C3 Unveils Innovative System to Decarbonize Supply Chains

C3 ensures that efforts to achieve carbon neutrality are both strategic and impactful.

Singapore – June 8, 2024 —

Carbon3 (C3) is announcing the launch of its groundbreaking solution designed to empower companies and organizations to collaboratively decarbonize their supply chains. As businesses strive to meet increasingly stringent environmental standards, the C3 system offers a comprehensive solution to profitably manage and reduce scope 1-to-3 emissions.

The foundation of C3’s technology is a market-based mechanism that maximises cost and benefit sharing while also streamlining the collection of emissions data. By using this novel strategy, investments may be made with less risk and the pursuit of carbon neutrality can be made with greater speed and impact.

The majority of a company’s overall greenhouse gas emissions come from scope 3 emissions, which comprise all indirect emissions that happen across its value chain. Since scope 3 emissions frequently make up the bulk of a company’s carbon footprint, addressing them profitably and effectively is essential to nearing carbon neutrality.

The representative of C3 shared: “Reducing scope 3 emissions is not just an environmental imperative, but a significant business opportunity. The system is designed to capture this value, by providing companies with the necessary tools to navigate the complexities of decarbonization and achieve meaningful results. Moreover, we see an opportunity to globalize the price on carbon, and are engaging with key industry players on this matter.”

The C3 system enables a fair and transparent sharing of costs and benefits among all stakeholders, encouraging widespread participation and commitment. By leveraging capital markets, it provides companies with the security and confidence to start making the necessary investments.

Enabling companies to commit to ambitious long-term sustainability goals, and enhancing cooperation across the supply chain, C3 ensures all parties are aligned and profitably working towards a common goal of carbon neutrality.

For more information visit: https://www.carbon3.net

You can follow C3 on LinkedIn

About Carbon3 (C3)

Carbon3 (C3) helps industries to accelerate and captilize on their green investments and sustainability targets. 

Contact Info:
Name: Carbon3 (C3)
Email: Send Email
Organization: Carbon3 (C3)
Website: https://www.carbon3.net/

Release ID: 89132074

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