Published by Todd Bush on January 24, 2024
DUBLIN and LONDON, Jan. 24, 2024 /PRNewswire/ -- Martello launches its unique Carbon Stream Map (CSM) to enable measurement of carbon emissions within organisations and their supply chains and appoints David Sleep as Commercial Director to expand its senior leadership team and support its growth across the UK and EU.
Martello Carbon Stream Map is a highly visual approach to measuring supply chain scope 1, 2 and 3 emissions.
>> In Other News: Hyliion Begins Printing Production-Intent Design Components of the KARNO™ Generator
Jonny Mulligan, Managing Director, commented, "The EU Green Deal and mandatory carbon reporting via the Corporate Sustainability Reporting Directive (CSRD) is an increasing challenge for organisations. The Carbon Stream Map is an agile, scalable solution that measures scope 1,2 and 3 carbon emissions and enables companies to meet mandatory carbon reporting standards. This data's accurate measurement and reporting is critical for companies hoping to maintain investor trust, raise capital and protect their future valuation".
Over 55,000 new companies have been impacted by EU green deal legislation, with millions more to follow. The tightening of anti-greenwashing legislation, regulatory fines, carbon taxation and being barred from the EU market are driving action and compliance.
Vincent Leese, Operations Director, said, "The Carbon Stream Map can capture the carbon footprint in an individual organisation and within its supply chain. By analysing and visualising the entire process from raw materials to finished goods, organisations can identify their carbon footprint, carbon liabilities and areas for improvement. Mapping the carbon stream creates a blueprint to decarbonise your organisation and supply chain. It prioritises where efforts will yield overall improvement".
After two years of development, Martello is ready with their Carbon Stream Map to support companies outside the EU that must follow mandatory carbon and supply chain reporting to trade in the European market.
David Sleep, Commercial Director, continued, "With up to 60% of carbon sitting upstream with multinational companies, the Carbon Stream Map is a highly effective approach for companies to go downstream to identify, understand and reduce their operational risks and carbon liabilities to meet compliance".
Martello is well-placed to capitalise on the growth of the carbon compliance ESG market. The ESG services segment is projected to reach £124.5 bn (CARG 32.3%) by 2025, while the ESG software segment alone is valued at £3.44 bn (30% CARG) by 2027.
The business now operates across the UK and Europe.
For more information, visit Martello.global
SOURCE Martello
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside this Issue 💡 Bill Gates-backed Startup Says a Global Gold Rush for Buried Hydrogen is Picking Up Momentum 🌍 Largest Hydrogen Highway to Link America and Europe: 10 Million Metric Tons and a...
Inside this Issue 🌿 Gevo to Acquire Red Trail Energy Assets in North Dakota, Including Operating Low-carbon Ethanol Production and Carbon Sequestration Facilities, Expanding Platform for Sustainab...
Inside this Issue 💡 1PointFive's South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding 🔗 H2 Clipper's Patented 'Hydrogen Ledger' Uses Blockchain Technology to Track Purity a...
Hyundai Motor Company and Škoda Group sign a Memorandum of Understanding (MOU) during the Korea-Czech Business Summit in Prague Both parties to cooperate in establishing a hydrogen economy and...
UNDO Lands Groundbreaking Carbon Removals Financing Deal in 'Global First'
UK carbon removal start-up UNDO has secured an innovative debt financing deal, supported by significant corporates like British Airways and Standard Chartered, to accelerate the expansion of its en...
Say Goodbye to EVs – This Water-Hydrogen Engine Will Change Everything in Automotion
Honda launches a model identical to the Dodge Challenger – here’s when you can buy it Neither Toyota nor Hyundai – JD Power confirms the list of most reliable cars on the US market. Chevy an...
New Technology Transforms Captured Carbon Into Clean Energy Source
Researchers from Tokyo Metropolitan University have developed an innovative electrochemical cell that efficiently converts captured carbon dioxide (CO2) into formate, a green fuel. This new system,...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.