# CarbonSuite's LLM Documentation > Plain text access to our Blog posts and Knowledge base > Posts & Pages ## Pages - [California SB-253 and SB-261 Readiness Guide](https://carbon-suite.com/california-sb-253-and-sb-261-readiness-guide/) - [CarbonSuite Privacy Policy](https://carbon-suite.com/carbonsuite-privacy-policy/): Last modified: October 2, 2025 INTRODUCTION CarbonSuite Inc. (“CarbonSuite”, “we” or “our”) respect your privacy and are committed to protecting... - [End User License Agreement](https://carbon-suite.com/end-user-license-agreement/): This End User Licence Agreement (the “Agreement”) governs your use of the specialized carbon accounting software (the “CarbonSuite Software”), including... - [Partner Qualification Form](https://carbon-suite.com/partner-qualification-form/) - [Guides](https://carbon-suite.com/guides/): Product Guides - [Emission Reduction Partners](https://carbon-suite.com/emission-reduction-partners/): At CarbonSuite, we know that meaningful climate action requires collaboration. That’s why we’ve partnered with industry leaders who specialize in... - [Customers](https://carbon-suite.com/customers/): See What People Are Saying Learn More We're always here to help you on your sustainability journey. - [Pricing](https://carbon-suite.com/pricing/): Plans For Teams of All Sizes Get started risk-free and try out CarbonSuite. Streamline your carbon accounting and sustainability reporting.... - [Spain Climate Reporting Regulations](https://carbon-suite.com/spain-climate-reporting-regulations/): Spain's Royal Decree 214/2025 This is a mandatory carbon disclosure framework introduced by the Government of Spain under Royal Decree... - [Vietnam Mandatory Climate Reporting](https://carbon-suite.com/vietnam-mandatory-climate-reporting/): Vietnam State Securities Commission (SSC) This is a mandatory ESG disclosure framework implemented by Vietnam’s State Securities Commission (SSC), requiring... - [India Mandatory Climate Reporting](https://carbon-suite.com/india-mandatory-climate-reporting-2/): Securities and Exchange Board of India This is a mandatory ESG disclosure framework introduced by the Securities and Exchange Board... - [Philippines Mandatory Climate Reporting](https://carbon-suite.com/philippines-mandatory-climate-reporting/): Philippines - Mandatory IFRS-Aligned Sustainability Reporting The Philippines has adopted mandatory sustainability and climate disclosures aligned with IFRS S1 and... - [Taiwan Mandatory Climate Reporting](https://carbon-suite.com/taiwan-mandatory-climate-reporting/): Taiwan's Financial Supervisory Commission (FSC) This is a mandatory climate disclosure framework developed by Taiwan’s Financial Supervisory Commission (FSC). It... - [Thailand Mandatory Climate Reporting](https://carbon-suite.com/thailand-mandatory-climate-reporting/): Thailand Security Exchange Commission (SEC) This is a mandatory ESG disclosure framework established by Thailand’s Securities and Exchange Commission (SEC),... - [South Korea Mandatory Climate Reporting](https://carbon-suite.com/southkorea-mandatory-climate-reporting/): South Korean Financial Supervisory Services (FSS) and Korea Exchange (KRX) This is a mandatory ESG disclosure framework introduced by South... - [Hong Kong Mandatory Climate Reporting](https://carbon-suite.com/hongkong-mandatory-climate-reporting/): Hong Kong Stock Exchange (HKEX) This is a mandatory climate disclosure framework introduced by the Hong Kong Stock Exchange (HKEX),... - [Singapore Mandatory Climate Reporting](https://carbon-suite.com/singapore-mandatory-climate-reporting/): Singapore Exchange (SGX) This is a mandatory disclosure framework developed for companies on the Singapore stock exchange (SGX). The SGX... - [UK Mandatory Climate Reporting](https://carbon-suite.com/uk-mandatory-climate-reporting/): United Kingdom Sustainability Reporting Standards (UK SRS) The UK government is introducing UK Sustainability Reporting Standards (UK SRS) aligned with... - [Canada Mandatory Climate Reporting](https://carbon-suite.com/indonesia-mandatory-climate-reporting-2/): Canada's Office of the Superintendent of Financial Institutions (OSFI) Guideline B-15 This is a mandatory climate risk management framework introduced... - [Indonesia Mandatory Climate Reporting](https://carbon-suite.com/indonesia-mandatory-climate-reporting/): Indonesian Financial Services Authority (OJK) This is a mandatory sustainability reporting framework established by Indonesia’s Financial Services Authority (Otoritas Jasa... - [US Mandatory Climate Reporting](https://carbon-suite.com/us-mandatory-climate-reporting/): California SB-253 This is a mandatory disclosure framework that