Scope 3 emissions, also known as 'indirect emissions,' are crucial because they often constitute the majority of an organization's total greenhouse gas emissions. These include emissions from the supply chain, employee commuting, waste disposal, and customer use of products. Managing Scope 3 emissions is important because they are often harder to quantify and control. Companies that effectively address these emissions are better positioned to fully account for their environmental impact, enhance their reputation, and contribute to climate policy development.

The GHG Protocol prioritizes the activity-based approach over the spend-based approach for calculating emissions because it offers a more detailed and accurate picture of an organization's emissions. The activity-based approach identifies and quantifies emissions from specific activities, enabling organizations to target specific reduction opportunities. In contrast, the spend-based approach calculates emissions based on the amount spent, which can provide an approximation but is less accurate in identifying emission sources, making it difficult to develop effective supply-chain-based reduction strategies.

The duration of the carbon accounting process can vary depending on the size and complexity of your operations. Typically, it takes around three months to gather data, analyze emissions, and generate comprehensive reports.

We will integrate with your ERP system to automate part of the data collection process, saving you time. You may need to provide data on energy consumption, transportation, waste management, and other relevant operational activities. Detailed records of utility bills, fuel usage, and production outputs are commonly required.

Yes, carbon accounting services are scalable and can be tailored to fit the budget of SMEs. Our modular approach allows you to select only the services you need. Additionally, our streamlined and automated processes minimize the time required for data collection and onboarding on your end, as well as for data analysis on our end, making the service more efficient. Investing in carbon accounting can also lead to long-term cost savings and operational efficiencies.

Under the Corporate Sustainability Reporting Directive (CSRD), EU-based companies must provide detailed reports on their environmental impacts, including GHG emissions. Our carbon accounting services help you meet these regulatory requirements efficiently and accurately, reducing the risk of penalties and enhancing your sustainability credentials.