TraceSafe Technologies Inc Deploys New Carbon Emissions Calculator as World Races Towards ‘Net Zero’

TraceSafe Technologies Inc has announced the launch of a unique, free carbon emissions calculator for the global events industry as the world races to fight climate change.

It comes after the IoT solutions company recently acquired carbon offset marketplace Offsety.

The company said the tool will help event organizers, venue owners and sports federations and provide unique insights into top sources of emissions, including the impact of individual teams and attendees.

“The race to net zero is on and it’s only a matter of time when commitments to carbon neutral events will be non-negotiable,” Wayne Lloyd, CEO of TraceSafe, told investors in a statement. “It can be an overwhelming experience if you are a small or medium organization trying to reduce your event’s carbon footprint.”

READ: TraceSafe Technologies congratulates partner Boustead Projects on winning prestigious Singapore Occupational Safety and Health Award

“Our experience with some of the largest sports federations, hotel and event organizers has uniquely positioned us to create this tool for anyone looking to embark on their journey to carbon neutral events. We are excited to offer this tool as part of our long-term strategy to support all areas of decarbonization for businesses of all sizes. From measurement and mitigation to offsetting and reporting, we will be a unique solution for the sustainable businesses of the future,” added the CEO of TraceSafe.

The company noted that the calculator is available for free at tracesafe.io/calculator. After calculating an event’s carbon footprint, organizers can offset their emissions by investing in TraceSafe’s high-quality offset projects around the world, he added.

TraceSafe said that increasingly major sports and events federations have recognized the importance of hosting carbon neutral events and made commitments in this direction, including the NHL, FIFA, Formula 1 and the International Committee Olympic.

He noted that the Paris 2024 Olympics have an ambitious goal of becoming the “greenest” games ever.

“However, the first step towards low or no carbon events is an accurate measurement of greenhouse gas (GHG) emissions. TraceSafe’s tool was designed to obtain this data in the simplest way. and as quickly as possible, in order to get organizations on the path to net zero,” the company said.

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