requires companies over a revenue threshold that “do business in California”... - [Brazil Mandatory Climate Reporting](https://carbon-suite.com/brazil-mandatory-climate-reporting/): Brazil Ministry of Finance and Comissão de Valores MobiliáriosIn October 2023, Brazil announced that the new International Sustainability Standards Board’s... - [Australia Mandatory Climate Reporting](https://carbon-suite.com/australia-mandatory-climate-reporting/): Australian Sustainability Reporting Standards (ASRS) This is a mandatory disclosure framework developed by the Government of Australia. It mandates disclosure... - [New Zealand Mandatory Climate Reporting](https://carbon-suite.com/new-zealand-mandatory-climate-reporting/): This is a mandatory disclosure framework developed by the Government of New Zealand. It requires disclosure of climate-related financial data,... - [Japan Mandatory Climate Reporting](https://carbon-suite.com/japan-mandatory-climate-reporting/): Japan Financial Services Agency This is a mandatory disclosure framework for public companies listed in Japan. Japan’s Financial Services Agency... - [Singapore Mandatory Climate Reporting](https://carbon-suite.com/singapore-mandatory-climate-reporting-regulation/): Singapore Exchange (SGX) This is a mandatory disclosure framework developed for companies on the Singapore stock exchange (SGX). The SGX... - [China Mandatory Climate Regulations](https://carbon-suite.com/china-mandatory-climate-regulations/): China Shenzhen, Shanghai, and Beijing Stock ExchangesIn April 2024, China's major stock exchanges—the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange... - [UK Climate Reporting Regulations](https://carbon-suite.com/uk-climate-reporting-regulations/): UK Sustainability Disclosure Standards This is a mandatory disclosure framework developed by the UK Department for Business and Trade (DBT).... - [EU Climate Reporting Regulations](https://carbon-suite.com/eu-climate-reporting-regulations/): EU Corporate Sustainability Reporting DirectiveThis is a mandatory disclosure framework developed by the European Union, aimed at enhancing corporate transparency... - [Global Climate Regulations Map](https://carbon-suite.com/global-climate-regulations-map/) - [CarbonSuite Release Notes](https://carbon-suite.com/carbonsuite-release-notes/): New Features Optimizations to Emission Source UI Enhanced API Key Security via NetSuite API Secrets Support for non-OneWorld NetSuite instances... - [Corporate Supplier Sustainability Policies](https://carbon-suite.com/supplier-sustainability-code-conduct/): RequirementsAll energy and water consumption, and waste generation, must be monitored and reported on a monthly basis. Adidas then uses... - [Sustainability Disclosure Tracker](https://carbon-suite.com/sustainability-disclosure-tracker/): This is a mandatory disclosure framework developed by the Government of Australia. It mandates disclosure of GHG emissions and climate... - [Disclaimer](https://carbon-suite.com/disclaimer/): CarbonSuite is an independent software company and is not affiliated with, endorsed by, sponsored by, or operated by Oracle Corporation... - [Website Privacy Policy](https://carbon-suite.com/privacy/): INTRODUCTION CarbonSuite Inc. (the “Company”) respects your privacy. This “Privacy Policy” describes how the Company collects, uses, maintains, discloses, and... - [Terms and Conditions](https://carbon-suite.com/terms-and-conditions-of-use/): INTRODUCTION Acceptance of Terms and Conditions of Use IMPORTANT! YOUR ACCESS TO THIS WEBSITE IS SUBJECT TO THESE GENERAL TERMS... - [Partners](https://carbon-suite.com/carbonsuite-partner/): Send us a message to get the conversation going! Sustainability is no longer just a buzzword; it is a key... - [Developers](https://carbon-suite.com/developers/): Our API License is available for custom projects. Contact Us to get access to our API Documentation. - [About Us](https://carbon-suite.com/about-us/): Our VisionModern accounting traces its roots back to 15th-century Venice, where it was created to tell the story of business... - [Features](https://carbon-suite.com/carbon-accounting/): Automated Scope 1, 2, 3 CalculationsCarbonSuite is built directly in your NetSuite ERP system. This means that you can automatically... - [Solutions](https://carbon-suite.com/solutions/): Built for NetSuite SuiteAppCarbonSuite, an ESG "SuiteApp", is built specifically for NetSuite ERP. This means that to access CarbonSuite, you... - [Sustainability Disclosure](https://carbon-suite.com/sustainability-disclsoure/): Sustainability Disclosure OverviewThe Corporate Carbon Accounting module includes basic reporting on GHG emissions, energy