Celonis has launched a Material Emissions App to facilitate the measurement, reporting, and reduction of Scope 3 emissions in procurement.
The app promotes accurate data collection and comprehensive assessment of emissions sources. It enables sustainability and procurement teams to collaborate effectively towards their financial and sustainability goals. This development comes amidst increasing regulatory pressure on companies to meet sustainability targets and disclose their greenhouse gas emissions.
Celonis’ app also complements its existing sustainability solutions, aiding companies in achieving their sustainability goals without compromising supply chain performance.
- Celonis has launched a new Material Emissions App that helps customers measure, report, and reduce Scope 3 emissions in procurement.
- The app features automated material mapping to ensure data accuracy and provides a comprehensive assessment of emissions sources.
- It allows sustainability and procurement teams to collaborate, make sustainable purchasing decisions, and meet regulatory requirements.
Combatting Climate Change: A New App to Measure and Reduce Scope 3 Emissions
In a world increasingly aware of environmental responsibilities, an innovative solution has emerged that allows companies to accurately measure, report and minimise their Scope 3 emissions in procurement. The new Material Emissions App, unveiled by Process Mining leader Celonis at their Celosphere event, provides automated material mapping, consolidates measurement data and suggests targeted actions for reduction.
Understanding the Pressure on Businesses
Global businesses are feeling the heat (no pun intended) to meet sustainability targets. Regulatory bodies around the world are introducing and enforcing stricter reporting and carbon reduction requirements. For example, the new Climate Corporate Data Accountability Act mandates public and private companies in California, with annual revenues exceeding $1 billion, to publicly disclose their greenhouse gas emissions from 2026.
Embedding Sustainability Practices into Business Processes
“The heat is on to meet and exceed critical sustainability and business performance metrics throughout the entire supply chain,” says Janina Bauer, Global Head of Sustainability at Celonis.
“This takes constant collaboration across multiple teams, from procurement, who own the purchasing process and are looking to reduce costs, to sustainability leads who are the main drivers of evaluating Scope 3 emissions. Celonis’ vision is to embed sustainability practices into everyday business processes. Our new Material Emissions App bridges the gap between sustainability and procurement teams, empowering them to manage complexity, work better together and ultimately reduce Scope 3 emissions.”
A Step Towards Sustainable Purchasing Decisions
The Material Emissions App allows organisations to accurately measure the emissions of their procured goods and services. It uses predefined mapping generated by Celonis partner Climatiq’s Carbon Intelligence Engine to intelligently map material emission factors to procured materials. It also enables businesses to continuously track material emissions, take targeted action, and progress towards their environmental goals.
Identifying Opportunities to Reduce Emissions
The Material Emissions App also assesses opportunities to reduce Scope 3 emissions. It integrates the capabilities of the Celonis platform to proactively recommend the best ways to reduce an organisation’s Scope 3 emissions in procurement, such as flagging materials that can be sourced from more sustainable regions without sacrificing business performance.
Final Thoughts
The Material Emissions App is a significant step towards an eco-friendlier future. It not only offers a method to measure and track emissions accurately but also presents actionable insights to reduce them. In the face of increasing global environmental regulations, this tool could prove invaluable for businesses striving to meet their sustainability goals.
It’s clear that the integration of sustainability in everyday business processes is no longer an option, but a necessity. The Material Emissions App is a testament to how technology can aid in this transition.
FAQ
Q: What is the Material Emissions App launched by Celonis?
A: The Material Emissions App is a new tool launched by Celonis that allows customers to continuously measure, report, and reduce Scope 3 emissions in procurement. It features automated material mapping to ensure data accuracy and provides a comprehensive assessment of emissions sources.
Q: Why is there a need for a tool like the Material Emissions App?
A: Organizations are under increasing pressure to meet sustainability targets as regulatory bodies worldwide introduce more reporting and carbon reduction requirements. The app helps companies manage complexity, collaborate across teams, and ultimately reduce Scope 3 emissions.
Q: How does the Material Emissions App help with emissions measurement?
A: The app accurately measures emissions from procured goods and services by intelligently mapping material emission factors to procured materials. It uses predefined mapping generated by Celonis partner Climatiq’s Carbon Intelligence Engine, which sources data from government agencies and academic institutions.
Q: Can the Material Emissions App track emissions progress and support environmental goals?
A: Yes, the app allows organizations to continuously track material emissions, take targeted actions, and progress towards their environmental goals. It helps sustainability and procurement teams understand where current emissions stand compared to yearly targets, enabling them to make informed purchasing decisions.
Q: How does the Material Emissions App assess opportunities to reduce Scope 3 emissions?
A: The app leverages the capabilities of the Celonis platform to proactively recommend the best ways to reduce an organization’s Scope 3 emissions in procurement. For example, it flags materials that can be sourced from more sustainable regions without sacrificing business performance, enabling customers to make sustainable purchases.
Q: How does the Material Emissions App complement Celonis’ existing sustainability solutions?
A: The Material Emissions App works alongside Celonis’ existing sustainability solutions to help companies measure and reduce their carbon impact while achieving their sustainability goals. It ensures that key supply chain performance metrics are not compromised in the process.