- Carbon management is moving up the corporate agenda and many companies now recognize and understand the need to handle their emissions.
- As leading firms force broad action on carbon management in their markets and value chains,those companies that ignore the issue risk being left behind.
- Multiple market drivers are increasing the importance of carbon management.
- These include energy costs, regulatory mandate, brand reputation, energy supply risks, employee expectations, talent management, financial risk competitive positioning and investor and customer expectations.
- The cumulative impact of costs, social and market expectations make carbon a strategic issue for companies today.
- Firms expect the impact of factors driving carbon management, and the value at stake, to continue to increase, making the issue a long term priority.
- Carbon management must be embedded through the business eco-system.
- The impacts of the different market drivers are not solely the responsibility of the sustainability department but are felt right across a company.
- Significant cost savings and potential new revenue streams dispel the carbon cost myth.
- Firms leading on carbon reductions are already experiencing benefits in the form of cost savings through areas such as energy reduction, waste minimization, travel substitution and a lowering of fuel use. In addition, revenue-fuelling innovation and marketing benefits open up new revenue streams.
- Action on carbon reduction reduces business risk: Risk mitigation benefits span regulation, brand trust and resource scarcity.
Our Solution
- Built on Microsoft Sharepoint 2010 Platform, it is workflow driven and provides wide range of analytics, dashboards and reporting capabilities for accounting and verification.
- Complies with The GHG Protocol, WRI & ISO 14064 standards
- Corporate Accounting and Reporting Standards: methodologies for business and other organizations to inventory and report all of the GHG emissions they produce.
- Project Accounting Protocol and Guidelines: geared toward calculating reductions in GHG emissions from specific GHG-reduction projects.
- Tracks the environmental and financial performance to improve sustainability, enhance operational efficiency and gain a competitive advantage
- Governance-driven themes – Compliance management, automated reports, early escalation, KPIs and goals, and audit
- Business-driven – GHG emissions and regulatory data capture
- Captures and consolidates data based on the GHG Inventory Protocol
- Accumulates the inventory position of emissions in real-time and sets targets for KPIs
- Drives compliance and operational excellence through real-time monitoring of targets at various levels of the company
- An audit trail tracks changes for system inspection
- A configurable model helps drill-down reports from a dashboard and account for sources of emission
