What is your company carbon footprint - How to calculate it?
To contribute to the global Net Zero goal, it is crucial for every business to demonstrate a commitment to reducing greenhouse gas (GHG) emissionsarising from both direct and indirect activities. The collective greenhouse gas emissions generated by a business are commonly referred to as company carbon footprint.
If you are wondering how to measure this footprint, including the minimum required salary and timeframe, please continue reading the article below.
1. What is the company carbon footprint?
In order to run a company, various activities such as production, transportation, mining, distribution, and construction are necessary. A company carbon footprint refers to the total amount of greenhouse gas (GHG) emissions, primarily carbon dioxide (CO2), generated directly and indirectly by these activities
- Direct Emissions: These are emissions that come from activities that the company directly controls. This includes things like emissions from burning fuels on-site, using company-owned vehicles, and industrial processes.
- Indirect Emissions: These emissions are a result of the company's operations but come from sources that the company doesn't directly own or control. They often stem from generating electricity, heating or cooling that the company uses, transportation of goods and services, and waste disposal.
2. Why should corporations understand their carbon footprint?
By comprehending the company carbon footprint, corporations can take responsibility for their environmental impact. Understanding the amount of greenhouse gas emissions they generate allows them to identify areas where they can reduce their carbon footprint.
Other conditions are that many jurisdictions have implemented regulations and policies related to carbon emissions. According toCSRD (EU Law), the rules which enforce large companies announce the data on their effects on the environment. This will start applying between 2024 and 2028:
- From 1 January 2024 for large public-interest companies (with over 500 employees) already subject to the non-financial reporting directive, with reports due in 2025
- From 1 January 2025 for large companies that are not presently subject to the non-financial reporting directive (with more than 250 employees and/or €40 million in turnover and/or €20 million in total assets), with reports due in 2026
- From 1 January 2026 for listed SMEs and other undertakings, with reports due in 2027. SMEs can opt-out until 2028.
Another reason the firm should understand and measure company carbon footprint is to provide a competitive advantage in the marketplace. Consumers are increasingly favoring eco-friendly companies, and corporations that proactively manage their carbon footprint can differentiate themselves from competitors.
3. How to measure company carbon footprint?
To measure a company carbon footprint, follow these general steps:
Step 1: Define Scope
Determine the boundaries and scope of the assessment. Decide whether to include:
- Direct emissions (Scope 1)
- Indirect emissions from purchased electricity and business travel (Scope 2)
- Other indirect emissions from the supply chain (Scope 3).
Step 2: Collect Data
Gather relevant data related to energy consumption, fuel usage, transportation, waste generation, and any other activities that contribute to carbon emissions. This may involve reviewing utility bills, invoices, travel records, and production data. Consider using software tools or engaging sustainability consultants for data collection and management.
Step 3: Define emission factors
Total company carbon footprint equation include one important element is: emission factors . Convert the collected data into carbon dioxide equivalent (CO2e) using appropriate emission factors. Emission factors are standardized values that estimate the amount of emissions associated with specific activities or energy sources.
Step 4: Combine data and emission factors
Calculate emissions by multiplying the activity data (e.g., fuel consumption) by the corresponding emission factor. Sum up all the emissions from different activities to obtain the total carbon footprint.
Step 5: Verify and Report
To ensure the accuracy and credibility of the calculations, it is recommended to validate the carbon footprint with a third-party auditor. This verification helps to enhance the trustworthiness of the results.
Once validated, prepare a detailed report that includes the methodology used, data sources, the calculated carbon footprint, and any reduction goals or initiatives in place
Step 6: Action
Last but not least, It doesn't make sense to calculate a target if no action is taken on it.
So, analyze the data to find places with high emissions and areas where emissions can be reduced. Create a strategy to reduce carbon, set achievable goals, and implement actions to lower emissions. Keep track of progress, adapt strategies as needed, and report on improvements over time.
Equation of total Company carbon Footprint
In conclusion, understanding and measuring a company carbon footprint is crucial for businesses to address their environmental impact and contribute to global sustainability efforts.
By calculating and monitoring their emissions, companies can identify areas for improvement, implement targeted reduction strategies, and promote energy efficiency. Taking proactive steps to reduce carbon emissions not only helps combat climate change but also demonstrates environmental responsibility and enhances the company's reputation.
4. Bio-based plastics manufacturer
AirXstands out as a brand that goes beyond carbon neutrality by actively removing more carbon dioxide from the atmosphere than it generates. By manufacturing carbon-negative products, AirX demonstrates a commitment to environmental sustainability and offers a solution for reducing carbon emissions associated with traditional products. Our carbon-negative approach sets them apart in the market and showcases our dedication to combating climate change. 
AirX has gained recognition from consumers and industry professionals for its innovative approach to creating sustainable products. The company has partnered with many global corporations such as Paula’s Choice, Roche, Porsche, and more.
Aside from their commitment to sustainability, AirX also values innovation and technology. They constantly invest in research and development to create new and improved products that are both sustainable and technologically advanced.
Contact us
AirXis the world’s first carbon-negative bio-material made from coffee grounds manufacturer.
We specialize in producing bio-based composites using recycled carbohydrates derived from by-products such as coffee grounds, coconut husk, husk, and bamboo. Our goal is to promote sustainability through the use of eco-friendly materials.
We are always here to help and provide the best service possible. If you have any questions or would like to receive advice and feedback directly from our sales staff, please do not hesitate to contact us. You can reach us through:
- Whatsapp: +84 969 742 950
- Email: [email protected]
We look forward to hearing from you!
