Success in Action: How Customers Thrive with SINAI

SINAI collaborated with the Bank of Montreal (BMO) to a) conduct an analysis of decarbonization opportunities for iron and steel production in North America, and b) assess the technological and commercial viability for the sector to achieve net zero. As a part of BMO’s climate ambition, they are committed to being their clients’ lead partner in the transition to a net-zero world, by identifying opportunities for their portfolio companies to reduce emissions, and support sustainable financing and impact investing.

The steel industry is one of the three largest industrial emitters of carbon dioxide globally. BMO collaborated with SINAI to perform an analysis of the sector due to its importance in the global economy. The results of this work were published in BMO Financial Group’s 2022 Climate Report.

First Sentier Investors engaged SINAI to transition from spreadsheet-based carbon accounting to a comprehensive, auditable GHG accounting software, enabling the firm to streamline emissions auditing, enhance scope 3 tracking, and develop decarbonization strategies.

This collaboration empowered First Sentier Investors to achieve their near-term renewable energy target of 80% renewable energy by 2025, strengthen audit readiness, and advance their efforts to drive sustainability.

Optimus Steel partnered with SINAI to replace spreadsheet-based carbon accounting with a centralized, auditable GHG management platform. With SINAI, this transition enabled the digitization of scopes 1, 2, and 3 emissions over the last five years, and supported an inventory structure for product carbon footprint (PCF) calculations. The detailed data allowed Optimus Steel to leverage data in SINAI to streamline the development of Environmental Product Declaration's (EPD’s) for their products. These achievements highlight Optimus Steel’s commitment to producing low-carbon steel and advancing sustainability.