HARITX

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AI Powered platform empowering climate action

Leveraging advanced AI, HaritX revolutionizes carbon management for businesses by offering precise tools for measuring and reporting critical data to decision-makers, including regulators, governments, international organizations, and enterprises, to initiate and monitor effective climate risk mitigation measures..

“A strong disclosure regime can help to attract capital and maintain confidence in the capital markets. By contrast, weak disclosure and non-transparent practices can contribute to unethical behavior and to a loss of market integrity at great cost, not just to the company and its shareholders but also to the economy as a whole” – OECD Principles of Corporate Governance

Onboard to HaritX

The Problem We're Solving

The Need for a Sustainable Future

The pressing need for a sustainable future stems from escalating environmental challenges endangering our planet’s health and the well-being of its inhabitants. Without significant changes to our current practices, dire consequences could ensue, resulting in more frequent and severe natural disasters, loss of biodiversity, and disruptions to human life and economies.

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Why HaritX?

Introduction

As the world strives towards a net-zero emissions future, ensuring the integrity and effectiveness of our actions is crucial. This is where HaritX comes in. Designed to bridge the gap between ambition and reality, HaritX offers a robust framework to measure, report, and verify (MRV) the climate-related activities of all stakeholders involved.

Our innovative AI-driven solution aims to address the challenges that undermine our efforts towards a green world

Credibility

HaritX enhances transparency, ensuring that every contribution is accurately recorded and assessed.

Greenwashing

By detecting discrepancies between reported actions and actual outcomes, HaritX guards against misleading claims that may hinder progress. Read More

Green Wishing

Our technology critically evaluates the feasibility and impact of proposed actions, helping stakeholders set realistic and impactful goals.

Optimize Environmental Impact with
HaritX Advanced Features

HaritX Advanced Features enables stakeholders to streamline processes, optimize capital use, and enhance efficiency, helping businesses minimize their environmental impact and promote sustainability.

Enhanced Emission Management

AI-driven automation significantly accelerates measurement of emission control processes

Smart Reduction Strategies

Boost decision-making capabilities through active reduction efforts and detailed simulations.

Streamlined Regulatory Compliance

Use advanced dashboards for compliance assurance and real-time reporting.

Our approach

As the impact of climate change becomes more apparent, the need for transparent sustainability reporting grows, driven by frameworks from TCFD, SASB, ISSB, and GRI, reflecting increasing regulatory demands.

HaritX: Our AI-Driven Tool

HaritX leverages these standards to offer detailed analysis and reporting capabilities. It assesses how companies manage and disclose:
  • Physical Risk: Providing interpretable risk analysis accessible to lenders and investors.
  • Transition Risk: Evaluating how well companies align their net-zero strategies with their corporate policies, focusing on effectiveness and credibility through quantifiable metrics and governance.

Compliance and Performance Evaluation

With the GHG Protocol’s delineation of Scope 1, 2, and 3 emissions, HARITX meticulously tracks both direct and indirect emissions, ensuring comprehensive reporting across the entire value chain. Furthermore, HARITX enables to integrate climate considerations into corporate governance and risk management practices, assessing adherence to:
  • Financial Supervisory Expectations: Examining how firms manage climate risks at the senior management level.
  • Prudential Policies and NGFS Recommendations: Observing global best practices and regulatory compliance, especially in varying institutional contexts.

Benchmarking of Green Instruments

For stakeholders utilizing Green Instruments like Green Bonds, HARITX evaluates adherence to the ICMA Green Bond Principles, ensuring the integrity and transparency of environmental investments.

Beneficiaries of the HaritX Solution

  • Regulators: HaritX can be used to accurately monitor and verify emissions data, ensuring compliance with environmental standards and facilitating more effective policy enforcement.
  • Banks: Utilize HaritX for enhancing the sustainability criteria within their lending processes.
  • Insurance Companies: Apply HaritX to improve underwriting practices with a focus on climate risks.
  • Asset Managers: Leverage HaritX for responsible asset management, integrating climate considerations.
  • Asset Owners: Use HaritX to guide climate-conscious investment strategies.
  • Energy: HaritX helps monitor and manage GHG emissions, energy usage, and sustainable practices.
  • Transportation: Utilize HaritX for improving efficiency and reducing environmental impact.
  • Materials and Buildings: Apply HaritX to ensure sustainable construction practices and material usage.
  • Agriculture: HaritX supports sustainable agricultural practices by monitoring resource use and emissions.
  • Food Industry: Use HaritX to track and optimize water and energy use, along with reducing emissions.
  • Natural Resources: Leverage HARITX for sustainable natural resources management and to monitor GHG emissions.
  • Commitment to Net Zero: HaritX assists in tracking progress towards net-zero targets.
  • Adaptation and Mitigation Policies: HaritX supports the development and implementation of effective climate policies.

Achievements & Recognition

HARITX proudly won 1st place at the prestigious Green Fintech Hackathon, hosted by IIT Jodhpur and RBI Innovation Hub. This recognition underscores our leadership in simplifying ESG compliance and driving sustainable financial innovation.

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India

sales@3cortex.com
+91 63040 79221