BUSINESS

Terrascope forges strategic partnerships to facilitate decarbonisation of enterprises

04/11/2022 02:31 PM

KUALA LUMPUR, Nov 4 (Bernama) -- Terrascope, a smart carbon measurement and management platform, has announced strategic partnerships to offer large enterprises a connected solution to drive and scale decarbonisation across their business operations and supply chains.

“Accurate carbon measurement is just the first step of the decarbonisation journey. Terrascope also helps large enterprises manage emissions across their operations and supply chains.

“We are enhancing emissions management by bringing together experts with complementary strengths across the environmental, social and governance (ESG) ecosystem such as DBS Bank Singapore, Workiva, and ERM, to create end-to-end decarbonisation solutions for enterprises on their path to Net Zero,” said Terrascope chief executive officer Maya Hari in a statement.

 The partnership between DBS Bank and Terrascope is aimed at timely and accurate carbon emissions measurement and management, to better assess the bankability of clients, and accelerate sustainable financing flows in Singapore and other markets in which DBS Bank operates. 

Meanwhile, Environmental Resources Management (ERM), a pure-play sustainability advisory firm, has also partnered with Terrascope to help large enterprises explore the right course of action once they have identified hotspots contributing to the highest emissions.

In addition, Workiva Inc with its leading cloud platform for regulatory, financial and ESG reporting, has teamed up with Terrascope to make the collaboration between ESG, audit, and financial reporting teams seamless.

Terrascope brings together the ecosystem of real economy stakeholders, financial institutions, reporting platforms, and sustainability consultants around a common software platform, to enable the collaboration between internal teams and external expertise needed for enterprises to translate high level targets into specific decarbonisation action plans.

This ecosystem of partners will provide companies with end-to-end decarbonisation solutions, accelerating their journey to Net Zero.

Since its commercial launch in June 2022, Terrascope has scaled across agriculture, food and beverages, industrial manufacturing, luxury goods, transportation and other categories all over the world.

-- BERNAMA


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