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East Ventures and Kadin Indonesia launched ECOVISEA

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East Ventures and The Indonesian Chamber of Commerce and Trade (Kadin Indonesia), at the moment launched ECOVISEA, which stands for Emission Calculator & Visualization Southeast Asia. Collaborating with WRI Indonesia as a data accomplice, ECOVISEA acts as a free web-based world greenhouse gasoline (GHG) calculator that helps firms calculate and measure their environmental impression.

This initiative is likely one of the outputs from the Memorandum of Understanding between East Ventures, Kadin Indonesia (by way of its program: Kadin Web Zero Hub), and WRI Indonesia in advancing dedication in the direction of net-zero targets. The MoU was signed on 11 November 2022 on the East Ventures’ breakout session of the Indonesia Web Zero Summit 2022, a sideline occasion of B20 Indonesia.

With the truth that Indonesia is likely one of the prime 10 emitter nations by contributing ~1.48 GtCO2e to GHG emissions yearly, it requires further efforts to make sure progressive progress in reaching the Paris Settlement goal, which is to restrict 1.5C of worldwide temperature enhance by 2050.

The elemental step is to have the businesses calculate their emissions to measure their environmental impression; subsequently, they are going to be capable to cut back environmental impression or make knowledgeable choices in the direction of their sustainability targets. Regardless of the significance of calculating GHG emissions, many firms in Indonesia, from giant & micro, small, and medium-sized enterprises (MSMEs) to startups, haven’t but calculated their carbon footprints. That is primarily as a consequence of a scarcity of entry to GHG accounting expertise and data.

Recognizing this hole, East Ventures and Kadin Indonesia, with steerage from WRI Indonesia, launched this revolutionary device and invited companies in any {industry} nationwide to precisely measure, handle, and cut back their emissions, facilitating the transition to a low-carbon financial system.

“Kadin Indonesia, in collaboration with East Ventures and WRI Indonesia, enthusiastically publicizes the launch of ECOVISEA, a free web-based greenhouse gasoline calculator. This initiative displays our dedication by way of Kadin Web Zero Hub to help nationwide firms in transitioning in the direction of changing into Web Zero Corporations. ECOVISEA offers an important device for Indonesian firms to trace and cut back their greenhouse gasoline emissions. We’re assured that ECOVISEA will play a pivotal position in enabling nationwide firms to collectively obtain the federal government’s targets for decreasing greenhouse gasoline emissions and reaching Web Zero Emission by 2060,” mentioned Shinta W. Kamdani, Coordinating Vice Chairwoman for Maritime, Funding, and International Affairs of Kadin Indonesia.

“Sustainability has been a part of East Ventures’ DNA since its inception. We’re delighted to introduce ECOVISEA, a free web-based GHG measurement device designed for companies and MSMEs throughout Indonesia and Southeast Asia. Launched in partnership with KADIN Indonesia and WRI Indonesia, ECOVISEA stands as a testomony to collaborative efforts in harnessing digital know-how, industry-specific experience, and on-the-ground insights. This revolutionary device streamlines the beforehand guide carbon calculation course of and empowers companies to visualise sources of GHG emissions to higher determine emission discount methods. Collectively, we’re excited to pave the way in which for a sustainable future, leveraging the facility of know-how and actively contributing to the Authorities’s web zero imaginative and prescient,” mentioned Avina Sugiarto, Companion at East Ventures.

ECOVISEA is presently designed to calculate the emissions produced by firms primarily based on three scopes, together with:

  • Scope 1: Direct emissions from sources which might be owned or managed by the corporate, reminiscent of stationary combustion, fugitive emission, cell combustion, course of emissions, and so forth.
  • Scope 2: Oblique emissions from the era of bought vitality, reminiscent of bought electrical energy, warmth or steam, and so forth.
  • Scope 3: All different oblique emissions from an organization’s worth chain, from each upstream and downstream worth chains.

The emission issue knowledge utilized in ECOVISEA is offered by Climatiq, a carbon calculation engine. This knowledge upholds the worldwide customary and is compliant with the GHG Protocol and ISO 14067.

Dashboard of ECOVISEA


Dashboard of ECOVISEA


The businesses can go to ecovisea.com to register their accounts. As soon as the corporate is verified and registered, they are going to be directed to step-by-step directions for importing their knowledge to the corporate’s dashboard. As soon as the info is crammed, the corporate will achieve real-time entry to the consequence, which is offered within the format of a set of knowledge and visualizations. It highlights some necessary info, together with the quantity of emissions with detailed breakdowns in addition to time-trend evaluation. Moreover, the corporate can conveniently save drafts and replace knowledge at every stage of the method, providing the flexibleness to make crucial edits as wanted.

For the present model, ECOVISEA can help the businesses in calculating Scope 1, Scope 2, and a few components of Scope 3. The complete model is predicted to be absolutely launched within the first half of 2024.

Nirarta Samadhi, Nation Director WRI Indonesia, acknowledged, “We consider that democratizing data about correct emissions monitoring could make a considerable contribution to the commercial decarbonization efforts in Indonesia. Due to this fact, it’s vital to streamline the info enter course of to assist firms overcome challenges in exactly estimating their emissions, which regularly come up from advanced knowledge presentation and complex knowledge entry procedures. Given WRI Indonesia’s deal with science-based industrial decarbonization, we’re happy to have contributed to the event of ECOVISEA by offering steerage on methodology and guaranteeing adherence to the GHG protocol.”

ECOVISEA upholds the privacy policy for the corporate’s knowledge inputted into the device, which can be solely used for calculating the corporate’s GHG emissions. The device will briefly retain the info inputs for the aim of producing the dashboard because of calculating the corporate’s GHG emissions. ECOVISEA additionally integrates with the info privateness system, which limits the authority to entry, enter, and modify the corporate knowledge to solely the accounts registered utilizing the corporate’s e-mail area.

For extra info, please go to ecovisea.com.
 
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