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Greenstone Carbon Management And The CarbonNeutral Company Announce An Enterprise Carbon Accounting Service

Tuesday 16th March 2010 - Greenstone Carbon Management, the global specialist carbon solutions company and The CarbonNeutral Company, a world-leading provider of carbon reduction solutions, today announced a partnership across operations in Europe and the United States. The partnership provides clients with access to Greenstone’s carbon accounting software, Acco2unt, to measure, manage and report carbon emissions online.

Many organisations measuring their carbon emissions are using manual processes to gather large amounts of data which, together with maintaining the relevant calculation methodologies, is time consuming and unsustainable in the context of a growing number of compliance based reporting demands.  Automating the measurement, management and reporting of carbon emissions with Acco2unt, allows organisations to achieve significant efficiencies and refocus their resources on carbon reduction initiatives across their business.  

Matthew de Villiers

As one of the first companies benefiting from the partnership, John Blain, CSR partner at Freshfields Bruckhaus Deringer LLP commented, “The initial challenge for any organisation when establishing a comprehensive carbon management strategy is to accurately collate and measure its carbon footprint. Multi site organisations such as ours  face numerous complexities, for example the development of a consistent methodology, metric versus imperial data, leased versus owned office space, and ensuring reports are all in the same format. The Acco2unt solution has enabled us to analyse our office footprint data against specified metrics so we can work with The CarbonNeutral Company to focus on reaching our carbon reduction targets.”

Neil Braun, Chief Executive Officer, The CarbonNeutral Company said, “Effective and accurate measurement of CO2 emissions is the first step for an organisation to establish a comprehensive carbon management strategy. We work with established independent third party advisors who provide accurate data and user friendly reporting tools.  Using online reporting tools such as the Greenstone Acco2unt solution will help companies focus on implementing their offset-inclusive carbon reduction programmes that will reduce costs, build a strong environmental position and prepare them for future regulation.”

Matthew de Villiers, Chief Executive Officer at Greenstone Carbon Management comments, “This partnership provides The CarbonNeutral Company with the use of a best of class measurement, monitoring and reporting system which will ensure the integrity and objectivity of their assessments so that clients can concentrate on setting and reaching reduction targets year on year.”

The CarbonNeutral Company will offer its clients the opportunity to undertake their carbon emissions assessment through Greenstone’s Acco2unt solution.  Greenstone’s Carbon Consultants will provide all system configuration and training required to ensure The CarbonNeutral Company’s clients are able to upload their data and monitor performance on an ongoing basis. 

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Notes to Editor
* Greenstone’s unique Acco2unt software product suite provides organisations with robust carbon management and accounting solutions.  It enables organisations to measure, manage, plan, store and report emission data, track performance on their carbon footprint at multiple organisational levels and to accurately model carbon footprint reduction strategies. Acco2unt can significantly reduce the burden of auditing and reporting for compliance purposes, for stakeholders and customers. An extensive list of emission sources is included in the software’s calculation covering energy, travel and transport, IT, together with waste and water consumption. 

About Greenstone Carbon Management Limited
Greenstone Carbon Management Limited is a specialist carbon solutions company – based in London, United Kingdom. Formed in 2006, it works in partnership with major commercial and public sector organisations to help measure, manage and mitigate their carbon emissions to realise business and financial benefits.  Greenstone’s proposition comprises both consulting advice and access to a suite of Carbon Management software tools through a SaaS model. 

Typically, engagements with clients follow a three step process: (i) Carbon Readiness Assessment; (ii) Carbon Measurement and (iii) Carbon Reduction Strategies. During the engagement, Greenstone will provide tools to help measure and manage the organisation’s carbon emissions, help set up processes to gather data and to train personnel to manage their carbon footprint on an ongoing basis.

Greenstone has worked with a range of global businesses and respected brands such as the Virgin Group, Fujitsu and Ocado Limited. For further information please visit http://www.greenstonecarbon.com

About The Carbon Neutral Company
The CarbonNeutral Company (www.carbonneutral.com) is a world leading provider of carbon reduction solutions.  It works with over 300 major businesses and thousands of small and medium sized companies in 32 countries to develop offset inclusive carbon reduction programmes. Since 1997, it has purchased carbon credits from over 200 projects across six continents.

CarbonNeutral® is the registered trademark of The CarbonNeutral Company and is a global standard to certify that businesses have measured and reduced their CO2 emissions to net zero for their company, products, operations or services.  Permission to display the CarbonNeutral® mark is only given to clients whose carbon reduction programme is implemented in accordance with The CarbonNeutral Protocol. The Protocol assures quality of offset projects, carbon footprint assessments and communication and is regularly reviewed by an Independent Advisory Group.  The company’s ‘audit trail’ includes an annual independent verification of CarbonNeutral programs – from contracts with carbon offset partners through to contracts with clients and everything in between.

The CarbonNeutral Company has offices in New York, London and Singapore, with a network of associates in Japan and UAE. The CarbonNeutral Company is a founding member of The International Carbon Reduction and Offset Alliance (ICROA), which provides leadership and a unified voice advocating for rigorous industry standards www.icroa.org