2025-11-17T12:07:07+00:00 2024-12-31 135381590 BDO USA 8401 GREENSBORO DR STE 800 MCLEAN VA 221023599 990 2024-01-01 932684544 CLIMATE ARC INC CLIM 9042249917 8 THE GREEN SUITE B DOVER DE 19901 Richard Craig HEAD OF BUSINESS OPS 2025-11-17 true TODD TERESCO P00247720 7038930600 2025-11-17 2024 2025-03-06 01:10:19Z Richard Craig 8 THE GREEN SUITE B DOVER DE 19901 44432743 false X HTTPS://CLIMATEARC.ORG/ X 2023 DE CLIMATE ARC INC. SEEKS TO PROVIDE SOLUTIONS TO THE PROBLEM OF CLIMATE CHANGE BY DEVELOPING THE FRAMEWORKS, METHODOLOGIES, AND STANDARDS THAT GUIDE FINANCIAL DECISION-MAKING, CURATING GLOBAL FLOWS OF DATA AND INSIGHTS, AND BUILDING NETWORKS OF PEOPLE WORLDWIDE TO INTEGRATE CLIMATE SCIENCE INTO FINANCE. 4 3 1 2 0 2606235 44217959 0 0 3567 209378 0 5406 2609802 44432743 0 14495141 0 0 0 4496537 0 515677 8248 3994011 8248 22985689 2601554 21447054 2601589 30450458 35 6401850 2601554 24048608 CLIMATE ARC INC. SEEKS TO PROVIDE SOLUTIONS TO THE PROBLEM OF CLIMATE CHANGE BY (1) DEVELOPING THE FRAMEWORKS, METHODOLOGIES, AND STANDARDS THAT GUIDE THE DIRECTION AND PACE OF FINANCIAL DECISIONS, (2) OPENING UP AND CURATING GLOBAL FLOWS OF DATA, INFORMATION, AND INSIGHTS, AND (3) UPSKILLING AND CREATING NETWORKS OF PEOPLE WORLDWIDE TO INTEGRATE CLIMATE SCIENCE INTO FINANCIAL DECISIONS. false false 15525701 14495141 0 Partnerships and Impact - Covers the Grant making Program, which funds projects developing climate-finance tools, datasets, and methodologies (e.g., PACTA 2.0, Lobby Map, Resilient Planet Data Hub), and the Climate Finance Hub Brazil, a localized coalition focused on upskilling the Brazilian financial community and producing in-depth corporate climate-transition analysis. 2507093 0 0 Research and Programs - Includes TransitionArc, a proprietary platform that aggregates climate-transition data and analysis to support financial institutions in assessing corporate climate performance, freely accessible to registered users. 766505 0 0 Communications and Engagement - Focuses on collaboration with financial institutions, nonprofits, and climate experts to promote common standards, share insights, and drive systemic change through communication campaigns and sector convenings. 18799299 true true false false false false false false false false true false false false false false true false false true true true false false false false false true false true false false false false false false false false false false false false false false true false false false false false true X 0 0 1 true false true UK false false false false false false false false false false X 4 3 false false false false false false false true true false false false false true true true true false true true false false X ELAINE MILLER CO BDO USA 7038930600 8 THE GREEN B DOVER DE 19901 MERYAM OMI CHIEF EXECUTIVE OFFICER 35.0 X X 393762 0 80896 BILL BIEN DIRECTOR 1.0 X 2422 0 0 DARLENE CURRIE DIRECTOR 1.0 X 9807 0 0 EMMA HOWARD-BOYD CHAIR 1.0 X 33458 0 0 BEATE VAN LOO- BORN FORMER CCO 35.0 X 331358 0 3883 FELIX Preston Director of Research & Program 35.0 X 241005 0 50073 JOEL Paque Head of Fundraising 35.0 X 199304 0 26400 KAYE Bettney Director of People & Culture 35.0 X 139834 0 28943 Lukasz Mastalerz Head of Technology 35.0 X 124455 0 0 Marta Guglielmetti Former Director of Partnerships 35.0 X 169394 0 4847 1644799 0 195042 13 false true false Applied Works The Old Map Room Makerversity Some London UK WC2R1LA Design & Communications Consultants 1006974 Sigma Labs 20-22 Wenlock Road London UK N17GU Technology Consultant 252248 Jen Johnston Executive Coaching Harwood House London UK SW64QP Executive Coaching 150482 BDO USA PO Box 642743 Pittsburgh PA 15264 Accounting Services 136264 Corporate Knights Inc 147 Spadina Avenue Suite 207 Toronto CA M5V2L7 Sustainable Economy Intelligence Database 121400 5 44217959 44217959 0 0 0 0 0 209378 209378 0 0 0 0 MISCELLANEOUS INCOME 900099 5406 5406 0 0 0 0 