Carbon footprint management and reporting platform provider Persefoni announced today the appointment of Rakhi Kumar to its Sustainability Advisory Board (SAB).
As a member of the SAB, Kumar will provide counsel to Persefoni leadership to support the development of its platform and product offerings.
Tim Mohin, Chief Sustainability Officer of Persefoni, said:
“Rakhi joins a burgeoning group of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. and sustainability experts that comprise the SAB, and brings expansive cross-sector and international experience in sustainable investment and insurance which adds a critical perspective to our business strategies. The SAB plays a crucial role guiding Persefoni to develop the cutting-edge carbon accounting and disclosure features needed by our clients to enable the transition to a low carbon economy. Rakhi’s experience and perspective will greatly strengthen this effort.”
Launched in 2020, Persefoni’s SaaS platform enables enterprises and institutional investors to measure, analyze, plan, forecast, and report on their carbon footprint, leveraging AI to provide users with contextual sustainability performance scores for their organization and allowing them to manage their carbon transactions and inventory with the same rigor as their financial ones.
Kumar brings over 20 years of experience across sectors including insurance and investments, sustainable investments, climate transitions, ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. business strategy, and policy advisory. She is the currently the Senior Vice President of Sustainability Solutions at Liberty Mutual Insurance, and also serves as an Advisory board member of the Millstein Center for Global Markets and Corporate Ownership at Columbia Business School. She also served as the Head of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. Investing and Asset Stewardship at State Street Global Advisors, and as an Assistant Director at Ernst & Young.
Kumar, said:
“I am honored to join the Sustainable Advisory Board of Persefoni and be part of a company that is building much needed climate tools that leverage standardized measurement frameworks, such as the PCAF, to help their clients streamline carbon emissions data. The financial services sector needs these tools to develop and make informed decisions on their climate transition pathways. At Persefoni, I find myself alongside leading sustainability experts with a similar passion to combat climate change, which gives me hope during times when global warming reveals new and alarming threats every day.”
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