Member Feature

TICCbox,

Tralee, Co. Kerry

Founded in 2019, TICCbox is a solution to manage compliance across business operations, managing sites, assets, environmental and service providers. In today’s highly regulated world, it makes sense to have a system in place to de-risk your business and ensure it remains sustainable into the future.

Caroline Sugrue, a Chartered Director, is founder and managing director of TICCbox. She has over 20 years’ experience working in risk and compliance and is on a number of boards and said:

“When COVID hit in March 2020, it was like a bolt out of the blue. We had got our first few customers and worried how we were going to get through it. We had secured some funding from LEO for further development on the platform, and a lot of 2020 was spent working with our developers in making this happen. COVID gave us the time and space to think about what we wanted from TICCbox and how we could support our customers through the whole of their business cycle.” She added “Sometimes I hear business owners/ managers remark that they are fully compliant and they don’t need a system to manage all the paperwork, the routine checks, the maintenance, etc., that it’s just a box ticking exercise, and that’s all fine till something goes wrong. If it does go wrong, if you can’t prove it, it didn’t happen. “ During COVID, they continued to work hard to generate new business. Microsoft Teams was a life saver. They were able to have remote meetings and webinars and could onboard and train new clients. There’s a great team in TICCbox and thankfully, they have been able to grow the business. COVID gave business owners the opportunity to take meetings that perhaps they would not have had the time to do previously. The energy crisis and climate change has presented new opportunities for TICCbox. Business owners are really feeling the rising costs of energy. TICCbox has recently developed a new feature to measure energy, waste, water, transport and carbon. Nearly every country has committed to Zero Carbon and there will be a strong onus on businesses to reduce their carbon footprint and report this in their end of year financial accounts. Caroline Sugrue, Managing Director of TICCbox

The Security Exchange Commission in the US and the Climate Related Financial Disclosure in the UK require organisations to disclose climate-related financial information and ensure they consider the risks and opportunities they face as a result of climate change. Some of Ireland’s top companies, through the Carbon Disclosure Project Network are already reporting on their carbon emissions. Companies realise the importance of sharing this data with their customers and investors.

Analysing all this data can difficult and very time consuming. TICCbox simplifies this process and provides important data to help make sustainable decisions for the business. They can meter any site, asset or process and determine how much and when it consumes energy and produce a carbon emission figure. This can be done for all Scope 1, 2 and 3 Emissions.

You can contact Caroline on caroline@ticcbox.com or visit ticcbox.com.

Some of the TICCbox team