In this insightful episode, we delve into the world of carbon footprint analysis and reduction with Schaum Sethuram, CEO and co-founder of Emission Critical Technologies. Schaum introduces us to their unique SaaS platform that simplifies and automates carbon lifecycle analysis for products, akin to a carbon nutrition label. He discusses the importance of this technology in today’s environmentally conscious market and its potential impact on various industries.
- Introduction of Emission Critical Technologies: A SaaS platform that provides detailed carbon lifecycle analysis for products, similar to a nutrition label, including scope 1, 2, 3 emissions, and mitigation measures.
- Unique Approach: Unlike other emissions reporting solutions, Emission Critical Technologies adds details about production processes and routes, offering a comprehensive emission profile for each product.
- Market Need and Company Origin: Schaum shares his background in GHG systems tracking and the market gap that led to the founding of Emission Critical Technologies.
- Product Lifecycle Analysis: The platform focuses on heavy industrial products in energy, chemicals, steel, and cement industries, offering continuous lifecycle analysis down to the batch level.
- Regulatory and Market Drivers: Discussion on the influence of regulations like the EU’s carbon border adjustment mechanism and market demands for lower carbon products.
- Future Vision: Schaum envisions Emission Critical Technologies becoming a certifier of low carbon products, accelerating the low carbon economy through market-based forces.
- Challenges and Opportunities: The conversation touches on the complexities of carbon credits, the importance of transparent and trustworthy data, and the potential integration of blockchain technology for data exchange.
This episode is a must-listen for anyone interested in the intersection of technology, sustainability, and industry, offering a deep dive into the challenges and solutions in carbon footprint analysis and reduction.