Carbon Footprint
The Bilan Carbone® methodology is a tool used to measure and assess greenhouse gas (GHG) emissions associated with an organization, company, or community. It allows for understanding the environmental impact of activities and identifying actionable areas to reduce these emissions.
Deveco holds the Bilan Carbone® V8.8 license to conduct third-party carbon footprints and is an accredited consultant by Luxinnovation for the Fit4Sustainability state aid program.
The Method
The Bilan Carbone® methodology is based on a rigorous approach that takes into account all direct and indirect greenhouse gas (GHG) emissions and allows for reporting emissions according to ISO 14069 and the GHG Protocol.
Direct emissions (Scope 1) in the carbon footprint are the GHG emissions resulting from the company's activities that are directly controlled or owned by it. This typically includes emissions from the combustion of fossil fuels in company vehicles, heating equipment, furnaces, boilers, etc..
Indirect emissions (Scope 2) in the carbon footprint usually include emissions from the production of purchased electricity, heat, or steam by the company from an external supplier. Other indirect emissions (Scope 3) result from the company's activities that are outside its direct operational control. This generally includes emissions from raw materials, the production of purchased goods and services, goods transportation, the use of sold products, waste generation, and product end-of-life.
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The steps to follow
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Define the analysis scope by identifying the activities and emission sources to be considered.
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Collect the necessary data on energy consumption, business travel, purchases of goods and services, etc..
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Analyze the data and calculate the corresponding greenhouse gas emissions.
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Identify areas for improvement to reduce greenhouse gas emissions, analyzing the results obtained and considering economic, technical, and organizational aspects.
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Implement concrete actions to reduce greenhouse gas emissions based on the priorities identified during the analysis.
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Monitor and evaluate the implemented actions, continuously collecting data and conducting regular carbon assessments to measure the impact of the actions taken and adjust strategies accordingly.
The benefits of a Carbon Footprint
A Carbon Footprint can offer numerous advantages for companies seeking to reduce their environmental impact and contribute to the fight against climate change.
Identification of emission sources
The Carbon Footprint enables the identification of greenhouse gas emission sources within a company or organization, helping determine areas where mitigation measures are needed.
Improved energy performance
The Carbon Footprint can help identify energy inefficiencies, implement energy-efficient solutions, improve production and transportation processes, and reduce waste.
Improving the company's image
Considering carbon emissions and implementing mitigation measures can enhance the company's reputation by demonstrating its commitment to environmental sustainability. This can also help meet the expectations of stakeholders, such as customers, investors, and regulators.
Complying with regulations
Carbon footprints can assist companies in complying with environmental regulations related to greenhouse gas emissions. The upcoming European directive on extra-financial reporting (CSRD - corporate sustainability reporting directive) mandates the mandatory disclosure of GHG emissions across scopes 1, 2, and 3, in line with the EU Taxonomy.
Fit4Sustainability Program
This support and co-financing program offers companies the opportunity to conduct an assessment of the environmental impact of their activities, which will be complemented by various recommendations to achieve a reduction in this environmental impact.
The assistance is provided in the form of a capital subsidy.
Targeted Businesses
This program is aimed at all companies that have their registered office in Luxembourg and engage in economic activities as their primary business.
Eligible Costs
Only the costs incurred for the study conducted by the consultant(s) are eligible.
Deveco is an accredited carbon footprint consulting expert under Luxinnovation's Fit4Sustainability program.
Co-Financing based on Company Size
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70% for small businesses
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60% for medium-sized businesses
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50% for large businesses.