consumption, waste generation, water consumption, and... - [Value Chain](https://carbon-suite.com/value-chain/): Value Chain Overview Carbon Accounting requires you to report data not only from your own operations (scope 1 and 2)... - [Product Carbon Accounting](https://carbon-suite.com/product-carbon-footprint/): Product Carbon Accounting OverviewDistinct from Corporate Carbon Accounting, Product Carbon Accounting focuses on calculating and reporting the carbon emission impact... - [Methodology](https://carbon-suite.com/methodology/): This content will appear inside a popup... Record Identify Emission Sources The first step is to identify your organization's Emission... - [Home](https://carbon-suite.com/): Carbon Accounting & Sustainability Reporting. Built for NetSuite. CarbonSuite enables companies to automatically Record, Report, and Reduce their environmental impact.... - [Blog](https://carbon-suite.com/blog/): Welcome to our blog! Here you can find CarbonSuite's sustainability insights and strategies from industry experts. Stay up to date... - [Frequently Asked Questions](https://carbon-suite.com/faq/): CarbonSuite analyzes data that exists in your NetSuite ERP system and calculates your organization's carbon footprint and other environmental data... - [SuiteConnect Sydney](https://carbon-suite.com/suiteconnect-sydney/): SuiteConnect Sydney Automate your carbon accounting and sustainability reporting, all within NetSuite. CarbonSuite is the first and only Built for... - [Let's Exchange Business Cards](https://carbon-suite.com/exchangebusinesscards/) - [Offset Contest](https://carbon-suite.com/offset-contest/): Contact Info Social Media Trusted by Hear What Customers Are Saying About CarbonSuite "Great Product and Seamless Implementation" We had... - [Carbon Accounting for PPAI Members](https://carbon-suite.com/carbon-accounting-ppai/): As part of our partnership, CarbonSuite is listed in the PPAI Sustainability Solutions Center. CarbonSuite is a certified NetSuite "SuiteApp"... - [Contact](https://carbon-suite.com/contact/): Contact Info Social Media Get in Touch with Us Trusted by Hear What Customers Are Saying About CarbonSuite "Great Product... ## Posts - [One-Click Carbon Accounting: ESG Global’s Turnkey NetSuite Integration](https://carbon-suite.com/one-click-carbon-accounting-esg-globals-turnkey-netsuite-integration/): ESG Global, a global energy solutions provider, needed a reliable and efficient way to measure and report greenhouse gas emissions... - [5 Ways Accountants Can Accelerate Their Clients’ Net Zero Journey](https://carbon-suite.com/5-ways-accountants-can-accelerate-their-clients-net-zero-journey/): Accounting has come a long way from simple bookkeeping. Today, accountants are strategic advisors, shaping profitability and sustainability initiatives that... - [Reporting Mandates Are Driving ERP Integration for Carbon Accounting](https://carbon-suite.com/reporting-mandates-are-driving-erp-integration-for-carbon-accounting/): When climate reporting mandates first landed, few welcomed them with open arms. CFOs braced for ballooning costs, employees dreaded spreadsheet... - [Netsuite Handbook](https://carbon-suite.com/netsuite-handbook/): Introduction Your organization has enormous potential to solve climate change. Carbon Accounting is a powerful tool that equips organizations like... - [Why Carbon Accounting Needs Utility Data and How to Use It Right!](https://carbon-suite.com/why-carbon-accounting-needs-utility-data-and-how-to-use-it-right/): Accurate Data = Better Carbon Accounting When it comes to carbon accounting, your data is only as good as the... - [Pai Skincare’s Path to Sustainability](https://carbon-suite.com/pai_skincare/): Building brand value through transparent, auditable sustainability data. OBJECTIVES Pai Skincare is a London-based organic skincare brand known for its... - [B-Corp Certification: CarbonSuite's Essential Guide](https://carbon-suite.com/b-corp-certification-carbonsuites-essential-guide/): In today’s business landscape, success is increasingly measured not just by profit margins but by the positive impact companies have... - [Sustainability NetSuite Reporting Unlocks Business Value](https://carbon-suite.com/sustainability-reporting-netsuite/): Why Sustainability Is More Than Reporting for NetSuite UsersSustainability NetSuite integration is becoming essential for businesses that want to thrive... - [ESG NetSuite Reporting](https://carbon-suite.com/esg-netsuite-reporting/): Why Modern Businesses Need Better Sustainability ReportingIt's now clear - Environmental, Social, and Governance (ESG) reporting is no longer optional.... - [Emissions Data Audit