Empowering Large Enterprises: Driving Emission Reduction and Business Value
The Decarbonisation Imperative for Large Enterprises
As the world strives to reach decarbonisation goals, large enterprises have a crucial role to play. These companies, with extensive value chains, are significant contributors to carbon emissions, with industrial activity being the largest source of greenhouse gas (GHG) emissions. To reduce their carbon footprint, these enterprises must identify their emission hotspots, establish science-based targets for reducing emissions, and collaborate with supply chain partners to achieve these targets.
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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, 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.
Using Product Carbon Footprint to Improve Pokka’s Procurement Decisions
Terrascope helped Pokka build operational resilience by enabling them to explore and evaluate more sustainable procurement options. The platform provided a comprehensive understanding of Pokka’s emissions across the entire supply chain, including accurately measuring the carbon footprint of imported products for distribution. Despite the absence of actual supplier data, Terrascope calculated emissions with 92% accuracy. Its algorithm also delivered 5x faster measurements than manual processes, estimating emissions for 5000 SKUs in under 100 minutes.
Providing Scalable Emission Measurement Solutions for Mitsubishi Corporation Agri Alliance
The Terrascope platform enabled Mitsubishi Corporation Agri Alliance to pinpoint emission hotspots and build a comprehensive baseline for Scope 3 emissions. This helped MC Agri Alliance future-proof their supply chain by identifying and reevaluating parts of the supply chain that needed optimisation with respect to emissions. One of the suggested procurement and processing options offered a potential 25% reduction of Scope 3 emissions, along with a potential reduction in supply chain costs.
Empowering Banyan Group to Pinpoint Hotspots Across Hotels and Hospitality Value Chains and Strategise for Decarbonisation
The Terrascope platform empowered Banyan Group to pinpoint 70% of emissions to 5 primary hotspots, transforming their initial portfolio of 130k activity items across 76 entities and 20 countries into actionable insights for decarbonisation. Beyond delivering clear insights for targeted mitigation strategies, Terrascope is enabling Banyan Group to establish a scalable and repeatable method for emissions data assimilation and reporting in the future, encompassing Scope 3 emissions, and aligning with stringent reporting standards such as the Task Force on Climate-related Financial Disclosures (TCFD).
Featured Clients
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David McDiarmid
Corporate Relations Director
of Princes
"We certainly appreciate the speed, expertise and comprehensive nature of Terrascope as we embark on our first steps in measuring scope 3 carbon footprint. Terrascope translates our emissions into reporting in a friendly way and across business sectors, allowing the data to be used beyond our sustainability team. It is particularly important that we could understand the confidence of the data and take actions to improve."
Ho Ren Yung
Deputy Managing Director of Banyan Group
"Partnering with Terrascope has brought clarity to our emissions understanding, providing us with actionable insights on our emission hotspots. We're now working with Terrascope to help build a tracking platform to monitor our emissions footprint, in line with our mission of 'Embracing the Environment, Empowering People"
Masayoshi Urano
CEO
of MC Agri Alliance
"The Terrascope platform not only provided us with a comprehensive analysis of our indirect emission hotspots, but their team of sustainability experts also partnered with us to explore strategies for reducing emissions and ensuring our supply chain is prepared for the future."
Rex Macaskill
Group CEO
of Pokka
"The Terrascope platform has been invaluable in helping us understand our unit carbon Emissions and identifying opportunities to reduce our carbon footprint. The insights provided by Terrascope have helped us build towards a more resilient supply chain that is better prepared for the future"
