2025-06-12
markets

CarbonTool has announced its expansion into Ukraine, Turkey, Cyprus, and the Middle East, extending its reach in supporting decarbonization efforts in the real estate sector. The platform, which provides emissions tracking and sustainability reporting tools, will now serve projects across these new markets, with a continued focus on reducing Scope 1 and 2 emissions. According to CEO Răzvan Nica, the expansion builds on the collaboration between CarbonTool and BuildGreen and is aimed at strengthening the company’s presence in the EMEA region. He noted that CarbonTool has already been used in numerous certification projects and reflects over three decades of combined experience in sustainability consulting. CarbonTool is designed for application across real estate asset types, including office, retail, industrial, and logistics, using automation and science-based methods to measure and reduce emissions. The expansion comes amid growing international pressure to align with evolving ESG standards, such as the revised LEED v5 framework, which places greater emphasis on carbon reduction. In parallel with its geographic growth, CarbonTool is launching Version 2.0 of its platform. The update introduces several new features to enhance usability and reporting capabilities. These include an integrated ESG module for tracking progress across frameworks such as GRI and CSRD, enhanced data visualization with dual-format metrics, and tools for grouping emission sources by class. Additional updates support automatic data uploads, customized KPIs, regional indicators, and document traceability. The platform’s redesign includes a new user interface, improved dashboards, regional language options, and streamlined reporting tools to support diverse user needs across its expanded footprint. CarbonTool currently monitors more than 6.2 million tons of CO₂e and has contributed to the reduction of 1.2 million tons across over 900 projects in 27 countries. Its emissions database includes data from across Europe, the Middle East, and Asia, providing location-specific accuracy for developers and ESG professionals.