Climate management and accounting platform (CMAP) provider Persefoni announced today the launch of a new series of tools aimed at helping companies and investors set, manage and report on emissions reduction goals and pursue sustainable investment strategies. The new solutions include the Climate Trajectory Modeling (CTM) and Climate Impact Benchmarking (CIB) modules.
Kentaro Kawamori, CEO, at Persefoni, said:
“If we want all businesses and investors to reduce carbon emissions, we must use technology and data to make the process easier. That’s why we are proud to bring our CTM and CIB tools to market to help business and investment leaders more quickly and easily achieve their decarbonization goals.”
The CTM module allows businesses and investors to more easily set emissions reduction targets in line with the Science-Based Targets Initiative (SBTi), and enables a better understanding of the decisions they need to make to achieve their decarbonization goals. The solution uses Persefoni’s carbon accounting, reporting, and management software, which enables compliance with a range of disclosure frameworks demanded by their regulators, institutional investors, customers, and supply chain partners.
The CIB module enables investors to prioritize investment portfolio allocations by setting emissions intensity and carbon performance benchmarks by country and sector average, based on emissions data from climate research provider and environmental disclosure platform CDP. The solution allows users to select the company or portfolio they want to benchmark and compare carbon performance against 10 other companies or portfolios.
“We are the first carbon management software company to offer valuable benchmarking capabilities that help companies set and track their targets against peers. Most organizations want to reduce carbon emissions but the barrier to entry can be high and complicated. We are solving this by delivering intuitive, user-friendly, solutions so that climate disclosures can be measured and disclosed as accurately as financial disclosures.”