Seamless Enterprise Data Management
Terrascope supports seamless data ingestion with advanced data processing methodologies to handle diverse data formats and deliver 5 times faster processing than manual methods.
Smarter Measurement & Reduction Planning
Terrascope increases confidence in emissions data and insights through AI-powered EF matching, hotspot analytics, decarbonisation recommendations and supplier engagement.
Deep Sector and Climate Expertise
Terrascope is a carbon management company in Australia that offers core end-to-end decarbonisation and tailored product features and services for specific sectors, value chains and decarbonisation journeys.
Corporate and Product Footprinting
Terrascope combines accurate Corporate Carbon Footprinting (CCF) with a focus on Scope 3 emissions, and robust Product Carbon Footprinting (PCF) to measure Cradle-to-Grave emissions on a single platform.
Growing Scrutiny of Emissions Calculations, Targets and Carbon Management Solutions in Australia
Increasing Regulations on Scope 3 Emissions
Across the globe, an increasing number of jurisdictions - such as the EU, SG and US - are starting to mandate enterprises to disclose climate-related information. Similarly, the AU Government plans to endorse mandatory climate-related reporting requirements against the TCFD framework starting in 2024.
Inability to Measure Scope 3 Accurately
Not all carbon footprints are of equal quality. 90% of enterprises currently lack comprehensive carbon emissions measurement, while 40% are ill-equipped to manage Scope 3 activities. The absence of granular data exacerbates uncertainty, creating reputation risk and making it harder to identify impactful decarbonisation initiatives.
Source: BCG - Carbon Emissions Survey Report 2022
Lack of Progress on Decarbonisation Targets
Despite the growing number of enterprises setting targets for Scope 3 reductions, implementation remains ineffective. Limited in-house skills, sluggish data collection, manual processes, vague strategies, and organisational silos all impede progress on decarbonisation.
Source: The Rise of Scope 3 Agenda Among Enterprises - Verdantix Report 2023
Terrascope is an enterprise grade, end-to-end, smart carbon measurement and management platform in Australia
Terrascope combines data science, machine learning and sectorial expertise to deliver precise emissions measurement, empowering effective emissions reduction. The business case for emissions reduction is compelling: 37% of organisations anticipate annual benefits exceeding $100 million USD, while 50% cite improved reputation, lower operating costs, and higher valuation as crucial advantages.
Source: BCG - Carbon Emissions Survey Report 2023
Leverage sector specific data templates or submit data in your own formats, and Terrascope will autonomously ingest and process the information, build data profiles, and fill in the missing pieces.
Gain a comprehensive and granular understanding of your emissions footprint, analyse hotspots and drill down into emissions drivers, and pinpoint where to focus supplier engagement and data gathering efforts.
Unlock the power of foresight with Terrascope's dynamic 'what-if' simulations. Explore and compare the impact of specific actions on your value chain, emissions targets, and net zero climate strategy.
Monitor progress of reduction efforts against long term and intermediate targets, enhance collaboration with shared dashboard views, and simplify reporting through seamless integrations with carbon management software in Australia.
Carbon measurement platform in Australia, Terrascope, enabled Pokka to understand their unit carbon emissions and identify opportunities to reduce their carbon footprint. The resulting insights empowered Pokka to build a more resilient supply chain that is better prepared for the future.
Princes aimed to estimate the carbon footprint of key products and their units. To address this unique challenge, Terrascope broke down Princes’ products by their recipes and ingredients, enabling Princes to estimate their product emissions with 92% accuracy.
Using Terrascope, Mitsubishi Corporation Agri Alliance gained the capability to pinpoint emission hotspots and build a comprehensive baseline for their Scope 3 Emissions. This helped them future proof its supply chain by identifying and reevaluating parts of the supply chain that needed optimisation.
Quick answers to questions you may have
What are Scope 3 emissions?
Scope 3 emissions refer to indirect emissions generated by an enterprise’s value chain. The GHG Protocol has identified 15 categories of upstream and downstream activities that are included in Scope 3 emissions. This category of emissions contribute to about 75% of a typical business’ emissions and almost 100% in financial services firms. Cutting emissions across all scopes, especially Scope 3, has significant benefits as regulators, investors, and consumers push towards a net zero economy.
What is Terrascope's carbon management process?
Terrascope approaches carbon management in 4 phases focusing on:
1. Data Management: Rapidly ingesting emissions data, 5x faster than manual methods.
2. Measurement: Creating accurate emissions baselines, filling data gaps, and validating data with 92% accuracy, even without supplier data.
3. Reduction: Identifying emission hotspots, simulating reduction pathways, setting targets, and developing net zero strategies.
4. Implementation: Helping monitor progress, enhancing internal collaboration through shared dashboards, and simplifying reporting through seamless integrations.
Why is carbon measurement important for companies?
Carbon measurement and carbon reduction help enterprises with the following:
1. Environmental Responsibility: Carbon measurement allows businesses to quantify and understand their environmental impact, which can drive decarbonisation efforts.
2. Compliance and Reporting: Carbon measurement ensures regulatory compliance, avoiding fines and penalties.
3. Reputation and Stakeholder Engagement: With carbon measurement, businesses can enhance their reputation and strengthen relationships with stakeholders.
4. Supply Chain Management: Terrascope helps companies analyse supply chain activities and collaborate with suppliers to drive carbon reduction across operations.
Why choose Terrascope’s carbon management platform?
Terrascope is the top choice for businesses seeking an accurate, user-friendly carbon measurement platform.
1. Accuracy and Precision: Terrascope’s machine learning capabilities ensures precise carbon measurement.
2. Ease of Use: Terrascope’s intuitive interface makes measuring and managing emissions accessible and seamless for businesses of all sizes.
3. Data Integration and Scalability: Terrascope eliminates manual data entry, accelerates calculations by 5x, and scales with growing data volumes and sustainability needs.
What is the impact of carbon management?
By adopting carbon management best practices and strategies, such as renewable energy adoption, energy efficiency optimisation, and carbon offsetting, organisations can minimise their carbon footprint. This leads to environmental benefits, including reduced greenhouse gas emissions, improved air quality, and the preservation of natural resources, while also contributing to global efforts to combat climate change.
What is carbon accounting?
Carbon accounting is the process of quantifying and tracking greenhouse gas emissions produced or mitigated from a specific entity or activity. It helps businesses and governments measure their carbon footprint, identify emission sources, and assess environmental impacts. However, carbon accounting is still nascent and specialised software like Terrascope will play a vital role in facilitating carbon accounting by collecting, reporting, and managing Scope 1, Scope 2, and Scope 3 data.
What is the future of carbon accounting?
With increasing awareness of climate change, there will be a growing demand for accurate and comprehensive carbon accounting practices. Decarbonisation platforms like Terrascope will enhance precision and efficiency in data collection. Integrating carbon accounting into business strategies is likely to become standard practice, fostering sustainability and driving innovation. Collaborative global efforts will lead to standardised frameworks, making carbon accounting a pivotal tool in the fight against climate change.
What is a carbon efficiency factor?
The term "carbon efficiency factor" refers to a measure used to assess how effectively a process or technology utilises carbon resources while minimising emissions. Higher carbon efficiency factors indicate more environmentally friendly practices, reducing the carbon footprint. Evaluating and improving this factor play a vital role in mitigating climate change and promoting sustainable development.