From Ideation to Execution: SCOPING EXERCISE
Decision support service
Identifies high-potential carbon projects and allows resources to be managed efficiently.
Improve your business profitability
The carbon credits generated by the insetting projects can either contribute to the climate strategy of the company or create an additional revenue stream.
Higher productivity
Insetting projects imply a close collaboration with your suppliers based on trust and transparency. It can translate to improved management and movement of resources.
Steps to follow during the Scoping Exercise process
If your company is looking to develop a project, the first step is to conduct a scoping exercise to understand the feasibility of the project. This service is developed in the following steps:
1. Data collection
We will collect information about your organization, such as a description of your activities, the company structure and organization chart, the upstream and downstream supply chain, and the carbon footprint of the company or project.
2. Identification
Documentary analysis to identify the activities and initiatives that might be susceptible of generating carbon credits in the company’s supply chain.
3. Standards
Assessment of the most suitable crediting mechanisms, including high-level suitability opinion of national and international technical and regulatory standards.
4. Analysis and Overlaps
Analysis of the company’s operations and potential emission reduction activities, under the voluntary carbon market (VCM).
5. Methodologies
Analysis and review of the eligibility of project activities to concrete VCM methodologies.
6. Impact and financial feasibility
High-level assessment of potential results in emission reductions from each activity and financial costs for the carbon project component.
7. Conclusions
Deliver the results of the scoping exercise to the Executive Board of the company and discuss the next steps of project development