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Frequently Asked

Questions

Standard Carbon can help you understand Carbon Footprint reports. 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 green house 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 Carbon Footprint calculators Standard Carbon reports include emissions from the entire company’s supply chain.

What is ESG?

ESG stands for Environmental Social Governance. These are a set of criteria used to measure a company’s sustainability. Meeting ESG goals are important for businesses of all sizes to thrive as the  growing demand for climate action amongst consumers and inventors keep rising. Many businesses use carbon footprint reporting as a step to meet these goals.

What are the advantages of knowing my carbon footprint?

Helping our planet starts with knowing your carbon footprint. A GHG inventory report provides your company with the information needed to make decisions to tackle climate change while saving money. Consumers and investors are concerned about their own environmental impact and react more positively with a business taking the necessary steps to reduce their carbon footprint in a transparent and effective way. Standard Carbon technology and ability to report all emissions means everyone involved can trust that the right steps are being taken. To read about more benefits click here.

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.