Overview

Carbon & Emission Accounting Template Scope 1, 2 and 3

The Carbon Accounting Application is used by organizations to get an overview of their Scope 1, 2 and 3 emissions. Allowing organizations to make informed decisions around their sustainability efforts, not only internally, but throughout their supply chain. To do this, the carbon accounting module uses a sustainability director’s answers from our survey to build a reflexive dashboard that highlights action items to calculate the impact environmentally and financially.

Problem statement:

• Sustainability/ESG data is siloed and disparate
• Inefficient static reporting 
• Difficult to demonstrate impact
• Limited annual reports

Solution value: 

• Centralized data hub and a single source of truth
• Fast and easy online collecting and sharing of data
• Rapidly adjust to changing requirements
• Flexible integration capabilities
• Customizable emission factors

Documentation

Description

Imagine a world where cutting-edge technology and Sustainability domain expertise are combined. Where Sustaira enables and empowers Sustainability and ESG leaders in making a difference within and for their organizations and ecosystems with innovative and interactive software. Sustainability starts with Sustaira.

The Sustaira Sustainability and ESG App Platform allows users to adopt only what they need through a building block approach. Organizations can select from Sustaira's extensive menu of applications that address the most common challenges in Sustainability and ESG, and what they select is then added to the Sustaira launchpad giving them a single source of sustainability and ESG data that is tailored to them. This launchpad can house Sustaira applications as well as other applications they may already be using! Organizations also have the option to add totally custom ESG and Sustainability applications to their launchpad as well. At Sustaira, we believe in a phased approach, starting first with the biggest priority or easiest "wins" to help organizations get started on their sustainability and ESG journey right away and build trust. As organizations grow in their ESG journey or needs change perhaps due to policies and regulations, organizations can add more applications and functionality to the platform at any time - coming back to that building-block approach.

All Sustaira applications have core features and functionalities that most organizations will need. However, these applications are left open and flexible and are meant to be tailored, tweaked, and customized so that they can 100% meet the needs of whoever may adopt them. This means that if an organization wants specific functionality, calculators, or reports, the Sustaira team can customize that application to do just that.

The Sustaira Carbon Accounting application is used by organizations to get an overview of their Scope 1, 2 and 3 emissions. Allowing organizations to make informed decisions around their sustainability efforts, not only internally, but throughout their supply chain. To do this, the carbon accounting module uses a sustainability director’s answers from our survey to build a reflexive dashboard that highlights action items to calculate the impact environmentally and financially.

Typical usage scenario

Usually, when someone gets started with Sustaira they will begin with anywhere from 1 to 3 applications on their Sustaira launchpad. The most common adoption packages are as follows:

Package 1: Goals and KPI Tracker - This package is great as a step one where an organization needs a way to aggregate data and begin tracking their ESG goals and Sustainability plans in a live application.

Package 2: Carbon Accounting - This package includes the Goals and KPI tracker as mentioned above, along with Sustaira's complete Carbon Accounting Solution that allows users to track their scope 1 and 2 emissions as well as dicing into their Scope 3 emissions. This is usually adopted by organizations a little further along in their ESG and Sustainability journey and who needs to start tracking at least scope 1 and 2 emissions with plans to expand into scope 3 if they aren't already. Carbon Accounting is usually the first step behind mandatory disclosures such as CSRD and the SEC Climate disclosures as both of those regulations require emissions accounting.

Package 3: Custom ESG App Development - This package is typically adopted by an organization that has a specific need they have not yet found a solution to address. Usually, this is a complex excel based process or a combination of needs that requires a totally new application.

These packages are not mutually exclusive and we have seen folks adopt both package 2 and 3 at the same time or a mixture of items!

Features and limitations

• Centralized data hub and a single source of truth
• Fast and easy online collecting and sharing of data
• Rapidly adjust to changing requirements
• Flexible integration capabilities
• Customizable emission factors

To get a full understanding of Sustaira's Features and Functionalities, please see the Sustaira ESG & Sustainability Software Evaluation Guide which can be found here: https://www.sustaira.com/sustaira-esg-sustainability-software-evaluation-guide

In order to enable users to make an informed decision on which software or platform to adopt for their Sustainability and ESG needs Sustaira broke down the common Evaluation Criteria that are considered. We have segmented our evaluation criteria into three main groups that consist of various subcategories. Those main groups are Functional, Technical, and Organizational Criteria and Capabilities. This is a comprehensive evaluation guide of Sustaira's capabilities based on the ESG Evaluation Criteria Framework. In this section, you can get a clear breakdown of each segment, what it includes, what you may want to consider, and how Sustaira addresses each criterion.