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Cleartrace Launches New Product Suite to Transform Emissions Transparency


News provided by

Cleartrace

Jan 31, 2025, 13:00 ET

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Cleartrace launches a new product suite including a new supplier solution and re-imagined energy buyer offerings, designed to enhance emissions transparency, streamline compliance, and empower energy suppliers with real-time data and analytics for better sustainability management and customer reporting.

AUSTIN, Texas, Jan. 31, 2025 /PRNewswire-PRWeb/ -- Cleartrace, a leader in energy and sustainability data management, is proud to announce the launch of its new product suite, which includes a new Supplier solution and re-imagined Buyer offerings. These new solutions are designed to revolutionize how utilities and other energy suppliers manage and measure emissions, enhance transparency, accountability, and sustainability throughout operations—and deliver superior buyer experiences in the process.

Empowering Companies with Advanced Insights.

"The new Cleartace offerings help drive revenue, mitigate risk, support compliance requirements, and improve operational efficiency at a critical time in the clean energy transition."

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The new Cleartrace Supplier solution is tailored to meet the growing demand for actionable data in Scope 2 emissions management and reporting. By integrating seamlessly into Cleartrace's comprehensive data platform, this solution enables companies to:

Quantify Emissions: Track and measure emissions across operations in a scalable and actionable way.

Enhance Collaboration: Break down siloes so that clean energy teams can actively participate in developing solutions that meet customer needs and increasingly complex transactions.

Streamline Compliance and Reporting: Meet regulatory requirements and align with global standards, including GHG Protocol and Science-Based Targets, as well as advanced procurement strategies like 247 CFE tracking and Impact Based Accounting.

Drive Actionable Sustainability Goals: Leverage precise data to implement targeted strategies and achieve measurable progress in decarbonization efforts.

Address the Operational Challenges of Customer Reporting: As more and more commercial and industrial customers manage and report their Scope 2 emissions and move towards more granular reporting, Cleartrace's Supplier solution simplifies this complexity by providing utilities and other energy suppliers with:

A centralized, real-time platform for data aggregation that reduces disparate systems and spreadsheets.

Advanced analytics and reporting capabilities to identify high-impact offerings for their customers.

Tools to engage their customers and improve emissions accuracy at scale.

A Suite of offerings to inform and drive customer decarbonization.

Cleartrace's new solutions underscore its commitment to empowering businesses to create a more sustainable future. By bridging the gap between utilities and other energy suppliers and their customers, Cleartrace fosters a collaborative ecosystem where all stakeholders can contribute to meaningful environmental outcomes.

Leadership Perspective.

"Carbon is a new dimension in energy markets beyond price and reliability, presenting complex tracking and management challenges," said Poormehr Honarmand, Chief Product Officer at Cleartrace. "Our new Supplier and Buyer product suite is built on a scalable, purpose-built platform designed for granular energy and emissions management. We are excited to launch these solutions and are dedicated to rapidly developing innovative offerings to address the industry's evolving needs and challenges."

"Many clean energy providers are managing their scope 2 clean energy data in disparate systems and spreadsheets, which leads to huge challenges with data aggregation, organization, tracking of energy and certificate assets, and reporting out to their customers and regulators." Said Patrick Davis, Chief Commercial Officer at Cleartrace. "The new Cleartace offerings help drive revenue, mitigate risk, support compliance requirements, and improve operational efficiency at a critical time in the clean energy transition."

About Cleartrace

Cleartrace is a pioneering provider of energy and sustainability data solutions. The company's platform empowers organizations to measure, manage, and report on their environmental impact with unparalleled precision and confidence. By delivering real-time, auditable data in actionable ways, Cleartrace enables its customers to transform how they achieve their sustainability goals and catalyze change through greater emissions transparency.

Visit cleartrace.io to learn more about Cleartrace and the new Supplier and Buyer solutions.

Media Contact

Patrick Davis, Cleartrace, 1 512-387-6405, [email protected], www.cleartrace.io

SOURCE Cleartrace

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