Emissions Management Software (stage: project conception and initiation)
Background:
An effective corporate climate change strategy requires a detailed understanding of a company’s greenhouse gas (GHG) emissions. Until recently, most companies have focused on measuring emissions from their own operations and electricity consumption (Scope 1 and 2). But what about all of the emissions a company is responsible for outside of its own walls (Scope 3) — like banks, whose product are loans? Their product enables more emissions. On 5 January 2023, the Corporate Sustainability Reporting Directive (CSRD) (a EU directive) became effective. Companies have to apply this for the first time in the 2024 financial year, for reports published in 2025. Emissions from the whole value chain need to be measured: Including financed emissions.
With our emissions management software companies can track their financed emissions and meet all regulatory requirements.