Automated Scope 1, Scope 2, Scope 3 Calculations

CarbonSuite is built directly in your NetSuite ERP system. This means that you can automatically collect Scope 1, 2, and 3 greenhouse gas (GHG emissions) data directly from your financial transactions like Vendor Bills and Expense Reports. CarbonSuite creates a “carbon ledger” entry for each relevant financial ledger entry in NetSuite and automatically joins the records together to ensure maximum traceability.

Other platforms require you to export financial data out of your accounting system and import it into the carbon accounting platform. This is risky, time consuming, and often creates data silos within departments. With CarbonSuite, you can keep your financial data secure, enable collaboration within your team, and avoid the manual export / import tasks.

For more details, check out our Emission Workbench feature spotlight.

Smart Emission Factor Management

Finding and formatting high quality emission factors is a science in itself. CarbonSuite provides Emission Factor Management-as-a-service with data from US EPA, Canada ECCC, UK BEIS, Australia DCCEEW, Exiobase, Green-E, and many other data sources. We update our database frequently, and each emission factor is vetted by our team to ensure quality. You can also create your own custom emission factors within CarbonSuite if you have internally developed data.

Using CarbonSuite’s Smart Emission Factor Mapping tool, you can easily map your ERP data structure (Vendors, Items, GL Accounts, etc.) to relevant emission factors to ensure efficiency and transparency in your emission calculations.

Energy, Waste, Water Data Tracking

In addition to tracking Scope 1, 2, & 3 emissions in CarbonSuite, you can easily track other key environmental metrics like Energy Consumption, Waste Generation, and Water Consumption. CarbonSuite analyzes data from your NetSuite transactions and automatically generates entries in the “Sustainability Ledger.”

CarbonSuite lets you consolidate all of your sustainability data in one place and automatically tie your Sustainability Ledger to your Financial Ledger.

AI Data Scanner (Add-on)

Capturing activity data form your financial transactions can be difficult. Many of CarbonSuite’s clients use the line level fields to capture activity data like energy consumed, miles travelled, hotel nights stayed, etc. This is a great way to enable more detailed emission calculations, but it can be difficult to locate the data on Invoices. It can also be challenging to train your accounting teams to capture this additional data.

Luckily, CarbonSuite has an AI feature to address this challenge. Our “AI Data Scanner” add-on feature uses artificial intelligence to scan your invoices and other expense documents to parse and locate activity data automatically. This first-of-a-kind feature dramatically reduces the time needed to collect activity data and increases the accuracy of your emission calculations.

Learn more about our AI Data Scanner feature here

Audit Grade GHG Emissions Reporting

CarbonSuite is your one-stop shop for GHG emissions reporting compliance. CarbonSuite is built on the globally recognized GHG Protocol. So, whether you are reporting under CSRD, CDP, ASRS, TCFD, GRI, ISSB, SBTi, or any other mandatory or voluntary framework, we’ve got you covered! We stay on top of reporting requirements so that you don’t have to. CarbonSuite simplifies the sustainability GHG emissions reporting process, allowing you to deliver timely and accurate sustainability data to your stakeholders.

Within CarbonSuite, we created a new concept called a “Carbon Ledger” that tracks your emissions data with the same detail as your Financial Ledger. The Carbon Ledger is perfect for carbon accounting as it has built-in system notes that track all changes within the platform. At the end of the reporting period, you can use the GHG Period Close Checklist feature to quickly audit your emissions data and close the reporting period.

Reduction Targets

Once you have understood you carbon footprint, you can set Reduction Targets. You can even have them validated with organizations like the Science-based Targets Initiative (SBTI) and Race to Zero. CarbonSuite uses data-driven insights to monitor your emissions against your Reduction Targets and keep you in line with your goals.

Carbon Management

Reduce as much as you can, and offset the rest. With CarbonSuite, you can build Reduction Plans to map out your sustainability journey and build programs within your organization to systematically reduce your emissions.

CarbonSuite provides comprehensive guides and reduction strategies that you can use as templates to implement your emission reduction plans. Leverage the data generated from your Sustainability Ledger to gain insights for cost-optimized emission reduction planning.