10 Feb 22

How Greenstone’s ESG software can enable Scope 3 reporting

scope3brochureblogGreenstone’s suite of sustainability, supply chain and investor ESG software solutions provide an integrated approach to addressing the challenge of Scope 3 emissions calculation and reporting. Providing a central hub for the collection and aggregation of Scope 3 data across all 15 Scope 3 categories, Greenstone’s solutions support businesses on their Scope 3 reporting journey, whether they are just starting out or they have been reporting in this area for years.

Scope 3 emissions, also known as value chain emissions, are indirect GHG emissions both upstream and downstream of a company’s main operations. Calculating, reducing and reporting Scope 3 emissions in accordance with the GHG Protocol can be challenging for businesses because the required data comes from outside of its own operations.

Supporting Scope 3 data collection across all 15 categories

Greenstone’s suite of sustainability, supply chain and investor ESG software solutions provide an integrated approach to addressing the challenge of Scope 3 emissions calculation and reporting. Providing a central hub for the collection and aggregation of Scope 3 data across all 15 Scope 3 categories, Greenstone’s solutions support businesses on their Scope 3 reporting journey, whether they are just starting out or they have been reporting in this area for years.

Through Greenstone’s ESG software solutions you can collect primary and secondary data from all 15 categories of Scope 3 emissions to support different calculation approaches for each category;

  • across your operations
  • directly from suppliers
  • directly from investments e.g. portfolio companies
  • using secondary data sources to plug gaps in the above

 

GHG emissions calc-1


Greenstone’s Scope 3 emissions solutions

 

Through its ESG software solutions and support services from a team of ESG experts, Greenstone can support you on your Scope 3 reporting journey both now and in the future.

 

Key software features

 
  • Automated and accurate GHG emissions calculation from a database of 1million+ emissions factors
  • Primary data collection from suppliers and investments
  • Coverage of all 15 GHG Scope 3 categories
  • Purpose-built cloud-based SaaS solutions
  • Seamless flow of data from both suppliers and investments
  • Dedicated GHG Scope 3 category dashboards
  • Location & Market-Based emissions reporting
  • Dynamic modelling capabilities to plug real-time gaps in data
  • Data aggregation for suppliers and investments

 

 

Benefits

 

  • Comprehensive integrated data collection capability across all 15 scopes
  • ESG experts supporting you on your Scope 3 reporting journey
  • Trusted and robust GHG emissions calculation
  • Accurate Scope 3 data for management, reporting, and target setting
  • Enables the tracking and reporting against Science-based and Net-zero targets
  • Provides a full picture of bottom-up environmental impacts (Scope 1, 2 & 3)

 

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Environment , ESG , scope 3