We develop GHG emissions (Scope-1,2 &3) of facilities and support services initially on spread sheets for integration into life cycle inventory and product footprint. We also integrate financial modeling to assess climate change financial risk at different carbon cost projected scenarios for science-based targets (SBTi) for 1.5 degree C by 2050 and intermittent targets for 2025, 2030, 2035, 2040, 2045 and 2050. We also help in developing GHG reduction strategy for intermittent periods mentioned keeping in view company’s business commercial viability, competitive edge and sustainably survival during transitional phases to carbon net zero goal. We convert spread based models into cloud based GHGMIS model for long-term use and GHG reduction tracking and carbon offset internal credits and purchasing strategy for external purchase of vintage allowance:
Before committing to carbon neutral goals, businesses and entities need to understand their baseline carbon footprint for their GHG Scope-1, 2 and 3 emissions. Most of the business and entities reporting their facilities GHG Scope 1 (directly emitted from their facilities by fossil fuel use) and GHG Scope 2 (indirectly by using electricity generated fossil fuel fire power generation plants) to the US EPA GHG Reporting and Environment Canada GHG reporting respective programs for their facilities which exceed the 25,000 tCO2e per year reporting thresholds. They are compiling and reporting their Scope 1&2 to regulatory bodies since many years. However, just having their facilities GHG Scope 1&2 emissions does not provide their facilities full Life Cycle Carbon Foot-Print (CFP) which is normally used for GHG baseline. That requires also to include the GHG Scope 3 of their value chain in addition to facility related GHG Scope-1 &2 emissions. It is important to understand that just setting GHG Scope 1&2 based Science Based Target baseline and reduction targets will soon leave the company out of options to find opportunities to reduce their GHG emissions further since generally 70-80% of their Life Cycle GHG emissions are from their Scope-3 supply chain.
GHG Information Management System (GHGIMS)
To start with PDS builds the baseline Life Cycle Inventory (LCI) for GHG (Scope 1, 2 and 3) using generic life cycle emission factors from extensive life cycle emission factors database. After establishing baseline LCI, PDS builds its clients’ Cradle-to-grave, cradle-to-gate and gate-to-grave LCI baseline and reduction strategies using actual data of their facilities and their supplier facilities. This approach provides their product and services overall LCI foot-print as real-time and the reduction strategies are built on realistic, practical way that are integrated in to a company’s financial model.