and Assurance: How to Prepare](https://carbon-suite.com/emissions-audit-assurance/): Introduction As more companies face regulatory requirements and stakeholder expectations around sustainability reporting, emissions data audit and assurance have become... - [Why Does Sustainability Matter for Promo Products?](https://carbon-suite.com/why-does-sustainability-matter-for-promo-products/): Does sustainability matter in the promo industry? What does the sustainability journey look like? How can I use sustainability to... - [Global Connectivity with CarbonSuite](https://carbon-suite.com/carbon-accounting-for-telecommuncations/): CarbonSuite is a simple and effective solution, providing carbon accounting services for a wide range of businesses. Here’s how CarbonSuite... - [How Australia is Leading the Way in Sustainability Reporting](https://carbon-suite.com/australia-leading-the-way/): In an era of increasing global awareness about environmental, social, and governance (ESG) issues, sustainability reporting has emerged as a... - [Key Sustainability Events 2025](https://carbon-suite.com/key-sustainability-events-2025/): As the world continues to prioritize sustainability, 2025 promises a lineup of impactful events bringing together leaders, innovators, and activists.... - [CSRD Quiz](https://carbon-suite.com/csrd-quiz/) - [Navigating CSRD Compliance: Find Out If Your Business Is Subject](https://carbon-suite.com/navigating-csrd-compliance/): The CSRD is a big piece of legislation. It can be difficult to determine who exactly is required to report... - [ASRS for NetSuite Users](https://carbon-suite.com/asrs-for-netsuite-users/): Australia is gearing up for a significant shift in corporate reporting with the introduction of mandatory sustainability disclosures. Starting in... - [CSRD Spotlight: ESRS G1](https://carbon-suite.com/csrd-spotlight-esrs-g1/): As part of the Corporate Sustainability Reporting Directive (CSRD), reporting requirements are broken down into 3 main categories: Environmental, Social,... - [CSRD Spotlight: ESRS S1-S4](https://carbon-suite.com/csrd-spotlight-esrs-s1-s4/): As part of the Corporate Sustainability Reporting Directive (CSRD), reporting requirements are broken down into 3 main categories: Environmental, Social,... - [CSRD Spotlight: ESRS E1-E5](https://carbon-suite.com/csrd-spotlight-esrs-e1-e5/): As part of the Corporate Sustainability Reporting Directive (CSRD), reporting requirements are broken down into 3 main categories: Environmental, Social,... - [CSRD NetSuite Reporting Best Practices](https://carbon-suite.com/csrd-netsuite-reporting-best-practices/): CSRD Reporting deadlines are coming fast. Beginning Jan 1st, 2025, many companies will be mandated to submit reports to the... - [Sustainability Reporting in Australia and New Zealand](https://carbon-suite.com/australia-new-zealand-sustainability-reporting/): New Mandates Coming to Australia and New Zealand Australia and New Zealand have both passed reporting mandates that require companies... - [Scope 3 Spotlight](https://carbon-suite.com/scope-3-spotlight/): Scope 3 emissions are the result of activities from assets and activities not owned or controlled by the reporting organization,... - [Why Your Business Needs Carbon Accounting Software: Exploring the Benefits](https://carbon-suite.com/why-your-business-needs-carbon-accounting-software/): In today’s business landscape, sustainability is a critical component of long-term success. Carbon accounting software, with its numerous benefits, plays... - [Feature Spotlight: AI Data Scanner](https://carbon-suite.com/carbon-accounting-ai/): In this article, will review our new product feature: AI Data Scanner. At CarbonSuite, we believe that targeted and discrete... - [Feature Spotlight: CDP Disclosure Workbook](https://carbon-suite.com/cdp-disclosure-carbonsuite/): At the time of this posting, the CDP Disclosure deadline is looming. If you are one of the 23,000 companies... - [Audit Ready Reporting with Bayton Cleaning](https://carbon-suite.com/audit-ready-reporting/): Explore our Case Study on how CarbonSuite was able to create seamless, audit-ready climate reporting for Bayton Cleaning. Background Bayton... - [Automated CDP Reporting with OSF Digital](https://carbon-suite.com/automated-cdp-reporting/): CarbonSuite Successfully Implemented for Automated CDP Reporting in NetSuite Background OSF Digital is a global digital transformation professional services company.... - [Guide to Sustainability for the Promotional Products Industry](https://carbon-suite.com/sustainability-promotional-products-industry-ppai-carbonsuite/): Welcome! This is your ultimate guide to sustainability