GridPoint, a cleantech company, and TimberRock, a software and energy solutions provider, have reportedly collaborated to offer a new, cutting-edge technology integration.

Apparently, this partnership will simplify carbon accounting, reduction, and management platforms for commercial businesses that look forward to complying with climate emissions disclosure guidelines by driving emission reductions.

Many corporations are unveiling sustainability initiatives, adopting ESG (environmental, social, and governance standards), and working towards achieving net zero emissions. 

The GridPoint-TimberRock partnership will further address the rising demand for standardized as well as precise data and reporting on carbon reduction metrics.

Governing bodies, comprising SEC (Securities and Exchange Commission) are also planning to consider requirements to divulge direct greenhouse gas emissions (Scope 1), indirect emissions (Scope 2) and emissions that generate from assets not controlled or owned by the reporting organization (Scope 3).

Commenting on the latest development, Mark Danzenbaker, GridPoint’s CEO, claimed that TimberRock’s insights, when coupled with GridPoint’s platform, will significantly augment the data available for businesses as they shift to become free from carbon emissions.

Mark further stated that this integration would offer businesses visibility into the carbon footprint while offering to assist in adjusting emissions in real-time and reporting capabilities to comply with the forthcoming environmental impact regulations.

Brent Hollenbeck, Founder, and CEO of TimberRock mentioned that several organizations are committing to achieving zero emissions; however, they lack data and tools to keep track of CO2e emissions.

Brent added that the team is delighted to collaborate with GridPoint’s platform as it will help address both challenges and offer the desired tools required to achieve their goals.

Meanwhile, TimberRock’s E-IQ platform offers auditable and accurate greenhouse gas and carbon reduction metrics, which include Scope 1,2 & 3 emissions, equipped for third-party validation to support customer sustainability reporting.

For the record, the data on carbon reduction metrics offers a broad range of applications. These include reporting on ESG compliance, tracking the progress of sustainability initiatives, and anticipating future regulations as ruling bodies are constantly considering added requirements for emissions reporting.

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