Accelerate Climate Action and Close Data Gaps with the Climate Solutions Platform

In today’s world, the urgency to address climate change has never been greater. As the world races toward breaching the 1.5C threshold and traditional carbon offsets fail to deliver the promised reductions, the need for credible, transparent, and science-backed solutions that deliver on their promises is critical. This is why Climate Solutions Platform was built. This platform empowers organizations to accurately and comprehensively measure their corporate emissions, facilitate informed decision-making, effectively manage their carbon impact, and take credible climate action.

Fighting Climate Change Requires Data

As businesses recognize their responsibility to mitigate environmental impact, understanding and managing emissions have become paramount. Data is being generated at a rate of 2.5 quintillion bytes per day, but despite all of this data, there remains a significant lack of cohesive carbon and climate-based data. Navigating the realm of climate data presents significant obstacles. Often, organizations struggle to locate, interpret, and integrate their carbon emissions data effectively. This means businesses face two critical challenges: accessing and utilizing relevant climate data to inform their decision-making processes and confidently using this data to publicly disclose their carbon impact. As climate change accelerates and introduces unprecedented extremes, business leaders must confront these challenges head-on. They must prioritize the acquisition and utilization of accurate climate data to adapt to the evolving landscape and mitigate risks effectively. Only by addressing the data challenges inherent in combating climate change can businesses hope to navigate this uncertain terrain successfully and take the climate action that matters to key stakeholders.

Solving the Data Challenge

The Climate Solutions Platform offers the answer to this data challenge. It closes the climate data gap by providing companies with accessible and comprehensive carbon information to understand their risks and increase resilience through its robust toolset that can quantify and analyze any organization’s carbon footprint. 

Key features of the Climate Solutions Platform include:

• Scope 1, 2, and 3 Coverage: Users can track direct emissions from owned or controlled sources (Scope 1), indirect emissions from purchased electricity, heat, or steam (Scope 2), and selected categories of indirect emissions from the value chain (Scope 3).
• Precise Emissions Measurement: The platform employs advanced algorithms to accurately measure emissions across all scopes, providing a detailed overview of an organization’s carbon footprint and streamlining the data management process.
• Reporting: The platform generates downloadable reports, allowing businesses to assess their emissions performance, set reduction targets, monitor progress over time, and reliably disclose carbon data for audits.
• Actionable Insights: Through data visualization and analytics reports, the Climate Solutions Platform offers actionable insights to identify emission hotspots and optimize resource usage.
• Direct Climate Action Within the Platform: After receiving emissions data, users can reduce some or all of the carbon within the software via Climate Vault’s quantifiable, verifiable, and transparent method that leverages regulated compliance carbon markets. 

Our Climate Solutions Platform provides organizations with the tools to measure, manage, and reduce their carbon footprint. It also enables them to estimate the impact of future operational decisions on emissions and to then take direct credible climate action within the software to support their emissions reduction targets. It is only through comprehensive insights into carbon data that we can drive meaningful action towards a more sustainable future.

Jon Cohen, CEO of Climate Vault Solutions

At the heart of any organization’s climate journey is its capacity to quantify and manage an accurate greenhouse gas inventory, set goals, and develop actionable plans. Measuring and managing operational emissions is a critical step towards achieving carbon neutrality and aligning with global climate goals. In fact, according to our recent Climate Action Report, organizations that proactively manage their environmental impact not only contribute to mitigating climate change but also gain a competitive edge by enhancing brand reputation and reducing operational costs. 

Watch the Recording of our Virtual Software Launch Event

Climate Vault hosted a virtual launch event in March 2024 to showcase the Climate Solutions Platform and highlight the most impactful areas of the software. Joining the event was thought leader Mike Mattera, Director of Corporate Sustainability and ESG Officer, from Akamai Technologies who shared actionable insights into how businesses can make sustainability goals a reality with the right data. Akamai Technologies recently became one of the newest supporters of the Climate Vault organization by partnering to reduce its Scope 1 emissions for the year. You can watch the launch event on-demand here.