As climate change continues to pose a threat to our planet, individuals, companies, and governments are taking measures to reduce their carbon footprint. This has led to the development of various carbon accounting platforms that track and monitor emissions. One such platform is the Greenhouse Gas Protocol (GHG Protocol), which provides guidelines for companies to measure and report their greenhouse gas (GHG) emissions.
In this article, we will explore the GHG Protocol and how the Greenly start-up is using it to help American businesses reduce their carbon impact.
What is the GHG Protocol?
The GHG Protocol is a set of guidelines developed by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD) to help companies measure and report their GHG emissions. The ghg protocol outlines a standardized approach to calculating emissions from various sources.
This may include direct emissions from company-owned assets, indirect emissions from purchased electricity, and emissions from supply chain activities. The GHG Protocol is widely used by companies around the world as a tool for managing and reducing their carbon footprint.
How does the GHG Protocol work?
The GHG Protocol provides a framework for companies to calculate their GHG emissions, known as a “GHG inventory.” The inventory includes three scopes:
- Scope 1: Direct emissions from company-owned or controlled sources, such as emissions from fuel combustion in boilers or vehicles.
- Scope 2: Indirect emissions from the generation of purchased electricity, heat, or steam consumed by the company.
- Scope 3: Other indirect emissions, such as emissions from the production of purchased materials or products, employee commuting, or waste disposal.
Companies use the GHG Protocol to measure their emissions in each of these scopes, which can help them identify areas where they can reduce their carbon footprint. For example, a company might discover that a significant portion of its emissions comes from employee commuting and decide to implement telecommuting policies to reduce this impact.
How is the GHG Protocol used by the Greenly start-up?
Greenly is a start-up that provides a carbon accounting platform to help companies reduce their carbon impact. The platform uses the GHG Protocol to track and monitor emissions in real-time, providing companies with a detailed understanding of their carbon footprint. Greenly’s platform is designed to be easy to use, even for companies with limited experience in carbon accounting.
Greenly’s platform includes features such as automated data collection, real-time emissions monitoring, and benchmarking against industry peers. Companies can use this information to identify areas where they can reduce their carbon impact, such as switching to renewable energy sources or reducing waste.
By providing companies with a comprehensive understanding of their carbon footprint, Greenly’s platform helps them make more informed decisions about how to reduce their impact on the environment. Thus, Greenly start-up helps American business to reduce their carbon footprint and contribute to a more sustainable future.
Real-Time Monitoring and Benchmarking for Actionable Insights
Greenly’s carbon accounting platform offers real-time monitoring and benchmarking against industry peers, providing companies with actionable insights into their carbon footprint. The platform collects data automatically from various sources, including energy bills, receipts, and financial transactions.
This data is then analyzed to provide a comprehensive view of the company’s carbon emissions. Real-time monitoring ensures that companies can track their progress towards their carbon reduction goals and take corrective actions in real-time. Benchmarking against industry peers allows companies to compare their emissions with others in their sector and identify areas for improvement.
Wrapping – Up!
Reducing carbon emissions is a critical component of addressing climate change, and carbon accounting platforms such as the GHG Protocol and Greenly are essential tools for achieving this goal. By providing companies with a standardized approach to measuring and reporting their emissions, the GHG Protocol helps them identify areas where they can reduce their carbon footprint.
Greenly’s carbon accounting platform takes this a step further, providing real-time monitoring and benchmarking to help companies make informed decisions about how to reduce their impact on the environment. As more companies adopt these tools, we can work towards a more sustainable future for all.