Lythouse Partners with Climatiq to Enhance Scope 3 Visibility and Drive Sustainability
July 15 2024 - 11:00AM
Business Wire
Lythouse, the ESG Data Management Platform by Zycus, announces a
strategic partnership with Climatiq, a leader in carbon
intelligence solutions. This collaboration simplifies Scope 3
emissions, advancing business sustainability efforts.
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Lythouse Partners with Climatiq to
Enhance Scope 3 Visibility and Drive Sustainability. (Graphic:
Business Wire)
Lythouse, known for its comprehensive ESG data management
solutions, —including seamless data collection, analysis, and
reporting—now offers an advantage through Climatiq. This
integration brings a meticulously vetted database of emission
factors, covering key industries globally like energy and
transportation.
Streamlined Measurement, Reporting, and Action
With Climatiq's database, Lythouse enables businesses to:
- Measure Emissions: Gain precise insights across all 15
Scope 3 emission categories.
- Simplify Reporting: Meet evolving regulatory
requirements.
- Drive Sustainable Action: Make data-driven procurement
decisions.
Advanced Insights for Informed Decision-Making
The Lythouse-Climatiq integration provides deeper insights
into:
- Life Cycle Assessment (LCA): Understand the
environmental impact of products throughout their entire lifecycle
with industry leading databases like ecoinvent.
- Carbon Border Adjustment Mechanism (CBAM): Navigate
carbon pricing mechanisms with ease.
A Unified Vision for a Sustainable Future
Manish Kumar, Assistant Vice President of Product Management at
Lythouse, emphasizes the partnership's significance: "Our
collaboration with Climatiq marks a pivotal moment in enhancing the
Lythouse platform's capabilities in ESG reporting and Scope 3
calculations. With Climatiq's integration, offering over 70,000
emissions factors meticulously linked to our system, we now boast
an unparalleled global span in crucial industries like energy and
transportation, alongside precise Scope 3 emissions insights for
purchased goods and services. This partnership fundamentally
transforms our clients' ability to effortlessly calculate and
report their emissions, significantly propelling them towards
achieving their environmental objectives more swiftly."
Hessam Lavi, Co-founder and CEO at Climatiq, shares this
enthusiasm: "Partnering with Lythouse allows us to bring our robust
database to a wider audience, enabling organizations to easily
understand their carbon impact and advance their sustainability
initiatives more rapidly through informed purchasing
decisions."
About Lythouse
Lythouse, an ESG platform by Zycus, streamlines data management
for enterprises. Known for data collection, analysis, and
reporting, Lythouse helps businesses gain insights into ESG
performance, meet regulations, make informed decisions, and advance
environmental goals.
About Climatiq
Climatiq provides carbon intelligence solutions to help
organizations understand and reduce their carbon footprint. With a
vetted database of emission factors, Climatiq enables precise
insights into environmental impact and informed sustainability
decisions. Their mission is to drive global sustainability by
making carbon data accessible and actionable.
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arun.natarajan@zycus.com