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The Markets
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The Markets
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Tech

ShiftCarbon rolls out Focused Footprint for carbon emissions calculations in marine industry

ShiftCarbon (CSE:SHFT), formerly TraceSafe, has introduced Focused Footprint for the marine industry, a feature that allows cruiseliners and transportation companies to calculate their carbon emissions through a series of guided steps that focus specifically on the marine industry.

The Internet of Things (IoT) platforms provider and innovator in end-to-end decarbonization solutions said Focused Footprint is a powerful tool within ShiftCarbon (CSE:SHFT) Measure that enables clients to quickly measure their climate impact through a series of guided steps that collect emissions information specific to the marine industry.

“Focused Footprint is the easiest way to start on the journey towards decarbonisation,” ShiftCarbon (CSE:SHFT)’s head of carbon products Qayyum Rajan said in a statement.

READ: ShiftCarbon releases carbon transparency hub

“After years of building relationships and products within the space, we are excited to finally roll out this feature to the marine industry,” Rajan added.

ShiftCarbon noted that by using the Focused Footprint, cruiseliners, and marine can dedicate their resources to measuring emissions for the scopes and categories relevant to their business operations.

The maritime industry is highly dependent on fossil fuels and emitted about 1.2 gigatons of carbon dioxide equivalents (CO2e) in 2020, equivalent to about 3% of global greenhouse gas (GHG) emissions, according to the company.

ShiftCarbon said to address this, the International Maritime Organization has set a goal of reducing carbon emissions by at least 40% by 2030 and aims to make efforts towards a 70% reduction by 2050.

ShiftCarbon provides an innovative platform for carbon accounting, offsets, and Measurement, Reporting and Verification (MRV) automation. ShiftCarbon Offset provides enterprises with powerful APIs that allow customers to embed carbon offsets into their business.

ShiftCarbon also operates TraceSafe, a leading IoT cloud platform that uses sensor technology to deliver precise and timely information, powering safer and smarter enterprise environments.

Contact Sean at sean@proactiveinvestors.com

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