In the face of the escalating climate crisis, businesses worldwide are recognizing the need to reduce their greenhouse gas (GHG) emissions. One crucial aspect of this process is monitoring carbon intensity, which refers to the amount of carbon (CO2) emissions produced per dollar of revenue.
Why Monitor Carbon Intensity?
Monitoring carbon intensity is essential for several reasons:
1. Efficiency: Carbon intensity metrics provide an indication of a company’s efficiency in its use of resources. They show whether a company is emitting less for a unit of output, and allow for evaluating investments needed to decarbonize.
2. Transparency: Accurate and exhaustive measurement of emissions is a significant challenge for many companies. Companies cannot know where to focus their reduction efforts without understanding the full extent and composition of their internal and external emissions.
3. Accountability: Carbon tracking and reporting are necessary to hold corporations accountable. It allows companies to measure and report where the bulk of emissions are coming from.
ZeroTrek's Essential plan
ZeroTrek offers a comprehensive solution for companies looking to monitor and reduce their carbon intensity. The Essential package offered by ZeroTrek includes several key benefits:
ESG assessments and scores: Evaluate your company’s environmental, social, and governance impacts with our easy-to-use ESG assessment. Receive detailed scores based on your performance in each area, allowing you to track your progress and make informed decisions for improvement over time.
Quarterly in-depth ESG assessment: In addition to the initial ESG assessment, we deep dive into specific areas of ESG such as positive impacts on people and the planet, community building and diversity in a well-coordinated quarterly schedule.
Comprehensive sustainability dashboard: Our all-in-one ESG sustainability dashboard provides in-depth insights into your company’s sustainability performance. It identifies potential risks and opportunities associated with your ESG standing, enabling stakeholders to make informed decisions.
Annual performance report: At the end of each calendar year, you will receive an Annual Performance Report that details your accomplishments in the areas of Environmental Sustainability, Social Responsibility, and Governance.
Carbon intensity: ZeroTrek measures your carbon intensity to help you manage potential risks.
While the long-term focus needs to be on reducing total emissions, tracking intensity-based metrics can provide evidence of the effectiveness of investments, set targets, or serve as criteria during investment decisions. By monitoring carbon intensity with ZeroTrek’s Essential plan, companies can make significant strides towards achieving net-zero emissions and contributing to global climate change mitigation efforts.