Support, guide, and empower your suppliers to take ownership of their sustainability journey – whether they’re new to the game or just need a little nudge. Using ready-made questionnaires and built-in calculations, Worldfavor’s CO2e Emission Calculator lets companies quickly and smoothly spot which activities have the biggest environmental impact. Getting hold of the vital data you need to understand your value chain emissions has never been this easy.
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About Worldfavor’s CO2e Emission Calculator
Reporting on scope 3 emissions (or indirect greenhouse gas emissions) that occur in your value chain is requested more and more often from both private and public stakeholders. However, many companies face various challenges in obtaining the data they need from suppliers and business partners to answer these demands. Too often, people lack the tools, resources, or knowledge needed to report – and there is no standardized way of collecting information, either – creating a big gap between what’s required in order to develop the transparency stakeholders are asking for and what data is actually available. The Worldfavor CO2e Emission Calculator was developed to enable your suppliers, business partner, and whoever else needs to get in control of their emissions to start measuring their CO2 emissions without the hassle.
What the tool enables for you:
- Empower and guide your suppliers in calculating their emissions and taking ownership of their sustainability
- Gain relevant data from suppliers to get to know your scope 3 emissions
- Learn where your climate impact is biggest and take smart actions to reduce your carbon footprint
- Report your progress to stakeholders
What the tool enables for your suppliers:
- Learn how their emissions are measured
- Calculate and understand emissions and their sources to get an overview of the company’s overall climate impact
- Get guidance on the most commonly reported CO2 emissions in their industry
How it works:
Invite the companies you need data from to Worldfavor to access the CO2e Emission Calculator
Start by inviting the companies you need data from to Worldfavor. In the platform, companies get access to the CO2e Emission Calculator to determine their emissions. This way, not only do you support your suppliers as they embark on their sustainability journey – you make sure that each one has all the tools they need to pinpoint the vital data for your scope 2 and 3 reporting.
Converts business activities into GHG emissions within seconds
The CO2e Emission Calculator automatically converts all of your suppliers’ business activities into GHG emissions. All they have to do is input the relevant data to see them visualized.
Not sure which activities to report on? No worries!
Of course, not all emission sources are equally relevant to every company. Knowing exactly what to report on can be tricky – which is why we’ve made it easy for your suppliers to filter KPIs by industry, so they can understand which emissions factors are most commonly applicable to their field. Simply select an industry - like clothing, health, or beauty - to see which activities are usually reported by businesses in that industry. This way, even your less mature suppliers know exactly what to measure.
What if suppliers aren't collecting the right data yet?
Many suppliers just getting started with sustainability reporting haven’t started recording the necessary data, such as how many long-haul flights they flew that year. But with the CO2e Emission Calculator, users can differentiate between estimated and actual data — giving you greater transparency and enabling you to collect more accurate data.
Immediately spot which activities have the biggest climate impact
See all your emissions data neatly visualized. See the total number of emissions, or zero in on how much each activity emits alone. This feature allows both you and your supplier to identify which activities leak the most emissions, helping you decide how to take smart action to reduce your carbon footprint.
Export and communicate data findings with just one click
Export and convert new insights from the tool into organized spreadsheets that can easily be shared with stakeholders. Simply import the data back into the tool again to add new data or make changes. Instead of getting bogged down in time-consuming manual processes, you can move forward faster - powered by real, actionable sustainability data.
Empower your suppliers to move in a more sustainable direction
Offering them a dedicated tool to easily calculate CO2 emissions allows each supplier to understand how their operations contribute and where their climate impact is biggest – while you understand the full spectrum of your scope emissions. A win-win for you and suppliers alike.Start understanding your value chain emissions today
Set up your reporting process in Worldfavor’s Sustainable Sourcing solution to get access to the CO2e Emission Calculator today. Want to know more? Let’s set up a meeting with one of our experts!
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