The Fitsol Greenprint – 67th Edition

What’s new at Fitsol

Product spotlight: Try with AI – A Smarter Way to Enter Your Carbon Data

Fitsol’s brand new AI-powered engine ‘Try with AI’ makes entering emissions data hassle-free. Clients can now upload any format—CSVs, PDFs, invoices, or scanned bills—and our system instantly extracts and organizes the information. Just map your columns if needed, review the results, and submit. It’s a seamless, smart, and scalable way to simplify carbon tracking and accelerate your sustainability journey.

Fitsol Goes Global– Now Expanding to the UAE!

We’re excited to announce that Fitsol is expanding to the UAE, bringing our advanced climate-tech solutions to support businesses in one of the fastest-growing sustainability markets. The development comes at a strategic time just as the country enforces its first unified climate law — Federal Decree-Law No. 11 of 2024, activated on May 30, 2025. This landmark regulation mandates businesses to Measure, Report, and Verify (MRV) their emissions, marking a major step toward a low-carbon economy in the region.

As the region takes a bold leap toward net-zero, Fitsol’s AI-powered carbonSaaS is ready to help businesses stay ahead with fast, accurate reporting and full compliance. More details coming soon — but the future of climate accountability in the UAE starts now.

On the Agenda: Events & Panels Featuring Fitsol

Fitsol CEO Anand Pathak Joins Minister-Led Delegation to Switzerland & Sweden

We’re proud to share that Anand Pathak, CEO of Fitsol, has been invited to join the prestigious CEOs delegation to Switzerland and Sweden, led by Hon’ble Minister of Commerce & Industry, Shri Piyush Goyal. Organized by ASSOCHAM, the high-impact delegation aims to deepen India’s engagement with the EFTA bloc. Highlights include ministerial briefings, CEO roundtables, SWISSMEM business sessions, and Industry Day—featuring over 1,000 Swiss companies. For Sweden, the focus areas include Green Energy & Climate Solutions, Healthcare and Life Sciences, Semiconductors and Electronics, Digital Innovation and Emerging Technologies, Urban Sustainability and Waste Management, Electric Mobility, and Infrastructure, amongst others.

Date: June 9 – June 12, 2025

Fitsol at the Forefront of Carbon Market Innovation

We’re proud to announce that Vikas Kalra, Chief Business Officer at Fitsol, will speak at the upcoming conference on Carbon Markets & Decarbonizing Industries. The event will bring together policymakers as well as industry leaders, and climate innovators to explore how carbon markets can accelerate India’s transition to a sustainable economy. With a focus on market-based frameworks, industrial decarbonization, and next-gen climate solutions, this forum will set the tone for actionable change and collaboration.

Date: 16 June 2025
Time: 9:00 AM – 4:30 PM
Venue: Le Meridien, New Delhi

Photo by Marcin Jozwiak on Unsplash

Around the World: Trends Shaping Climate & Business

Singapore and The Philippines sign legally-binding carbon credit deal

A legally binding agreement on carbon credit collaboration is currently being signed between Singapore and the Philippines. This marks a significant move in climate and sustainability talks and efforts across Southeast Asia. The announcement was made by President Ferdinand Marcos Jr. and newly re-elected Singapore Prime Minister Lawrence Wong during a bilateral meeting held in Malacañang on Wednesday. Singapore and the Philippines will collaborate on a carbon credits mechanism in line with Article 6.2 of the Paris Agreement by commencing negotiations on an implementing arrangement.

Source: Inquirer

EU’s New Carbon Tax to help gear away from fossil fuels

The EU's new carbon pricing system, EU’s New Carbon Tax or ETS2, is all set to come into force in 2027. As part of its rules, it places a price on diesel, petrol, and heating fuels. It is projected to generate nearly €300 billion by 2032. A recent T&E study recommends that at least 50% of these revenues be returned to low- and middle-income households, while the rest is invested in green infrastructure. This dual approach supports a just transition as fuel prices rise. T&E also urges reforms to stabilize carbon prices around €55/tonne. With the right reinvestment strategy, ETS2 could become a powerful driver of climate action and social equity.

Source: Clean Technica

EU targets 90% emissions cut by 2040

The European Commission (EC) has planned to announce an ambitious 90% emissions reduction target for 2040 on July 2. This move further strengthens EU’s global positioning in climate leadership. The EC conducted a recent assessment that states that the bloc would be able to meet its target of 55 percent cut in emissions by 2030. However, there are still certain gaps that persist, including challenges such as energy poverty, lagging energy efficiency, and underperforming land-use strategies. The EU is still working on 310 megatonnes of CO₂ to be absorbed by the forests and lands, annually, by the end of the decade.

Source: Know ESG

As the number one decarbonization solutions provider, Fitsol is proudly setting the standard for credible, tech-driven climate action across the carbon value chain. Join us as we take charge in redefining sustainability for a greener tomorrow.