Indian environmental startup Lowsoot has launched “Carbonalytics”, a modular sustainability platform, to help businesses track, reduce & neutralise their carbon footprint using data generated by the company’s new technology.
“With carbonalytics, businesses can potentially increase their gross margin by upto 20% by bringing in many efficiencies to achieve Net-Zero. Carbonalytics helps in increasing profitability and sustainability, building reputation, attracting investment and security of the businesses,” claims the company. In its endeavour to accelerate the transition towards net-zero, Lowsoot has bagged the support of e-bike rental platform eBikeGo.
At present, Lowsoot claims to contribute towards the reduction of business emissions in the following ways:
- Corporate Businesses: The firm helps to track and erase the business carbon footprint, and plan the net zero strategy for companies operating out of headquarters or corporate office.
- Ancillary Businesses: The company tracks sustainability metrics across ancillary firms. It collects external data across subsidiary companies and portfolios and uses that data to generate critical sustainable reporting on the sustainability metrics of the ancillary businesses.
- Supply Chain: Carbonalytics tracks emissions across the supply chain and plans a net-zero strategy for operation intensive businesses. It tracks and reports the carbon emissions of the goods and products across complex supply chains.
“We are extremely pleased to launch this unique platform “Carbonalytics”. This platform will not only help the businesses to become truly sustainable in a data driven manner but will also push the topline of the businesses as and when businesses implement strategies to take their businesses to NET ZERO” said Sachin Sengar, Founder & CEO of Lowsoot.