Klever

What Klever does

Klever Sustainability Oy is a Helsinki-based data and analytics provider founded in 2024 that delivers banking book sustainability solutions to European financial institutions. Its platform, the Klever Workbench, comprises two core modules: Reported Data, which provides AI-extracted and human-verified sustainability metrics (GHG emissions, EU Taxonomy alignment, ESRS/VSME datapoints, SBTi targets) for every company in a client's portfolio; and Physical Risk, which performs climate hazard analysis across 50+ hazard layers with key asset discovery, geocoding, and scenario analysis aligned to Pillar 3 Template 5/5A and EBA ESG guidelines.

The underlying technology combines purpose-built agentic AI extraction tools with a four-eyes human verification process and an integration layer that delivers data through Snowflake Native Share, Databricks Delta Sharing, a REST API with Python and TypeScript SDKs, an MCP server for AI agents, and bulk file delivery via SFTP, S3, or Azure Blob. Physical risk inputs are sourced from authoritative providers including WRI, JRC DRMKC, the Global Flood Partnership, Copernicus, and the European Environment Agency. Infrastructure is hosted on SOC 2 Type II and ISO 27001-certified cloud providers with encryption at rest, GDPR compliance, NDAs with all clients, and DORA-aligned security practices.

The business model is subscription-based recurring revenue sold through an enterprise sales motion targeting European banks, particularly Nordic financial institutions, with bespoke quote-based pricing rather than published tiers. Customers include three Nordic banks using the platform for PCAF Financed Emissions, Pillar 3 ESG reporting, Green Asset Ratio reporting, and climate scenario analysis ahead of the EBA's mandatory Environmental Scenario Analysis requirements taking effect in 2027 for over 2,000 EU banks.

Name

Klever

Legal name

Klever Sustainability Oy

Website

https://klever.earth

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Klever is a Helsinki-based data and analytics company providing AI-extracted, human-verified sustainability and physical climate risk data for European banks, enabling compliance with PCAF, Pillar 3 ESG, and EBA Guidelines via its Workbench platform.

Ownership category

akta.pro rank

Product category

ESG and Climate Risk Data Analytics

NAICS

Environmental Consulting Services (541620), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

akta.pro industry

PRIMARYEUABAEAA

Enterprise Carbon Accounting & GHG Inventory Platforms

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Carbon Accounting, Reporting & Climate Data Platforms (GHG Inventories, ESG/Disclosure)

SECONDARYEUABALAG

Climate Risk Reporting & Disclosure Analytics (TCFD/ISSB, EU Taxonomy, CSRD, NAIC)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Climate Risk, Insurance & Resilience Analytics (Physical/Transition Risk Modeling)

SECONDARYEUABAEAC

Climate & Emissions Data Management (Data Lake, Integration, APIs)

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Carbon Accounting, Reporting & Climate Data Platforms (GHG Inventories, ESG/Disclosure)

SECONDARYEUABAEAF

Climate Target-Setting, Transition Planning & Performance Management Platforms

Energy, Utilities & Environment/Carbon & Climate Solutions (Carbon Markets, Offsets, CCS/CCUS)/Carbon Accounting, Reporting & Climate Data Platforms (GHG Inventories, ESG/Disclosure)

SECONDARYEUAHAJAD

Climate Risk & Scenario Analysis (TCFD/IFRS S2)

Energy, Utilities & Environment/Environmental Compliance, Monitoring & Consulting/Sustainability, ESG & Corporate Environmental Reporting

Keywords

• Sustainability data services
• Financed emissions reporting
• Physical climate risk
• ESG regulatory compliance
• Banking book analytics

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Sustainability Data Services: Subscription-based data services providing verified sustainability data for financed emissions, Pillar 3 ESG reporting, and physical risk analysis. Coverage is based on client company lists with tailored datapoints. Zero internal headcount required for data collection.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels3 records

Core offering

Klever provides AI-extracted and human-verified sustainability data plus physical climate risk analytics for European banks' banking books. The platform delivers GHG emissions, EU Taxonomy, ESRS/VSME, and SBTi datapoints for financed emissions reporting, Pillar 3 ESG templates, Green Asset Ratio reporting, and climate scenario analysis, with coverage extending to unlisted companies and full traceability to source documents.

Product overview

Klever offers a unified banking book sustainability solutions platform consisting of two integrated modules: Reported Data and Physical Risk, accessible through the Klever Workbench platform. Reported Data provides AI-extracted and human-verified sustainability metrics (GHG emissions, taxonomy, ESRS/VSME) for regulatory compliance (PCAF, Pillar 3, EBA ESG Guidelines). Physical Risk delivers climate hazard analysis across 50+ hazard layers for any company or address. Data delivery is available via Snowflake, Databricks, REST API, CLI, MCP server, and bulk file exports (SFTP, S3, Azure Blob).

