Corporate Carbon Footprint
A carbon footprint is the measure of the greenhouse gas emissions in tonnes of carbon dioxide equivalent (tCO2e) directly or indirectly caused by people, organisations, events or processes. While the carbon footprint of the organisation was previously used to promote social responsibility, monitor supplier demand and drive marketing strategies, the European Green Deal now requires Scope 1 emissions to be calculated as a legal obligation in 5 sectors.
Scope 1, 2 and 3 emissions, calculated within the framework of the ISO 14064:2018 standard and the Greenhouse Gas Protocol Corporate Accounting and Reporting Standards by the GHG Protocol, refer to the greenhouse gas emissions because of the activities of a company.
It is important for companies to determine carbon footprints to evaluate their climate change impacts and develop future strategies.
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Emission Categories per Standards
- Direct GHG emissions and removals
- Indirect GHG emissions from imported energy
- Indirect GHG emissions from transportation
- Indirect GHG emissions from products used by organization
- Indirect GHG emissions associated with the use of products from the organization
- Indirect GHG emissions from other sources
Scope 1: Direct Emissions
Scope 2: Indirect Emissions
Scope 3: Other Indirect Emissions
- Purchased Goods and Services
- Capital Goods
- Fuel- and Energy-Related Activities Not Included in Scope 1 or Scope 2
- Upstream Transportation and Distribution
- Waste Generated in Operations
- Business Travel
- Employee Commuting
- Upstream Leased Assets
- Downstream Transportation and Distribution
- Processing of Sold Products
- Use of Sold Products
- End-of-Life Treatment of Sold Products
- Downstream Leased Assets
- Franchises
- Investments
Stages
Boundary Definition
It is important to determine the system boundaries; this is the first stage of carbon footprint assessment. Three scopes are available: Scope 1 (Direct carbon footprint), Scope 2 (Indirect carbon footprint) and Scope 3 (Other indirect carbon footprint).
Data Collection
Primary data is collected from the clients. Thanks to our expertise and deep sector knowledge, we develop sector specific data collection templates that ease the process for the companies.
Calculation
Once data collected, calculations are made using appropriate and accepted reference emission factors. With its access to global and sectoral LCA databases, Metsims can calculate all the emissions within the scope 1,2,3
Evaluation
After calculations, hotspots are determined and evaluated further. Reporting is done based on the assessed and evaluated results.
Verification
When required, our calculations can be verified by independent third-party verifiers. Metsims will always be available to provide necessary support during the verification process.
To support our carbon assessment service and provide a long term sustainable solution to our clients, Metsims Sustainability Consulting developed CAGE Carbon Management Platform available in 9 world languages. Detailed information about CAGE Carbon is available here.
Get in touch with us to hear success stories about our consultancy services on corporate carbon accounting and to get more information.
Managing and creating a strategy on carbon is a long-term process. The first step is certainly reliable and inclusive full scope calculations.
