Energy Points, a source energy intelligence company, has partnered with leading international nonprofit organization CDP, to enhance its efforts to tackle climate change and resource depletion.
CDP, driven by the idea that measurement and information disclosure improve the management of environmental risk, has successfully incentivized thousands of companies and cities across the world’s largest economies to measure and disclose their environmental information, which has increasingly been at the heart of business, investment and policy decision-making. By partnering with CDP, Energy Points wants to further information-driven decision-making among organizations that recognize that energy resilience is critical to their operations.
CDP holds the largest collection globally of self-reported climate change, water and forest-risk data, providing insights that enable investors, companies and governments to mitigate risks from the use of energy and natural resources and identify opportunities from taking a responsible approach to the environment. Energy Points uses geospatial ‘big data,’ which will now include data from CDP, and sophisticated algorithms to quantify and analyze source energy.
“Energy Points’ partnership with CDP is a natural one as their source energy analytics support environmental reporting that is both accurate and actionable,” says Paul Robins, Head of Partnerships at CDP. “Energy Points software can help companies to measure and analyze their energy use from source to site. As companies increasingly look to go beyond disclosure and make information-driven decisions on how they can reduce their emissions, Source Energy Analytics will be a valuable tool for CDP-responding companies.”
The company measures energy use from its source to the site of consumption, while accounting for resource scarcity and environmental impact. The source energy analysis it provides makes it possible to integrate electricity, water, fuels, and materials, enabling apples-to-apples comparisons and insights across resources, while also improving the accuracy of reporting with its localized energy analysis.
“Measuring and reporting carbon emissions are critical to understanding the present state of climate change,” says Dr. Ory Zik, founder & CEO of Energy Points. “Measuring source energy is vital for organizations wanting to directly address the threats climate change poses to their energy supply chains. This partnership ensures that organizations have a complete view of their contribution to climate change, as well as what projects they can implement to reduce it.”
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Published May 19, 2014 9pm EDT / 6pm PDT / 2am BST / 3am CEST