How To Ensure Your Emissions Data Management Scales With Your Business Growth
As business purpose and performance become increasingly entwined, so too does the need to align ambitions regarding emissions management and business growth. Carbon accounting without scalability would assume that businesses and their supply chains remain static. This couldn’t be farther from the truth, as they are dynamic, and many variables can affect year-on-year emissions calculations.
Emissions calculations don’t exist in a vacuum. A supply chain comprises other businesses with their growth plans and decarbonisation strategies. As the value chain expands, so do scope 3 emissions and a business’s emissions accounting burden under regulations like the EU’s Corporate Sustainability Reporting Directive.
This means that emissions accounting must remain as agile and dynamic as the business. To stay compliant with regulations and ensure businesses can reap the financial benefits of decarbonisation, companies must select carbon management platforms that scale in line with them.
A scalable carbon accounting platform grants businesses the agility to respond to a growing list of stringent environmental regulations and shifts in supply chains. To ensure that this carbon accounting meets the same standards of rigour as financial accounting, digital carbon management solutions must focus on data accuracy, transparency, and audibility.
All In Order For The Audit
Businesses need their digital solutions to be scalable and adaptable to new reporting requirements. Their carbon accounting platform must keep up with the growth of their operations and the expansion of their supply chain.
Another crucial selection factor is the ability to provide auditable emissions data. Emissions data isn’t worth much if it isn’t actionable and auditable. Third-party data assurance is a crucial element in ensuring that emissions data is valuable.
On this journey to auditability and successfully automating emissions data management, businesses must ensure that their finance and sustainability teams speak the same language. This means aligning emissions and financial calculations and integrating sustainability into the business’s fabric.
Accuracy At Scale With Emitwise
If you’re just starting your emissions measurement journey, we understand that it can be overwhelming at first. However, choosing a scalable carbon accounting platform can address many data headaches. If your carbon accounting is designed to scale with your business from the start, you don’t have to worry about emissions data management getting out of hand.
Emitwise’s emissions factor database supports the calculation of product emissions with unprecedented granularity. This granularity is applied to emissions calculations throughout the value chain, accounting for new suppliers as you grow. With Emitwise, agility, scale, and accuracy are not mutually exclusive.
A granular emissions factor database like Emitwise’s is ready to measure a diverse range of data points across dynamic supply chains. For example, if a manufacturing facility experiences an unexpected surge in production, scalable software ensures that the emissions data is instantly updated to reflect the changes.
Additionally, Procurewise allows your suppliers to get involved and accelerate your emissions reduction journey by sharing their own emissions data. Using Procurewise to bring suppliers along on your emissions reduction journey means that no supplier will be out of reach, no matter how large your business gets.
Emitwise’s carbon accounting platform is designed with complex supply chains in mind and can scale with your business as it grows.
Match your business growth ambitions with the accuracy of your carbon accounting with Emitwise today.
