Maturing Emissions Reporting & Management

“The industry has experienced an accelerated focus on emissions management, but requires the appropriate foundations to advance across the maturity curve.”

 

Emissions Management Maturity Continuum

  • Companies are keenly focused on delivering annual, static emissions reporting as a part of their Sustainability Reports – driven by stakeholder pressures and the emerging SEC climate disclosure proposal
  • The annual process has proven to be challenging and resource intensive, driven predominately by disparate activity sources, various reporting requirements, and lack of overall governance for a new process
  • Companies should look to establish and streamline the base foundations of emissions management to convert the process from a value preservation activity to a value-added activity
  • As the organization progresses from Level 1 to Level 3, the company benefits from data access & quality, internal controls, and reduced cycle-times. From Level 3 to Level 5, the company enables data-driven planning and insights and market leading emissions management

Best-in-Class Emissions Management

As the organization matures across the emissions continuum, so too will its ability to deliver on critical “Emissions Planning & Analysis” activities.

 

 

Requirements for Best-in-Class Emissions Management are Comparable to Familiar FP&A Pillars

  • Focus on putting the foundations in place to become better stewards which will enable the ability to also become planners and partners
  • Meeting reporting requirements is the short-term objective, and building a best-in-class sustainable organization is the vision
    • Take the time and effort to kill two birds with one stone, where possible
  • The organizations that deliver on the 3 pillars will convey to the market a climate narrative backed by leading climate action
  • Standardized processes and data governance are critical “blocking and tackling” activities required to streamline the end-to-end process….
  • ….Coupling process with fit-for-purpose technology accelerates the company’s ability to deliver best-in-class emissions management

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