Carbon Footprint Assessment

Why measure your carbon footprint?

Worldwide greenhouse gas emissions have escalated to record levels. Without action to reverse this trend, the consequent rise in global temperature has the potential to lead to catastrophic climate change. The UN Paris Agreement agreed to limit warming to 1.5°C, which requires significant changes across the global economy.

To contribute to its objective first you must identify and measure the sources of your emissions, before implementing plans for reducing your impact.

Beyond the moral argument for reducing emissions, there is increasing commercial and regulatory pressures due to consumer demands and legislation such as carbon pricing, creating new risks to the bottom line.

Our carbon footprint assessment service identifies, quantifies and tracks three categories of emissions that contribute towards a company’s carbon footprint, as defined by the GHG Protocol:

Scope 1 emissions

We aggregate consumption across different fuel sources, before translating that data into a carbon footprint. These ‘direct’ emissions are from owned or controlled sources, e.g. gas burned on-site for production purposes.

Scope 2 emissions

These ‘indirect’ emissions include those caused by the generation of energy purchased by a company, e.g.electricity for air conditioning.

Scope 3 emissions

All other emissions that occur due to a company’s activity, but from sources that they do not own or control are included here, e.g. business travel, purchased goods and services, use of sold products, investments.

 

We use the latest IEA emission factor data and follows industry best practice standards, such as the Taskforce on Climate-related Financial Disclosures, in order to understand and quantify a company’s carbon footprint and potential commercial risks.

Related content

ESG - Niche to mainstream
Elysian Capital appoints Apex Group to provide ESG Ratings & Advisory
Watch On Demand: ESG – From Niche to Mainstream: A Regulations & Compliance Roadmap

Get in touch with our team

Submit your query