Carbon Accounting platform notch launches based on qualitative Activity data
May 20 2024 - 7:56AM
Business Wire
Helps businesses achieve Net Zero while
enhancing performance and competitiveness
Today climatech carbon accounting company notch has launched its
next-generation software platform that enables businesses of all
sizes, in all sectors to make Net Zero not only achievable but an
opportunity to be commercially stronger.
Through its distinctive partner model and extensive network of
international collaborators, notch enables businesses to devise
comprehensive carbon reduction strategies that not only meet
tightening carbon regulations but enhance their performance and
create a competitive advantage that makes them more attractive to
clients, prospects, and investors.
notch is born from climate consultancy CBN Expert, which has
over 900 satisfied users ranging from SMEs such as ZE Global, Crisp
Malt, and Brightly Software to large businesses including Drax, and
the National Federation of Builders (NFB), who will now benefit
from the notch platform. CBN Expert will provide independent
consultancy services to notch users.
The notch platform is built on the principles of the Greenhouse
Gas (GHG) Protocol and uses Activity based data to provide
accurate, fully compliant carbon accounting. notch is fully
customisable and scalable to support businesses as they expand
their reporting across their business activities and into their
value chains.
notch now provides businesses with access to a unique, new
embedded carbon planning module, as well as full emissions
reporting across all three Scopes - international and multi-region,
plus automated compliance and stakeholder reporting in a
customisable reporting dashboard - all in a dynamic and easy-to-use
user interface.
Numerous carbon accounting platforms in the market are based on
Spend based conversion - which measures actual business spending
and converts it to GHG emissions using relevant conversion factors,
and integration with customers' ERP systems to facilitate emission
mapping across the three scopes. Spend based method outputs have a
high error potential. notch is based on Activity based data which
measures actual activity (consumption) and converts it to GHG
emissions using relevant conversion factors. This data is more
accurate and qualitative and is acknowledged by the new PACT (The
Partnership for Carbon Transparency) Guidance, as the highest
quality data source.
Adding about the commercial benefits the platform has brought to
their business, Rob Sayles, Managing Director at Scott
Direct, an industrial supplies distributor company, said, “Our
values are people and community-focused, and that includes the
planet. Using the notch platform to do our annual carbon reports,
our packaging initiatives have reduced our packing costs by 80%
which is approximately £50K per year in savings. We have also
reduced our annual carbon emissions by 22.1% from our
benchmark.”
James Napier, Founder and CEO at notch, said, "We're
dedicated to helping businesses thrive financially while embracing
sustainability. Through the platform, businesses benefit from
enhanced data accuracy, active engagement of all stakeholders, and
alignment with the overarching goal of long-term carbon accounting
goals to support robust decision-making processes and sustainable
practices. With notch, carbon accounting regulations are no longer
a hurdle to overcome but a catalyst for businesses to reshape their
operations to not only improve efficiencies but also uncover
avenues for growth and differentiation.”
About notch:
notch is a cutting-edge, climatech carbon accounting platform
empowering businesses to achieve Net Zero. The platform’s unique
carbon planning module combined with emissions measuring, tracking,
and reporting based on quality Activity based data across all three
Scopes enables businesses to develop effective emission reduction
strategies while enhancing performance and creating competitive
advantage. Over 900+ satisfied notch users across SMEs including ZE
Global, Crisp Malt, and Brightly Software to large businesses
including Drax, and the National Federation of Builders (NFB) are
on the journey to Net Zero through the platform.
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version on businesswire.com: https://www.businesswire.com/news/home/20240520180442/en/
Ruzbeh Gazdar notch@teamgingermay.com