Carbon footprint and reporting practices

24 October 2016

empreinte-carbone-et-reportingAccounting of greenhouse gas (GHG) emissions began some 10 years ago, and today is a standardized procedure. Carbon footprint disclosure is mandatory for a significant proportion of companies and local authorities in France, under carbon regulations contained in the French Environment Code and the Commerce Code. Jean-Marc Jancovici, founding partner of Carbone 4, developed the first GHG accounting method, Bilan Carbone®, for the French Environment and Energy Management Agency (ADEME). Carbone 4 subsequently participated actively in work to standardize these methods, most notably elaboration of the ISO 14069 standard.

Beyond regulatory requirements, measuring an organization’s carbon footprint is the first indispensable step to setting up a climate strategy. Carbon accounting enables a company or local authority to identify the main sources of GHG emissions linked to its activity, across the entire value chain or territory. Measuring emissions will not only identify levers for action to reduce the organization’s climate impact, it will also reveal the principal points of vulnerability and opportunities associated with a low carbon economy.

Carbone 4 works with companies in all sectors of activity and with government authorities to determine their carbon footprint, whether for regulatory purposes or on a voluntary basis.

Our services

Bilan Carbone® and greenhouse
gas emissions assessment

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Carbon footprinting for
investment portfolios

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CDP questionnaire

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Carbon footprinting
for a territory

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Methodology and
sectoral handbooks

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Bilan Carbone® and greenhouse gas emissions assessment

Evaluation of an organization’s greenhouse gas emissions is the basis of a structured energy and climate policy. Carbone 4 has worked with over 200 companies in France, including 15 major groups listed on the CAC40 stock index, helping them conduct their first Bilan Carbone® assessment.

Whether on a voluntary basis, to set up an environmental policy or improve environmental and social governance (ESG) ratings, or for regulatory requirements (under articles 75 or 225 in France), Carbone 4 is available to help you determine your carbon assessment.

Carbon footprinting for investment portfolios

Under the French Energy Transition for Green Growth Act many investment companies and asset managers must disclose the carbon impact of their portfolios (article 173). Carbone 4 is one of the pioneer firms in this type of measurement, for both listed and unlisted assets and for infrastructure portfolios. Carbone 4 accompanies investors and enables them to better comprehend this complex field.

  • How is the carbon intensity of a portfolio measured? With what methodological principles?
  • What performance indicators should be tracked to set up an energy transition strategy?
CDP questionnaire

Over time the CDP questionnaire has become the main pathway for voluntary publication, assessment and comparison of the energy and carbon performance of companies. As of today some 5,500 companies have submitted their information to CDP via this questionnaire. To help organizations understand what is at stake in the CDP process, in particular for investors, Carbone 4 works with its private-sector clients to draft their responses to the CDP questionnaire. Among these tasks:

  • Pinpoint the main changes in each new version of the questionnaire;
  • Adapt and document responses based on CDP guidance;
  • Calculate, verify and fill out information for GHG emission categories (scope 3 in particular).
  • Meeting Science-Based Targets to align the company’s GHG emissions trajectory with a 2°C scenario.
Carbon footprinting for a territory

Local territorial authorities and governments are increasingly taking action on climate change into their own hands: they are committed to reducing the carbon footprint of their territory (e.g. the Covenant of Mayors, C40 Cities, INDC, etc.) Carbone 4 accompanies local authorities to enable them to better comprehend this complex field.

  • What is the carbon footprint of my territory? What is the carbon footprint of my constituents?
  • What energy and climate trajectory is my territory following?
  • How effective is the public policy action I conduct?
Methodology and sectoral handbooks

Carbone 4 works with many institutional actors and federations to develop detailed standard carbon accounting methods:

  • Creation of the Bilan Carbone® methodology and updates through version 6;
  • Active participation in work on the ISO 14069 standard for carbon accounting and emissions assessments;
  • Sectoral carbon accounting handbooks to harmonize reporting practices by sector – finance, pharmaceuticals, aeronautics and wine and spirits;
  • Macroeconomic environmental accounting methodology to calculate monetary emission factors;
  • Etc.