Smart Engines achieves carbon neutrality
By SSN Staff
Updated 2:51 PM CDT, Mon June 19, 2023
YEREVAN, Armenia – OCR, bank card and QR code scanning systems developer Smart Engines has announced that their company achieved carbon neutrality thanks to their participation in forest restoration projects.
Beginning in May this year the company said that they planted 3,500 English Oak saplings in a UNESCO-sponsored biosphere reserve. That particular species of tree is both on the list of threatened species and is one of the most efficient trees at absorbing carbon, following Aspen and Birch. “One hectare of oak forest can absorb 212 tonnes of carbon in 50 years,” the company said in a release.
This marks the second reforestation initiative support by Smart Engines. These activities are part of the company’s 2020 Environmental, Social and Governance (ESG) strategy, which aims to reduce energy consumption and offset their carbon footprint.
‘In the global market for AI solutions, we are agents and promoters of responsible technology development and smart consumption. Our company has minimized the environmental impact of our activities. On the one hand, at the level of algorithms, we are constantly reducing computational complexity and thus energy consumption. On the other hand, we plant trees to offset our carbon footprint,’ said Smart Engines CEO Vladimir Arlazarov.
More details on Smart Engine products and services is available at smartengines.com
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