GHG Footprint
Understanding GHG Footprinting
Greenhouse Gas (GHG) footprinting is the process of measuring and analyzing the total emissions of greenhouse gases produced directly and indirectly by an organization. This comprehensive assessment helps organizations understand their environmental impact and identify opportunities for reduction. As an ESG consultant, we specialize in guiding businesses through GHG footprinting to enhance their sustainability strategies and align with global climate goals.
Process & Approach
Define the Scope
Determine the organizational boundaries and decide which emissions sources to include.
1
Data Collection
Gather data on energy consumption, transportation, waste management, and other relevant activities.
2
Calculate Emissions
Use established methodologies and emission factors to convert collected data into GHG emissions
3
Analyze Results
Review and dentify major sources potential for reduction Conduct benchmarking
4
Develop Reduction Strategies
Collaborate with stakeholders to create actionable plans to reduce emissions.
5
Monitoring and Reporting
setting clear metrics, tracking progress and preparing reports for stakeholders.
6
Elements
Scope 1: Direct Emissions
Definition: Emissions from owned or controlled sources.
Examples:
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Combustion of fossil fuels in company vehicles and equipment.
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Emissions from on-site power generation.
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Process emissions from chemical production or manufacturing.
Scope 2: Indirect Emissions from Energy
Definition: Emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the organization.
Examples:
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Electricity used in office buildings or manufacturing facilities.
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Purchased steam for heating processes.
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Energy sourced from local utilities.
Scope 3: Indirect Emissions from the Value Chain
Definition: All other indirect emissions that occur in the value chain of the reporting company, both upstream and downstream.
Examples:
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Emissions from the extraction and production of purchased materials.
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Transportation and distribution of products (both in-bound and out-bound).
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Waste disposal and treatment after the organization has used the products.
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Employee commuting and business travel emissions.
GC's Value Proposition
Engage with senior management
Cross functional collaboration
GC's Value Proposition
Technological Integration
Continuous Monitoring
Enhanced, consistent and accurate disclosures