Clarasight and SQUAKE partner to enable data-driven carbon reduction for business travel
Strategic partnership empowers companies to accurately plan and reduce travel emissions
BERLIN AND NEW YORK, May 7, 2024–(BUSINESS WIRE)–Clarasight, the leading carbon planning and analysis (CP&A) platform, and SQUAKE, the industry solution for sustainable travel and logistics, today announced a new strategic partnership to empower global organizations to forecast , analyze and plan carbon reduction initiatives.
Powered by the SQUAKE API, the integration equips Clarasight customers with detailed carbon emissions data for all business travel activities – air, road, sea and accommodation – in compliance with national and international standards. This integration incorporates SQUAKE’s advanced methodologies for accurate emissions calculations and predictions, along with Clarasight’s powerful tools and insights. The combination improves planning, reporting and predictability of carbon emissions at all levels of the organization, enabling leaders to make informed decisions that reduce emissions and optimize financial performance.
“An emerging challenge for business leaders is to provide forward-looking carbon planning with the same rigor and transparency as financial planning,” said Adam Braun, CEO and co-founder of Clarasight. “Our partnership with SQUAKE represents a significant step forward in empowering organizations to confidently plan for carbon emissions and drive sustainable business travel programs.”
The level of detail provided by SQUAKE’s accurate carbon calculations is crucial for developing targeted reduction strategies and evaluating the effectiveness of sustainability initiatives. By gaining deeper insights into emissions data, organizations can identify critical areas where emissions can be most effectively reduced and develop highly impactful reduction strategies.
“SQUAKE is excited to collaborate with Clarasight to provide organizations with the tools and knowledge needed to advance their emissions reduction goals,” said Philipp von Lamezan, CEO and co-founder of SQUAKE. “Together, we empower decision makers to make data-driven choices that drive sustainability and protect business objectives.”
This partnership addresses the business problem many organizations face when aligning their global operations with carbon reduction goals. Clarasight and SQUAKE enable organizations to automate, analyze and forecast emissions data more effectively than ever before, automating carbon calculations and simplifying a traditionally complicated manual process.
For more information about Clarasight and SQUAKE, visit www.clarasight.com and www.squake.earth.
ABOUT CLARASIGHT
Clarasight is reinventing how companies bridge the gap between climate-related intent and action. The company provides leaders at all levels of the organization with a real-time Carbon Planning and Analysis (CP&A) platform to manage emissions plans with the same rigor with which they manage their financial plans. Some of the world’s most recognized companies use Clarasight software to reliably save costs, protect revenue and reduce emissions in alignment with business objectives and sustainability goals. Founded in 2021, Clarasight is backed by leading venture capital firms XYZ Venture Capital, Vestigo Ventures and additional strategic investors. For more information, visit www.clarasight.com.
About SQUAKE
SQUAKE helps companies reach their carbon targets and is considered the industry’s solution for sustainable corporate travel. The SQUAKE Solution Suite performs accurate carbon calculations for all types of activities and automates carbon reductions and/or offsets throughout the supply chain. SQUAKE is ISO 27001 certified for excellent data security management and is certified by TÜV as a Verified Clearing Provider (TN-CC-020).
View the original version on businesswire.com: https://www.businesswire.com/news/home/20240507460077/en/
Contacts
Press:
Lane Kearney
Corporate Ink for Clarasight
clarasight@corporateink.com