in the Promotional Products Industry. In this article, we take a deep... - [Invest in Renewable Energy Sources](https://carbon-suite.com/invest-in-renewable-energy-sources/): Incorporating renewable energy into your business is an important and useful step in reducing your overall carbon emissions. According to... - [NetSuite Carbon Accounting Integration with Bestbath | CarbonSuite](https://carbon-suite.com/netsuite-carbon-accounting-integration/): Sustainability, embedded into core business and integrated into core systems. In recent years, Bestbath has embarked on their sustainability journey,... - [CarbonSuite Case Study | CH4 Global | Carbon Accounting for NetSuite](https://carbon-suite.com/carbon-accounting-netsuite-case-study-ch4-global/): CH4 Global & CarbonSuite Tracking and reducing emissions – both externally and internally – using CarbonSuite’s Carbon Accounting for NetSuite... - [Sustainability Reporting: A Brief History](https://carbon-suite.com/sustainability-reporting-a-brief-history/): Across the world, organizations are now releasing sustainability reports. This reporting can be done voluntarily, however many government bodies and... - [Feature Spotlight: Emission Workbench](https://carbon-suite.com/features-emission-workbench/): What do we mean when we say that “CarbonSuite can automate your carbon accounting process? ” In this post, we... - [SEC Climate Mandate: Compliance Checklist](https://carbon-suite.com/sec-climate-mandate-compliance-checklist/): The United States Securities and Exchange Commission (SEC) has passed a climate mandate will have implications on thousands of companies,... - [What is Built for NetSuite?](https://carbon-suite.com/what-is-built-for-netsuite/): Built for NetSuite Overview Perhaps you have seen it on our website or on other software platforms, but what does... - [California SB 253 and 261: Compliance Checklist](https://carbon-suite.com/california-sb-253-and-261-compliance-checklist/): The US state of California has passed two landmark bills that will have implications on thousands of companies. These are... - [CarbonSuite Case Study | BPC Consulting | Carbon Accounting for NetSuite](https://carbon-suite.com/carbon-accounting-for-netsuite-bpcs-case-study/): In a landscape where businesses increasingly prioritize environmental responsibility, CarbonSuite emerges as a game-changer with its Built-for-NetSuite carbon accounting platform.... - [Develop Partnerships](https://carbon-suite.com/develop-partnerships/): Developing partnerships is an important and useful strategy on the road to reducing carbon emissions. Whether it's carefully selecting suppliers... - [Implement Recycling Program](https://carbon-suite.com/implement-recycling-program/): Assessing Your Waste Before establishing a recycling program, it is crucial to conduct a waste audit to understand the types... - [Purchase Offsets](https://carbon-suite.com/purchase-offsets/): Carbon offsets represent a financial investment in projects that reduce or remove greenhouse gas emissions from the atmosphere. These projects... - [Reduce Transportation Emissions](https://carbon-suite.com/reduce-transportation-emissions/): So you are interested in reducing your transportation emissions but are not sure where to start? Transportation is a big... - [Optimize Energy Usage](https://carbon-suite.com/optimize-energy-usage/): To begin your journey towards optimizing your energy usage, generally the first step will be to conduct an energy audit.... - [Glossary of Terms](https://carbon-suite.com/glossary-of-terms/): Carbon Accounting is still relatively new and with it comes many new terms for a lot of us. We’re here... - [What is Carbon Accounting? Carbon Accounting 101 from CarbonSuite](https://carbon-suite.com/carbon-accounting-101/): Let's have a look at what carbon accounting, or climate reporting, really means. To understand carbon accounting, first we need... # # Detailed Content ## Pages - Published: 2025-10-02 - Modified: 2025-10-02 - URL: https://carbon-suite.com/carbonsuite-privacy-policy/ Last modified: October 2, 2025 INTRODUCTION CarbonSuite Inc. (“CarbonSuite”, “we” or “our”) respect your privacy and are committed to protecting it by complying with this policy. This policy describes: The types of information we may collect or that users (including organizations and individuals) (“you” or “your”) may provide in connection with the CarbonSuite’s websites, applications, products and services (the “C-Suite”). Our practices for collecting, using, maintaining, protecting, and disclosing that information. We will only use personal information in accordance with this policy unless otherwise required by applicable