03/28/2022 | Press release | Archived content
SAN FRANCISCO, CA - March 28, 2022 - Verdigris and WattCarbon today announced a partnership to help companies meet new SEC sustainability reporting requirements for Scope 1, 2, and 3 emissions disclosures beginning with fiscal year 2023.
The collaboration addresses a critical challenge: companies need accurate, enterprise-wide energy and carbon data to comply with SEC rules, but consolidating this information across multiple buildings has traditionally been difficult and costly.
Scope 1
Direct emissions from owned sources
Scope 2
Indirect emissions from purchased energy
Scope 3
Value chain emissions
Verdigris provides advanced sensor technology installed in electrical panels to capture granular circuit-level data.
Our sensors quickly install into electrical panels, gathering detailed data to help operators boost efficiency and meet their sustainability goals.
Mark Chung, CEO at VerdigrisWattCarbon's platform transforms this energy consumption data into precise carbon emissions calculations.
This partnership enables highly accurate emissions reporting plus quantification of carbon savings from specific efficiency investments.
McGee Young, CEO at WattCarbonVerdigris counts T-Mobile, Qualcomm, and Verizon among its clients. WattCarbon had raised $1.5 million in pre-seed funding from investors including Village Global and Not Boring Capital.
Verdigris is an AI-powered company providing building optimization through IoT sensors and analytics. Located at NASA Ames Research Park in Silicon Valley with international offices. Named a Fast Company Most Innovative Energy Company.
WattCarbon is a software platform calculating hourly Scope 2 emissions for buildings, incorporating live data and calibrated models to quantify avoided emissions from efficiency and renewables.
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