5406 44432743 0 0 214784 418205 418205 14076936 14076936 809899 617717 192182 2842701 1733956 785250 323495 238627 112904 125723 195545 104999 90546 409765 196233 213532 235568 235568 220161 220161 1729656 1310850 418806 0 4441 4441 6612 251 6361 627683 523690 103993 125188 125188 260381 157894 102487 61006 61006 52005 52005 26222 1079 25143 TRAINING AND DEVELOPMENT 175022 541 174481 PAYROLL PROCESSING FEE 132094 132094 FOREIGN EXCHANGE LOSS 123208 123208 EVENT COST 93379 76469 16910 121385 19845 101540 0 22985689 18799299 3670713 515677 1517656 20987744 0 7710300 0 0 0 0 12884 94822 460708 52005 0 408703 0 0 1071049 1248889 2601589 30450458 35 934555 0 5467295 0 0 0 0 35 6401850 X 2601554 24048608 2601554 24048608 2601589 30450458 21447054 0 X false true true false X 0 0 0 2606235 44217959 46824194 0 0 0 0 0 2606235 44217959 46824194 23136602 23687592 3567 209378 212945 0 0 0 0 0 5406 5406 47042545 0 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 5406.0, COLUMN F - 5406.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51926 13307 38619 408782 38698 370084 408703 44432743 0 0 44432743 0 0 44432743 22985689 0 0 22985689 0 0 22985689 true East Asia and the Pacific 0 0 Grantmaking 25966 Europe (Including Iceland and Greenland) 1 43 Fundraising,Grantmaking 13488332 South America 0 1 Grantmaking 1078315 1 44 0 0 1 44 14592613 0 14592613 East Asia and the Pacific develop & show application of a framework for how companies can assess their scope 3 decarbonisation potential 25966 ACH Europe (Including Iceland and Greenland) support the continuity and expansion of Carbon Tracker's following programs 2000000 ACH Europe (Including Iceland and Greenland) for research regarding various public interventions interactions with private sector initiatives to align private financial flows with climate goals. 80667 ACH Europe (Including Iceland and Greenland) pilot project to test the automation of the manual TPI framework assessment process 388435 ACH Europe (Including Iceland and Greenland) support the mobilisation of finance and investment for adaptation and resilience in emerging and developing economies. 31788 ACH Europe (Including Iceland and Greenland) deepen the partnership between Arc and InfluenceMap with more data sharing and new areas of work to improve linkages between policies and corporate stance 1611404 ACH Europe (Including Iceland and Greenland) building a methodological foundation for FI assessment. 170183 ACH South America to address the urgent shortage of local analysts proficient in collecting crucial data and conducting both company specific and sectoral climate transition analyses 1078315 ACH Europe (Including Iceland and Greenland) support the creation of the Transition Pathway Initiative (the "TPI") Global Climate Transition Centre (the "GCTC") 2549191 ACH Europe (Including Iceland and Greenland) test AI-related tools to speed up and expand the scope of the corporate analysis 363473 ACH Europe (Including Iceland and Greenland) Renewal of Arc funding to WBA 4657237 ACH Europe (Including Iceland and Greenland) supporting research and benchmarking activities in the financial sector. 488509 ACH Europe (Including Iceland and Greenland) Completion of SBTi's Financial Institutions Net Zero (FINZ) Standard. 631768 ACH 13 0 false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds The organization monitors the use of its grants outside of the US via financial reporting. