Direct Energy Business

Direct Energy Business

April 15, 2009 09:01 ET

Enterprise Carbon Management for Business

Direct Energy Business and e3 Solutions Bring Carbon Management Solutions to North American Businesses

TORONTO, ONTARIO--(Marketwire - April 15, 2009) - Direct Energy Business, one of North America's largest commercial retail energy suppliers, and e3 Solutions Inc (e3)., a leading independent software vendor (ISV) of environmental and carbon management and accounting solutions, announced today that they will be working together to bring e3's Enterprise Carbon Management (ECM) solutions to North American businesses. The ECM solution enables companies to efficiently measure, monitor and verify their carbon footprint, thus allowing carbon reduction strategies to work effectively.

"Peter Drucker's quote 'What gets measured, gets managed' truly applies to carbon emission management," said Dave Grupp, Director - Renewable Energy, Direct Energy Business. "e3's solution enables Direct Energy Business to provide our customers with easy-to-use carbon accounting tools that will enable them to understand their emission levels, help them develop deployable solutions and achieve their broader energy and sustainability goals."

With enterprise carbon management an increasingly critical operational risk, e3's ECM delivers greenhouse gas (GHG) monitoring, management and reporting capabilities to help large organizations meet shareholder requirements, fulfill regulatory obligations, and assume a leadership role on climate change. Whether serving one of Direct Energy Business' large industrial clients or a multi-site National Account customer, e3's ECM solutions allow for investment grade verification of carbon emissions while managing all enterprise assets that impact GHG. The software can also be used to track sustainability-related key performance indicators (KPI's) and also identify projects that can be used to reduce carbon emissions of the firm.

Kevin Coyne, President and CEO, e3 Solutions Inc. added "Direct Energy Business is a perfect fit for e3's ECM offering because our perspectives on carbon and energy management are so closely aligned and they are a customer as well as strategic partner. They are not only talking the talk, but walking the walk when it comes to taking sustainability initiatives seriously."

In 2008, e3 Solutions successfully assisted Direct Energy in establishing a baseline of its carbon emissions, developing a carbon management strategy and setting measurable targets. Chris Perrault, Senior Director, Climate Change Strategy, Direct Energy, noted that "after seeing the power of e3's solution applied to Direct Energy's North American operations, we knew that our customers would see tremendous value in the product."

About Direct Energy Business

Direct Energy Business is one of North America's largest commercial retail energy suppliers and a Direct Energy company. With more than 20 years of industry experience, Direct Energy Business is dedicated to helping customers make cost-effective choices for their electricity and natural gas requirements. Headquartered in Pittsburgh, PA, Direct Energy Business serves nearly 50,000 customers in 14 states, the District of Columbia and five Canadian provinces. Direct Energy is wholly owned by Centrica plc. (LSE:CNA), one of the world's leading integrated energy companies. To learn more, visit www.directenergybusiness.com.

About e3 Solutions

Leading the industry in the delivery of enterprise carbon management software, as well as incident management and environmental risk management systems, e3 Solutions helps organizations across North America measure, monitor and verify their GHG emissions. No one can afford to take a backseat approach to quantifying and managing carbon-related risk any more. Give your organization the critical advantage of e3's powerful, real-world proven solutions. e3 is investment partners with the New Carbon Economy Fund (NCEF) http://www.newcarboneconomyfund.ca for more on e3 visit www.e3solutionsinc.com.

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