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Why should your company measure and report its carbon footprint?
Comply with Regulations
Large companies view sustainability as a priority and are required to report carbon emissions at both European and international levels, in accordance with CSRD and GHG Protocol standards. To become a trusted partner in their supply chain, you need to calculate your carbon footprint and report it transparently.
Efficiency and Resilience
By calculating your carbon footprint, you identify exactly where your highest emissions come from, allowing you to take measures to save energy and manage your business more efficiently. Additionally, you demonstrate a commitment to decarbonization and open access to green financing opportunities dedicated to companies that reduce emissions.
Regulatory Compliance
Following the implementation of the Omnibus program, companies face a delicate choice: to stop reporting, which entails significant risks in an uncertain legislative context, or to continue reporting, thereby strengthening their sustainability strategy and preparing the organization for future changes. In these unstable times, failing to report means risking loss of credibility, difficulties in accessing financing, and vulnerability with major clients who demand transparency.
What is a carbon footprint?
The carbon footprint represents the total greenhouse gas emissions generated by a company through transport, energy, production, and waste. To collaborate with major players across all sectors, carbon footprint calculation and sustainability reporting are becoming mandatory. The benefits of working with a carbon footprint consultancy are clear: access to sustainable tenders and partnerships, greater corporate credibility, and increased chances of securing green financing.
Organizational Preparation
Selecting the methodology, filtering emission categories, analyzing previous carbon footprints, and assigning team members responsible for data collection.
Data Collection
Identifying sources for data collection, developing a data collection model, and improving processes for gathering data across departments.
Data Analysis
Developing a carbon footprint methodology, ranking emission sources, calculating intensity rates, identifying main emission categories, and providing recommendations for emission reduction.
Data Visualization
Creating a comprehensive carbon footprint report, including analysis results, intensity rates, methodology, and concrete actionable recommendations for reducing emissions.
Customer testimonials | See what our clients say about ECONOS
For METRO Romania, ECONOS represents an important partner in the process of cascading our GROUP ESG strategy throughout conducting the “CLIMATE FRESK” exercise, during different stages of the strategy implementation. Before starting everything else, you need to understand the majors: “why, when, and how”, translated in the perfect understanding of the problem before going to the solution and most importantly that the entire “CLIMATE FRESK” endeavor, in the end, creates the next coming behaviors, on the individual level and in the business culture.
Reporting our eligibility and analyzing the alignment of our activities with the EU Taxonomy was a long and complex process that required the involvement and effective collaboration of several internal departments. With the help of ECONOS, we managed to complete all the necessary steps more efficiently, develop internal expertise, and build a solid foundation for future reporting exercises.
For Cora, sustainability is a commitment to the future. Our collaboration with ECONOS on greenhouse gas emissions calculation and energy efficiency audit was an important step in our decarbonization strategy. Their specialized expertise and practical approach provided us with a clear perspective on our environmental impact and helped us identify concrete solutions for reduction.
Working with ECONOS on the EcoVadis certification process was a game changer for our company. Their team helped us understand every single requirement, structure our policies, and achieve a Gold medal in record time. We now have a clear sustainability roadmap for the upcoming years.
The Climate Fresk workshop conducted by ECONOS was inspiring and eye-opening for our entire leadership team. It gave our management practical understanding of climate science and transformed our internal approach towards sustainable procurement and emissions reporting.
Our sustainability services
Carbon Footprint
You meet the requirements of key clients and prepare for tenders and audits. You lay a solid foundation for a credible decarbonization strategy and for access to green financing.
EcoVadis
You stand out clearly in the procurement processes of major clients. Procurement programs use EcoVadis to assess suppliers and improve performance across the value chain, including in the automotive sector. You gain visibility and trust through medals, reports, and indicators that can be shared with clients and the market.
ESG reporting - VSME Standard
You avoid compliance risks and meet the mandatory requirements for large and listed companies under CSRD. It is not optional for entities within scope. You benefit from the European-level simplifications proposed to reduce bureaucracy while maintaining alignment with the essential requirements.
EU Taxonomy
You show investors which parts of your activities are aligned with the EU’s climate objectives, supporting access to capital. You comply with the reporting obligations set out in Article 8 for financial and non-financial entities within the scope.
ESG Training and Workshops for Companies
You accelerate your team’s autonomy through practical courses on CSRD, GRI, Taxonomy, and CBAM. You enhance internal climate awareness with Climate Fresk, a three-hour collaborative workshop that explains climate science and drives action.
We are now an official EcoVadis Consulting Partner.
As an EcoVadis Consulting Partner, ECONOS supports companies in completing assessments, understanding ESG requirements, and turning results into clear, actionable improvements.
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FAQs - Your questions answered
What is a carbon footprint?
A carbon footprint is the total greenhouse gas emissions caused by a person, product, or company. In sustainability consultancy, it’s a metric for measuring impact and guiding reduction strategies.
Why is carbon footprint important?
Reducing your business carbon footprint cuts costs, improves efficiency, and enhances your brand’s sustainability reputation. Tracking emissions supports ESG goals and attracts eco-conscious customers.
Is carbon footprint mandatory?
Carbon reporting is legally required for many big businesses, especially under EU CSRD. It helps manage sustainability by identifying risks and opportunities and non-compliance risks fines, reputation, and contracts with supply-chains.
How can I reduce my carbon footprint?
In order to reduce your carbon footprint, you can opt for a sustainability consultancy to guide you with tailored strategies, carbon offsetting, and compliance with environmental standards. Therefore, you will be able to assess your emissions, improve efficiency, and minimize waste.
How is the carbon footprint calculated?
Carbon footprints are estimated using life cycle assessment (LCA) for detailed analysis or input-output analysis for faster, large-scale calculations.
How does EcoVadis work?
EcoVadis provides global sustainability ratings, assessing ESG performance in environment, labor, ethics, and procurement to help businesses improve resilience and corporate responsibility.
Why is EcoVadis important?
Reporting to EcoVadis builds trust, simplifies data management, and boosts your company’s credibility with recognized sustainability indicators, helping you innovate and stand out among your competitors.
What is a sustainability report?
Sustainability reporting tracks a company’s ESG performance, supporting regulatory compliance and aligning with standards like GRI and SASB. It helps identify risks, improve transparency, reduce costs, and enhance brand reputation.
What are Scope 3 emissions?
Scope 3 emissions are indirect greenhouse gas emissions that occur across a company’s value chain but aren’t directly owned or controlled by the company. They include emissions from purchased goods, business travel, employee commuting, and product disposal. These emissions account for the largest share of a company’s carbon footprint.
What is ESG?
ESG stands for Environmental, Social, Governance which are essential criteria in sustainability to assess a company’s impact and guide responsible business decisions.