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Carbon accounting: a key step toward broad sustainability management

Ovum, Aug 2010, Pages: 38


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Growing concern about the environment, especially global warming and climate change, is putting pressure on public and private sector organizations to reduce emissions of carbon dioxide (CO2) and other greenhouse gases. The challenge can be exceedingly complex, and it creates a significant market opportunity for IT vendors to develop solutions that quantify emissions and, ultimately, help companies manage their businesses more sustainably. A fortunate but underappreciated fact is that sustainability initiatives can often pay for themselves quickly by reducing waste and inefficiency. However, the market for carbon management specifically and sustainability solutions overall is still characterized by complexity, immaturity, and fragmentation. In such an environment, enterprises and IT vendors must focus on solutions that provide both visibility into key processes and flexibility to adapt to rapid change.





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