A group of ESG experts, carbon reduction enthusiasts and IT specialists from all over the world.
Starting from 2022 we’ve been continuously researching the CO2 emissions market and governmental sustainability requirements.We place the discovered insights at the heart of our solution, a cutting-edge GHG emissions manager. We also partner with educational institutions to develop innovative ways of calculating emissions and constantly enrich our proprietary database.
is to make climate care affordable for every company.
A complicated approach and expensive solutions make it mostly accessible to only “elite club” members.
Companies outside of this club that are required to report face a tough, time-consuming and pricy procedure. Majority of SMEs cannot afford the whole sustainability department or expensive consulting.
We want every company to gain access to monitoring, reporting and reducing their carbon emissions, which we hope will eventually lead to a greener future. That’s why we provide a fast, user-friendly and affordable solution to calculate,track and report a carbon footprint.
Climate care is essential and should be smart and transparent. Calculating, reporting, and reducing greenhouse gas (GHG) emissionsare important practices for every company for several compelling reasons:
GHG emissions, particularly carbon dioxide (CO2) and other gasses, cause climate change. By calculating, reporting, and actively reducing these emissions, your business plays a crucial role in mitigating climate change and minimizing its overall impact on the environment.
Governments worldwide are implementing and tightening regulations related to GHG emissions. Calculating and reporting them help stay in compliance with existing and future legislation, reducing the risk of legal consequences, fines, or sanctions. Good examples of sustainability laws are CSRD, CBAM in Europe, SEC regulations in the USA and government initiatives in China.
Customers, investors, employees, and other stakeholders increasingly expect companies to be environmentally responsible. Calculating, reporting and managing GHG emissions help meet these expectations and foster trust by demonstrating transparency and accountability.
Climate change poses several risks to businesses, including supply chain disruptions, resource scarcity, and increased operational costs. Understanding and managing your company’s GHG emissions, you minimize its input into climate change. Thus, you mitigate the connected risks, ensuring long-term business resilience.
Identifying and reducing GHG emissions often go hand-in-hand with improving operational efficiency. Implementing energy-efficient practices and optimizing resource use not only reduce your company’s environmental impact but also drive cost savings over time.
As sustainability becomes a key differentiator in the business landscape, proactively addressing GHG emissions drives competitive advantage. This can attract environmentally conscious consumers, investors, and partners who prioritize sustainable business practices.
Many enterprises join global initiatives such as the Science-Based Targets Initiative (SBTi) or commit to specific sustainability goals. Calculating and reducing GHG emissions align with these initiatives, contributing to broader global efforts to address climate change.
Employees are increasingly drawn to companies that prioritize sustainability and environmental responsibility. Calculating and reporting GHG emissions demonstrate this commitment, making it easier to attract and retain top talent. It can also boost employee morale, engagement, and satisfaction by involving them in the process.
Investors are placing greater emphasis on environmental, social, and governance (ESG) factors. Demonstrating a commitment to reducing GHG emissions increases chances to attract ESG-conscious investors, enhancing overall investor confidence.
Proactive efforts to calculate, report, and reduce GHG emissions contribute to a positive brand image and reputation. Companies that are perceived as environmentally responsible can build stronger relationships with customers and stakeholders, enhancing brand value.
Addressing GHG emissions is not just about meeting current regulatory requirements; it’s about ensuring the long-term sustainability of a business. Companies that prioritize environmental responsibility are better positioned to thrive in a changing global landscape.
In summary, calculating, reporting, and reducing GHG emissions are integral components of responsible and sustainable business practices. These actions not only contribute to global efforts to combat climate change but also bring tangible benefits in terms of regulatory compliance, stakeholder satisfaction, operational efficiency, and long-term business resilience.
And we can help you gain them. CarbonSWOT has smart and tailored solutions for all business needs and cases. We will accompany and support your enterprise on the climate care journey. Let’s talk and we’ll show how.
To calculate the carbon footprint for your company, you need to gather the following data, as per the GHG Protocol:
Direct greenhouse gas emissions that occur that sources which are owned or controlled by the company, for example, emissions from combustion in vehicles’ engines, boilers and furnaces.
