UK-based Greenstone Carbon Management (GCM) and Camco, a provider of strategic, technical and financial services for carbon related issues, have developed a new online tool to help organisations measure and manage their carbon and energy reduction programs.

The companies said that they have combined their software and advisory services to develop the new web-based service, which will allow each individual site to measure, manage and learn how to reduce its own energy consumption in a cost effective and accurate way.

Users of the service will benefit from cross-sector learning and savings from bulk procurement of low carbon measures and services, according to the companies.

According to the 2008-2009 franchise survey carried out by British Franchise Association and NatWest, there are some 34,600 individual franchise units currently operating in the UK.

The launch of the new service coincides with the financial support from government Feed-in Tariff funding scheme, which is offering ‘Cash Rewards for Low Carbon Electricity and Heating’.

Matthew de Villiers, chief executive at Greenstone Carbon Management, said: “Many franchises want to reduce their carbon footprint and their energy consumption but are finding it difficult to put practical and technical solutions in place that are cost effective for their business.

“Added to that challenge the franchise model makes it difficult to get everyone on board internally if ROI is not demonstrated quickly and so our new online service addresses both those points in a simple way.”