FourTwoThree Launches with NatWest, NAB, and SC Ventures to Mobilize $50 Trillion in SME Climate Financing

FourTwoThree Launches with NatWest, NAB, and SC Ventures to Mobilize $50 Trillion in SME Climate Financing

(IN BRIEF) FourTwoThree, backed by NatWest Group, NAB, and SC Ventures, launches a bank-integrated data and engagement platform aimed at mobilizing the $50 trillion SME transition financing market. The solution automates secure data sharing and Scope 3 carbon footprint calculations, offers decisioning frameworks for climate strategies, and connects enterprises, financial institutions, and their SME ecosystems. Built with Valtech on AWS, it meets enterprise security and performance requirements. Recognizing that SMEs need half of the $100 trillion investment to decarbonize supply chains by 2050, FourTwoThree also plans to acquire PointSource Technologies to enhance sustainable finance assessments. Leadership emphasizes the platform’s role in making climate action accessible, supporting regulatory compliance, and driving commercial value across global value chains.

(PRESS RELEASE) LONDON, 25-Jun-2025 — /EuropaWire/ — FourTwoThree, a collaborative data and engagement platform supported by NatWest Group, NAB, and SC Ventures, is poised to unlock the estimated $50 trillion opportunity in SME transition financing. By connecting banks, large enterprises, and their small and medium-sized customers and suppliers, the solution automates secure data exchange and assessment workflows, enabling seamless collaboration across value chains.

The platform streamlines Scope 3 carbon footprint measurement using primary data inputs, and offers modular decisioning frameworks to guide actionable climate strategies that deliver tangible commercial benefits. Its design allows enterprises to integrate with existing banking infrastructure while adhering to enterprise-grade risk, security, and performance standards.

Research from the University of Cambridge indicates that half of the $100 trillion needed to decarbonize global supply chains by 2050 must flow through SMEs. FourTwoThree addresses this challenge by empowering financial institutions, insurers, governments, and corporates to support their SME partners in cutting emissions, lowering costs, and building resilience. Given that Scope 3 emissions often account for over 70 percent of an organization’s carbon footprint, fostering trust-based, user-friendly partnerships is critical.

Named for the 423 ppm peak in atmospheric CO₂ when the founding team met, FourTwoThree launches with development led by Valtech on AWS. The ecosystem delivers reliable climate data to large institutions for better risk management, compliance with emerging reporting requirements, and competitive differentiation—while offering SMEs an intuitive digital experience with automated footprint calculations and tailored guidance.

In tandem with its launch, FourTwoThree is set to acquire PointSource Technologies Pte. Ltd.—a start-up born within SC Ventures—to extend its capacity for automated assessment of sustainable finance frameworks, grants, and supply-chain compliance tools. This acquisition and the strategic investments are subject to merger control approval.

“Making climate action accessible is the key to progress,” said Glyn Baker, CEO of FourTwoThree. “As enterprises face mounting regulatory and stakeholder demands, their SME networks must be equipped with better support, financing, and innovation. Our platform turns complex data into clear steps, transforming SMEs into engaged partners in sustainable transition.”

David Grunwald, Director of Innovation and Partnerships at NatWest Group, added, “FourTwoThree exemplifies NWG’s dedication to co-creating robust, needs-driven solutions. By pooling global expertise, we’re empowering businesses of all sizes to take meaningful climate action and drive value across supply chains.”

Harald Eltvedt, Operating Member at SC Ventures, remarked, “PointSource was built to bridge ambition and action. Joining forces with FourTwoThree will enable our technology to scale and meet the urgency of the climate challenge.”

About FourTwoThree

FourTwoThree, backed by NatWest Group, NAB, and SC Ventures is a climate data management and enablement platform on a mission to turn business climate ambition into meaningful action.  The platform is tailored to support businesses of all sizes, including large corporations with mandatory Scope 3 reporting requirements.

FourTwoThree provides an intuitive platform ecosystem for Banks, Insurers, Enterprises and Governments to engage SMEs to assess their carbon footprint, reduce emissions, and track progress toward their emission reduction goals. For more information about FourTwoThree, visit https://www.fourtwothree.io/

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SOURCE: NatWest