Startup seeks to become one-stop-shop for companies to calculate, offset, and transparently disclose carbon reduction initiatives.
TOKYO, Sept. 8, 2022 /PRNewswire/ -- XELS, a startup leveraging blockchain and other next-generation technologies in an effort to help companies across the globe meet and exceed their environmental sustainability goals, will launch a new platform that takes aim at the opaqueness in "scope 3" emissions reporting. While most eco-conscious companies have taken aim at scope 1 and 2 emissions (direct emissions from their own operations and emissions tied to purchased energy usage) in recent years, scope 3 emissions pose a challenge due to being generated across an organization's value and supply chains (think suppliers, distributors, and retailers).
"While many companies have taken steps to clean up 'their side of the street,' we see a lot of them struggling with scope 3 emissions," says XELS founder and CEO Takeshi Nojima. "By creating a simple and...
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