CarbonChain, an AI-powered carbon-accounting platform revolutionising supply-chain emissions visibility, announced the release of CarbonChain Comply. This major update responds to the complex challenges faced by metals and energy businesses amid shifting carbon regulations and growing stakeholder demands. CarbonChain Comply empowers sustainability leaders, compliance managers and procurement directors to navigate diverse disclosure requirements effortlessly. Part of the Spring 2024 Product Release, CarbonChain Comply introduces three key updates: the Carbon Reporting Hub centralises carbon-footprint generation, offering Scope 1-3 corporate carbon footprints aligned with industry standards such as the Greenhouse Gas Protocol, validated by SGS.
CBAM Ccmpliance features cater to importers affected by the EU Carbon Border Adjustment Mechanism (CBAM), providing customs declaration validation and automated XML file generation for seamless compliance. The Supplier Engagement Module facilitates data exchange with suppliers, supporting product lifecycle and Scope 3 emissions calculations essential for CBAM compliance and broader sustainability reporting. CarbonChain’s tailored approach, driven by its robust carbon-accounting platform, ensures precise emissions tracking at the transaction level, setting a new standard for energy and metals supply-chain sustainability.
About the Authors
Associate Director, Investment Banking
Prachurjya has over 16 years of experience in investment banking with Acuity Knowledge Partners. At Acuity, he has led sector and product-specialist pilot teams across Capital Markets, ESG, Debt Advisory, Loan Syndications, Metals & Mining and Real Estate. He has been actively involved in setting up and on-boarding new ESG Advisory, ESG DCM and Sustainable Finance teams for various bulge bracket investment banks. Within DCM and Rating Advisory, he has been instrumental in helping the clients achieve over 30% in annual savings on both regular and adhoc tasks through standardization of the outputs and deployment of our proprietary BEAT tools.
Delivery Manager, Investment Banking
Puja has 7 years of extensive experience in ESG, Climate Change & Sustainability and she is supervising the ESG team at Acuity. She also has diverse experience in conducting ESIA, EHS compliance audits, ESG Risks and Controls, EHS & ESG Due Diligence assessments. Prior to joining Acuity, she was working with companies like KPMG Global Services, EY India and ERM India. She has expertise in provisioning extensive research requirements for clients through preparation of Peer Benchmarking, Target Compilation, Sustainability report, Sustainable Finance Updates and Sectoral ESG Thematic Detailing Engagement.
Connect with the experts at contact@acuitykp.com
