Any company considering the fight against climate change should start by measuring its organisational or corporate carbon footprint.
The Carbon Footprint is the calculation of the total greenhouse gases (GHG) emitted directly or indirectly by an individual, organisation or product, thus becoming an initial reference point for the beginning of actions to reduce GHG emissions and for the substitution of resources and materials to improve environmental performance.
At Euro-Funding, in addition to helping you obtain the Ministry for Ecological Transition and the Demographic Challenge (MITERD) seal that recognises the registration of the calculation, reduction and/or compensation of the carbon footprint, we implement a data collection procedure to facilitate future carbon footprints. This reduces the associated costs through implementation and creates a reference tool for possible future energy and environmental projects.
The Carbon Footprint of an organisation includes those emissions associated with the company’s activity, and there is a state registry for those entities that wish to register their footprint.
Companies carry out activities that result in the generation of GHGs, for example, during the manufacturing or transport of products. The carbon footprint of an organisation measures and analyses all those emissions emitted directly or indirectly through the company’s activity.
The royal decree regulating the registration of organisational carbon footprint (Royal Decree 163/2014) will be updated very soon. Currently, this royal decree is voluntary, but after its update, in accordance with the law on climate change and energy transition (Law 7/2021), it will oblige certain companies to calculate and register their organisational carbon footprint, as well as to have a plan to reduce their emissions.
Two types of emissions can be distinguished according to an organisation’s operations:
Direct GHG: These are emissions from sources owned or controlled by the organisation. In a much simpler way, they could be defined as emissions released on-site at the location where the activity itself takes place.
Indirect GHG emissions: These are emissions resulting from the organisation’s activities, and which occur at sources owned or controlled by another organisation. A specific example of indirect emissions is electricity consumption from an entity whose emissions are produced at the site where the electricity was generated.
Calculating the carbon footprint of an organisation involves a detailed analysis of the activity it carries out, varying in complexity depending on the quantity and type of GHG emitting sources considered for the calculation.
Depending on the scope of your organisation’s carbon footprint, verification of the calculations and the reduction plan by an authorised external entity may be mandatory. Euro-Funding recommends companies accredited by the Spanish National Accreditation Body (ENAC) and provides support throughout the verification process.
MITERD provides a graphic badge/stamp in recognition of the calculation of the carbon footprint. It is a seal that can evolve according to the efforts made, as it allows the following situations to be indicated in the same anagram:
Calculation of the organisation’s carbon footprint.
I calculate and reduce the organisation’s carbon footprint.
I calculate and offset the organisation’s carbon footprint.
All three of the above situations.
SHALL WE TALK ABOUT CALCULATING YOUR CARBON FOOTPRINT?
Calculating your carbon footprint will allow you to reduce costs by identifying the biggest energy consumers.
The water footprint is an environmental indicator that defines the relationship of our organisation, service or product with the use of fresh water and its direct contamination of the environment. In this way, the WF has become a key tool in the fight against the pollution of natural resources, and is also a sign of environmental commitment that is increasingly requested by both suppliers and customers.
It is made up of three elements depending on where the water comes from:
On the other hand and in relation to the Carbon Footprint, there is the Product Carbon Footprint, the Life Cycle Assessment (LCA) and the Environmental Product Declaration (EPD). These services study all phases of a product’s life cycle from the procurement of raw materials and energy to the management of the waste generated, measuring the environmental impact including the emissions generated, respectively.
LCA is applied to several environmental impact categories (climate change, ecotoxicity, eutrophication and fuel consumption, among others) or exclusively to the climate change category for the product carbon footprint service.
At Euro-Funding we have a team of experts in environmental projects with extensive experience in carrying out all types of footprints (Organisational Carbon Footprint, Product Carbon Footprint, Life Cycle Analysis, Environmental Product Declaration, Water Footprint, Decarbonisation Plan and Emissions Offsetting).
All of them related to environmental impacts. In addition, Euro-Funding maintains our own Organisation Carbon Footprint and Reduction calculation, which we have maintained since 2016.
REDUCE YOUR CO2 EMISSIONS
Calculating your carbon footprint will allow you to reduce costs by identifying the biggest energy consumers.
The calculation of the carbon footprint is essential as a global environmental indicator of the activity carried out by the organisation, a service or product. This calculation represents an initial reference point for the start of actions to reduce energy consumption and for the substitution of resources and materials with better environmental performance.
The main benefits of calculating the carbon footprint for an organisation are the following:
Reducing the costs involved in energy consumption e.g. for lighting, air conditioning, heating and transport.
Contribute to the reduction of GHG emissions and to increased environmental awareness.
Positive variable for public procurement
Access to public subsidies for the implementation of measures to reduce GHG emissions in the industrial, tertiary and residential sector.
Improvement of the company’s environmental image in the eyes of customers, suppliers, the public administration and society.
Economic fees and short implementation times
Savings in energy costs through improved energy efficiency.
Access to new business opportunities
Strategies to reduce the carbon footprint of an organisation depend to a large extent on each entity and the type of activity carried out by these types of organisations. However, a global strategy that in all cases provides a successful result is the improvement of efficiency in energy consumption and supply. It is in this area where energy self-consumption plays an essential role in reducing the carbon footprint of an organisation.
At Euro-Funding we carry out the following activities to reduce our carbon footprint:
Data collection: identifying all the data and acting as an intermediary between you, the verifying entity and the Ministry.
Calculation: we prepare a report on the calculation of your organisation’s carbon footprint.
Reduction or compensation: we work on a CO2 reduction plan.
Obtaining the seal: the Euro-Funding team will be in charge of the whole process of validating the footprint and obtaining the corresponding seal from the Ministry.
The interesting thing about measuring the carbon footprint is how the results can be translated into an ambitious climate action plan. The Euro-Funding team takes a baseline year to calculate your carbon footprint and from there develops a climate action strategy and a roadmap towards zero emissions.
Environmental grants are mainly aimed at the development of environmental projects, energy saving and efficiency, sustainability, renewable energies and other related and/or complementary grants. At Euro-Funding we work with public aid and/or subsidies aimed at all types of public and private entities with national and regional calls for proposals from
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