New Web App to Save Energy, Money

Introducing GRITS 1.0 and GRITS Affiliates

On Earth Day (April 22)  the Sustainable Endowments Institute launched the full Green Revolving Investment Tracking System (GRITS) 1.0, a webtool that streamlines the tracking and calculation of project-level energy, financial, and carbon data to help promote greater institutional sustainability and track efficiency investments. Along with the launch of GRITS 1.0, SEI has created the new GRITS Affiliates Program that allows institutions outside of The Billion Dollar Green Challenge to use GRITS 1.0 by subscription in the United States and Canada. Read the official press release here.

GRITS 1.0

GRITS 1.0 is an online tool designed to better manage financial and environmental performance and achieve sustainability goals. The tool offers a bridge between management and performance reporting by creating a space to track, analyze, and share data on specific projects or groups of projects–well beyond the capabilities of spreadsheets.

With GRITS, your team can:

• Access and learn from the field-tested work of peer institutions,
• Facilitate investments in efficiency projects by enabling fund administrators to easily and clearly communicate with stakeholders,
• Simplify calculations of project-specific carbon and financial savings on both annualized and estimated life-of-project timeframes, and
• Create customized reports that tell the story of current and anticipated financial and environmental performance.

Please email GRITS@GreenBillion.org with questions, comments, and to see first-hand the improved GRITS tool. SEI is also offering interested institutions and organizations can also sign up for a free, 2-week trial access.

Free Webinar- First Look at GRITS 1.0 and GRITS Affiliates

SEI hosted a special demonstration of GRITS 1.0 and the GRITS Affiliates program before its public launch on Earth Day.  The webinar took place on Thursday, April 17 at 2:00 PM EDT. You can view a recording of that webinar here.

The graph above is taken from the new GRITS 1.0 Reporting feature. With GRITS, users can create visuals that demonstrate energy, carbon, and financial savings, track cash flow and expenditures, and show payback periods, ROI, and project performance over time.