Carbon Direct, a company built to help enterprises drive climate action, announced the Carbon Direct Platform, designed to provide organizations of any size with the information, strategies, and resources they need to set and equitably deliver on their climate commitments. The Carbon Direct Platform provides auditable carbon footprints, actionable strategies for emission reductions, and high-quality carbon removal portfolios that help companies make climate impact.
Small and medium enterprises (SMEs) are increasingly focused on climate action. According to research from SME Climate Hub, 80% of SMEs surveyed consider reducing their emissions a “high priority.” However, SMEs frequently lack the resources—both financial and expertise—to take action. A 2022 study by the European Commission found that just 24% of companies surveyed have a strategy in place to reduce their carbon footprint, and only 19% were planning to implement such a strategy in the future.
“Organizations overwhelmingly believe that climate action is critically important, but most of them don't know how to develop or get from a 30-year goal to a near-term action plan, let alone comply with new regulations or manage reputation risk,” said Jon Goldberg, Chief Executive Officer and Founder of Carbon Direct.
“With the introduction of the Carbon Direct Platform, for the first time you can leverage the knowledge of the world’s foremost experts on climate science, data, and policy to accelerate your climate goals. We’ve created a centralized software tool for any organization to set and deliver on climate commitments, purchase high-quality credits, and manage risk,” added Danan Margason, Chief Product Officer and General Manager of Platform at Carbon Direct.
The Carbon Direct Platform was designed to provide end-to-end carbon management across every stage of an organization’s climate journey. Organizations can measure their emissions to build auditable carbon footprints, readily identify emissions reductions opportunities, and access high-quality carbon removal credits portfolios. The SaaS-based carbon management technology makes it simple to set and track progress toward goals, as well as provide reports to business stakeholders, partners, and regulatory agencies for compliance and brand reputation management. The Carbon Direct Platform is comprised of three core modules:
• Measure: The Carbon Direct Platform, supported by the expertise of our scientists and carbon accounting specialists, aggregates and analyzes your organization’s data to build an auditable carbon emissions footprint. That footprint is then visualized and tracked via Platform dashboards that help you set priorities and streamline reporting.
• Reduce: Based on an organization’s unique emissions profile, Carbon Direct scientists and carbon accounting specialists identify and prioritize areas to reduce your direct and indirect emissions. Organizations can track and report on reductions progress and impact via Platform dashboards.
• Remove: The Carbon Direct Platform provides exclusive access to Carbon Direct Portfolio 1, a curated portfolio composed of high-quality carbon removal credits. Carbon Direct Portfolio 1 can also be natively integrated into third-party platforms via our APIs. Manage your credit inventory and transactions at scale across one-time purchases or subscription programs—all with traceable credit retirement verification.