Corporate Carbon Footprint
Last updated: 21st September 2022
For any business that is serious about climate action, the starting point is always the same: calculating your corporate carbon footprint (CCF).
How to calculate a Corporate Carbon Footprint
This lays the foundation for a carbon management plan—giving you unambiguous insights into your company’s greenhouse gas emissions, where carbon hotspots lie within your business and what targets you can set to reduce your climate impact.
We can help you measure Scope 1, 2 and 3 carbon emissions across your business in compliance with the Greenhouse Gas Protocol (GHG Protocol). These are defined as follows:
- Scope 1: Direct (greenhouse gas) emissions occur from sources that are owned or controlled by the company, for example, emissions from combustion in owned or controlled boilers, furnaces, vehicles, etc.
- Scope 2: Accounts for (greenhouse gas) emissions from the generation of purchased electricity consumed by the company
- Scope 3 emissions are a consequence of the activities of the company, but from sources not owned or controlled by the company. Scope 3 activities cover a wide range along a company’s entire value chain, including raw materials, logistics, business travel by the team, and how your employees commute to work. This category often accounts for a large chunk of your overall corporate carbon footprint
How you can gather data for each of these scope categories is described clearly ClimatePartner’s cloud-based software tool. Simply log into the software, fill out the data fields and we will guide you during the data collection process.
Once we’ve finalized data collection together, all the activity data you’ve inputted (e.g. miles that were driven in a company car) are translated into carbon emission equivalents. This software allows you to see how various facets of your business impact your footprint in real-time. The result is a report tailored to your business, with a breakdown of your corporate footprint and where your hotspots lie so that you can prioritise action based on materiality.
We believe carbon accounting will soon become as ubiquitous as financial accounting – if it isn’t already mandatory for you to report your GHG emissions, it will be soon. What is exciting about measuring your corporate carbon footprint is how these results can inform an ambitious climate action plan. Calculating a CCF baseline year is a pre-requisite to developing a Climate Action Strategy, setting Science Based Targets and a Roadmap to Net Zero.
Over time, you will develop a greater level of precision when it comes to your carbon footprint analysis. ClimatePartner’s product footprinting services allow you to delve into the value chains of your product ranges and get an accurate picture of the carbon emissions related to individual products.
Would you like to learn more? Contact us, and we will provide you more detailed information.
N.B. The information contained in this entry is provided by the above supplier, and does not necessarily reflect the views and opinions of the publisher
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