Schneider Electric and Australian carbon accounting platform, Avarni, have announced a partnership to track emissions and accelerate decarbonization across the value chain of an enterprise.
These are typically referred as Scope 3 emissions, and according to CDP, may be up to 11 times greater than a company’s direct footprint.
“The quantification and reduction of emissions beyond Scope 1 and 2 has been difficult for many organizations due to the complexities of extracting data and insights from the value chain,” Schneider said in a statement. “The reliance on technologies that accurately track and assess Scope 3 data has now become critical to organizations to reach decarbonization targets.”
The collaboration will combine Schneider’s AI-enabled software and sustainability consulting services with Avarni’s global supply chain data set and AI-driven analytics.
The aim is to help companies accelerate their Scope 3 decarbonization efforts for clients.
“We are pleased to collaborate with Avarni on pragmatic digital solutions that will accelerate the Scope 3 decarbonization pathway: from data aggregation, to commitment, to action,” said Steve Wilhite, President for Schneider Electric’s Sustainability Business.
Source: Press Release
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