Calculation of the Carbon Footprint

Taking into account the company’s global risks makes it attractive for the investment market and competitive for international activities. Investors prefer companies that develop their services and production within the framework of ESG and sustainable development to a greater extent.

Compliance with international environmental requirements and a high position in the ESG rating shows the global market that the company is sustainable in the long term. At the moment, climate risks in the world are equal to financial risks.

What does Scope 1, 2, 3 mean

• Scope 1 – direct GHG emissions. Direct GHG emissions from own sources or assets.
• Scope 2 – indirect energy GHG emissions. Emissions that are generated due to the consumption of energy that is generated at external sources.
• Scope 3 – other indirect GHG emissions. The remaining greenhouse gas emissions that arise as a result of the organization’s activities.

We work according to the international GHG Protocol and ISO 14064 methods

The difference between these two documents is that the GHG Protocol defines, clarifies and provides options for the best methods for calculating greenhouse gases, while ISO 14064 sets minimum standards for compliance with these methods. The GHG protocol simplifies the comparison of companies due to a more complete categorization of emissions according to Scope 3, which allows better comparison of indicators, as well as more targeted strategies for managing emissions and reducing emissions. Like the GHG protocol, ISO distinguishes between direct and indirect emissions, but does not define the scope of application. Scope 1 emissions in the Greenhouse Gas Protocol correspond to direct emissions of ISO 14064, but in ISO Scope 2 and 3 are summarized in indirect emissions. In addition, ISO 14064 does not contain strict guidelines for the categorization of indirect emissions and imposes other requirements on the structure and content of the report. However, in fact, the emissions covered by both standards are almost identical and the methodologies complement each other – ISO defines what to do, and GHG explains how to do it.

We offer the following stages of work depending on the needs of the customer:

• Development of a greenhouse gas calculation methodology for your company that complies with the international GHG Protocol standard.
• Site visit, collection of information on production and supply chain in order to identify GHG emissions
• Calculation of greenhouse gas emissions by Scope 1,2,3. Depending on the company’s goals for reporting.
• Developing a greenhouse gas calculator for your company is a tool that allows you to automate greenhouse gas calculations specifically for your organization. You can enter data there manually or set up automatic filling from your information systems (1C, SAP).
• Development of a strategy to reduce greenhouse gas emissions to the organization in order to achieve carbon neutrality.

In parallel, our experts can train your specialists in greenhouse gas calculations and implement process automation.

• Financial marketsSecurities of sustainable companies that provide their reporting on greenhouse gas emissions have increased liquidity in the financial market.

   

• Requirements of exchanges
• Capitalization of the company
• Investor requirements
• Corporate requirements of the company and partners
• Separation from competitorsModern organizations, investors and buyers prefer companies that develop their services and production within the framework of ESG, sustainable development and take into account greenhouse gas emissions. Such companies are more competitive in the conditions of stricter environmental legislation.

   

• Improving business efficiencyGreen production is much more efficient as part of further development and improvement

   

• International statusCompliance with environmental requirements allows you to receive various favorable incentives and preferences

   

• Taxes and dutiesFor carbon-neutral companies, there are various legislative exemptions from states and international organizations.

   

• Requirements of buyers and customersActive eco-oriented consumers want to purchase environmentally friendly products and see company emissions reports

   

• Entering the export market
• Risk reduction
• Innovations

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