Today, every organisation is working to make the environment more sustainable. While most businesses do it as part of their corporate social responsibility efforts, the number of organisations advocating for the sustainability of their products and services has grown.
Almost all major technology companies, for example, advocate for long-term environmental programmes and reduced carbon emissions. This includes using less environmentally hazardous materials and recycling old products. A few mobile phone companies have also decided not to include phone chargers with their products, allowing users to use older ones.
Is it possible for e-water to manage the environment?
Allinfra, a Hong Kong-based company, responds to a call to action in Asia by providing climate technology solutions to combat rising CO2 emissions. Allinfra Climate is an Allinfra product that focuses on technology to revolutionise the collection, storage, use, and monetization of climate-sensitive data between institutions, corporations, and governments.
Allinfra assists organisations in calculating their carbon footprint in order to offset their net-zero targets while also utilising the most advanced, advanced, and trusted financial technologies such as renewable energy certificates and emission reductions.
The climate data tools provided by Allinfra are integrated to allow for ongoing verification of green financing assets, providing emitters, lenders, investors, and rating agencies with a well-established and shared understanding of the environmental goals of assets.
Bill Kentrup, co-founder and head of origin at Allinfra, spoke with Tech Wire Asia about how companies use modern technology to reduce CO2 emissions and build a sustainable environment.
Are organisations truly committed to carbon reduction, or are they doing so because environmental regulations require it?
Companies are setting decarbonization goals and taking action with a growing commitment to the fact that the average Earth’s temperature is rising, causing significant climatic changes that are large, dangerous, and difficult to manage or adjust for, and that this poses a real risk to companies and humanity as a whole. This is not to say that the agreement is universal, but it is much more widespread than it was twenty or two years ago, in my opinion.
How can technology support cost-effective and dependable environmental finance (equity, debt, or hybrid), financial services (such as ratings and accounting), and environmental financial products such as renewable energy certificates and/or emission reductions?
The market is inherently data-driven, whether for climate-related finance, products, or reports and ratings; in other words, realisation, evidence, and reward for emission reductions differ significantly from, say, delivery and payment of soybean cargo.
Carbon-related data could be compared to the fibres, proteins, and other nutrients found in this soya, as well as methodologies for converting data into impact. As a result, climate policy and markets cannot function without the implementation of data tracking and reporting systems. Indeed, one of the few legally binding aspects of the Paris Accords is each signatory’s periodic carbon reporting.