CO2 footprint for companies
A company-wide carbon footprint, or Corporate Carbon Footprint (CCF), assesses the direct and indirect emissions of an organization. It includes a comprehensive analysis of the greenhouse gas emissions within defined system boundaries.
The assessment is based on the international ISO 14064 standard, following the scope-classification of the Greenhouse Gas Protocol:
- Scope 1 (direct): covering emission sources within the system boundary, such as the energy combustion on site or fuels (diesel) for fleet vehicles.
- Scope 2 (indirect, upstream): covering emission from the generation of energy that is purchased by the company, these are primarily electricity and heat from energy services.
- Scope 3 (indirect, upstream and downstream): all other emissions that are caused by the company’s activities but not under their direct control, for example production and consumable materials, packaging, waste disposal, logistics, employee travel, etc.
CO2 corporate balance sheet
advantages & benefits
Meeting new frameworks: CO2 performance is a key sustainability indicator in the business sector. New legislation, customer requirements and/or requirements from financing institutions (EU taxonomy, Green Finance) increase the demand for valid greenhouse gas data.
- Transparency: Communicating the corporate climate impact in the areas of material use, processes, transportation, and energy according to international standards.
- Management tool: With an annual CO2 assessment, you can measure your progress towards decarbonization.
- Competitive advantage & innovation: Benchmark comparisons identify potentials for improvement and recommendations for action that you can use profitably: from process optimization and cost savings to corporate communications.
- Risk management: Energy, industry & transport sectors are in the focus of decarbonization. It is important to professionalise climate protection management in order to achieve the climate targets and minimize related business risks.
- Be a trendsetter: All business sectors will be affected by the transformation processes towards a sustainable economy. A carbon footprint is central to proactively positioning your company on the market and preparing it for climate action.