Establishing the company's carbon footprint
Validate data sources for Scope 1, 2 and 3 emissions
- Develop strategy for collection of data from disparate and fragmented sources. Identify all data points.
- Consider and address risks
- Assess manual vs. automated data collection processes
Assemble the right team to undertake the project
- The project should resonate with chosen team members
- Provide appropriate training
- Consider Finance team members that are familiar with data and reporting structure as well as internal controls
- Ensure there is cross-functional representation
Convert collected information to emissions data
- Convert, where applicable, with posted factors
- Obtain EPD's from suppliers of products
- Evaluate downstream use of products and services