How to Accurately Measure Your Business’ Carbon Emissions

When assessing your carbon emissions, accurate measurements are crucial for understanding and planning your route to net zero emissions.?

Finding and extracting quality emissions data in your organisation will?represent a significant challenge to most businesses. One of the first barriers businesses face is understanding what data they don't currently have. Part of the initial benchmarking process for an organisation is to identify what they don't have and build the processes using software tools to collect meaningful data with as little friction in the business as possible.

COA uses software tools to collect data in the background from all facets of the business’s day-to-day and is an area of constant improvement. One step at a time close to an accurate understanding of emissions. Poor or haphazard data collection will lead to under or over-reporting of emissions. Overreporting can be addressed easily but underreporting that has been used to build a business's brand or profile can potentially create another set of serious problems around trust and competence.

At some point soon the government will start the process of requiring all businesses to measure and report their carbon emissions. Starting with the largest businesses and trickling this down over time to smaller organisations. As an example this scenario is underway in the UK and European regions, so you can expect a similar approach here.

If you are a supplier of products or services to ASX listed entities or the government you can expect a requirement to have reportable emissions data on your business and your plan to reduce your footprint.

Thus, accurately measuring emissions is a key step before organisations can plan a strategy to reduce their emissions and achieve net zero.?

With reliable and transparent emission data, accurate measurements offer an organisation the oversight to formulate, execute, monitor, and accurately report on their transformation.?

In this newsletter, we’ll show you how to accurately measure your carbon emissions by using some of Carbon Offset Advisory’s tools and resources.

Emissions Measurement Tool #1. Carbon Accounting Software?

Carbon accounting software is connected to global emission factor databases facilitating fast, accurate, and transparent calculations, which builds clear reporting and communicates to all stakeholders.?

Carbon accounting software is especially key for your business to leverage new net zero business opportunities, such as being a leader in your community by being environmentally conscious of your carbon footprint.

By having a clear understanding of the past and the present, organisations can accurately develop strategies to reduce emissions and achieve net zero.?

At Carbon Offset Advisory, we’ve partnered with a leading provider of enterprise cloud-based carbon accounting software. In addition, COA has developed cloud-based data collection tools which allow our clients to directly participate and input their emissions data. Thus, this allows you to save time by automating the collection of your emissions.

Emissions Measurement Tool #2. Supplier Community Portal

Having suppliers calculate their carbon emissions allows the organisation to accurately account for their Scope 3 emissions—one of the most complex components to carbon accounting. This is important when converting the supply chain to net zero carbon to help organisations achieve their aggressive reduction targets.?

Carbon Offset Advisory builds and implements cloud-based software solutions with supplier community portals, enabling organisations to develop brand-centric net zero carbon communities.

Emissions Measurement Tool #3. Website Plug-Ins?

Carbon Offset Advisory develops software solutions for organisations to engage their customers in their net zero journey. For example, they’re able to offer their customers carbon neutral options during the shopping cart experience.

We can connect your existing IT infrastructure to our carbon accounting software, enabling us to automate the collection of data for emission reporting.

The plugins are designed to allow customers to calculate carbon emissions from the purchase, covering product, delivery, or any other component.

For online businesses, we can integrate into the shopping cart experience with carbon offset calculator tools at purchase. This allows opt-in and automated customer participation in your emission reduction activities.

In addition, our cloud-based software tools will allow your organisations to build vast client and supplier community groups focused on emission reduction mentoring.

From the perspective of your organisation, this reaffirms the organisation’s goals of emissions reduction and includes the customer in delivering the solution. These plugins enable new revenue streams to help support your organisation's environmental improvement.

Emissions Measurement Tool #4. API Integrations?

Understanding accurate and timely data is critical in the decision-making process of achieving net zero emissions in one’s business.?

Which is why at Carbon Offset Advisory, we partner with leading API integration providers. These integrations connect our client's software including data collection points, business software solutions, accounting packages, ERP, suppliers, and clients and then into the carbon accounting tools. The data is collected from every part of the organisation through potentially thousands of interaction points automatically.

We’ll connect with your organisation to enable the sharing of data not only to assist environmental reports but also help with other parts of your business. Take for example, the communication and marketing for new potential customers and generating more revenue.?

The overall strategy to automate data collection which drives efficient, cost effective and timely reporting, which leads to better decision making in your business.

Carbon Offset Advisory uses accurate, scaleable, carbon accounting software, which enables us to provide reporting for all sizes of organisations. Plus, we’ve helped businesses in a wide variety of niches including:?

Franchise groups

• Parcel and logistics
• Motor vehicle sales
• Hire vehicles
• Hotels
• Fleet infrastructure
• Retail chains
• Online Businesses

Measuring carbon emissions accurately is only one step in working towards achieving your net zero emissions goals.?

At Carbon Offset Advisory, we can help you zoom out and provide a long-term plan for helping your business achieve net-zero with our simplified 5 step process, which entails:

• Commit
• Measure?
• Reduce & Offset
• Report
• Leverage Opportunity?

Interested in learning more about how Carbon Offset Advisory’s emission tools can be utilised to help your business achieve net zero?

Comment “COA” below and I’ll reach out to schedule a consultation walking you through our process and showing you ‘under the hood’.