June 17, 2025
Pathzero co-founder and CEO, Carl Prins, has been named a winner in the Australian Financial Review Sustainability Leaders list for 2025, being named a leader in the banking, superannuation and financial services category, while also taking out the Small Organisation award for Pathzero’s role in helping the superannuation industry respond to rising climate risk and regulatory scrutiny.
As Australia enters a new era of mandatory climate reporting, and ASIC cracks down on greenwashing, Pathzero’s emissions management platform is emerging as an essential solution for asset owners and fund managers navigating the complex landscape of private markets. Pathzero’s work in supporting the entire superannuation sector in managing risk, preparing for audit quality reporting, and building transition plans is unique globally.
Financial institutions have to get ready now – not just to report metrics, but to show how they’re managing risk. One of the core things we’re trying to do is establish an industry-wide solution,” Prins said.
Pathzero provides a suite of tools – Clarity, Navigator and Library – that together form a carbon management system for private market investors. These tools allow users to record, analyse and share emissions data across complex portfolios, supporting better governance, credible disclosure and informed action.
With new climate reporting requirements now live for the country’s largest companies Pathzero’s role is becoming increasingly critical. By 2027, these obligations will extend to all organisations with more than 100 employees and over $50 million in turnover or $25 million in assets, and will include scope 3 emissions reporting.
“In public markets, emissions data is often available – but private markets are a black box,” Prins said. “Pathzero helps make that data transparent, usable and auditable.”
The company’s network now includes more than 450 fund managers, with emissions data already produced for $6.93 trillion (USD $4.5 trillion) worth of unlisted assets – around one-third of the global private market universe. Superannuation leaders like HESTA and Aware Super are already using the platform to assess and act on emissions exposure across their private investments.
“This isn’t just about compliance,” Prins said. “It’s about enabling informed decisions and making transition risk part of mainstream investment strategy.”
Pathzero’s Library product – a secure disclosure network – allows emissions data to be crowdsourced and shared between investors, fund managers, and companies. Clarity supports portfolio-level emissions screening, while Navigator delivers tailored workflows to asset owners collecting data from multiple layers of the investment chain.
“You can dial in the depth of analysis you need – from high-level screening to fully audited emissions accounts,” Prins said. “It’s designed for the complexity of real-world portfolios.”
Now four years since launch, the company is expanding internationally and continuing to build momentum, even as global politics shift around environmental commitments.
“Our focus is on climate-related financial risk – whether it’s transition risk in a portfolio or the physical risks of assets like buildings,” Prins said. “And the actuarial impacts are real – you only need to try insuring a property in Florida right now to see that.”
As scrutiny turns toward the private markets and sustainability reporting becomes a baseline expectation, Pathzero is helping reshape how emissions are measured, reported, and acted upon across the investment landscape.
Read the related article in the Australian Financial Review
