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Accurate activity data gives you the foundation to disclose accurately
Mandated climate disclosure is coming to Australia, impacting an estimated 23,000 companies. Growing pressure for audit-ready emissions data means you need better quality information.
Spend-based methods aren't accurate. Instead of overestimating emissions and buying offsets, manage what you can measure.
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Accurate emissions reporting demands granular, activity-based data. This means tracking consumption across categories like electricity, fuel, and waste. Validating physical data from suppliers, calculating, and applying assumptions adds pressure to busy Finance & Sustainability teams.
Picture your team in a sea of data: invoices, utility bills, supplier reports manually keying data into custom software or spreadsheets. Tedious, error-prone and costly, a mistake could jeopardise disclosures. The manual approach is anything but sustainable.
Learn how you can master data management to deliver sustainable growth
- Activity data is the key to unlocking transparency and efficiency.
- You wouldn't rely on spreadsheets for your financials, don't let outdated methods hold back carbon accounting.
- Activity data provides the granular insights you need to accurately measure your emissions, comply with regulations, and meet stakeholder expectations.
- Centralised master data management ensures consistency and accuracy in GHG activity data.
- A single source of truth for activity data streamlines reporting and reduces errors.
- Robust master data management simplifies audits and enhances data transparency for GHG emissions.
"Success in the new climate era hinges on our ability to integrate climate considerations into daily decision-making. Those who adapt will lead, while others risk falling behind."
Dr. Kapnick (JP Morgan) highlights the risk of falling behind. With visibility into activity data, you can better manage climate-related risks and financial outcomes.
