The urgency to address climate change continues to grow and is the theme of the upcoming Manitoba Chambers of Commerce luncheon on Climate Change presented by the International Institute for Sustainable Development. This luncheon is a perfect opportunity to become educated on actions your business can take to help the climate.
The first step a company can take is calculating your carbon footprint. A carbon footprint is the quantity of greenhouse gas (GHG) emissions generated by a business and its suppliers. Standard Carbon is the first in Canada accredited to the ISO 14065:2020 standard, making us leaders in helping companies understand their carbon footprint.
The Federal Canadian government states that “SMEs account for 99.8% of enterprises, 60% of employment, and 57% of gross domestic product in Canada”. Yet this same group of companies are least able to calculate their carbon footprints due to a lack of understanding and resources. Despite this knowledge gap, large corporations are increasing demands on suppliers to disclose the carbon footprint of their goods and services. While there are on-line tools to help you determine GHG emissions, these can only provide estimates. In our experience, nothing compares to working with an expert to identify GHG emissions and develop a plan to reduce them.
A company’s carbon footprint can be expressed in a number of different ways. The most common is in tonnes of C02e/Year, where a company might say they have a “carbon footprint of 5400 tonnes per year”. In Canadian Tire’s 2021 Sustainability Performance Report Canadian Tire they disclose a GHG revenue intensity of “270.8 kilograms of C02e per $1000”. Increasingly customers are asking for the specific carbon footprint of their purchase which could be, “what is the carbon footprint of everything you sell me in a year”? Always remember, your Scope 1 emissions are someone else’s Scope 3 emissions.
The Benefits of Calculating Your Carbon Footprint
Get ahead of questions from your employees and customers because the time is coming when calculating and disclosing this information will move from being voluntary to mandatory.
Need more info? No problem! Reach out to Standard Carbon to learn more: www.standardcarbon.ai
The urgency to address climate change continues to grow and is the theme of the upcoming luncheon on Climate Change with Jane McDonald of IISD. This luncheon is a perfect opportunity to become educated on actions your business can take to help the climate. The first step a company can take is calculating your carbon footprint.