
Gravity Expands Presence and Team in Europe
Geographical expansion driven by European companies' demand for solutions that move beyond sustainability disclosure and drive business value
SAN FRANCISCO, June 25, 2025 /PRNewswire/ — Gravity, the leading enterprise carbon accounting and energy management platform, today announced that it has expanded its presence and team in Europe. This strategic expansion builds on the company's early traction in the region, where Gravity serves customers operating in 19 countries, and significant growth in North America, where over 60% of its customers have switched from other providers.
'In working with European customers, we've heard familiar pains: automation is falling short, causing organizations to spend far too much time on measurement; regulatory changes are difficult to track and prepare for; and the work increasingly needs to align with business priorities to justify investment,' said Saleh ElHattab, Co-Founder and CEO of Gravity. 'Gravity has been laser-focused on these pain points since day one, and we've already saved our European partners time and money. We're thrilled to be expanding our support on the continent.'
Gravity's customers in Europe span a wide variety of sectors and sizes and include Adyen, a global financial technology platform headquartered in Amsterdam; Permasteelisa Group, a leading global contractor in architectural envelopes based in Italy; and SHV Energy, a leading global distributor of off-grid energy headquartered in the Netherlands, among others. The company has already supported its customers to prepare for disclosure to the EU's Corporate Sustainability Reporting Directive (CSRD) and for third-party audits, which its customers have passed with no qualifications.
'Across our operations in Europe and globally, Gravity has been instrumental in empowering Permasteelisa to better understand our Scope 1, 2, and 3 emissions — leveraging technology to simplify processes and scale the impact of our work,' commented Anna Foden, Head of Sustainability at Permasteelisa. 'We look forward to deepening our work together as Gravity expands in our home base of Italy and across the region.'
To lead the company's growth in Europe, Gravity has increased the size of its existing team of climate and product experts in the region. The expanded team is led by Giulia Borsa, a senior sustainability expert and sales leader based in Barcelona, and Miles Cox, a seasoned private equity professional based in London. Gravity intends to continue growing its European team over the coming year, with a focus on scaling its Sales and Marketing functions and expanding its presence in Germany, France, Italy, the Netherlands, Spain, and the United Kingdom.
In addition to global emissions reporting frameworks, Gravity's Europe team has deep expertise in advising customers on how to navigate and report for a wide range of Europe-specific regulations, including the EU's CSRD, taxonomy for sustainable activities, and Carbon Border Adjustment Mechanism (CBAM), as well as the UK's Streamlined Energy and Carbon Reporting (SECR) and Spain's Ley 7/2021 de Cambio Climático y Transición Energética, among others.
About GravityGravity is an end-to-end carbon accounting and energy management solution that aligns sustainability and business impact. Built for energy-intense operations and companies with complex supply chains, Gravity empowers the world's makers and leading institutions to easily comply with emissions reporting requirements, win over customers, and reduce costs by optimizing energy use. With industry-leading technology, Gravity ensures customers can navigate the changing regulatory environment with confidence and execute projects that drive meaningful energy reductions, while protecting – and enhancing – their bottom line. Learn more and arrange a demo at www.gravityclimate.com.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Straits Times
2 hours ago
- New Straits Times
US-Canada trade talks lift Wall St futures to record highs
LONDON/SYDNEY: Wall Street futures reached record highs on Monday as optimism over US trade negotiations with key partners helped boost sentiment in markets. World stocks hovered just below recent record highs and European shares trimmed early falls. Canada said on Sunday it had rescinded its digital services tax in a bid to advance trade negotiations, bowing to pressure from US President Donald Trump. The talks are aimed at getting a deal done by July 21, extending Trump's original July 9 deadline for his "reciprocal" tariffs. Officials have suggested most deals could now be done by the September 1 Labor Day holiday. Investors were also keeping a wary eye on the progress of a huge US tax-cutting and spending bill slowly making its way through the Senate, with signs it may not make it by Trump's preferred July 4 deadline. The Congressional Budget Office estimated the bill would add US$3.3 trillion to the nation's debt over a decade, testing foreign appetite for US Treasuries. There was no doubting the demand for the US tech sector and megacap growth stocks including Nvidia, Alphabet and Amazon. Nasdaq futures rose another 0.5 per cent , while S&P 500 futures added 0.4 per cent, having touched record highs. "We have been surprised at just how resilient markets have been in the face of a tremendous amount of uncertainty," Kevin Gardiner, global investment strategist at Rothschild & Co, said. "Markets continue to look resilient, though we note that we haven't seen equity valuations look more expensive since 2000," he added. European stocks trimmed early falls, but were set to log gains for the quarter, while investors monitored signs of any delay on the July 9 tariff deadline, looming large. They were down just 0.1 per cent, though European defence stocks led sectoral gains with a rise of just over 1 per cent. The sector has remained buoyant since last week's NATO pledge to spend 3.5 per cent of GDP on core defence and 1.5 per cent on broader defence-related measures, a jump worth hundreds of billions of dollars a year. Attention also turned to a European Central Bank conference in Sintra, Portugal, as well as key euro zone inflation