Twenty years later, the need is still great and the challenges remain the same. Verification of emissions data is needed for corporate reporting, regulatory compliance, product certification, financial transactions, reduction strategies and emissions trading. All of these use cases were listed in the report’s table of contents.
A key issue in emissions reporting is materiality, the significance of the difference between reported emissions data and actual results obtained by an auditor. When reduction strategies are in the range of 10% per year, a 10% material difference in reporting negates a huge amount of effort.
The report states that the cost of emissions verification will range from $8000 to $800,000 (2021 dollars), depending on data prep, number of sites and so on.
It is striking to read this report, and hear its clear voice. The state of affairs has not changed, the advice remains sound.
What has changed is the accessible Scope 2 emissions data produced by GLYNT. Using AI that did not exist twenty years ago, and tools such as cell phones to take pictures of paper documents, GLYNT brings modern tools to this long-standing challenge.
The urgency has been called out years ago. But now you can respond with GLYNTs simple emissions solution: Submit bills. Get a spreadsheet back. Each site is a row, the columns are exactly what you need for managing expenses, reducing emissions and reporting. Baseline your emissions with audit-ready data in days not months.
Let’s change our response to this global crisis. Put GLYNT’s modern technology to work for you. Scope 2 emissions that are simple and scalable. 2021 is different.
