Climate neutrality for your company – Easy, Economic, Sustainable

OUR SERVICE

CO2e-footprint calculation for:

Your company (Scope 1 & 2+)

Your products / Your supply chain (Scope 1 – 3 upstream)

OUR APPROACH

1. Generate transparency

Calculation of the annual CO2e footprint.

2. Act local

Building a reduction strategy. Determination of the CO2e savings potential and implementation of detailed savings potentials.

3. Act gobal

Compensating the remaining emissions that are still unavoidable.

1

1 Calculation of greenhouse gas emissions - the so-called CO2e footprint

CO2OP will calculate the greenhouse gas emissions based on with internationally recognized standards such as the GHG Protocol and ISO 14064-1. The first step in the calculation process is to determine the system boundaries of your company and the scope of the calculation within these boundaries. According to, e.g., the GHG Protocol, a distinction is made between the so-called Scopes 1, 2 and 3. Besides carbon dioxide (CO2), other significant greenhouse gases such as methane (CH4) or nitrous oxide (N2O) are included in the calculations, hence it is called CO2e footprint with CO2e for carbon dioxide equivalents.

  • Scope 1 refers to direct emissions from the company’s asset base. This usually includes the generation of heat in company-owned buildings and, if applicable, electricity produced on-site from fossil fuels, or the company’s fleet of vehicles
  • Scope 2 refers to indirect emissions that occur through the provision of energy carriers (e.g. electricity, district heating, cooling, steam) by third parties, typically utility companies or building owners.
  • Scope 3 includes all other indirect emissions. These can be business trips, employee travel, upstream and downstream supply chains as well as emissions caused by the use of the produced product over its entire life cycle.

To calculate a correct carbon footprint, Scopes 1 and 2 need to be considered, while Scope 3 is voluntary. Thus, in order to achieve climate neutrality, Scope 1 and 2 need to be neutralized though internal measures, sourcing of carbon-neutral energy carriers, or compensation. In our standard assessment package, we offer Scopes 1+2 as well as elements of Scope 3 that are comparatively easy to determine, such as business trips or employee travel to and from work. We call this Scope 2+. Other Scope 3 elements we offer on an individual basis – these depend on the relevance of the respective category for the company.

Subsequently, all the company data required for the selected scope of investigation is collected and entered into our proprietary greenhouse gas emissions calculator, which then calculates yearly greenhouse gas emissions. The figure shows an exemplary result of a corresponding greenhouse gas calculation.

2

Assessment of the potential of carbon-free sourcing, energy efficiency and on-site power generation measures

Based on the footprint calculation, we work with you on developing possibilities for reducing carbon emissions with the ideal mix of measures. Depending on your needs, we can include specialized energy consultants at this stage.

A simple and typically relatively economic way for reducing carbon footprints is to purchase “green” electricity or gas. As a next step, energy efficiency measures such as switching to LED typically pay off within a short period of time, while generating your own electricity, e.g. through roof-top solar photovoltaics might be a great way of becoming greener and more self-sufficient.

However, these measures are only relevant for the CO2e balance of the coming years – the calculated sum cannot be reduced retroactively – but it could be compensated. In order to achieve climate neutrality, most companies today still have to offset unavoidable, residual carbon emissions through compensation projects. By offsetting these emissions, in combination with internal measures, you achieve climate neutrality for your company – certified by us.

3

Compensation of remaining annual emissions that cannot be avoided yet

We only offer compensation projects that are registered under the CDM (Clean Development Mechanism) or the Gold Standard. The CDM was agreed under the Kyoto Protocol and is intended to implement emission reductions in developing countries. The Gold Standard was developed by the WWF in cooperation with other environmental associations. It ensures that a project generates additional socio-ecological improvements to local communities in addition to its certified greenhouse gas reductions.  In any case, certification according to the CDM or Gold Standard ensures that a project is additive, i.e. that it has become financially viable only through the compensation payments. As a rule, these are projects in the field of renewable energies, energy efficiency or agriculture and forestry, which are implemented in developing countries. Over the past 20 years, offset projects registered under the CDM or Gold Standard covered a total of approximately 2 billion metric tons of CO2e globally (for comparison: global greenhouse gas emissions in 2019 were 36.8 billion tons of CO2e, source: Global Carbon Project).

In addition, many projects support several of the 17 Sustainable Development Goals – objectives of the United Nations (UN), which are intended to ensure sustainable development on an economic, social and ecological level, worldwide.

4

Calculation of the carbon footprint of your company and your products (upstream)

For a complete reporting and yearly carbon neutrality, the product footprint (PCF) should be calculated in addition to the corporate carbon footprint (CCF). For this purpose, scope 3 emissions are calculated in addition to scope 1-2 emissions. The upstream/cradle to gate II of the considered product as well as parts of the use phase (downstream) are analysed.

CO2OP supports you in gaining transparency about the emission hot spots in your supply chain. If you wish, you can compensate for the emissions determined – we will acquire the certificates for you. In order to be climate neutral, we support you in analysing your supply chain and develop reduction strategies together with your suppliers, in order to reduce or neutralise the CO2e hot-spots.

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