Genpact & Climate Vault Join Hands to Accelerate Transition to Co2-Free Future

Chicago-based award-winning non-profit organization Climate Vault and New-York-based multinational professional services provider company Genpact have announced their collaboration yesterday (23rd August 2022). According to both companies, under this collaboration, they are combining Genpact’s technology and digital transformation expertise with Climate Vault’s quantifiable, integrated approach to carbon reduction and removal. By addressing the critical need for climate action, our alliance will enable more organizations to hasten the transition to carbon neutrality.

Despite the enormous demand from investors, consumers, and business leaders for carbon-neutral goods and services, there is a dearth of reliable, practical solutions on the market to meet those goals. Climate Vault is the first complete, verified solution in the world that enables businesses to quickly, easily, and credibly remove carbon from the atmosphere in addition to effectively reducing carbon emissions. The market-based solution offered by Climate Vault was specifically created for companies that care about the environment. It was founded by business leaders, Milton Friedman distinguished service professor of economics at the University of Chicago, and former White House economic advisor, Michael Greenstone.

In this ground-breaking partnership, Climate Vault will integrate Genpact’s digital technology and procedural know-how to strengthen its carbon removal and reduction solution. Companies will have better access at scale to market-leading and independently certified carbon removal programs thanks to the Genpact-Climate Vault alliance, which provides accurate, dynamic, real-time pricing in regulated carbon compliance marketplaces. Organizations can instantly access the scarce supply of carbon removal technology by utilising Climate Vault’s carbon reduction solution, having a significant and immediate impact.

Sanjay Srivastava, the chief digital strategist at Genpact, stated, “Climate change is a fundamental global concern that is fundamentally a problem of data and transformation. To achieving the sustainability agenda at scale is leveraging digital technology and data to create a frictionless platform for carbon reduction and removal. Our collaboration demonstrates Genpact’s dedication to environmental and social responsibility. We contribute the skills and technology Climate Vault requires to provide more firms with a smoother route toward carbon neutrality thanks to our experience and expertise in digital transformation.”