Carbon management software provider Green Project Technologies announced the launch of act50, a new digital renewable energy marketplace and supplier engagement platform aimed at enabling companies to reduce and track Scope 3 supply chain emissions.
Founded in 2021, Green Project Technologies provides a web-based platform, combining digital solutions for carbon accounting, supplier engagement, reporting and advisory services, to help enterprises measure, manage, and reduce emissions across their operations and value chains. The company is backed by decarbonization solutions provider ACT Group.
According to Green Project Technologies, the new solution provides a renewable energy procurement platform, enabling enterprises to help suppliers of any size to purchase traceable clean energy, and connecting suppliers with renewable energy certificates (EACs).
In collaboration with ACT Group’s registry infrastructure platform CerQlar, the solution automates EAC transactions and registry operations to help ensure traceability and auditability, and helping to track, validate and report on supply chain emissions reductions.
ACT Group CEO Colin Crooks said:
“By leveraging ACT Group’s market infrastructure, act50 ensures that every transaction is real, traceable, and credible,” said Colin Crooks, CEO of ACT Group. “It brings the same level of trust and rigor to Scope 3 action that companies have come to expect from their Scope 1 and 2 strategies.”