Any kind of fuel that is directly burned counts in:
Diesel
Biofuel
LPG
Natural gas
Coal
Oil products
Greenhouse gas emissions from the generation of purchased electricity and heating consumed by the company. Even if your company doesn’t burn any fuels directly, it uses electricity, hence some fuel needs to be burned on a power plant to generate electric power.
Using energy of any kind generates significant CO2 emissions on the providers’ side which counts towards your total emissions.
Emissions that are a consequence of the business activities of the company occurring from sources not directly owned or controlled. These are logistics, buying raw materials, leasing assets, business travel by the team, treatment of waste generated in operations and various other activities that generate a considerable share of your corporate carbon footprint.
Energy wasted during electricity transmission in the electric grid also counts as a part of Scope 3, as there may be significant loss in some grids.
It’s important to use appropriate conversion factors to translate energy consumption data into CO2e emissions, as well as up-to-date emissions factors for Scope 3.
CarbonSWOT’s data warehouse provides full coverage of factors for each scope. Our ESG team, backed by AI, constantly updates them in line with the GHG protocol, covering all industries.
In case you need specific conversion factors, we can work them out for you with an LCA methodology
Privacy reminder: we do not affiliate any information you provide during calculation (turnover, bills, etc.) with your company/brand name. All records in our database are stored anonymously for teaching our Al and improving calculation precision only.
Calculate your footprint
Planning, setting smart targets and defining reduction initiatives are the crucial parts of responsible business practices and successful climate action.
In our report, you will find a SWOT table. Our cutting-edge approach combines traditional SWOT analysis with a specialized emphasis on carbon-related factors, offering you a systematic framework to eval both internal and external environments. With it, you can benchmark your company’s emissions against industry standards or comparable companies to assess your performance and set realistic reduction targets.
We will help you set short-term targets, long-term targets, targets aligned with SBTi, declare all of them publicly and plan the offsetting program with an intention to reach Net-Zero.
Aligning your long-term targets with emission reduction strategies and an offsetting plan ensures that your company stays at the forefront of sustainable practices.
Adopting climate action, you not only contribute to global environmental goals. You also position your business as a leader in innovation, risk mitigation, and corporate responsibility. And following our practices ensures that your GHG reduction efforts are effective, measurable, and aligned with long-term sustainability objectives.
CarbonSWOT has all necessary capabilities to support you in your climate-neutral path. We can also assign you an experienced ESG manager to help with proper planning and target setting.
In support of your targets, define the reduction measures, suitable for your business. CarbonSWOT AI engine will suggest you customized CO2 reduction activities in the opportunities section of the SWOT table in your report.
Start bringing to life the advised measures and actions planned to reduce your carbon footprint. Set monitoring mechanisms to track your progress. If you need help with this, we will be glad to assist.
Reaching net-zero is a journey that requires commitment, innovation, and collaboration. By integrating all above steps into a holistic sustainability strategy, you can make meaningful progress towards reducing your environmental impact and achieving net-zero emissions.
CarbonSWOT emerges as a powerful ally in the ambitious pursuit of reaching net zero emissions. Through a systematic analysis of your company’s internal strengths and weaknesses, it can help you identify key areas to optimize and fortify during the transition towards a net-zero carbon footprint.
Internal strengths, such as existing sustainable practices, energy-efficient technologies, and committed workforce, become focal points for further enhancement. By addressing them, you can leverage them strategically to accelerate your journey toward net zero, maximizing the impact of their positive attributes.
Moreover, CarbonSWOT unveils external opportunities and threats that are integral to navigating the path to net zero.
Opportunities may arise from advancements in renewable energy, supportive government policies, or growing market demands for eco-friendly products and services. The threats may come in the form of regulatory changes or reputational risks associated with failing to meet net-zero targets.
In essence, the comprehensive insights derived from CarbonSWOT empower you to craft robust and tailored plans, accelerating their progress toward the overarching goal of reaching net zero emissions.
