Collaboration enhances Alaya’s sustainability consulting providers with Avarni’s AI-driven carbon administration to assist firms automate their emissions reporting and speed up their decarbonisation efforts
HONG KONG, June 14, 2023 /PRNewswire/ — Alaya Consulting, a number one specialist consultancy specializing in ESG disclosure, science-based goal setting and GRI licensed coaching, has introduced a brand new collaboration with Avarni, a carbon emissions administration platform serving to firms shortly perceive their carbon emissions publicity, to help Hong Kong primarily based firms of their decarbonisation journeys.
This partnership goals to empower firms in Hong Kong and past to arrange for proposed laws set by the Hong Kong Inventory Alternate (HKEX), requiring all listed firms to make new climate-related disclosures of their ESG experiences in step with the Worldwide Sustainability Requirements Board (ISSB) Local weather Commonplace. The proposed adjustments to climate-related disclosures have been launched in April this 12 months and might be efficient from January 2024. Given the restricted timeline for firms to adjust to the brand new laws, Avarni and Alaya Consulting will play an integral function in providing complete steerage and assist to firms for a frictionless transition.
The HKEX’s forthcoming laws, which require firms to reveal their carbon emissions, have considerably elevated the significance of sustainability practices within the enterprise group. These laws embody the disclosure of emissions from firms’ worth chains, often called “Scope 3” emissions, which might contribute as much as 80-90 per cent of an organization’s whole emissions. Historically, figuring out and measuring these emissions has been a demanding and resource-intensive activity. Alaya’s experience and steerage, mixed with Avarni’s AI-powered emissions administration automation, will equip firms to successfully navigate the brand new regulatory panorama.
“We’re excited to associate with Avarni to supply a complete answer for firms navigating the advanced world of ESG reporting and carbon emissions administration,” stated Tony Wong, Founding father of Alaya Consulting. “By combining our experience in ESG disclosure with Avarni’s superior carbon administration platform, we intention to empower organisations to embrace sustainability, exceed regulatory necessities, and drive optimistic environmental impacts.”
Alaya Consulting brings its intensive experience in ESG reporting, pre-assurance, rankings improve and sustainability coaching to the partnership. With a robust monitor file in serving to organisations undertake sustainable practices, Alaya Consulting has turn out to be a trusted advisor within the ESG house. Their deep information of reporting frameworks, together with the ISSB, Activity Pressure on Local weather-related Monetary Disclosures (TCFD), International Reporting Initiative (GRI), and Sustainability Accounting Requirements Board (SASB), will assist Avarni’s subtle carbon administration platform that automates Scope 1-3 carbon emissions administration for firms. By leveraging synthetic intelligence and knowledge analytics, Avarni empowers organisations to precisely measure, monitor, and forecast their carbon emissions. The platform supplies useful insights and instruments for organisations to develop and implement efficient emission discount methods.
“Decarbonisation efforts have largely been centred on Scope 1 and Scope 2 reductions, however the HKEX’s new regulatory framework round emissions reporting, particularly Scope 3, reinforces the significance of gaining clear perception of the whole worth chain,” stated Misha Cajic, Co-Founder and Co-CEO of Avarni. “Our AI-driven carbon administration platform, mixed with Alaya Consulting’s deep sustainability reporting information, will equip companies with a tangible answer to deal with and adjust to Scope 3 emissions mandates while enhancing their environmental sustainability practices.”
Collectively, Alaya Consulting and Avarni will present complete assist to firms searching for to fulfill their carbon emissions disclosure obligations. By integrating Alaya Consulting’s ESG reporting experience with Avarni’s cutting-edge carbon administration platform, companies could have the mandatory instruments to boost their sustainability efficiency, streamline their ESG reporting processes, enhance their environmental impression and drive significant change.
About Alaya Consulting
Alaya Consulting is a specialist advisory agency centered on ESG disclosure, pre-assurance, and coaching. As the primary ESG consultancy in Asia to have a Science Primarily based Goal authorized, Alaya Consulting leverages its sustainability experience and cross-industry expertise to empower shoppers and create long-lasting worth whereas fostering steady development. The Alaya group contains of execs with numerous experiences, mixing compliance, course of enchancment, environmental engineering, stakeholder engagement and coaching, aiming to mix insights with ardour to resolve reporting and communication challenges and to earn the belief of all its stakeholders.
alayaconsulting.com.hk
About Avarni
Avarni is a carbon emissions administration platform that allows organisations to maneuver from internet zero dedication to motion as shortly as potential. Pushed by AI and the facility of a worldwide provider community, Avarni improves measurement, hotspot identification, and planning, to assist firms shortly perceive and handle their emissions publicity. Numerous {industry} leaders leverage Avarni, together with 5B, Metropolis of London, Jacobs, KPMG, Level B, Schneider Electrical Sustainability Enterprise, and WNS. Avarni has analysed over $300 billion in company spending knowledge and examined the equal of 150 million tonnes of CO2e emissions inside provide chains.
avarni.co
Alaya Consulting Media Relations – Adella Budianto, Cellphone: +852 3702 0054; [email protected]
Avarni Media Relations – Angela Thompson, Cellphone: +61 0447075133; [email protected]
PR company for Avarni – Courtney Phelps; Cellphone: +61 452663095; [email protected]
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SOURCE Alaya
