When it comes to measuring a company’s greenhouse gas emissions, there are several considerations to be made. While most companies are familiar with Scope 1 and Scope 2 emissions, Scope 3 emissions are often overlooked because they are difficult to attain. Scope 3 emissions are indirect emissions that occur from activities outside an organization’s boundaries, such as emissions that went into the production of goods or services purchased by the organization, its employees’ commuting, or its waste disposal. These emissions can have a significant impact on a company’s carbon footprint. Measurabl’s latest feature, Scope 3 Tenant Emissions View, is a game-changer for companies looking to gain a more accurate picture of their emissions profile.
Why are Scope 3 Emissions important?
Scope 3 emissions are becoming increasingly important as companies work to reduce their carbon footprint and meet sustainability goals. According to the Carbon Trust, Scope 3 emissions are often responsible for the majority of emissions in a company’s value chain and can account for up to 80% of the carbon impact of products and services. In real estate, the majority of Scope 3 emissions come from your tenants’ activities and energy consumption. Therefore, companies that ignore or underestimate Scope 3 emissions risk missing out on opportunities to reduce their environmental impact and cut substantial costs.
What does Scope 3 Tenant Emissions offer?
Measurabl’s Scope 3 Tenant Emissions View allows companies to accurately classify their Scope 3 emissions from energy meters. This feature provides an accurate report on emissions to both internal stakeholders and external frameworks, making it easier for companies to track their emissions and identify opportunities for improvement. With the ability to classify emissions from tenant energy meters as Scope 3, Measurabl users can now gain a more complete picture of their carbon footprint and take meaningful action to reduce their impact.
What are some benefits of using Measurabl’s Scope 3 Tenant Emissions View?
First and foremost, Measurabl’s Scope 3 Tenant Emissions View feature provides a more accurate picture of a company’s carbon footprint by separating tenant-driven emissions as Scope 3. This division can help companies identify areas for improvement and set more meaningful sustainability targets. Additionally, by tracking Scope 3 emissions, companies can better understand the impact of their tenant’s usage and make more informed purchasing decisions. Finally, reporting Scope 3 emissions can enhance a company’s reputation and demonstrate its commitment to sustainability to external stakeholders.
How does Measurabl’s Scope 3 Tenant Emissions View feature fit into the industry landscape?
Measurabl’s Scope 3 Tenant Emissions View feature is a valuable addition to the sustainability industry. As companies become increasingly aware of the importance of Scope 3 emissions, there is a growing demand for tools that can accurately measure and report on these emissions. Measurabl’s feature fills this gap by providing users with a simple and effective way to classify Scope 3 emissions from tenant energy meters. This helps to ensure that companies are not neglecting this critical area of their carbon footprint reporting.
Summary
Measurabl’s Scope 3 Tenant Emissions View feature is a crucial addition to the sustainability toolbox for companies looking to gain a more accurate picture of their carbon footprint. By tracking Scope 3 emissions, companies can identify areas for improvement, make more informed purchasing decisions, and enhance their reputation as responsible corporate citizens. Together, we can work towards a more sustainable future.