FourTwoThree will leverage PointSource’s powerful data backbone to support small and medium businesses in their climate transition.
Singapore, June 24, 2025 – PointSource, a platform that makes climate data usable, is now positioned to scale its impact far beyond what a single venture could achieve alone. PointSource will join forces with FourTwoThree, a smart action platform that will seamlessly connect enterprise organisations and their small and medium sized business (SME) value chain networks, enabling them to take meaningful climate action. PointSource’s merger is conditional on merger control approval.
PointSource was incubated by SC Ventures by Standard Chartered, which builds and invests in breakthrough ventures in and beyond banking.
FourTwoThree will leverage PointSource’s interoperability engine that maps across data sources, ESG frameworks and monitoring tools — making it possible to turn climate disclosure into climate outcomes. With a growing set of standards, frameworks, data providers and credit issuers, many institutions struggle to turn their net-zero ambitions into credible, trackable action. PointSource adds a powerful data backbone to FourTwoThree’s platform and opens new opportunities to serve financial institutions and corporates looking to navigate the complexities of transition finance with confidence.
“When we started PointSource, our goal was to build something pragmatic and useful — something that helps bridge the gap between climate ambition and climate action,” said Harald Eltvedt, operating member at SC Ventures. “I’m proud of what the team has built, and even prouder to see it find a new home with FourTwoThree. This is exactly what we aim to do at SC Ventures: back bold ideas, build real solutions, and scale them with the right partners. With FourTwoThree, we believe PointSource can now reach the scale and relevance the climate challenge demands.”
FourTwoThree is backed by NatWest Group, National Australia Bank (NAB) and SC Ventures. The platform will allow SMEs to evaluate their carbon emissions, understand the actions needed to reduce their footprint and access relevant financing to support their actions. FourTwoThree was launched on June 24 at London Climate Action Week.
The launch comes as Cambridge University reports that $50 trillion of investment is required to support the decarbonisation of SMEs — a stark reminder of the vast funding gap which exists, and the urgent need to make climate action more accessible and commercially viable.
— ENDS —
For further information:
Chi-an Chang, PR & Communications Lead
SC Ventures
SC Ventures builds and invests in breakthrough ventures in and beyond banking. SC Ventures by Standard Chartered provides a platform for organisations to collaborate and co-create fintech ecosystems to reimagine the future of finance.
For more information, please visit www.scventures.io and follow SC Ventures on LinkedIn.
Standard Chartered
We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.
For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.
