Sustainability Leader uses Mosaic™ to Automate Carbon Accounting
Boulder, CO (PRWEB) January 31st, 2011 —
Renewable Choice Energy today announced the
release of an extensive customer case study analysis on OCTAL, a global leader
in the packaging industry. OCTAL has achieved tangible business benefits including
cost savings, competitive advantage, strengthened partner relationships, and
increased employee retention from being one of the first in its industry to
track and publicly disclose the company’s waste, water, and carbon footprint as
well as an in-depth product-level carbon footprint.
makes the material used in the production of clear plastic packaging. In 2008
OCTAL invented a new manufacturing process to fabricate PET sheets for plastic
packaging called Direct-to-Sheet PET (DPET™). It reduces the manufacturing
process from nine steps to three. OCTAL’s innovation uses 67% less energy and
has a 25% lower carbon footprint than traditional PET manufacturing.
With the guidance of Renewable Choice, OCTAL
reports voluntarily and annually to the Carbon Disclosure Project (CDP), to the
GreenerPackage.com database, and it has also conducted a product level carbon footprint analysis for DPET™. Beyond just creating a product that is
better for the environment, OCTAL has taken steps to conduct its business operations
in the most sustainable and transparent way possible.
OCTAL uses Mosaic™, a carbon accounting tool from Renewable
Choice. Mosaic automates the carbon accounting process, replacing the manual
work of spreadsheets with a web-based tool. Switching to Mosaic from the manual
process has saved OCTAL an enormous amount of time and money: “We were trying
to measure emissions using an overly complex enterprise carbon accounting
system and found the project too costly and time consuming. In one month,
Mosaic accomplished more than we had in a year,” Mohammed Razeem, OCTAL
Sustainability Project Manager, explains.
Matt Wood, Director of Sustainability for Renewable Choice, describes what makes OCTAL different, “OCTAL is very proactive when it comes to disclosure and transparency in terms of their sustain¬ability efforts. They fully understand that conducting business in this way will pay dividends in the end. They also believe in efficiency in all areas of business and have seen great improvements since implementing Mosaic.”
reporting on carbon emissions has brought tangible business benefits to OCTAL. CEO Nicholas Barakat says, “Transparency has a
purpose – it enables you to perform at a higher level, it holds you to a higher
standard. We do not see it as a burden – we firmly believe it is simply good
the case study here.
Founded in 2001, Colorado-based Renewable
Choice Energy helps establish clients as leaders
in their industry by supporting sustainability initiatives that increase
transparency, reduce risk, lower costs, leverage competitive advantage and
improve stakeholder relations. Renewable Choice has worked with hundreds of
leading Fortune 500 and small companies alike and on over 2,000 LEED® green
building projects. Our team of experts can help clients meet and exceed a wide
range of objectives in the areas of the Carbon Disclosure Project, supply chain
sustainability assessments and scorecard programs, greenhouse gas (GHG)
inventories, carbon accounting, renewable energy credits, and carbon offsets. For corporate GHG inventories, Renewable
Choice offers Mosaic, a simple, scalable and automated web-based carbon
accounting software solution. Renewable Choice and our clients have received
prestigious awards from the EPA and DOE for supporting and expanding the
renewable energy market and have been featured in hundreds of media outlets
including The New York Times, Wall Street Journal, CNN, USA TODAY, and more. To
learn more, visit http://www.renewablechoice.com.
Read the posted press release here.