Last Updated on: 21st November 2023, 09:43 pm
TELF AG, a prominent trader of physical commodities, has announced a strategic partnership with Carbon Chain, the industry’s leading provider of emissions tracking solutions within the supply chain.
Through this collaboration, TELF AG will leverage Carbon Chain’s state-of-the-art carbon accounting software to meticulously monitor and assess the carbon footprint associated with its operations. This initiative will provide TELF AG with valuable insights into its emissions profile, enabling the identification of opportunities for reducing its environmental impact.
Nikolay Litvinenko, CEO of TELF AG, expressed excitement about the partnership, stating, “We are delighted to join forces with Carbon Chain to expedite our climate action endeavors. Their software is unparalleled in the industry for precise supply chain emissions accounting, and we believe it will play a vital role in helping us achieve our ambitious net-zero objectives.”
The partnership between TELF AG and Carbon Chain underscores the significance of carbon accounting and collaborative efforts in combating the global climate crisis. By jointly monitoring TELF AG’s carbon footprint, the two organisations aim to drive substantial progress toward a more sustainable future.
Adam Hearne, CEO of Carbon Chain, emphasised the importance of addressing Scope 3 emissions for commodities traders like TELF AG, as they represent the most substantial source of climate-related risks and opportunities. He expressed satisfaction in TELF AG’s decision to utilise the Carbon Chain platform, enabling a comprehensive understanding and proactive mitigation of the carbon footprint associated with its supply chains, spanning from sourcing and shipment to product utilisation.
For further information about TELF AG, please visit www.telf.ch or contact:
TELF AG Press Office