We are here to help them meet those promises,” says Peter Schmidt CEO of iPoint, a GRO portfolio company.
“A few years ago, the food industry underwent huge change when it introduced calorie counts on food. Carbon counts are beginning to cause the same sort of shift. Soon, all companies will be able to show the exact carbon footprint of every product, so their customers know the environmental impact of what they are buying,” he says.
Unlike scope 1 & 2 emissions, which are controlled by the company, scope 3 covers emissions that the company is responsible for but doesn’t have direct control of. They can occur anywhere in the value chain, from raw material production and shipping to product use and disposal. This makes them extremely hard to measure – which is where iPoint comes in.
iPoint is already being used by a wide range of companies, from car makers and electronics manufacturers to chemical producers.
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