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6 minutes read

Klear: Competitive Intelligence (Monitor)

In an era where environmental responsibility is crucial, most companies commit to reduction
targets, yet do not know how to actually tackle their Scope 3 emissions. Measuring,
reporting, and reducing Scope 3 emissions is both a completely new and highly complex
challenge. Supply chain decarbonization is still in its early stages and there is an escalating
demand for solutions. 89% of companies are using or currently searching for a Scope 3
digital solution, meaning they want to manage their emissions with software, not with
service providers.

carbmee is a recognized vendor of carbon management software with a strong
commitment to developing and providing a software solution that will empower companies
to get their carbon under management. It is carbmee's vision to drive the sustainable
transformation of businesses with environmental intelligence to achieve net-zero by 2050.
Therefore, it comes as no surprise that carbmee is incorporating all technological
advancements to stay at the forefront of carbon management innovation. Whatever
technological possibilities exist, carbmee will incorporate the latest innovations into the
software, constantly improving the product and using every tool available to empower
companies to achieve net zero. While specifically focusing on improving sustainability,
carbmee is among other technological start-ups that aim to revolutionize supply chain
management with AI.

carbmee´s cutting-edge software enables businesses to measure, reduce, and report
emissions in their supply chain with unparalleled accuracy and efficiency. Through advanced
data matching techniques with generative AI, carbmee is able to provide granular emission
data for massive amounts of data at speed, ensuring precise tracking and management of
carbon footprints.

AI data matching for carbon management

carbmee has integrated Gen AI into its carbon accounting software to revolutionize how
businesses manage their emissions. Here’s how carbmee stands out:

1. Data Matching

Gen AI enables carbmee to match customer data with emission data from comprehensive
databases such as Ecoinvent. This process ensures that emission data is highly accurate
and specific to each item, providing businesses with detailed insights into their carbon
footprint.

A key aspect of carbmee’s approach is to focus on excelling at data matching and modeling
processes while relying on strong partners like ecoinvent to provide the best emission data.
With this clear objective, carbmee´s software solution outperforms in data matching,
delivering highly accurate footprint calculations. Gen AI-driven data matching enables
companies to measure, report, and reduce their emissions as efficiently and effectively as
possible.

2. Processing Power

Generative AI can handle vast amounts of data efficiently, making it suitable for big data
applications. By using generative AI, big bulks of data can be processed efficiently in
carbmee EIS™,  enabling the system to provide granular emission data for all items in the
supply chain. It is only with this level of detail and granularity that businesses can meet
stringent sustainability targets and regulatory requirements.

3. Enhanced Accuracy

GenAI models understand the context around data points, leading to more accurate
matches. The precision of generative AI in data matching leads to highly accurate emission
reports. This accuracy helps companies make informed decisions about their supply chain
operations, ultimately contributing to more effective carbon reduction strategies.

Overcoming Challenges in Scope 3
Emissions Tracking

Tracking Scope 3 emissions presents several challenges, including inconsistent data
sources, varying emission factors, and a lack of standardized methodologies. carbmee’s
generative AI addresses these issues by providing:

Consistent Data Integration: carbmee´s incorporated AI ensures seamless integration
of data from multiple sources, maintaining consistency and accuracy.
Standardized Emission Factors: Using comprehensive databases like EcoInvent,
carbmee standardizes emission factors across the supply chain.
Real-Time Data Insights: The speed of Gen AI data processing and its processing
power to handle massive amounts of data, leads to real-time data insights in carbmee
EIS™. It enables companies to make timely decision-making.

Leading the sustainability transformation
with AI-powered climate tech

carbmee’s innovative use of generative AI in its carbon management software marks a
significant advancement in the fight against climate change. By ensuring accurate, granular
emission data, carbmee empowers businesses to take effective action towards reducing
their carbon footprints. As the world moves towards stricter environmental regulations and
greater sustainability demands, technologies like generative AI will be crucial in achieving
these goals. The integration of generative AI into carbon accounting is just the beginning. As
AI technology evolves, its applications in sustainability will expand, offering new ways to
optimize supply chains and reduce emissions. Exciting AI-powered developments in
carbmee EIS™ for analysis, forecasts, and scenario modeling are in the making already - stay
tuned.

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At Carbmee, we’re committed to empowering businesses with the tools they need to lead in sustainability. Our product updates reflect this mission, introducing new features and improvements that make it easier to measure, manage, and reduce your carbon footprint.