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; SOUTH AMERICA-Accrual true Climate Policy Init Inc 575 Market St 4th Fl San Fran CA 94105 264129153 501(C)(3) 248205 SEE PART IV The Trustees of Columbia University 615 W 131st St New York NY 10027 135598093 501(C)(3) 170000 SEE PART IV 2 0 Schedule I, Part II, Line 1 This grant is intended to be used for the following charitable purpose: pilot project aimed at closing the knowledge methodology and technical gap related to private & public financing flows, and refine estimates for financing need for climate solutions. Schedule I, Part II, Line 1 Identify a credible and practical set of metrics by which to assess Financial Institutions and carry out engagementwork with analysis providers with aim of achieving buy-in Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds The organization monitors the use of its grants in the US via financial reporting. false false false false false false false false false MERYAM OMI CHIEF EXECUTIVE OFFICER 393762 0 0 0 0 0 28163 0 52733 0 474658 0 0 0 BEATE VAN LOO- BORN FORMER CCO 331358 0 0 0 0 0 2835 0 1048 0 335241 0 0 0 Marta Guglielmetti Former Director of Partnerships 169394 0 0 0 0 0 4062 0 785 0 174241 0 0 0 FELIX Preston Director of Research & Program 241005 0 0 0 0 0 18421 0 31652 0 291078 0 0 0 KAYE Bettney Director of People & Culture 139834 0 0 0 0 0 11252 0 17691 0 168777 0 0 0 JOEL Paque Head of Fundraising 199304 0 0 0 0 0 0 0 26400 0 225704 0 0 0 Form 990, Part I, Line 5 Employer of Record Disclosure Climate Arc Inc. does not directly employ staff. Personnel who perform services for the organisation are employed through a third-party Employer of Record (EOR) that manages payroll, benefits, and statutory employment obligations in relevant jurisdictions. The organisation reimburses the EOR for all related salary, benefits, and employment-cost expenses, which are reported as compensation expense in Part IX. Accordingly, "0" is shown on line 5 for employees of the organisation. Form 990, Part I, Line 16a No Professional Fundraisers During the tax year, Climate Arc Inc. did not engage any professional fundraisers or conduct fundraising activities through outside professional fundraising firms. Professional services reported in Part IX line 11e represent internal fundraising support and related professional services, not the use of a professional fundraiser as defined for Schedule G purposes. Form 990, Part IV, Line 12a Independent Audit Climate Arc Inc. engaged an independent accounting firm to conduct an audit of its financial statements for the fiscal year. The audit was completed and issued separately, and the Audit Committee reviewed and accepted the report. The organisation has completed Schedule D, Parts XI and XII to reconcile the audited financial statements to the Form 990. Form 990, Part VI, Line 15 The Board reviews and approves the compensation of Climate Arc Inc.'s CEO and key employees each year. Independent board members base their review on benchmarking data and supporting analysis provided to them to help ensure salaries are reasonable and aligned with market levels. The process and decisions are documented in the Remuneration Committee meeting minutes. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 was prepared by outside accountants and reviewed by the corporation's Head of Finance and the Executive Director & Head of Business Operations. Form 990, Part VI, Line 12c Conflict of interest policy THE CORPORATE SECRETARY OF ARC ANNUALLY CIRCULATES A DISCLOSURE FORM FOR DIRECTORS, OFFICERS, AND STAFF TO LIST ORGANIZATIONS IN WHICH THE DIRECTOR, OFFICER OR STAFF MEMBER OR A FAMILY MEMBER PLAYS A FIDUCIARY OR LEADING ROLE. IN ADDITION, DIRECTORS, OFFICERS, AND STAFF MUST LIST THOSE ORGANIZATIONS IN WHICH THEY OR AN IMMEDIATE FAMILY MEMBER HOLDS A SIGNIFICANT FINANCIAL INTEREST AND WITH WHICH ARC HAS A BUSINESS RELATIONSHIP. ON THE SAME FORM, DIRECTORS, OFFICERS, AND STAFF MUST ACKNOWLEDGE THAT THEY UNDERSTAND AND ADHERE TO THE ARC'S CONFLICT OF INTEREST POLICY AND PROCEDURE. DIRECTORS, OFFICERS, AND STAFF MUST INFORM THE SECRETARY OF ARC OF ANY CHANGES OR NEW RELATIONSHIPS. Form 990, Part VI, Line 19 Required documents available to the public The corporation makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Climate Arc UK Unit 5 111 Finsbury Pavement London UK EC2A1RS Supports the Mission of Climate Arc Inc UK 0 0 climate arc