Klimato is partnering up with GRI for Scope 1-3 reporting excellence

One of our key goals at Klimato is to help our customers harness the power of data in order to implement an effective carbon reduction strategy when it comes to the food they serve.

As recent EU regulations are requiring more and more companies in the industry to take accountability for their emissions, Klimato has been actively supporting food businesses to assess, report and ultimately reduce their environmental impact. Beyond compliance, having access to trustworthy emission data is the first step to drive sustainable growth in your organization in the long run, and Klimato is here to support you on that journey.

What on Earth are Scope 1, 2 & 3 emissions?

Greenhouse gas (GHG) emissions can be classified in Scope 1, 2 & 3 emissions. By categorizing emissions into these three scopes, organizations can better understand the full extent of their environmental impact and develop strategies to reduce emissions across their operations and supply chains.

• Scope 1: Direct GHG emissions from operations that are owned or controlled by the reporting company.
  
  
• Scope 2: Indirect GHG emissions related to the generation of energy (electricity, heat, cooling or steam) purchased or acquired by the reporting company.
  
  
• Scope 3: All indirect GHG emissions (not included in Scope 2) that occur in upstream and downstream activities of the value chain of the reporting company.

A robust methodology

Our carbon footprint methodology is the backbone of what we do at Klimato, and we are proud to put it at the service of our customers to support them in achieving world-class reporting. The Klimato methodology builds upon existing accounting and reporting standards and guidelines from the Greenhouse Gas Protocol (GHG Protocol) and reporting standards from the Global Reporting Initiative (GRI), of which Klimato is now an officially licensed software and tools partner.

What does it mean to be a GRI licensed partner?

GRI is the independent international organization that helps businesses, governments and other organizations understand and communicate their sustainability impacts. To this day, GRI provides the ‘first and foremost’ global standards, used by 78% of the biggest companies by revenue. Reporting with reference to the GRI Standards allows reporting companies to increase consistency of the reported information overtime. As a matter of fact, GRI Standards were created with the goal of standardizing practices for sustainability reporting, empowering stakeholders at all levels with access to consistent, comparable information on the economy, environment, and people.

This enables Klimato to produce reports that disclose information about the reporting company’s climate impacts in a structured and credible manner and, most importantly, that are compliant with requirements for environmental, social and governance reporting (ESG). This, in turn, could help the reporting company prepare reports that comply with the upcoming EU Corporate Sustainability Reporting Directive (CSRD).

What does Scope 1-3 reporting with Klimato look like?

To support the application of the methodology to calculate Scope 1-3 emissions, Klimato has developed three fit-for-purpose tools. The first one is a structured Data Collection System (DCS) that enables a step-by-step process for identifying emission sources among a company’s activities and collecting quantitative data. 

The second one is a GHG emissions Calculator that builds on GHG Protocol-compliant calculation methods and incorporates extensive and up-to-date databases of emission factors, including the Klimato Database. 

The third one is a standardized report template that is aligned to requirements for reporting with reference to the GRI Standards. The Klimato Database has been certified by Coolfood, a World Resources Institute (WRI) initiative.

A stepwise process

• Step 1: The reporting company, in consultation with Klimato, defines the business goals, and the organizational and operational boundaries of the GHG emissions inventory.
  
  
• Step 2: The company collects data using the DCS. 
  
  
• Step 3: Klimato performs the calculation of the Scope 1, 2 and 3 emissions using the collected data and the Calculator. 
  
  
• Step 4: Klimato performs a data quality assessment. 
  
  
• Step 5: The fifth step is optional. In this step the company, in collaboration with Klimato, sets climate targets and defines the approach to track emissions over time. 
  
  
• Step 6: In this final step, Klimato prepares the report on behalf of the reporting company.

Whether Scope 1-3 reporting is a necessity or a desired next level in your business’ sustainability strategy as a way to prepare for future requirements, investing in your reporting systems and finding the right partners in the process is crucial for optimal results. Klimato’s methodology is tailored for the challenges of food-related reporting, enabling your business to achieve reliable, up-to-date emission data that are grounded in the highest scientific standards.

Curious to learn more about Scope 1-3 reporting? Check out Klimato's Scope 1, 2 & 3 Assesment Methodology Report to dig into the details or get in touch with our team to find out how Scope 1-3 reporting would look like for your business. We're here to guide you on your sustainability journey!