and quote-driven, structured as multi-year contracts, with no public pricing and no self-serve onboarding. Distribution is direct-only via website enquiries, a 1300 number, and email, supplemented by on-site workshops and a marketing partnership with the Adelaide Crows. The firm is founder-led, has no disclosed institutional investors, has no parent or subsidiary structure, and operates exclusively within Australia.

Name

2XE

Legal name

2XE

Website

https://2xe.com.au

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

2XE is an Adelaide-based sustainability consultancy that helps Australian enterprises, ASX-listed companies, and federal government entities design climate transition plans, meet AASB S2 / ASRS disclosure obligations, and reduce emissions using its proprietary Recouple™ platform and 5P® methodology.

Ownership category

akta.pro rank

Product category

Sustainability and ESG Consulting

NAICS

Environmental Consulting Services (541620), Other Scientific and Technical Consulting Services (54169)

akta.pro primary industry

Sustainability & ESG Consulting (BPAHACAK)

akta.pro secondary industries

ESG/Sustainability Reporting & Disclosure Platforms (EUABAEAB), Regulatory & Disclosure Strategy (CSRD/ESRS, ISSB/IFRS S2, SEC, TCFD) (EUABAKAH), Audit-Ready Controls, Assurance & Compliance Workflow Tools (CSRD/SEC/ISSB) (EUABAEAG), Benchmarking, Ratings & Stakeholder Reporting Portals (Scorecards, Dashboards) (EUABAEAJ)

Keywords

• ESG consulting services
• Carbon management platform
• Climate transition planning
• Sustainability advisory
• Climate disclosure reporting

Headquarters

HQ city

Adelaide

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Consulting & Strategy Services: Expert consulting engagements covering climate and nature-related financial disclosures, ESG gap analysis, materiality assessments, carbon accounting (Scope 1, 2, 3), science-based target setting (SBTi-aligned), transition strategy development, and climate risk assessments. Delivered via structured project engagements with enterprise clients.
2. Operational & Technical Services: Technical delivery services including waste, energy, and water efficiency audits, resource productivity and engineering feasibility studies, renewable energy and electrification strategies, performance measurement and verification, Life Cycle Analysis, NABERS assessments, and Climate Active certification support.
3. Managed Services: Ongoing outsourced sustainability partnership providing ESG and carbon data tracking, analytics, and reporting (ISSB / IFRS / ASRS / GRI / GRESB), project management and governance, outsourced sustainability and energy manager roles, staff training, energy procurement, grant funding applications, and ISO 50001 Energy Management System design and implementation.
4. Recouple™ SaaS Platform: Subscription-accessible proprietary carbon management software platform licensed to clients for emissions tracking, reporting, and management. Integrated with consulting services for end-to-end climate disclosure support. Generates compliance-ready reports for multiple international frameworks.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

2XE provides sustainability and ESG consulting services for Australian enterprises, covering climate-related financial disclosures (ASRS/AASB S2), Scope 1/2/3 carbon accounting, transition strategy, climate risk assessment, and managed sustainability services. The firm's proprietary Recouple™ carbon management platform provides real-time emissions tracking, automated calculations, and compliance-ready reporting across ISSB, IFRS, GRI, and GRESB frameworks, integrated with consulting engagements.

Product overview

2XE operates as a platform-plus-services model, combining its proprietary carbon management software Recouple™ with a suite of consulting and managed services. Recouple™ serves as the core technology platform providing emissions tracking, reporting, and analytics capabilities, while 2XE's consulting services — spanning Climate-Related Financial Disclosures, Consulting & Strategy, Operational & Technical Services, and Managed Services — deliver the human expertise and implementation support that complement the software platform.

Differentiator

Problem solved

Functional benefit

Brands

• Recouple™: Proprietary carbon management platform designed by practitioners with over 20 years of real-world experience. Recouple provides a customisable and dynamic approach to tracking, reporting, and managing organisation's emissions reduction initiatives, integrating with 2XE's consulting services.

