Organisational and operational boundaries are fundamental concepts that outline key characteristics of any GHG inventory. They help both internal and external stakeholders in addressing important queries related to corporate GHG emissions tracking.
A greenhouse gas (GHG) inventory is a comprehensive list of emission sources and their associated emissions quantified using standardised methods. This includes both direct and indirect emissions across all three GHG scopes.
A well-documented GHG inventory enables a company to evaluate its Corporate Carbon Footprint (CCF), which represents the total volume of GHG emissions generated by the company within a specific timeframe. This metric serves as a measure of the company's environmental impact and its contribution to climate change through its operational activities.
A GHG inventory is a essential tool for calculating a company's environmental impact through its CCF. This data is crucial not only for meeting regulatory requirements but also for establishing trust with stakeholders and demonstrating a commitment to sustainability. The company's CCF can serve various purposes, including:
Disclosing GHG emissions data voluntarily or as required by regulations
Setting baselines for company-wide decarbonisation strategies and targets
Engaging stakeholders such as investors, customers, employees, and communities
Demonstrating your company's commitment to the environment, so as to build trust, attract investors, and meet the growing demand for sustainable product and services
Managing risks, finances, operational efficiency, and supply chain engagement
Terrascope combines accurate Corporate Carbon Footprinting with a focus on Scope 3 emissions, and robust Product Carbon Footprinting, to measure Cradle-to-Grave emissions on a single platform
Through advanced data-processing methods, Terrascope efficiently handles data from various sources and formats, allowing companies to seamlessly integrate information from their systems and suppliers
With our proprietary data confidence methodology, Terrascope provides a deep understanding of Scope 1, 2, and 3 emissions across the company's entire value chain
Going beyond just measurement, Terrascope helps companies develop and implement reduction strategies to achieve net-zero goals by 2050