Planet Metrics Unveils Rapid Carbon Modeling SaaS Solution

Planet Metrics has released the beta version of its new Web-based Rapid Carbon Modeling (RCM) Software-as-a-Service (SaaS (News - Alert)) solution which is stated to help manufacturers, consumer packaged goods (CPG) companies and retailers to model, analyze and optimize carbon emissions and energy use throughout the entire value chain.

 

Planet Metrics is a carbon information management (CIM) software company that provides streamlined modeling, analytics and complex data visualization for corporate sustainability strategists and product innovation teams.

 

The RCM makes use of Life Cycle Assessment (LCA) data, Greenhouse Gas (GHG) Inventories, and other enterprise Business Intelligence (BI) application data to convert scientific data and processes into easy-to-use reports and dashboards.

 

The company’s primary data is supplemented with Planet Metrics' extensive database of secondary data to maximize the accuracy of carbon footprint at a minimal cost. Using these reports companies can chart out new alternative means to ultimately save money and emit less harmful gasses.

 

Andy Leventhal, founder and CEO of Planet Metrics said that companies have understood a lower carbon footprint leads to a lower cost and having a deeper understanding about the materials will help them make better decisions on sourcing, transportation and distribution and that will create sustainable best practices and greatly improve the bottom line.

 

RCM enables companies to identify and focus on the highest ROI eco-innovations to drive competitive advantage. The software provides companies with the necessary tools to measure and track the carbon impact associated with product design and sourcing. With this, companies can understand volatile energy and resource prices more clearly and make better decisions to lessen their overall footprint and costs.

 

With the help of RCM's business intelligence and visualizations it is easier for retail organizations to map their entire supply chain in terms of carbon intensity throughout product lifecycle stages. The SaaS solution enables product management, supply chain, operations, and sustainability executives to create views and perspectives that reflect commodity price risk, substitution potential, carbon cost risk, dematerialization possibilities, what-if scenarios, as well as before and after analytics.