Products and services

• Recouple™ Carbon Management Platform Proprietary carbon management platform providing real-time visibility into carbon performance, automated Scope 1/2/3 emissions calculations, and compliance-ready report generation for ISSB, IFRS, GRI, and GRESB frameworks. Sold/licensed to enterprise clients as part of managed services engagements for emissions tracking, reporting, and management.
• Climate-Related Financial Disclosures & ASRS/AASB S2 Consulting End-to-end advisory on Australian Sustainability Reporting Standards (ASRS) and AASB S2 climate-related financial disclosures, including governance, strategy, risk management, and metrics and targets. For ASX-listed corporates and government entities required to deliver externally assured disclosures on time.
• Consulting & Strategy Services Expert consulting engagements covering ESG gap analysis, materiality assessments, Scope 1/2/3 carbon accounting, science-based target setting (SBTi-aligned), transition strategy development, and climate risk assessments. Delivered via structured project engagements with enterprise clients.
• Operational & Technical Services Technical delivery services including waste, energy, and water efficiency audits, resource productivity and engineering feasibility studies, renewable energy and electrification strategies, performance measurement and verification, Life Cycle Analysis, NABERS assessments, and Climate Active certification support.
• Managed Sustainability Services Ongoing outsourced sustainability partnership providing ESG and carbon data tracking, analytics, and reporting (ISSB/IFRS/ASRS/GRI/GRESB), project management and governance, outsourced sustainability and energy manager roles, staff training, energy procurement, grant funding applications, and ISO 50001 Energy Management System design and implementation. Includes Recouple™ platform access.

Quantifiable outcome

• Over 1,000 Australian companies served since 2011
• +5 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Adelaide CrowscoreGTM or Marketing Partner2XE entered into a formal partnership with the Adelaide Football Club (AFL) to support the Club's sustainability agenda. 2XE is working alongside the Club's leadership team to strengthen sustainability foundations, weaving climate considerations into the Club's vision, decision-making, and long-term direction. The partnership extends 2XE's brand reach into the sporting sector and broader South Australian community, reinforcing its position as a leading sustainability advisor.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Watershed: US-headquartered enterprise carbon accounting and climate disclosure platform. Directly comparable to Recouple™ in providing Scope 1/2/3 emissions tracking, audit-ready reporting, and framework coverage; competes for the same enterprise sustainability buyer, though at larger scale and with deeper VC funding.
• Persefoni: Climate management and accounting platform serving enterprises and financial institutions. Comparable to Recouple™ across carbon accounting, decarbonisation planning, and climate disclosure workflows; expands into Australia and APAC as ASRS rolls out, creating direct competitive overlap.
• Sweep: Carbon management SaaS platform targeting mid-market and enterprise customers. Overlaps with Recouple™ on Scope 1/2/3 emissions tracking and sustainability reporting, with a strong EMEA presence that is expanding into Asia-Pacific and competing for the same Australian enterprise clients.

Broad incumbents

• Workiva: Established SaaS platform for SEC, ESG, and integrated reporting used by large Australian and global enterprises. Broader than 2XE (financial reporting, audit, GRC) but directly overlaps on climate disclosure workflow and is a likely RFP competitor for ASRS-led mandates.
• South Pole Group: Global climate solutions provider combining consulting, carbon credit development, and software-enabled climate strategy. Larger and broader than 2XE but comparable on climate advisory, decarbonisation strategy, and disclosure services for enterprise and government clients in Asia-Pacific.
• Sphera (ESG Software): Enterprise ESG, EHS, and sustainability software suite owned by Blackstone. Overlaps with Recouple™ on emissions tracking and ESG reporting and competes for the same enterprise sustainability software budgets, though at a much larger scale across multiple ESG/EHS workflows.
• Anthesis Group: Global sustainability consultancy with a large Asia-Pacific practice, offering carbon accounting, climate strategy, and disclosure services. Comparable to 2XE's consulting and managed services offering, particularly for multinational clients requiring APAC coverage.

Regional players

• Pangolin Associates: Australian sustainability and net-zero consultancy providing carbon accounting, climate disclosure, and decarbonisation strategy. Closest direct Australian competitor to 2XE, serving similar ASX-listed and government clients without 2XE's proprietary software platform.
• Edge Impact: Australian sustainability and ESG advisory firm offering carbon accounting, climate strategy, and disclosure services. Comparable in target market (ASX-listed and large Australian corporates) and consulting-led delivery model, competing directly for ASRS mandates.

Emerging players

• Toitū Envirocare: New Zealand-headquartered climate and sustainability consultancy with growing Australian presence. Comparable in offering carbon accounting, Climate Active certification support, and disclosure services to mid-market and enterprise clients in Australasia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• Facebookfacebook.com/2XE.ADL
• LinkedInlinkedin.com/company/2xe
• Xx.com/2XE_ADL

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 2XE