Overview
Streamline Scope 1 and 2 emissions calculations for reporting
Calculating Scopes 1 and 2 greenhouse gas emissions for reporting can be complex and challenging. Especially when working from spreadsheets with complicated formulas, data from multiple countries in different units and currencies, complex certificate allocations and accounting and data that auditors can’t easily validate.
IBM Envizi: Scope 1, 2 GHG Accounting + Reporting carbon accounting software streamlines the entire process with a powerful emissions calculation engine built on the GHG Protocol. Utilizing over 40,000 emissions factors and a factor selection algorithm, it streamlines the preparation of emissions data for ESG reporting while standing up to the scrutiny of external auditors.
Scope 1, 2 GHG Accounting + Reporting from IBM Envizi (02:41)
Benefits
Simplified calculations
Automation of carbon emission factor calculations and standardization of units and currencies across regions mean a spreadsheet-free world filled with simplicity.
Worry-free auditability
Built on the GHG Protocol, all emissions calculations are complete, accurate, investment grade and stand up to the scrutiny of external auditors.
Reporting flexibility
A highly customizable organizational hierarchy allows for structuring the thousands of streams of Scopes 1 and 2 data in multiple ways to meet different reporting and access requirements.
Increased visibility
View the carbon emissions footprint of your entire organization, region or individual location and compare it to a previous period or baseline year for complete visibility into your emissions performance.
Features
Emissions calculation engine
Built on the GHG Protocol, the embedded emissions calculation engine incorporates a global library of over 40,000 managed emissions factors, including those from the US EPA, eGRID, DEFRA, country electricity factors from IEA, residual mix factors from the US and Europe and publicly available frameworks in other regions.
Custom emissions factors
Add custom and third-party emission factor sets to address your organization’s emissions reporting needs.
GHG reductions management
Categorize carbon offsets and renewable energy certificates as GHG reductions outside of your carbon inventory to ensure accurate emissions calculations.
More features
Factor selection algorithm
Envizi’s built-in factor selection algorithm further automates emissions calculations by cycling through a filtered list of factors to arrive at a match on data type, factor set, region and time period.
Market-based emissions
Envizi automatically manages and applies residual mix factors to grid electricity consumption not already covered by renewable energy certificates.
Performance dashboards
Prior to emissions reporting season and throughout the year, review your emissions inventory and compare with previous years, company baselines and targets to see if performance is on course.
PowerReports
Microsoft Power BI-embedded Envizi PowerReports allow for the creation of customized emissions performance reports designed to meet different stakeholder requirements.
GHG Protocol
Built on the GHG Protocol
This tool has been reviewed by the World Resources Institute for conformance with the GHG Protocol Corporate Standard.
Related products
Next step
Ready to transform your ESG reporting?
Get a closer look at IBM Envizi to learn more about how this ESG management suite can help accelerate your ESG strategy.