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🌍 Need to meet carbon management expectations? We're here to help! Join our June 27 webinar to preview Workiva Carbon, the newest integrated solution built to help #sustainability and #finance teams measure, manage, track, and report carbon emissions—all in one platform. 👉👉Sign up here: https://lnkd.in/gqX2tJnX In just 30 minutes, we’ll demonstrate how simply you can: ✔️ Collect real-time data from ERP platforms, accounting systems, and utility providers, and track greenhouse gas (GHG) emissions across facilities and locations using thousands of externally validated emissions factors that cover 240+ countries and territories ✔️ Automatically calculate emissions inventories across scopes 1, 2, and 3 ✔️ Set science-based reduction targets, assess #ESG risks across your supply chain, visualize mitigation pathways, engage suppliers, evaluate decarbonization efforts across global warming scenarios, and track progress ✔️ Share, leverage, and link the same set of trusted data to deliverables across business functions ✔️ Align emissions data to voluntary and mandated frameworks and create reports within the #WorkivaPlatform that are always audit-ready #CarbonAccounting #Sustainability #SustainabilityReporting #ESGreporting

🌍 Need to meet carbon management expectations? We're here to help! Join our June 27 webinar to preview Workiva Carbon, the newest integrated solution built to help #sustainability and #finance teams measure, manage, track, and report carbon emissions—all in one platform. Sign up here: https://lnkd.in/gqX2tJnX In just 30 minutes, we’ll demonstrate how simply you can: ✔️ Collect real-time data from ERP platforms, accounting systems, and utility providers, and track greenhouse gas (GHG) emissions across facilities and locations using thousands of externally validated emissions factors that cover 240+ countries and territories ✔️ Automatically calculate emissions inventories across scopes 1, 2, and 3 ✔️ Set science-based reduction targets, assess #ESG risks across your supply chain, visualize mitigation pathways, engage suppliers, evaluate decarbonization efforts across global warming scenarios, and track progress ✔️ Share, leverage, and link the same set of trusted data to deliverables across business functions ✔️ Align emissions data to voluntary and mandated frameworks and create reports within the #WorkivaPlatform that are always audit-ready #CarbonAccounting #Sustainability #SustainabilityReporting #ESGreporting

📣 Workiva Carbon, our new integrated solution for managing, tracking, and reporting carbon emissions (ALL within our unified platform)! 👉 To learn more about how Workiva Carbon can help you and your team, check out the details of our June 27 webinar below. #sustainability #AssuredIntegratedReporting #finance

Join our Webinar on June 27 to learn how Workiva Carbon can help you measure, manage, track & report your emissions.

Are you as excited as I am about Workiva Carbon, our new integrated solution for managing, tracking, and reporting carbon emissions (ALL within our unified platform)? This is a game changer for financial reporting and sustainability teams trudging through endless carbon spreadsheets with risky and inefficient processes all over them. To learn more about how Workiva Carbon can help you and your team, check out the details of our June 27 webinar below. Come find me in the audience...I'll save you a seat!

🌍 Demystifying Greenhouse Gas (GHG) Reporting in the Digital Age: Technology is revolutionising how we approach sustainability, specifically in reporting and managing GHG emissions. Key takeaways from a recent article: 1️⃣ Unified Systems: Integrating sustainability data with existing financial platforms. 2️⃣ Tech-Driven Training: Using IT expertise for detailed GHG data collection. 3️⃣ Digital Accuracy: Adopting automated tools to simplify and verify GHG data. 4️⃣ Collaborative Efforts: Joining forces between tech, finance, and sustainability for optimal reporting. Given these elements, it's essential to consider how digital strategies enhance our environmental reporting and the role of digital technology in reaching global sustainability goals. Dive into the interplay between technology and sustainability. #DigitalIntegration #GHGReporting #ESGReporting #SustainabilityMatters #Digitalstrategy ----- For more posts like this, please make sure you follow our brand new LinkedIn page https://lnkd.in/dMSGuRy2, we're regularly sharing insights on digital transformation and more!

Pricing made easy - Introducing ESG Pricing Engine! In a reactive energy market, it’s crucial to be proactive. That's why we're thrilled to introduce the ESG Pricing Engine. Supporting you to: 👉Navigate market complexities Gain insights and make informed decisions in a reactive market. 👉Bespoke products for dynamic markets Design bespoke products that perfectly match customer needs. 👉Ditch the spreadsheets Generate complex quotes with ease, freeing yourself from outdated methods. 👉Manage risk with more confidence Stay on top of market exposure and make data-driven decisions. 👉Deliver at scale Automate accurate quotes and streamline your processes. 👉Embrace agility Remain efficient and adapt quickly in a volatile market. Find out more: https://lnkd.in/euMSvKRA #esg #pricingengine #energypricing #energyindustry

