What’s New At Fitsol?
New Episode of 2° Talks – A Fitsol Podcast
In our second episode, Fitsol Founder & CEO Anand Pathak sits down with Shankar Ramalingam, a veteran leader with 40+ years at Tata Motors, TVS, and Foton, and now Co-Founder of Linkmiles Mobility. From steering IPOs to building India’s largest zero-tailpipe-emission last-mile delivery platform, Shankar brings unmatched insights on logistics, mobility, and sustainability. He shares his perspective on how logistics can drive the net-zero transition, where companies should begin tackling Scope 3 emissions, the first use cases for AI in carbon reduction, and why sustainability should be seen as a growth driver, not a cost. Tune in now to hear how India’s supply chains are being reimagined for a low-carbon future.
Catch it on our YouTube channel - ClimateConversationsbyFitsol
On the Agenda: Events & Panels Featuring Fitsol
Webinar Alert: Towards a Net Zero Bharat – Sustainable MSMEs Powered by Fitsol Kyoto
MSMEs are the backbone of India’s economy, and now, they have a critical role in driving our Net Zero mission. Join us for an exclusive webinar designed to help small and medium enterprises integrate sustainability into daily operations while staying compliant with evolving climate regulations.
The objective of the webinar is to equip MSMEs with practical tools and strategies to enhance compliance, boost efficiency, and contribute meaningfully to India’s Net Zero journey.
Participating MSMEs will receive free trial access to the Fitsol Kyoto Platform, an AI-powered sustainability and decarbonization tool. This includes capacity building, handholding support, and expert guidance to measure, monitor, and reduce emissions without financial barriers.
Date: Monday, 15th September 2025
Time: 04:00 – 05:30 PM
The Fitsol Fix
Every industry faces unique challenges on the road to sustainability, whether it’s fragmented emissions data in manufacturing, regulatory pressure in shipping, or sourcing complexity in procurement. Fitsol helps businesses overcome these barriers with AI-powered tools, carbon accounting solutions, and tailored decarbonization strategies. In this section, we spotlight sector-wise challenges and how Fitsol turns them into opportunities for compliance, efficiency, and long-term value.
Stay tuned for our upcoming editions, where we break down sector-specific challenge, and how Fitsol is solving them.
Around the World: Trends Shaping Climate & Business
Spain Tightens Climate Rules: Mandatory Carbon Reporting from 2026
Spain has unveiled a sweeping climate emergency plan that tightens corporate disclosure rules and accelerates the country’s clean energy transition. Under the new law, companies must begin reporting carbon emissions in 2026 for 2025 data, covering Scope 1 and Scope 2 emissions. Large businesses will also be required to include Scope 3 emissions from 2028. From 2026, all entities must submit greenhouse gas reduction plans with at least five-year targets, making early engagement critical.
Alongside stricter reporting rules, Spain is ramping up renewable energy with ambitious 2030 targets: 81% of power generation from renewables, 21 GW of new solar capacity, and 12 GW of hydrogen electrolysers. Already, more than half of Spain’s electricity comes from renewable sources.
Source: ESG News
Vietnam Sells 1 Million Tons of CO₂ Reductions to World Bank
Vietnam has approved the transfer of one million tons of surplus CO₂ reductions from plantation forests to the World Bank’s IBRD under its Emission Reductions Payment Agreement. Valued at about $5 million, the deal will channel funds to forest owners, local authorities, and sustainable livelihood programs in five provinces. While 95% of credits will be reassigned back to Vietnam for its Paris Agreement commitments, the move shows how carbon markets can both fund community development and advance national climate goals.
Source: ESG News
Study Finds Carbon Storage Potential Far Smaller Than Industry Claims
A new study in Nature shows that the world can safely store only about 1.46 trillion tons of CO₂ underground, nearly ten times less than industry estimates. The research, led by the International Institute for Applied Systems Analysis with Imperial College London, found that once risks like leakage, earthquakes, groundwater contamination, and proximity to population centers are considered, the potential to curb warming through storage is far more limited than previously assumed.
Instead of the 5–6°C reductions suggested by engineering models, safe storage capacity would only lower global warming by about 0.7°C. As of early 2025, just over 50 million tons of CO₂ storage capacity is operational worldwide, with projections to reach 670 million tons by 2030, according to the IEA. Researchers emphasize that carbon storage should be used carefully to halt and reverse warming where possible rather than to justify continued fossil fuel use.
Source: Bloomberg
China to Impose Absolute Carbon Caps by 2027 in Key Industries
China announced it will tighten its national carbon trading system by introducing absolute emissions caps in certain industries for the first time starting in 2027. The move, detailed in a statement from the State Council and Communist Party leadership, signals a major shift from the current system that relies on carbon intensity benchmarks. By 2030, China aims to fully establish a nationwide emissions trading scheme (ETS) with caps, covering major industries and replacing the eight pilot markets launched in 2021.
The ETS will expand to sectors such as steel, cement, aluminium, chemicals, and aviation, while also opening participation to banks and financial institutions to boost liquidity. Analysts note that China views carbon markets as a “key tool” in achieving its decarbonization goals. However, the system’s impact will depend on how free allowances are phased out. With the new timeline, industries and investors now have greater clarity on how the world’s largest emitter plans to use market mechanisms to drive its net-zero transition.
Source: Reuters
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.