Carbon risk, made visible.
A compact learning dashboard for seeing how emissions move through a portfolio.
Where carbon meets capital.
CarbonSetu is a capstone attempt to make the flow from emissions to financial exposure visible.
Attribute financed emissions using a common logic.
Propose sector-preserving swaps that cut intensity.
Understand why cheap offsets are cheap for a reason.
Decarbonize without deforming.
Change the target, explore the trade-offs, and keep the portfolio’s shape in view.
Current portfolio · illustrative snapshot
A good transition preserves the bet while changing what it is exposed to.
Three moves from the simulation
Welspun Living
Gravita India
Credits worth a closer look.
A teaching surface for quality, additionality, and why the cheapest offset can carry the most uncertainty.
Coastal mangrove restoration
Community-led restoration with a strong permanence story and local co-benefits.
Industrial efficiency bundle
Efficient equipment upgrades with a more complex baseline and verification path.
Avoided forest loss
Lower price, but meaningful questions about additionality, permanence, and leakage.
Credits, context, and caveats.
The record behind this educational simulation, kept visible so the interface never overclaims.
- Student
- Student project
- City
- Surat, Gujarat, India
- Type
- Educational capstone
- Stack
- Client-side simulation
- Entities
- Real listed companies
- Figures
- Synthetic placeholders
A simulation is allowed to be clear about what it does not know.
Every numeric figure attached to a real company is illustrative until replaced via the validated BRSR import pathway documented in Methodology.
Start with the vocabulary.
Four ideas connect Surat’s industrial story to the portfolio decisions in this simulation. Click a card to see why it matters.
Financed emissions
The emissions associated with the companies and assets a financial institution or investor owns or finances.
PCAF
The Partnership for Carbon Accounting Financials provides attribution logic for measuring financed emissions.
CBAM
The EU’s Carbon Border Adjustment Mechanism puts a carbon price context around certain imported goods and is part of the pressure surrounding export industries.
BRSR and CCTS
India’s business responsibility disclosures and domestic carbon market direction make emissions data increasingly material to decision-making.
Transparent by design.
The frameworks used here are educational lenses, not a claim that synthetic data is investment-grade.
PCAF attribution logic
The simulation uses the idea that a portfolio can attribute a share of a company’s emissions to its ownership or financing relationship.
CBAM-era exposure
Surat’s export economy makes the carbon clause tangible: market access, energy intensity, and transition readiness begin to overlap.
BRSR import path
The named entities are real, but the figures in this learning lab remain synthetic until published disclosures are imported and validated.
Credits come last.
The learning path prioritizes reducing portfolio intensity first, then uses a fictional marketplace to teach how to question residual offsets.
About CarbonSetu.
Built where the looms meet the border tax.
Carbon risk does not stop at the factory gate.
Surat weaves a very large share of India’s man-made fabric. Its dyeing and printing units, embroidery clusters, and diamond ateliers live on exports. The city’s prosperity is, in a precise sense, a bet on access to foreign buyers. That access is acquiring a carbon clause.
The EU’s CBAM already prices the embedded carbon of imported steel, cement, and aluminium, while textiles sit on the discussed expansion list. India’s own CCTS is building a domestic compliance market, and SEBI’s BRSR mandate is making emissions data increasingly measurable. Connect those facts and a student question follows: if carbon is becoming a cost, where does that cost land?
Partly on companies. But companies are owned — by mutual funds, by retail portfolios, and by families in Surat who hold cement, steel, and textile stocks precisely because those are the industries they know. CarbonSetu makes that flow visible through portfolio attribution, sector-preserving swaps, and a deliberately fictional credit marketplace.