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HRCarbon aims to bring sustainable innovation and certification to clients around the world

HRCarbon, a Toronto-based consulting and education firm specializing in carbon management, will soon be partnering with Ontario colleges to help companies in Canada and around the world lower their carbon footprint and, as founder Jay Parmar says, better engage in "climate risk management."

Under a program announced this month, the company will partner with Durham College to develop software to help companies assess and manage their transportation-related carbon emissions. And in a separate partnership that is awaiting announcement by a government agency, according to Parmar, HRCarbon will help develop a course to see 180 students—drawn from existing professionals such as accountants and lawyers— obtain certification as Greenhouse Gas Inventory Quantifiers, in project management and in LEED certification. Parmar points out that HRCarbon is currently the only firm in the world offering education that leads to CSA certification for Greenhouse Gas Inventory Quantification.

Founded four years ago, HRCarbon discovered that in its early consulting meetings, up to 80 per cent of time was being taken up simply explaining the concept of climate change risk management. So they established educational courses on the subject targeted at corporate clients. Since then, the company has established offices in the US and UK and offered its services around the world.

Parmar says the future is bright for the industry. "Every job out there is going to have sustainability embedded in it. And companies will need professionals who understand the risk metrics associated with it." Just as accountants have always helped companies manage their financial risks, he says, they will need to track, measure and manage the risks associated with their carbon footprints. That will become increasingly important as more countries introduce carbon taxes.

Parmar says the company expects to do some hiring over the next year, but cannot say exactly how many new staff will be added. However, he points to still another growth area. "We've partnered up with the CSA and Cushman Wakefield to develop green business standards through a registered Carbon Neutral Program," he says. That program will be launched in July.

Writer: Edward Keenan
Source: Jay Parmar, founder, HRCarbon
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