Seamless Enterprise Data Management
Terrascope supports automated data ingestion with advanced processing methodologies and ability to handle diverse data formats, delivering 5 times faster 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 offers a core end-to-end platform 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.
Breaking Down Complex Supply Chains to Help Princes Reduce Scope 3 Emissions
To prepare for sustainability-conscious customers and increasingly stringent regulations in the EU, UK-based company Princes aimed to estimate the carbon footprint of key products. Terrascope’s machine learning algorithm helped Princes efficiently and accurately estimate product carbon footprints by breaking them down into constituent units. The platform delivered valuable insights into emission hotspots – identifying the top 30 activities responsible for 99% of emissions. With Terrascope's 5x faster ingestion process, Princes made timely data-driven decisions, propelling their decarbonisation journey forward.
Growing Scrutiny of Emissions Calculations, Targets and Decarbonisation Plans
Increasing Regulations on Scope 3 Emissions in the UK
Reporting supply chain emissions was voluntary under the UK's SECR framework. However, several jurisdictions - EU, US, SG, and AU - are moving towards mandating climate-related information disclosure. Similarly, the UK Government plans to endorse a new disclosure baseline in 2024 where certain UK-based companies will be obligated to report Scope 3 emissions.
Inability to Measure Scope 3 Accurately
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 in the UK
Despite the growing number of enterprises setting targets for Scope 3 reductions, implementation remains ineffective. 45% of UK-based enterprises experience limited in-house skills, sluggish data collection, manual processes, vague strategies and organisational silos impeding progress on decarbonisation.
Source: The Rise of Scope 3 Agenda Among Enterprises - Verdantix Report 2023
Decarbonisation Expertise in the Food, Beverage & Agricultural Value Chain
The agricultural value chain encompasses a wide array of industries with diverse decarbonisation challenges. Enterprises involved in land management, crop cultivation and livestock farming, to food sourcing, processing, manufacturing and retail, are required to set dedicated Forest, Land, and Agriculture (FLAG) emission reduction targets under the Science-Based Targets initiative (SBTi). Such targets will also apply to enterprises in other sectors if FLAG emissions account for 20% or more of their footprint, thus potentially affecting companies in textiles, luxury, real estate, hospitality and more.
Terrascope has extensive experience working with large multinational companies across the agricultural value chain, from growers to retailers, primary processors and traders, manufacturers and logistics providers. Our tailored product offerings enable enterprises to accurately measure their FLAG and non-FLAG emissions, set targets and devise robust reduction plans.
Terrascope is an enterprise grade, end-to-end, smart carbon measurement and management SaaS platform
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 USD million, while 50% cite improved reputation, lower operating costs, and higher valuation as crucial advantages.
Source: BCG - Carbon Emissions Survey Report 2023
Terrascope seamlessly ingests data from across platforms and formats, builds accurate data profiles and fills in data gaps.
Terrascope creates an emissions baseline with granular emission measurement, AI-enabled hotspot analytics and supplier engagement.
Terrascope generates “what-if” simulations to compare and contrast the impact of specific actions on your value chain, emissions targets, and net zero climate strategy.
Monitor progress using Terrascope, enhance collaboration with shared dashboards, and simplify reporting through seamless integration.
Empowering enterprises to keep the planet habitable for all
Reversing the impact of climate change is one of the world’s biggest challenges, and it falls upon enterprises to take the lead. Over 80% of all the emissions reductions necessary for the world to reach net zero, require business level action. Specifically, this means reducing the longtail of emissions residing in complex supply chains – across sectors such as food and agriculture, CPG, retail, manufacturing, transportation, construction and more.
Business leaders don’t really know how they will get there. The first step of getting emissions measurement right, is itself a huge challenge. And for those companies already measuring their emissions, unreliable emissions data is a barrier to implementing effective decarbonisation and supplier engagement.
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 the carbon efficiency factor?
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.