Heaptalk, Jakarta — TruClimate, an Indonesian climate tech startup, develops a carbon accounting platform called TruCount for enterprises in the country to compile reports on carbon emission reduction.
TruCount assists enterprises in calculating their emissions by collecting data about business activities. The platform then analyzes the data to produce reports and a carbonization roadmap for the companies.
In more detail, this platform utilizes a marginal abatement cost curve to define the initial steps companies should take to reduce their emissions. They will also need to review their costs to determine whether it is cheaper for them to buy carbon credits while reducing their own emissions in their processes.
“We want to help companies, especially corporates in Indonesia, to transition to net zero. First of all, we recognize that there are three steps for companies to transition. The first one is to calculate their emissions, the second is to reduce their emissions, and then thirdly, they need to offset the emissions through high-quality carbon offsets,” explained Debby Reynata, TruClimate’s Co-founder and CEO, during a discussion with Poempida Hidayatulloh, an environmental activist, on the Forum Carbon Indonesia YouTube channel.
Certified for GRI 305 and GHG protocol
This platform has been certified as the Global Reporting Initiative’s (GRI) official software partner. GRI is renowned for providing an international framework for companies to submit sustainability reports. Debby said, “We are certified for the GRI 305 for carbon emissions only. In Indonesia, we are the first and the only one. Our platform complies with GHG protocol, ISO 14064-1, and the GRI framework.”
GRI 305 addresses emissions into the air, which are the discharge of substances from a source into the atmosphere. Types of emissions include greenhouse gases (GHG), ozone-depleting substances (ODS), nitrogen oxides (NOX), and sulfur oxides (SOX), among other significant air emissions.
In addition, TruClimate has also developed carbon credit projects. Debby conveyed that her company assists corporations in converting their concessions into REDD+ or afforestation, reforestation, and revegetation (ARR) carbon projects. The startup helps supply carbon credits to companies that need to offset their carbon emissions.
“I hope that the carbon markets in Indonesia and Asia will develop as much as the international markets we aim for. There are regulations to be enacted. First, we must ensure that our national system registry aligns with international methodologies. We need to develop more technical knowledge and expertise. That’s why in the Acexi association, we gather experts to help and support the right regulations to be enacted in Indonesia,” Debby concluded.