Differentiator

Problem solved

Functional benefit

Products and services

• Klever Workbench Cloud-based platform providing on-demand sustainability data retrieval for financial institutions. Serves as the interface for accessing Reported Data and Physical Risk modules, with data delivery via Snowflake, Databricks, REST API, CLI, and bulk file exports.
• Reported Data Verified sustainability data solution providing full coverage of companies in client portfolios for regulatory compliance. Covers GHG emissions (Scope 1, 2, 3), EU Taxonomy eligibility and alignment, ESRS and VSME datapoints, SBTi target data, and tailored metrics for PCAF Financed Emissions, Pillar 3 ESG templates, and Green Asset Ratio reporting. Data is extracted using purpose-built AI tools and verified by two analysts with full traceability to source.
• Physical Risk Physical climate risk analysis solution covering the full banking book. Provides key asset discovery for any company, risk scores for all key assets, risk analysis for any address, and 50+ hazard layers aligned with Pillar 3 ITS and EBA requirements. Supports Pillar 3 Template 5/5A compliance, EBA ESG risk management guidelines, and climate scenario analysis with short- and long-term (>10 year) stress horizons.

Quantifiable outcome

• Zero internal headcount required for data collection (vs. high labour-intensiveness for legacy providers and internally built AI tools)
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability3 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and supporting.

• SnowflakecoreTechnology or IntegrationNative data share integration via Snowflake Marketplace and Secure Data Sharing. Enables zero-copy access to Klever data from client Snowflake accounts without ETL pipelines.
• DatabrickscoreTechnology or IntegrationDelta Sharing integration providing live tables in client Databricks Lakehouse. Data is versioned and governed without requiring pipeline maintenance.
• WRI (World Resources Institute)supportingTechnology or IntegrationHazard layer data source for physical climate risk analysis. WRI provides climate and environmental data for risk assessment.
• JRC DRMKCsupportingTechnology or IntegrationJoint Research Centre Disaster Risk Management Knowledge Centre provides official climate hazard data used in physical risk analysis.
• GIRI (Global Flood Partnership)supportingTechnology or IntegrationGlobal Flood Partnership provides flood risk data integrated into water-related hazard layers.
• CopernicussupportingTechnology or IntegrationEU Copernicus programme provides official climate and environmental data for hazard layer analysis.
• EEA (European Environment Agency)supportingTechnology or IntegrationEuropean Environment Agency provides official environmental data integrated into hazard layers.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Iceberg Data Lab: European-based ESG data provider focused on environmental impact assessment and corporate climate metrics, including Scope 1–3 and physical risk. Closely comparable to Klever in target customers (European financial institutions) and product scope.
• ISS ESG: Offers ESG data, ratings and regulatory reporting solutions (including EU Taxonomy and SFDR) to financial institutions. Highly comparable to Klever on the financed-emissions and regulatory disclosure use case for banks, with broader asset-class coverage.
• Sustainalytics (Morningstar): Provides ESG and climate risk data and ratings used by asset managers and banks for regulatory and portfolio reporting. Closely comparable to Klever in serving financial institutions with sustainability risk analytics, though broader in coverage and listed-company centric.
• Trucost (S&P Global): Provides environmental data including carbon emissions, climate risk and natural capital analytics to banks and investors. Directly comparable to Klever's Reported Data and Physical Risk offerings, with a much larger listed-company dataset.

Broad incumbents

• MSCI ESG Research: One of the largest ESG data and ratings providers globally, widely used by European banks for regulatory and portfolio analytics. Overlaps heavily with Klever's use cases but serves a much broader mandate across listed equities and fixed income.
• Bloomberg ESG Data: Embedded ESG data product within the Bloomberg terminal covering emissions, climate risk and regulatory metrics for banks. Comparable to Klever for listed-company and portfolio analytics, but built for terminal users rather than banking-book workflows.

Emerging players

• Persefoni: Climate management and accounting platform providing GHG inventory, PCAF and financed emissions capabilities for banks and asset managers. Directly comparable to Klever's financed-emissions product, with deeper corporate customer base.
• Watershed: Enterprise carbon accounting platform used by corporates and financial institutions to measure and report emissions. Comparable to Klever's Reported Data product for financed emissions workflows, though primarily serving corporates directly today.
• Clarity AI: AI-driven sustainability analytics platform offering ESG ratings, climate metrics and regulatory reporting tools to financial institutions. Comparable to Klever on technology approach (AI-led) and regulatory use cases, with broader asset-class reach.

Regional players

• Position Green: Nordic-based ESG and sustainability data and reporting platform widely used by Nordic financial institutions and corporates. Closest regional peer to Klever on geography and Nordic-bank customer base, with broader scope across non-financial corporates.

Market position

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/klever-sustainability-oy

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Klever