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      Scope 2

      Scope 2 emissions are indirect greenhouse gas (GHG) emissions associated with the purchase of electricity, steam, heating, and cooling consumed by a company.

      Unlike Scope 1, which deals with direct emissions from owned or controlled sources, Scope 2 covers indirect emissions from the generation of purchased energy. Effective management of Scope 2 emissions is critical for organizations looking to reduce their carbon footprint and enhance sustainability efforts. EcoVisor software provides robust tools for managing these emissions through precise calculation, compliance-ready reporting, and strategic reduction initiatives. Here's how businesses can effectively manage their Scope 2 emissions using EcoVisor.

      Calculating Scope 2 Emissions with EcoVisor

      1.  Energy Consumption Data Collection:
      • EcoVisor automates the collection of data on all forms of energy consumption including electricity, steam, heating, and cooling across a company’s operations.
      • It integrates with utility providers and internal data systems to capture accurate and up-to-date energy usage data, ensuring comprehensive tracking.
      2.  Application of Location-Based and Market-Based Emission Factors:
      • EcoVisor applies both location-based and market-based emission factors to calculate Scope 2 emissions. This dual-method approach allows companies to report emissions based on average grid emissions (location-based) and specific renewable energy purchases (market-based).
      • The software keeps emission factors current with regulatory standards and scientific advancements, providing reliable calculations.
      3.  Streamlined Calculations and Analytics:
      • With advanced algorithms, EcoVisor processes energy usage data to produce precise GHG emissions metrics in carbon dioxide equivalents (CO2e).
      • The platform offers analytics to identify trends, compare performance over time, and assess the impact of energy sourcing decisions.

      Reporting Scope 2 Emissions with EcoVisor

      1.  Compliance with International Standards:
      • EcoVisor generates emissions reports that comply with global standards such as the GHG Protocol and local regulatory requirements.
      • The software supports both mandatory and voluntary reporting frameworks, ensuring that all reporting is robust, transparent, and verifiable.
      2.  Integrated Reporting and Visualization:
      • Incorporate Scope 2 emissions data into broader environmental reports using EcoVisor’s integrated reporting tools.
      • Create customizable dashboards and visualizations that make complex data accessible and understandable to a variety of stakeholders.
      3.  Automated Reporting Features:
      • Automate the creation and distribution of Scope 2 emissions reports for internal stakeholders, regulatory bodies, and sustainability ratings agencies.
      • Schedule reports and updates to ensure timely submissions and continuous stakeholder engagement.

      Reducing Scope 2 Emissions with EcoVisor

      1.  Energy Efficiency Initiatives:
      • Utilize EcoVisor to monitor and improve energy efficiency across all operations. The software identifies inefficiencies and potential savings areas, recommending specific measures such as upgrading to energy-efficient appliances and systems.
      2.  Transition to Renewable Energy Sources:
      • EcoVisor supports decision-making for switching to renewable energy sources by analyzing the cost, availability, and impact of various renewable options.
      • Track the percentage of energy consumption sourced from renewable energies and manage renewable energy certificates (RECs) and power purchase agreements (PPAs) directly within the platform.
      3.  Continuous Monitoring and Improvement:
      • Continuously monitor energy consumption and Scope 2 emissions with real-time data feeds in EcoVisor, allowing for immediate adjustments and optimization.
      • Set and track progress against reduction targets, adjusting strategies based on real-time performance data to ensure continual improvement.
      4.  Stakeholder Engagement and Reporting:
      • Engage employees and stakeholders with targeted initiatives designed to reduce energy consumption and promote sustainability. EcoVisor tracks and reports the effectiveness of these initiatives, correlating activities with changes in Scope 2 emissions.