Stratistics MRC’s Global Carbon Footprint Management Market value is expected to reach $48.7 billion growing at a CAGR of 20.2% during 2023-2030.
A carbon footprint is the total amount of greenhouse gases (GHG) that a certain activity, person, or manufactured item releases into the atmosphere. When fossil fuels are used to create power, heat buildings, destroy forests, generate products, or move people and things, carbon dioxide is created, which is the most common greenhouse gas (GHG) emission.
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Asia Pacific is projected to have the highest CAGR over the forecast period. Stakeholders view the Asia-Pacific area as a potentially profitable opportunity as a result of its growing development and urbanization. The biggest scheme of its type, China’s carbon trading program, was officially launched in July. It’s significant to note that China is the nation with the highest carbon dioxide production rates. Rising concerns about regional CO2 emissions are expected to fuel the growth of the market for carbon footprint management. As part of the Paris Agreement, Indian officials have set a goal to reduce carbon emissions by more than 30% by 2030.
Some of the key players in Carbon Footprint Management market include Firstcarbon Solutions, Enablon, IBM Corporation, IsoMetrix Software, Dakota Software Corporation, Schneider Electric, ProcessMAP, Ecova, Envirosoft Corporation, Intelex Technologies ULC, Carbon Footprint Ltd, Laragon Sustainability Solutions, Engie, Verisae, Locus Technologies, NativeEnergy and Wolters Kluwer N.V.
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Key Developments:
In February 2023, Enablon and Makersite announced strategic collaboration to help enterprises reach ESG goals. The two industry leaders will help organizations manage Net Zero ambitions through decarbonizing supply chains.
In September 2022, Enviance acquired an ESG performance software platform and consultancy, Reporting 21. The Reporting 21 solution will be incorporated into Enviance/Cority’s Sustainability Cloud to better support customers in managing, reporting, and actioning their sustainability and ESG initiatives.
In July 2022, Trinity Consultants acquired an aquatic environmental consulting firm, Ecofish Research. This acquisition brings Trinity’s water ecology and aquatic sciences consulting service teams to approximately 250 professionals, with the ability to deliver a wide range of water ecology-related services.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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