reports due this week and the closely watched US non-farm payrolls report on Thursday. Asian markets closed on a mixed note with Chinese blue chips up 0.4 per cent, after surveys showed manufacturing improved slightly in June while service activity picked up. Hong Kong stocks closed down 0.9 per cent while Japan's Nikkei rose 0.8 per cent. DOLLAR DOLDRUMS A holiday on Friday means US jobs data will come a day early, with analysts forecasting a rise of 110,000 in June and a rising jobless rate reaching almost a year high at 4.3 per cent. The resilience of the labour market is a major reason the majority of Federal Reserve members say they can afford to wait on cutting rates until they can gauge the true impact of tariffs on inflation, so a weak report would stoke speculation of a rate cut in July rather than September. The prospect of policy easing has helped Treasuries weather worries on the ballooning US budget deficit. Ten-year Treasury yields fell 3 basis points to 4.25 per cent , having fallen 7 bps last week. The dollar struggled in part over concern that tariffs and policy whipsaws from the White House will drag on economic growth. The euro steadied, having climbed more than 1 per cent last week to its highest levels since 2021 against a broadly weak dollar. Sterling tipped 0.1 per cent lower to just below a similar peak hit last week, trading near US$1.37. The dollar was down 0.3 per cent to 144.19 yen and the dollar index eased 0.2 per cent to 97.237, a whisker above three-year lows. The dollar has fallen by more at this stage in the year than in any previous year since the US moved to a free-floating exchange rate in 1973. "At this point, further weakness could become self-reinforcing as underhedged European/Asian portfolios chase the move," James Reilly, a senior markets economist at Capital Economics, said. In commodity markets, the general revival in risk sentiment weighed on gold, which rose 0.4 per cent to US$3,285 an ounce but held below April's record top of US$3,500. Oil prices continued to struggle on concerns about plans for increased output from OPEC+, which contributed to a 12 per cent slide last week. Brent declined 17 cents to US$67.60 a barrel, while US crude fell 26 cents to US$65.26 per barrel.


The Sun
2 hours ago
- The Sun
China to keep anti-dumping steel duties on EU, UK, S. Korea and Indonesia
BEIJING: China will maintain duties on certain steel products from the European Union, the United Kingdom, South Korea and Indonesia, its commerce ministry said Monday, as overcapacity concerns drive global trade turbulence. The duties on stainless steel billets and hot-rolled plates, first levied by Beijing in 2019, range from 20.2 percent for Indonesian imports to 43 percent for those from the EU. China's commerce ministry said that an internal investigation found the potential termination of the anti-dumping duties could still cause 'damage' to the domestic stainless steel industry. Authorities will therefore continue to impose duties on products from the three countries and the European bloc 'for a period of five years starting from July 1', the ministry said in a statement. China, the world's largest steel producer, first took the measures in response to tariffs imposed on it by the United States during Donald Trump's first presidential term. The US tariffs were motivated by fears in Washington and among its allies that unfair industrial policies in China had led to a global glut of cheap exports, threatening to undercut local producers. Since returning to office in January, Trump has sent the world economy into a tailspin with a tariff blitz that has hit Chinese exports particularly hard. Trade tensions between the world's top two economies remain high despite China and the United States reaching a temporary truce to the tariff war this month.


The Star
3 hours ago
- The Star
PM Anwar's Italy visit focuses on strengthening bilateral ties
KUALA LUMPUR: A bilateral meeting with Prime Minister Datuk Seri Anwar Ibrahim and his Italian counterpart is among the highlights of his upcoming first trip to the European nation. "Prime Minister Datuk Seri Anwar Ibrahim will undertake a working visit to the Republic of Italy from July 1 to 3, 2025. This visit, at the invitation of Prime Minister Giorgia Meloni, marks the Prime Minister's first visit to Italy. "On July 3, the Prime Minister is scheduled to hold a bilateral meeting with Prime Minister Giorgia Meloni at the Chigi Palace. "The meeting will provide an opportunity for both leaders to take stock of the current state of Malaysia-Italy relations and explore avenues to further strengthen cooperation, particularly in the fields of economy, defence technology, and energy. "The two leaders will also exchange views on regional and international issues of mutual concern, including the Asean-Italy Development Partnership, Asean-European Union Dialogue Relations, and the situation in the Middle East," Wisma Putra said in a statement on Monday (June 30). It added that the Prime Minister will highlight Malaysia's priorities and Asean's efforts in addressing regional and global challenges. "The Prime Minister will also officiate the Malaysia-Italy Economic Partnership Roundtable on July 2, 2025, which will bring together Malaysian and Italian industry leaders to explore trade and investment collaboration. "He is also scheduled to meet leaders of the local Muslim community and engage with members of the Malaysian diaspora in Italy. Malaysia and Italy enjoy longstanding and multifaceted relations, underpinned by strong economic ties, growing trade and investment, and people-to-people exchanges," it said. The entourage to Italy will also include Foreign Minister Datuk Seri Mohamad Hasan, Transport Minister Anthony Loke, Agriculture and Food Security Minister Datuk Seri Mohamad Sabu, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, and Defence Minister Datuk Seri Mohamed Khaled Nordin. Earlier on Monday, the Prime Minister's Office said that the Prime Minister will embark on a week-long tour from July 1 to 7 covering three major economic hubs, namely Italy, France, and Brazil, to bolster economic, trade, and strategic ties.