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One of our favorite sayings at Green Collar is "You can't improve what you can't measure". That is why we were so excited for this interview with Amit Chaterjee, CEO of Hara. Hara is the leading and fastest growing provider of
environmental and energy management software. Their mission is to enable organizations to grow and profit while optimizing resource utilization and minimizing environmental impact.
Hara's software helps companies track their "organizational metabolism" and centralize data about their energy, water, carbon and waste in order to use that information to create opportunity. Generally selling to Fortune 5000 companies, Hara has been proving itself to be a solution that creates "substantial cost savings" and "massive energy reductions". These often come as a surprise to many of their customers, who may have never taken a hard (or holistic) look at this information before. Amit tells us of one client who thought their enterprise energy expenditure was around $50 to $80 million per year, but with Hara they realized it was closer to $250 million. After the shocked expressions wore off (which probably took a while), they got to work and started slashing those numbers. Amit used a line which I loved..."it is better to lay off energy, than people." Amen to that.
The insight they are providing and working with their clients on exploiting is rapidly becoming respected and considered vital. As you will hear, Hara believes it is almost to the point where 'Sustainable" finance could be considered a critical discipline in a Fortune 5000 company.
Hara echoes the refrain we have heard Green Collar on many occasions, that the huge majority of businesses - even large businesses - do not have someone who is responsible for energy usage (not to mention carbon) across the enterprise. Shocking but true. My guess is that as Hara continues to accelerate and provide the data companies need to make good decisions, you are going to see a lot more companies who have someone responsible for ensuring the company makes smart decisions.
Listen to the Full Interview!