Author: Lode Verbruggen
As part of BrightWolves’ sustainability offering, we developed an environmental footprint assessment to support companies in their sustainable business transformation. The assessment tool measures a company’s greenhouse gas (GHG) emissions and is based on well-known international standards and methodologies to make it widely usable and recognized.
Paris agreement as a global enforcement to counter climate change
In 2015, 195 countries adopted the first-ever universal, legally binding global climate deal. The Paris Agreement’s central aim is to strengthen global responsibility to the threat of climate change by keeping the global temperature rise below 2 degrees Celsius (above pre-industrial levels) and even to limit it to 1.5 degrees Celsius. Furthermore, the Agreement also pursues to increase the ability of dealing with the impact of climate change
Concretely, all Parties must put their intentions forward in nationally determined contributions (NDCs). Following this, they need to report regularly on their emissions and implementation efforts. Every 5 years, a global overview will be created to assess the collective progress and needed actions. The European Union has created an NDC for all its member states which encompasses ambitious targets for the period 2021 to 2030:
At BrightWolves, we believe we have a social responsibility as well as the capabilities to help drive this change and support companies in their sustainable business transformation. Therefore, BrightWolves developed a framework and tool to assess a company’s environmental impact in terms of greenhouse gases (GHG), focused on carbon emissions, in order to build a structured approach to strive towards carbon neutrality or even positivity.
Three scopes to evaluate environmental impact of company related activities