Pivot Energy Services rebrands to Tallarna to highlight its acceleration of net zero in the built environment
The company’s rebrand emphasises its ability to accelerate net zero in the built environment by making decarbonisation projects financially executable.
LONDON, England, NEW YORK, USA, and STOCKHOLM, Sweden – 6th December 2021 – Pivot Energy Services, an award-winning climate tech start-up for the built environment, has today announced its rebrand to Tallarna. The new name means “pine trees” or “the pines” in Swedish and highlights the company’s ability to reduce carbon emissions in buildings at speed and scale.
The rebrand includes the launch of a new logo, website, and social media accounts, and builds on the company’s appeal of combining carbon and capital efficiency. Tallarna is recognised by PwC and the University of Cambridge as one of ‘The 20 hottest start-ups in AI’ for the integration of its data analytics platform with a Fortune 500, A-rated insurer.
At the heart of this rebrand is an emphasis on Tallarna’s unique ability to translate buildings’ technical risks into financial metrics that resonate across the value chain. The performance of decarbonisation projects can then be insured and guaranteed, unlocking third-party, off-balance sheet funding.
Tallarna’s plural meaning, “the pines”, highlights the need for a multi-faceted, collective approach to decarbonisation, one that incorporates environmental, social, and financial sustainability. This belief is seen in the company’s diverse partnerships across the energy value chain, including with technology provider ABB. They are currently working with Tallarna to boost the ABB Ability™ Energy Manager cloud platform with value-added services for energy service companies, partners, and end customers.
Accelerating net zero is a cornerstone of Tallarna. Pine trees absorb CO2 on a large scale thanks to their fast growth and are part of a forest ecosystem that mitigates soaring temperatures. This climate tech start-up likewise stabilises the indoor environment and supports more comfortable, healthier homes. Tallarna’s Swedish roots honour the company’s beginnings, founded in Stockholm in 2017 by Tim Meanock, Will Gayton, and Johan Signer.
The new brand brings to life the speed and scale at which decarbonisation needs to happen. Currently, less than 1% of building stock is zero carbon ready. But to reach net zero by 2050, more than 85% of buildings will need to achieve this. In the UK social housing sector alone, this equates to retrofitting 3,307 homes per week. Tallarna is currently working with a significant number of social housing landlords, analysing portfolios of tens of thousands of properties at one time, to deliver flexible financing and procurement economies.
Tallarna makes decarbonisation projects financially executable through an ecosystem approach. It connects the dots between data analytics, performance guarantees, and efficient funding, helping unlock “the trillions required in private investment” that COP26 President, Alok Sharma, argued was fundamental to halting the devasting effects of climate change.
“As we grow and rebrand as Tallarna, we move into an exciting stage of our company’s evolution,” said Tim Meanock, co-founder and CEO, Tallarna. “One that showcases our full strength in making building decarbonisation financially executable at scale.”