🌍 Achieving Science-based targets needs a Scope 3 emissions focus The importance Scope 3 emissions has grown significantly over the last few years, but the barriers to measuring and reducing them has been a constant challenge for enterprises of all sizes! The Science Based Targets initiative (SBTi) released a research document with support from Boston Consulting Group identifying barriers to Scope 3 emissions targets setting. Just in last 5 years, over 70% of organisations have re-baselined their emissions, 50% of which have been due to methodological changes e.g., changing emissions factor databases or methods. Let’s deep dive to find the key insights from the research and how Carboledger is addressing them : 🌱 Lack of access to supplier data is a barrier to Scope 3 baseline 85% respondents of the survey believe data access is a barrier to developing an inventory. This is primarily due to a lack of supplier data; only 6% of respondents use supplier specific emissions factors today. Without measured primary data, companies often utilise average emissions factors. However, secondary data can limit comparability of footprints and create challenges for tracking the impact of actions required to deliver progress. 🌱 Limited influence over the value chain 81% of respondents identify the ability to influence suppliers in their value chain as a barrier to delivery. They cite factors including supplier fragmentation, supplier disintermediation, degree of negotiating power, nature of supplier relationship and supplier willingness to act. 🌱 Emissions reductions at the cost of company growth 58% of respondents find company growth to be a barrier to delivering a scope 3 science-based target (especially relevant for the 57% of respondents with absolute rather than intensity targets). In addition, 61% cite the cost of decarbonizing the supply chain as a barrier, particularly driven by higher OPEX due to green premiums for low carbon products and services. How Carboledger supports your organisation’s Scope 3 decarbonisation? Carboledger helps chemical companies decarbonise their supply chain with accurate, supplier-specific PCF data that is standardised and compliant. Our secure network connects suppliers, customers and carbon solutions providers, allowing enterprises to seamlessly share, access and collaboratively manage primary PCF information. With our help, companies can reduce dependency on estimations-based carbon accounting and industry averages, all the while enhancing customer relations and maintaining 100% control over confidential data. Follow us Carboledger™ to learn more

🔍 Harnessing Technology for Advanced GHG Reporting: In the ever-evolving world of sustainability, ORIC Consulting champions the pivotal role of IT in redefining greenhouse gas reporting standards. What we've discerned: 1️⃣ Integrated Tech Solutions: Seamlessly integrating sustainability data into our robust financial systems. 2️⃣ Empowering Through Training: Offering IT-based training solutions for accurate GHG data insights. 3️⃣ Precision Through Automation: Utilising cutting-edge tools for efficient GHG data management. 4️⃣ Unified Approach: Advocating collaboration between tech, finance, and sustainability for exhaustive, transparent reporting. This innovative blend of tech and sustainability drives us: How can our digital services elevate your sustainability endeavours? Why is tech the linchpin in ensuring unparalleled GHG reporting? Discover our insights into this transformative journey. #TechMeetsSustainability #GHGReportingExcellence #InnovateWithORICConsulting 👉 https://lnkd.in/dktTCtdB At ORIC Consulting, we envision a world where technology and sustainability converge, creating a brighter, eco-friendly tomorrow! 🌍💡

🌍 𝗪𝗵𝘆 𝗠𝗲𝗮𝘀𝘂𝗿𝗲 𝗦𝗰𝗼𝗽𝗲 3 𝗘𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀? 🌍 Measuring Scope 3 emissions is essential for several reasons: - 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗘𝘅𝗽𝗲𝗰𝘁𝗮𝘁𝗶𝗼𝗻𝘀: Customers and investors increasingly expect companies to disclose their Scope 3 emissions and take action to reduce them. - 𝗕𝗿𝗮𝗻𝗱 𝗮𝗻𝗱 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀: A robust plan to measure and manage these emissions can enhance brand health, attract new customers, and build investor confidence. - 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗼𝗿𝘆 𝗖𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲: Various frameworks and regulations, such as GRI, CDP, and SBTi, mandate Scope 3 emissions accounting. 𝗠𝗲𝘁𝗵𝗼𝗱𝘀 𝗳𝗼𝗿 𝗠𝗲𝗮𝘀𝘂𝗿𝗶𝗻𝗴 𝗦𝗰𝗼𝗽𝗲 3 𝗘𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 The Greenhouse Gas (GHG) Protocol provides the most widely accepted framework, defining 15 categories that cover both upstream and downstream activities. Key methods include: 1. Spend-Based Method: Estimates emissions based on the financial value of goods and services purchased from suppliers. 2. Fuel-Based Method: Calculates emissions based on the types and amounts of fuels used. 3. Activity-Based Method: Uses material weight and other units of measurement instead of financial data. 4. Supplier-Specific Method: Collects specific emissions data directly from suppliers. 5. Hybrid Method: Combines various methods for flexibility and comprehensiveness. 𝗦𝘁𝗲𝗽𝘀 𝘁𝗼 𝗠𝗲𝗮𝘀𝘂𝗿𝗲 𝗦𝗰𝗼𝗽𝗲 3 𝗘𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝘀 Quantifying Scope 3 emissions involves three main steps: 1. Data Collection: Gather data from various sources, including suppliers and value chain partners, using industry averages and proxies. 2. Calculation: Use appropriate methods to calculate emissions for each of the 15 categories defined by the GHG Protocol. 3. Aggregation and Reporting: Aggregate emissions at the corporate level to assess impact and set reduction targets. Managing Scope 3 emissions comes with challenges, such as data availability, complex value chains, and limited control over indirect emissions. Some Best practices include: - Engage Suppliers: Work closely with suppliers to collect accurate data and develop strategies for reducing emissions. - Leverage Technology: Use digital tools and platforms to streamline data collection and analysis. - Set Progressive Targets: Establish and regularly update targets for reducing Scope 3 emissions. - Continuous Improvement: Foster a culture of continuous improvement by regularly reviewing and refining your emissions management approach. #Sustainability #ClimateChange #Scope3Emissions #EnvironmentalImpact #GreenhouseGas #CorporateResponsibility #SupplyChain #SustainableBusiness #Innovation