Known as the Carbon Management Tool (CMT), the calculator can be found on Change.ie.

It allows companies to calculate the environmental impact of their energy, transport, water and waste, using data relevant to Ireland.

Firms are then given guidance on actions to manage their operations in order to reduce their carbon footprint.

The information gathered on the CMT is confidential and users are able to access their data at a later stage using a personal login and password.

Launching the tool, Environment Minister John Gormley asserted effective carbon management can help businesses cut costs.

“Every organisation can save money through knowing its carbon emissions and taking steps to reduce them through more effective energy supply and usage, improved travel policies and effective water and waste management,” he said.

Mr Gormley suggested all companies and voluntary organisations make use of the tool to cut their environmental impact and save cash.

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