According to the leading GHG Protocol corporate standard, a company's greenhouse gas emissions are classified into three scopes. Scope 1 and 2 are mandatory to report, whereas scope 3 is the hardest to monitor. However, companies succeeding in reporting all three scopes will gain a sustainable competitive advantage.
Our approach starts with fully understanding your organisation, the data you need to manage and the challenges that you face.
Working with us will ensure that your business has a carbon reporting approach that is aligned to world leading standards and supports decision making whilst being practical, proportionate and rooted in scientific data. Our approach will provide the following benefits:
• Report with confidence – reporting carried out to world-leading standards
• Resolve boundary setting challenges and select which scope 3 impacts to report on
• Overcome data challenges and gaps with ease using our simple in house emission models.
Reporting excellence
We will support your business to ensure that the company's carbon emissions reporting is aligned to the World Resource Institute (WRI) standards and GHG Protocols for best practice reporting. Our emission factors and models are sourced from the world's leading agencies including Defra, the International Energy Agency, the UN Statistical Division and EDGAR. You will receive a carbon footprint that covers scope 1, 2 and 3 emissions (if selected).
Scope 1
- DIRECT EMISSIONS - GHG emissions that are directly generated by sources that a company owns or controls. Examples include emissions from company-owned vehicles, boilers, furnaces, or other equipment that burns fossil fuels on-site. It also includes emissions from industrial processes like chemical reactions in manufacturing. Scope 1 emissions are typically the most straightforward to measure because they are under the company's direct control.
Scope 2
- INDIRECT EMISSIONS - Emissions associated with the consumption of purchased energy, like electricity, steam, heat, or cooling. Although the company doesn’t produce these emissions directly, they result from the production of the energy that the company uses. Companies can reduce Scope 2 emissions by purchasing renewable energy or investing in energy efficiency measures.
Scope 3
- OTHER INDIRECT EMISSIONS - Non-reductive indirect emissions that occur in a company's value chain, both upstream and downstream. This scope is often the largest and most complex, as it covers a wide range of activities such as emissions from suppliers, business travel, employee commuting, waste generated in operations, transportation of goods, and even the use and disposal of the company's products. Managing Scope 3 emissions requires collaboration across the supply chain and customer base.
How we select our carbon credits
Our rigorous climate project due diligence follows the Core Carbon Principles to ensure our clients get access to climate projects of the highest quality and standards.
- Third-party verification: All our climate projects have been third-party vetted to ensure the climate project delivers what it promises.
- Financial, legal, and ecological additionality: The additionality assessment checks whether the measures taken in the project would have happened in the absence of the project.
- Permanence assessment: We assess the permanence of the taken measures to make sure the climate project has a long-lasting impact.
- Reversal risk mitigation assessment: We make sure that the project and its methodology consider potential reversal risks and address them.
- Conservativeness assessment: We check if the quantification models applied and its methodology are appropriate and conservative.
- Double counting assessment: The reductions and removals are only counted once and the credits can't be sold to multiple entities.
Non-Reductive Emissions (Scope 3 categories we help you measure)
- Vehicles — Trucks, vans, taxis, and cars
- Fulfilment — Parcels and hubs
- Flights — Commercial and air freight
- Shipping — Passenger and cargo
- Trains — Passenger and rail freight
- Accommodation — Hotels and vacation rentals
Reduction By Business Function
The argument for global companies to reduce their greenhouse-gas (GHG) emissions is clearer than it has ever been:
- Business operations around the world are now subject to greater climate and transition risks.
- Consumers are clamouring for eco-friendly products and responsible corporate behaviours.
- Investors are increasingly embracing capital-allocation strategies that take environmental, social, and governance (ESG) issues into account.
- Policy makers and government organisations are exploring the potential regulation of carbon emissions.
A wide range of strategies are available to help organisations reduce their greenhouse gas (GHG) emissions.
- Energy Efficiency
- Renewable Energy
- Supply Chain
- Waste Reduction and Diversion Strategies
- Reduce Methane Emissions
- Increase Fuel Efficiency in Transportation and Logistics
- Additional Resources
We are here to help you efficiently and effectively achieve your targets in each and every sector of your business.
We work within the IFRS Sustainability Disclosure Standards, which now include SASB standards and the International Sustainability Standards Board (ISSB). We measure and report via the GHG protocol standards for all corporate emissions statements.