We’re proud to announce the launch of the Perseus sandbox, the next stage in our journey to market and a significant step toward Perseus’ ambition of unlocking access to green finance for UK SMEs by reducing risk and friction in emissions reporting.

In December last year, Perseus entered its pilot stage which was launched to gather feedback on the technical, legal and user experience aspects of Perseus. As part of the Pilot, the Development Bank of Wales used Perseus in its due diligence processes for green business loan products.

Today, Perseus has progressed to the launch of the sandbox, which will allow Perseus members to safely and easily experiment with sharing energy consumption data.

How it works

The sandbox uses synthetic energy consumption data, meaning organisations can test and experiment without concerns over personal data. It also provides identical trust services (Registry and Directory) to Perseus in production.  

“Successful integration with the sandbox will make a business ‘Perseus-Ready’ – a sign that they are ready to provide the innovative new services enabled by automated carbon emissions reporting between data providers, businesses, carbon accounting platforms and lenders”.

Chris Pointon, Project Manager, Trust Services.

What does being ‘Perseus-ready’ mean for your business?

For Carbon Accounting Providers:

  • First choice for Financial Service Providers seeking market-scale data powered by Perseus.
  • First to market with Perseus-enabled products 
  • Major visibility to all participating Perseus banks
  • On-ramp to real-world case studies, leading to wider sector visibility 
  • Prepare your teams, technology and processes to strengthen your competitive advantage
  • Opportunity to launch a new revenue stream, and develop new tech capabilities for your business

For Financial Service Providers:

  • Test technical processes for ingesting Perseus data 
  • Inform product innovation, reporting and compliance
  • Build relationships and technical partnerships with potential data partners for new sustainable finance opportunities
  • Develop new tech capabilities to build scalable access to sustainability data ecosystem

If your organisation is interested in using the sandbox and becoming ‘Perseus-ready,’ please get in touch via Perseus@ib1.org