Calculation of the CO₂ footprint of companies

CO₂ footprint, talk | 6. February 2023
Phillip Blumenthal
Head of Sustainability

Calculation of the CO₂ footprint of companies

Companies today have a major responsibility to minimize the environmental impact of their business activities. One important aspect of this is calculating their own CO₂ footprint. The Greenhouse Gas (GHG) Protocol allows companies to divide their CO₂ emissions into three scopes: Scope 1, 2 and 3.

What does the GHG Protocol Scope 1, 2 and 3 mean?

The GHG Protocol is an internationally recognized framework for calculating and monitoring greenhouse gas emissions. Scope 1, 2 and 3 differ in terms of the origin of emissions.

Scope 1: Direct emissions

Scope 1 comprises direct emissions caused directly by the company. These include, for example, emissions from fuels such as gas, oil or coal that are burned in factories, buildings or vehicles.

Scope 2: Indirect emissions from electricity supply

Scope 2 relates to indirect emissions resulting from electricity supply. These emissions arise from electricity production outside the company. Companies can reduce their indirect emissions by using renewable energies and energy-efficient technologies.

Scope 3: Indirect emissions from other sources

Scope 3 includes indirect emissions that are caused outside the company itself but are nevertheless attributable to the company. These include, for example, emissions from supply chains, travel or waste disposal.

How can you calculate the CO₂ footprint?

To calculate the CO₂ footprint, companies must first identify all relevant emission sources. They then need to calculate the amount of greenhouse gas emissions originating from each source. This can be done through a combination of measurements and estimates.

The calculation is very complex and is therefore currently still mainly based on estimates. We would be happy to show you how Code Gaia can calculate your Scope 3 emissions quickly and reliably with little effort.

With its solution, Code Gaia adheres to the categorization and methodology of the GHG protocol when calculating the carbon footprint of companies. In addition to a guaranteed standard-compliant calculation and “one-click” report, Code Gaia gives you the opportunity to reduce your footprint in a targeted manner.

What can you expect from a collaboration with Code Gaia?

  • Holistic understanding of your company’s impact on global warming.
  • A standards-compliant analysis of your CO₂ footprint to communicate internally and externally
  • A personal contact who will guide you in reducing your emissions and be available to answer questions
  • From data upload to optimization strategy in around 14 days
  • 90 % time savings thanks to intelligent software
  • Low internal effort (only the data upload is necessary)

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