Multinational power company ENGIE announced the launch of Ellipse, its new carbon intelligence platform, aimed at accelerating global decarbonization efforts for businesses across Scope 1, 2 and 3 emissions.

Ellipse, developed by sustainability solutions-focused ENGIE Impact, enables businesses to track their emissions in real time, design decarbonization strategies, chart their progress and optimize sustainability investments. The platform is designed to be integrated into existing digital ecosystems, bringing carbon net zero strategies to the forefront of corporate programs.

According to ENGIE, the new platform was developed in response to the significant growth in organizations’ climate and emissions commitments over the past several years. To meet these goals, organizations will need access to advanced data analytics in order to manage the vast amounts of carbon-related data, implement a carbon reporting infrastructure and develop Scope 3 tracking and reporting strategies.

Catherine MacGregor, ENGIE CEO, said:

“As a global leader in the zero carbon transition, ENGIE developed Ellipse in support of businesses faced with the growing urgency to reduce carbon emissions and implement a strategic action plan. A true sustainability transformation requires significant investment, organizational transformation and a reimagining of business strategies, alongside the continuous consolidation of disparate data. Ellipse works as a strategic tool to help organizations make informed decisions and reach their net zero emission goals.”

The post ENGIE Launches Carbon Intelligence Platform to Track and Manage Decarbonization Strategies appeared first on ESG Today.