Corporate Carbon Footprint
The Carbon Footprint of the organization is the indicator by which an organization measures its environmental impact and its contribution to global warming expressed in CO2 emissions.
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Corporate Carbon Footprint
The determination of the corporate carbon footprint is carried out along the value chain.
Scope 1, Scope 2, and Scope 3 are relevant to your organization and provide an overview of the negative environmental impact associated with climate change. Our sustainability consultancy methods will help you in assessing your corporate carbon footprint.
Scope 1 emissions (direct)
Scope 1 - CO2 corporate emissions are “direct emissions” from sources that are owned or controlled by the company; from transport (consumptions made by owned fleet), the combustion of fuels in stationary sources like boilers, furnaces, and incinerators, manufacturing or processing of materials and chemical, fugitive emissions (including methane emissions from coal mines), and production of electricity from burning coal.
Scope 2 emissions (indirect)
Scope 2 emissions or indirect emissions are the emissions released into the atmosphere from the use of purchased energy, emissions which are generated at another facility such as a power station.
Scope 3 emission (indirect)
Scope 3 emissions include all other indirect emissions that occur across the value chain and are outside of the organization’s direct control such as employee business travel (like flying on a commercial airline), employees commuting to and from work, the extraction and production of purchased materials, transportation of purchased fuels, transportation and use of sold products, transport and disposal of waste.
Calculation method
GHG Standard Protocol applies. To calculate the direct and indirect emissions many dates are needed regarding consumption and production. In short, appropriate fuel emission factors are multiplied with different energy consumption quantitative data.
Why the CO2 emissions calculation are so important?
Your organization, by doing its activity, consumes energy, or other stakeholders consume energy to provide services or produce material for your company just to make sure it operates. Thus, in principle, because your activity is running, it produces emissions, direct or indirect. Depending on the industry, Scope 3 emissions represent at least 70% of an organization’s total emissions, for which you are responsible to a certain extent.
A major part of this emission can be quantified in CO2 emission using internationally accepted transformation factors. The GHG Standard Protocol gives a clear overview of how this quantification should be performed. The emissions your company is responsible for are added to the global emission tracking for anthropogenic activities. Thus, your organization contributes to the global warming potential. You also need to deliver mitigation actions for those areas where you can interfere. By doing that, you will be part of the worldwide movement to keep global warming under 1.5 °C, which, according to scientists, is a must; otherwise, humanity will not survive on this planet.
With our sustainability consultancy methods, we can help you with this evaluation. This analysis lets you determine the critical points and areas where you can reduce this impact through specific projects. It is the starting point in committing to a decarbonization plan relevant to your organization.
Whether you want a Net Zero decarbonization plan or a decarbonization plan that addresses neutrality, you can design the first scenarios to reduce carbon emissions to ensure you make a key contribution to the EU’s Climate Neutrality Target by 2050. Applying specific standards, we are here to help.
Benefits:
- Receiving an overview of the climate impact generated by your organization. You will have accurate data for correct annual reporting according to the GHG Protocol standard and you will be able to create yearly comparisons to track progress/regression on reducing emissions in case of initiation of impact-reducing projects.
- Identification of areas where you can contribute, as well as possible causes and areas of intervention to reduce the impact. It will help you focus on future carbon reduction plans and make a key contribution to the fight against climate change. On the other hand, it is important to know the amounts of CO2 emitted throughout the value chain because, in the future, carbon emissions will be taxed.
- Development of a proper decarbonization strategy and action plan and work/co-create with other upstream and downstream stakeholders and, last but not least, confidently take on specific targets that contribute to global targets.
Planning
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