Carbon Footprint Analysis Explained

published on 25 October 2024

Want to measure your company's carbon emissions? Here's what you need to know:

4 main ways to track carbon emissions:

Method Best For Key Feature Cost
GHG Protocol Any size business 3-scope framework Free tools
ISO 14064 Large companies Step-by-step process Higher costs
PAS 2050 Product-focused Tracks single items Medium range
EcoHedge Small-medium business Automatic tracking £999/year

Quick comparison of tracking methods:

Feature GHG Protocol ISO 14064 PAS 2050
Structure 3 scopes 6 categories Product lifecycle
Data Needed Basic records Detailed logs Full product data
Verification Optional Required Required
Complexity Low High Medium

Here's the thing: 75% of most companies' emissions come from their supply chain (Scope 3).

The numbers don't lie:

  • 81% of S&P 500 companies report emissions
  • 22,000+ companies worldwide track carbon
  • Carbon tracking market growing 28.66% yearly

Bottom line: Pick GHG Protocol if you're starting out. Use ISO 14064 if you need detailed verification. Choose PAS 2050 for product-specific tracking. Go with EcoHedge if you want automation.

A YouTube Video Explaining the Concept of Scopes:

GHG Protocol: The Global Standard

GHG Protocol

The GHG Protocol splits emissions into three categories that every company needs to track:

Scope What It Measures Examples
Scope 1 Direct emissions you control Company vehicles, on-site fuel burning
Scope 2 Indirect energy emissions Purchased electricity, heating, cooling
Scope 3 All other indirect emissions Supply chain, business travel, waste

Here's how companies use the Protocol to measure their carbon footprint:

1. Map Your Emissions

Key Steps to Mapping Emissions

Start by listing EVERY source of emissions across all scopes. For a factory, this means:

  • Equipment emissions
  • Building energy use
  • Staff commutes
  • Material shipping

2. Get Your Numbers