New online tool will help companies thrive in a carbon constrained future
A new online tool, designed to help companies around the world optimise their greenhouse gas emission management, will help companies gain a competitive advantage in the emerging carbon economy, according to greenhouse gas management company, Greenergy, who launched the tool today.
According to Greenergy, it is the company’s belief that whether or not there is an international greenhouse treaty, and regardless of the views of governments, the reality of a greenhouse gas constrained future is upon us. The new tool, CO2intra, allows users to access potential obligations and liabilities, design and review flexible mitigation strategies, and evaluate the viability of their carbon management strategies. CO2intra’s features include:
- an emissions assessment tool;
- a register for carbon assets;
- a simulation trading tool designed to enable organisations to prepare for entering the external emissions trading market;
- forecasting and scenario planning for growth or contraction in different business situations;
- benchmarking across sectors;
- online carbon communities for information and asset exchange; and
- voluntary and compliance reporting of greenhouse gas emissions.
“CO2intra is a unique knowledge-management tool unrivalled in the market,” said Andrew Owens, Managing Director of Greenergy International. “Designed to expand and simplify the emerging issue of carbon risk management for those not already involved, and for those who are, it will enable business to participate efficiently and effectively in what is anticipated to be one of the largest new commodity markets in the world – the carbon market.”
CO2intra is designed to enable its users to reduce emissions and generate carbon assets in a way that enables them to anticipate and minimise risk from future greenhouse gas mitigation obligations. “Emissions trading has already started, way in advance of global or national regulations,” said Owens. “Potential winners are already capturing low cost emission reduction opportunities that would otherwise pass them by as the Kyoto debate continues. Those businesses that are beginning their transition now will be the leaders in the new carbon economy.”
Greenergy recently published the results of a survey in which it was revealed that the greenhouse gas emission reporting standards of the top companies are poor (see related story), resulting in companies missing out on releated financial opportunities.