11 weeks. 200 suppliers. 140 marked "data unavailable."
In February 2024, Olumide was completing a Scope 3 assessment for a Lagos FMCG conglomerate. His team spent 11 weeks chasing supplier data across 200 vendors. 140 of them never responded. For those 140, the final report said: "Data unavailable — estimated using industry average."
The company's auditors accepted it. The SEC would not, once the new guidelines took full effect.
Olumide called Amara, who had been building an imputation model for climate data gaps as a side project. "I need that model," he said, "but I need it to explain itself to a CFO."
CarbonLenx was incorporated seven months later.