[London, 6th April 2023] - Consequence, a leading carbon management and decision-intelligence platform, is proud to announce its collaboration with High Speed 2 Ltd (HS2) to deliver a comprehensive, automated carbon accounting solution to reduce both carbon and cost. This collaboration aligns with HS2's ambitious 2035 Net-Zero targets and its commitment to sustainability in infrastructure.
The AI-powered Consequence platform will enable HS2 to accurately track, calculate, and report scope 1, 2, and 3 emissions, accelerating and automating manual workflows across the carbon accounting process. Ultimately, it will put this data into the hands of decision-makers across HS2 to drive sustainable, cost effective decision-making.
"We are thrilled to partner with HS2, helping them achieve their ambitious sustainability goals while setting a gold standard for the industry," said James Poulter, CEO of Consequence.
Key objectives include delivering a comprehensive carbon footprint for HS2 and empowering stakeholders across the organisation to unlock carbon reduction opportunities. Consequence's user-friendly interface will allow stakeholders to effectively engage with emissions data, driving sustainable decision-making.
The collaboration is expected to deliver significant time and cost savings for HS2. In the first year alone, the platform will reduce the time spent on carbon footprint calculations by 80%.
By automating workflows in HS2's carbon accounting, Consequence is transforming the way HS2 and its supply chain approach sustainability. The platform's advanced features, including streamlined data collection and AI-powered calculation & reporting, will ensure HS2's journey towards Net-Zero is efficient, transparent, and accountable.
Consequence is a cutting-edge carbon accounting platform that enables construction projects and companies to achieve net-zero. With a focus on automating manual workflows, Consequence accelerates data collection, categorization, and calculation to drive sustainable decision-making.
About High Speed 2 Ltd (HS2):
HS2 is the UK's new high-speed rail network, designed to transform rail connectivity and capacity, while reducing journey times between major cities. Committed to driving sustainable development, HS2 aims to achieve Net-Zero by 2035, setting new standards for environmental performance and innovation in the construction and transport industries.