Manufacturers - Are You Meeting Your Emissions Reporting Requirements?
Feeling pressure to report on emissions from your direct operations and supply chain? You’re not alone
Manufacturers at all levels of the supply chain are now feeling the burden of complying with reporting demands relating to their emissions and environmental impacts.
OEM’s Tier, 1, 2 and 3 suppliers also need to collect their own emissions data, then compile, audit and report on that data. Then manufacturers must generate emissions reports to provide to their supply chain and customers.
Gathering accurate and comprehensive data on Scope 3 emissions is complex and time-consuming. Dealing with large volumes of data as well as many reporting requests from different stakeholders, presents a serious logistical and administrative challenge for ill-equipped manufacturers.
The Solution?
An ESG Management software that will help manufacturers at all levels of the supply chain gather, track and report on their emissions data.
Gather & Track Emissions Data
Due to the large volumes of data generated, gathering and tracking can become a complicated administrative task. IsoMetrix Lumina integrates with internal business systems to improve and automate data collection, while intuitive dashboards enable real-time emissions tracking.
Clear & Organized Data
Emissions data sources located within different systems can lead to scattered and siloed information, degrading overall data quality. By providing a single source of truth for emissions, IsoMetrix Lumina improves data quality and increases organizational auditability. The clear and concise data enabled by Lumina simplifies the important auditing process, enhances strategic decision-making, and improves compliance.
Simplified Reporting
By leveraging thousands of emissions factors from the GHG Protocol, Part 98, DEFRA, and more, IsoMetrix Lumina automates greenhouse gas (GHG) calculations across Scopes 1, 2 and 3. Metrics can be linked to reporting demands, dramatically simplifying the up-chain emissions reporting requirements imposed by clients.
Reduce Administrative burden
By streamlining emissions data sourcing, providing a unified platform, enabling instant situation analysis, and automating emissions calculations, IsoMetrix Lumina eases the considerable admin burden of supply chain reporting for Tier 1, 2, and 3 suppliers.
See why IsoMetrix is the leader in ESG reporting and management.
IsoMetrix Lumina: The Leading ESG Management Solution for Manufacturing
Crucial solution modules
Our following software modules are important for managing the EHS and ESG performance of manufacturing companies.
Risk and Control Management
Inspections
Observations
Actions
Environmental Sustainability
Incident Management
Audits
Social Sustainability
ESG Reporting and Management
Increasing legislation and regulation on disclosing Scope 1,2, and 3 emissions for public companies means that manufacturing companies are increasingly needing to calculate their greenhouse gas (GHG) emissions and overall carbon footprint in order to disclose these to their public company clients.
Failure to do so may result in the termination or non-renewal of existing contracts, and may also negatively affect tenders for new business.
In addition, manufacturing companies may need to calculate and disclose the emissions over which they have control (Scope 1 and 2), as well as that of their upstream and downstream value chain (Scope 3 emissions) due to supplier, customer, and other stakeholder pressure.
Utilize IsoMetrix’s software for manufacturing companies to:
Scope 1, 2, and 3 emissions
In both instances, our ESG and carbon footprint management software can assist to:
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- Identify your emissions sources, track the consumption thereof (diesel for example), and calculate your emissions per greenhouse gas
- Provide you with access to a global standard emissions factors database via our in-built calculation engine
- Set emission reduction targets and track your progress in achieving these
The Role of Packaging Companies in the Scope 3 Emissions Challenge
Packaging companies can play an important role in environmental sustainability, particularly within the context of Scope 3 emissions reporting.
Download our free guide to learn more about GHG emissions scopes, where packaging companies fit in the Scope 3 reporting challenge, and how your packaging company can best provide value to support customer Scope 3 reporting demands.
Easing the Burden of Collecting Supply Chain Sustainability Data
In today’s interconnected and globalized business environment, managing sustainability across complex supply chains presents its own set of challenges, costs, and risks.
Download our complimentary whitepaper to discover how to ease the burden of collecting supply chain sustainability data, and explore strategies for optimizing your supply chain sustainability via technology and engagement.