Standard Carbon has all the answers. These Frequently Asked Questions below help with most queries. If you can’t find the answer to your question, feel free to Contact Us.
What is a Carbon Footprint?
A carbon footprint is generated when you or your business perform an action that creates greenhouse gas emissions. For example, burning gasoline when we drive or use company vehicles, heating buildings and using coal-powered electricity. The main goal of a Carbon footprint report is to identify the major sources of the company’s emissions so then appropriate actions can be taken. Unlike other companies, Standard Carbon reports include emissions from the entire company’s operations and supply chain. If you’re on a budget you can try out our newly developed software SCOP3.
Why do I need a life cycle assessment ?
A life cycle analysis (LCA) is a tool used to assess the environmental impacts of a product or service throughout its entire life cycle, from raw material extraction to production, use, and disposal. There are several reasons why a company might choose to conduct an LCA. One reason is to identify areas of the life cycle where the greatest environmental impacts occur, in order to target efforts to reduce those impacts. Another reason is to meet regulatory requirements or voluntary sustainability standards that require companies to demonstrate the environmental performance of their products. An LCA can also help a company to identify opportunities for resource efficiency and cost savings, as well as differentiate its products in the marketplace by demonstrating their environmental benefits. Additionally, an LCA can provide a company with valuable information for internal decision-making and stakeholder communication. Standard Carbon is one of the only accredited VVBs to offer life cycle assessments.
What is a OBPS?
OBPS stands for “Output-based pricing system.” This system is used to tie the price of a product or service to its environmental or social benefits. The goal of an OBPS is to incentivize the production/consumption of goods and services which have a positive impact on society or the environment. An OBPS can take many different forms, depending on the specific goals and target audience of the pricing system. For example, an OBPS might be used to encourage the use of energy-efficient appliances, by setting a higher price on energy-intensive products and a lower price on energy-efficient ones. An OBPS might also be used to promote the use of renewable energy sources, by setting a higher price on carbon-intensive energy and a lower price on renewable energy. Overall, an OBPS aims to use pricing as a tool to encourage the production and consumption of goods and services that have a positive impact on society and the environment. Standard Carbon can help your company implement these pricing systems within your operations.
Does the size of my business matter?
Not at all! At Standard Carbon we believe that all businesses should have the opportunity to help our environment. Whether you’re a ten-person company in Ontario, or a ten-thousand-person company in New York we all have a carbon footprint
What is the SEC Climate disclosure?
SEC (the U.S Securities and Exchange Commission) proposed a rule requiring a more advanced version of ESG reporting by making climate change disclosures mandatory in the same vein as financial documents. This new rule would require businesses to disclose GHG information surrounding Scope 1,2 and 3. Do you have a plan in place? Let Scop3 do all the work for you, and be prepared for these new regulations!
What are Scope 3 Emissions?
Scope 3 emissions are all indirect Greenhouse Gas emissions from a company’s supply chain. Most of the time Scope 3 makes up 80% of a company’s carbon footprint, but because they are tricky to calculate they are rarely accounted for in Carbon Footprint reports. Leaving customers and investors feeling tricked and claiming to greenwash. Scop3 is dedicated to solving this issue by creating solutions to have accurate accounts of Scope 3 emissions.