TraceSafe Inc. (CSE:TSF) has announced the launch of ShiftCarbon, a highly modular platform built to support organizations on their journey toward carbon neutrality and net-zero.
"Organizations are being driven to decarbonize by all major stakeholders, yet they aren't able to reliably measure their emissions or access efficient decarbonization opportunities,” TraceSafe CEO Wayne Lloyd said in a statement.
“With ShiftCarbon, our vision was to offer solutions that would help customers address their immediate needs, irrespective of where they stand in their net-zero journey," he added.
READ: TraceSafe Technologies rolls out novel carbon emissions calculator as globe races to 'net zero'
ShiftCarbon is TraceSafe’s biggest launch since its award-winning platform for enterprise safety, AllSafe. The carbon management platform will enable:
- Transparent and credible offset purchase from verified projects across the world;
- Mitigation plan powered by asset level data and insights using sensors and IoT;
- Reporting frameworks for compliance and stakeholder engagement; and
- Measurement of Scope 1,2 and 3 carbon emissions across the supply chain.
"Organizational climate goals cannot be met overnight, but with smart innovations, we are optimistic that they can be accelerated. Leaders who embrace our solution now will be able to drive sustainable growth for their organizations, and a sustainable future for the planet," CEO Lloyd said.
TraceSafe announced a strategic focus on the new business vertical early this year, and since then has made definitive moves toward the renewed vision. The company expanded the scope and power of Internet of Things (IoT) into the world of carbon data capture with the launch of ThermoSense - a sensor-based approach to sustainable supply chain, followed by the acquisition of Offsety - a carbon offset market place for managed decarbonization, and most recently, the launch of its events emissions calculator to help global sporting events reach net-zero faster.
The company's focus is driven by a global call for urgent climate action led by investors, governments and customers, coupled with the business needs of its Fortune 500 customers across North America and Asia Pacific.
Contact the author at jon.hopkins@proactiveinvestors.com