Terrascope, a smart carbon measurement and management platform, announced its strategic partnerships with DBS Bank, ERM, and Workiva in its ecosystem, offering end-to-end decarbonisation solutions for large enterprises yesterday.
Real economy stakeholders, financial institutions, reporting platforms, and sustainability consultants will collaborate on Terrascope as their common software platform.
This allows an enterprise’s internal teams to draw on external expertise to design specific decarbonisation action plans to achieve its targets.
DBS Bank works with Terrascope to gain timely and accurate carbon emissions measurement and management to assess clients’ bankability better. It also seeks to accelerate sustainable financing flows in Singapore and other markets.
Additionally, pure-play sustainability advisory firm ERM partnered with Terrascope to help large enterprises explore the right action after identifying their highest emission hotspots.
Meanwhile, cloud platform for regulatory, financial, and ESG reporting, Workiva, is on board to make the multi-partner collaborations in Terrascope seamless.
Terrascope offers data, analytics, and digital tools for enterprises by combining data science, machine learning, and sustainability expertise.
“DBS is committed to achieving scale without compromising the integrity of sustainable finance.
Terrascope will help our customers gain a more accurate and comprehensive picture of their carbon footprint and enable DBS to provide financing to advance their decarbonisation journeys,”
said Yulanda Chung, Head of Sustainability at Institutional Banking Group, DBS Bank.
“Accurate carbon measurement is just the first step of the decarbonisation journey. Terrascope also helps large enterprises manage emissions across their operations and supply chains.
We are enhancing emissions management by bringing together experts with complementary strengths across the ESG ecosystem, such as DBS Bank Singapore, Workiva, and ERM, to create end-to-end decarbonisation solutions for enterprises on their path to Net Zero,”
said Maya Hari, CEO of Terrascope.
Featured image credit: edited from Unsplash
