Business Benefits of Emerald 2

For sustainability monitoring and reporting:

Emerald 2’s Inventory module, built on standard accounting frameworks and protocols, help firms in:

• systematically capturing energy/emissions/water/waste related data across facilities/divisions/geographies/time periods
• securely storing records of such data
• automatically generating and sending out relevant reports to internal and external audience in a pre-approved format

This tool functions on manual data input as well as automatic inputs through integration with sensors/meters. It can also integrate easily with existing ERP systems to fetch data.

For Energy or Emission Cost Optimisation:

Emerald 2’s Cost Optimisation module uses linear programming algorithms to:

• identify areas of energy consumption hotspots that can be targeted for energy efficiency improvement and emission reductions
• calculate the total cost to achieve a given level of reduction in emissions
• evaluate options for emission reductions (fuel switch, technology switch, retro-fitment or operational measures) subject to user-defined constraints such as budgets, or energy reduction targets and recommend a cost-optimal plan
• model future scenarios like fuel price fluctuation, production growth, technology advancement, and the impact of these variables on energy, emissions and costs

For trading of Emission Allowances:

Emerald 2 would provide emission trading teams with valuable information pertaining to the quantity and offer-price for purchase of emission allowances. The price at which allowances are traded can be compared with the internal abatement costs calculated by Emerald 2. This can help teams reach a decision on buying allowances through auctions or investing towards improving internal energy efficiencies. Based on the marginal abatement cost values across facilities and time periods, finance and trading teams can take positions on the quantity, price and timing of purchase of emission allowances.