- Management and IT consultancy MHP has partnered up with right°
- Software solution from right° provides transparency about the climate impact of economic activities in degrees Celsius
- In future, MHP will be able to provide its customers with even more specific advice on topics relating to decarbonization and sustainability compliance
Ludwigsburg – The Porsche subsidiary MHP and software manufacturer right° will be collaborating from now on in promoting climate protection. With its X-Degree Compatibility Model (XDC), right° has created a software solution for calculating a company’s CO2 budget in consideration of the 1.5 degree Celsius limit of the Paris Climate Agreement. The agreement stipulates that global temperature rise should ideally be limited to 1.5 degrees Celsius or to well below two degrees Celsius above the pre-industrial level, according to the BMZ, the German Federal Ministry of Economic Cooperation and Development. That was the only way to guarantee that development would remain resilient to the impacts of climate change.
right° creates transparency with respect to the climate impact of economic activities. The software solution XDC allows emissions to be controlled actively within businesses and to be decoupled from economic performance. In the process, not only are the specific requirements of the Corporate Sustainability Reporting Directive (CSRD) fulfilled, but an important contribution is made on the path to 1.5 degrees Celsius. MHP has joined the official partner program of right° and will now provide even more specific advice to its customer on topics relating to decarbonization and sustainability compliance in its role of strategic implementation partner. Thorsten Ertel, Associated Partner at MHP, explains: “Transformation consulting always needs a concrete starting point and a clear goal. Transparent and science-based key figures help with this. The right° metrics have the special attraction of measuring the transition in the same unit as the goal, namely in degrees Celsius.”
Beside the derivation of company-specific CO2 budgets and CO2 strategies, the key objective is to integrate active decarbonization into existing business processes and the IT landscape. “We know the existing process and system landscapes and establish sustainability requirements as an additional control parameter – for our customers’ long-term business success,” says Thorsten Ertel.
The partnership between right° and MHP was sealed on February 5, 2024 on the occasion of an official signing ceremony at the MHP Nuremberg office.
About right°
In 2015, the United Nations agreed to do everything in their power to limit global warming to 1.5 °C. In 2016, right° based on science (right° for short) was founded – with a strictly scientific approach and a clear goal: The software and metrics are designed to help companies seize the challenging targets arising from the Paris Climate Agreement as an opportunity to decouple economic success and CO2 emissions.
With the X-Degree Compatibility (XDC) Model, the right° founders, Hannah Helmke and Dr. Sebastian Müller, have developed a scientifically sound methodology that can be used to calculate complex climate impacts of companies, buildings, and financial portfolios (private and listed equity, bonds, government bonds) simply and intelligibly – in degrees Celsius – with the aid of climate metrics.
