In today's business world, measuring and controlling greenhouse gas (GHG) emissions is virtually unavoidable for companies. The obligation to conduct GHG accounting arises not only from regulation, but also from massive pressure from customers throughout the supply chain, as well as financial requirements from banks and investors.
More and more companies are therefore faced with the challenge of implementing their climate strategy in a data-driven and legally compliant manner. Reliable GHG accounting plays a central role in this as the basis for transparency and sustainable decisions.
Practice shows that companies regularly fail in emissions accounting in the following four areas:
Companies face the challenge of collecting activity data from a wide variety of sources, such as suppliers, logistics, vehicle fleets, and energy consumption. This data is often available in different units (e.g. , liters, gallons) and validity periods and must be linked to thousands of emission factors (EF). In many cases, estimates are unavoidable.
Without accurate emissions data, companies are coming under increasing financial pressure. Developments such as CO₂ taxes, emissions trading (ETS), and the Carbon Border Adjustment Mechanism (CBAM) make a sound data basis essential. Those who fail to act in time risk avoidable levies and jeopardize their own profitability.
The access to capital depends more than ever on a company's climate strategy. Banks and investors expect transparency on emissions in order to be able to invest responsibly and securely for the future. Without reliable data or a meaningful GHG balance sheet, companies risk exclusion from financing programs – and thus real competitive disadvantages.
Many GHG tools provide a number, but no answers to the question: "What now?" A simple balance sheet is not enough. Companies need the ability to set goals, break them down to lower organizational levels, and continuously track progress. In addition, they often fail due to the rigid mapping of their own organization, as reality is more complex than just a simple company structure.
ID-Report automates emissions calculation and offers a unique combination of flexibility and strategic focus to solve these challenges.
The software converts manual, error-prone processes into automated, standard-compliant calculations.
ID-Report is designed to adapt to your company's reality, not the other way around.
ID-Report offers efficient tools to help you move from pure reporting to strategic reduction:
ID-Report provides you with the necessary planning security and transparency on a single platform and transforms the challenge of GHG accounting into a clearly defined path to climate neutrality.
Contact us today for a no-obligation ID-Report demo at and learn how to turn your emissions data into clear competitive advantages. Take the first step toward a climate-neutral future now.
A GHG inventory records all of a company's greenhouse gas emissions and is crucial for compliance with regulations and the expectations of customers and investors. It forms the basis for a credible climate strategy and helps minimize financial risks from CO2 taxes.
Publication: 05/2024
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Save time and improve data quality with ID-Report
TAKKT AG reorganizes data collection process
Improving the quality and completeness of data is essential for sustainable performance improvement and goal attainment. External product and supplier information as well as internal company data are crucial for assessing sustainability performance. To minimize the complexity of the…
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CSR reporting in corporate structures
Fenix Outdoor is a signatory of the ten principles of the UN Global Compact on behalf of its brands and retailers, and is committed to making a positive contribution to the UN goals for sustainable development. As an accredited member of the Fair Labour Association, the company places great emphasis on ensuring health and safety in the…
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bremenports has been operating the infrastructure of Bremen's ports on behalf of the Free Hanseatic City of Bremen since January 2002. With 390 employees, bremenports is represented in Bremen and Bremerhaven. In this success story you can read how ID-Report can be used in…
With ID-Report, we enable our customers to achieve comprehensive, efficient and consistent reporting.
ID-Report is not just a sustainability reporting solution. Whether energy management or project reporting - the potential for supporting manual and decentralized reporting processes is possible.
If you would like to learn more about our own efforts to become a more sustainable company, you can find our understanding of corporate responsibility and our respective Communication on Progress for the United Nations Global Compact here. You can also find more measures and opportunities with which we support the transformation to sustainability here:
