June 17, 2009
Carbon Management Drives Need for New Business Solution
A new information systems category, Carbon Management Solutions (CMS), is rapidly emerging as businesses try to understand their carbon footprint and the importance of carbon as an asset or liability, according to a new report by AltaTerra Research, Palo Alto, Calif.
The report, “Carbon Management Solutions: Business Value through a New Lens,” covers the changing regulatory and market forces that are making the management of energy use and carbon emissions a strong business strategy. It provides an overview of the business drivers, concepts, and capabilities behind corporate carbon management.
The study also indicates that CMS is helping businesses analyze, monitor, and manage energy use and greenhouse gas emissions, as well as improve related business performance.
According to the report, the emerging CMS market is fragmented with many vendors and a complex range of capabilities for analysis, monitoring, reporting, financial management, and carbon trading. Thirteen vendor solutions are classified and profiled.
The report also discusses key market trends and provides recommendations for companies considering implementation of new carbon management capabilities.
Realizing an industry need for business solutions that help companies monitor and manage their energy use and carbon emissions, software providers such as startup Hara Software and business management software giant SAP s are starting to deliver.
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Reader Comments
The true value of this category is the shift from Actuals Monitoring to Transaction Execution. The Economist reports that fewer than 20 percent of organizations have measureably reduced their carbon emissions.
John Clark
Director, Climate Change Solutions
http://www.tririga.com
John Clark | TRIRIGA | June 17th, 2009
As a layman, my suggestion is to find immediate and binding solutions to the dangers of carbon emision to save the Mother Earth for our progeny. I request the experts do something towards this on a war-footing.
Gopal.G | June 18th, 2009