Climate & Environment Services
Our planet is being transformed by climate change and environmental degradation. The impacts are already unfolding in different ways, awareness of these impacts, risks and opportunities and when they become material is challenging for companies and investors.
ELEVATE helps clients identify, measure, and understand climate and environmental risks in assets, business, and investment portfolio. Companies are increasingly setting net zero targets and to be successful need to be able to access and assess supply chain emission data – because of the indirect nature of the relationship that can be a challenge. ELEVATE’s science-backed approach in analytics and advisory services supports clients with the following services:
- Corporate Carbon Footprint (Scope 1, 2, and 3) Calculating your corporate carbon footprint (CCF) serves as the basis for determining KPIs for sustainability reports and for continuous greenhouse gas management. This services is also aligned with our ERSA Environment tool to collect verified data from suppliers.
- Decarbonization strategy development Understand your carbon footprint along the value chain (Scope 1, 2 and 3) and align your climate strategy to the 1.5° target as expected by stakeholders.
- Decarbonization target setting and roadmap development Develop a CO₂ target with a decreasing trajectory as part of your holistic sustainability strategy.
- Science Based/Net-Zero Target setting support and review Set a science-based CO₂ target for your ambitious corporate climate action to limit warming to 1.5°C.
- Supplier engagement strategies and roadmaps for Scope 3 reduction Put in place engagement strategies and actions to push suppliers to reduce greenhouse gas emissions and environmental impacts.
- Climate and environmental risk (and opportunity) assessments (CDP, TCFD, TNFD, HREDD) Mapping out the impacts of climate and environmental risks on your operations, assets and finance will build the foundations for future-proofing your business.
- Climate and environmental disclosures and reporting (CDP, TCFD, TNFD, EU Taxonomy, CSRD) Developing a disclosure and reporting concept with effective processes aligned to regulatory and other stakeholder requirements on climate and environmental topics.