What is the Corporate Carbon Footprint?

plan4sustain on Maio 17, 2022 0 Comments

Supply chains are changing! Corporate activities are now more environmentally friendly than ever before. In this sense, the Corporate Carbon Footprint concept has come to the fore in recent years. But what exactly is Corporate Carbon Footprint?

Take the first step towards tackling climate change!

Calculating the Corporate Carbon Footprint is often considered as the first step in companies before taking steps against global warming. Because it is possible to set an efficient and realistic target only if the carbon footprint is calculated. Corporate Carbon Footprint provides a comprehensive evaluation of all direct and indirect carbon emissions in your company.

Corporate Carbon Footprint offers many benefits to your company. It allows to identify and mitigate climate change risks. Potential energy saving ways can be identified. It is also an important factor for corporate image. Moreover, besides all these, it can provide new business areas and collaborations. Today, Corporate Carbon Footprint has become a necessity for many agreements and projects. It is an important criterion taken into account by stakeholders, investors, and customers.

How to calculate your company’s carbon footprint

There are several standards for calculation. The carbon footprint of a company is completed by following these standards. The most widely used of these standards is the GHG Protocol.

Basically, the data is evaluated in three main scopes:

  • Scope 1: The direct greenhouse gas emissions caused by a company. For example, fuel combustion used for plant and equipment owned by the company.
  • Scope 2: It includes indirect emissions. For example, emissions related to the company’s energy consumption are evaluated within this scope.
  • Scope 3: It includes emissions associated with the company’s operations. However, what is mentioned here is the emissions resulting from activities beyond the company’s control.

As can be seen from the scope categories, all activities in the supply chain are taken into account. The data is collected with the specific determination of the scope categories. Emission factors are determined with computer programs in accordance with the relevant standard. The study should be done specifically according to the limits of the supply chain and the organizational structure. After the Corporate Carbon Footprint is calculated, targets are set on a company basis. Obtained data enable the establishment of institutional strategies to combat the negative effects of climate change.

Take action today!

Measuring your company’s carbon footprint now will also make it easier to comply with legal obligations that may be encountered in the coming years. Preparing your supply chain towards zero emissions will bring many benefits to your company.

*Cover Photo by Jasmin Sessler on Unsplash

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