law. We take steps to ensure that the personal information that we collect is adequate, relevant, not excessive, and used for limited purposes. This policy applies only to information we collect in the course of providing the C-Suite to you and in email and other electronic communications sent through or in connection with the C-Suite. This policy DOES NOT apply to information that: we collect offline or on any other apps or websites, including websites you may access through the C-Suite; and you provide to or is collected by any third party (see Third-Party Information Collection). These third parties may have their own privacy policies, which we encourage you to read before providing information on or through them. Please read this policy carefully to understand our policies and practices for collecting, processing, and storing your information. If you do not agree with our policies and practices, do not download, register with, or use the C-Suite. By downloading, registering with, or using the C-Suite, you indicate that you understand, accept, and consent to the practices described in this policy. This policy may change from time to time (see Changes to Our Privacy Policy). In all cases, your continued use of the C-Suite after we make changes indicates that you accept and consent to those changes, and have obtained any necessary consents required with respect to personal information collected by us in connection with the C-Suite, so please check the policy periodically for updates. With respect to your use of the CarbonSuite application, we will notify you in advance of any material changes to this policy. INFORMATION WE COLLECT ABOUT YOU The types of information that we collect include: Personal information that we can reasonably use to directly or indirectly identify an individual, such as: an individual’s first name and last name, including those for the Company’s employees, vendors, and Client Organization employees, customers or other personnel; residential addresses of Client Organization employees; usernames or other similar identifiers; email addresses and internet protocol (IP) addresses; details related to energy consumption, commuting patterns, vehicle information of Client Organization employees and any other data required to calculate employees’ environmental impact other data of sensitive and/or confidential nature, such as the Hash version of passwords and SMTP credentials. Business-related information, namely information that related to your business duties, including, but not limited to: business address; business email address; business telephone number; customer names of user organizations that are not individuals; vendors of user organizations that are not individuals; subsidiary names of user organizations duties; activity data (e. g. , an energy bill) of user organizations; and financial transaction details that do not contain personal information. employee or other personnel positions at user organization; names of products and services bought and sold by user organization Non-personal information that does not directly or indirectly reveal your identity or directly relate to an identified individual, including, but not limited to, financial account names, financial transaction details (including dates, amounts, category (as defined by user organization) and accounts), assets of user organization, departments of user organization, physical location(s) of user organization, and projects and files of user organizations uploaded for reports and other topics. We may derive non-personal statistical or aggregated data from personal information. For example, we may aggregate personal information to calculate the percentage of users accessing a specific app feature. Technical information, including, but not limited to, your login information, SMTP credentials, device type, time zone setting, and usage details. HOW WE COLLECT INFORMATION ABOUT YOU We collect information about you through: Direct interactions with you when you provide it to us, for example, by filling in forms, user submissions or corresponding with us, including, but not limited to, through live chat or other communication with CarbonSuite personnel or automated/AI agents. Automated technologies or interactions, when you use the C-Suite, for example, usage details, IP addresses, and information collected through cookies, web beacons, and other tracking technologies. Third parties or publicly available sources, for example, CarbonSuite’s business partners. Information You Provide to Us When you download, register with, or use the C-Suite, we may ask you to provide: Information by filling in forms and surveys in the C-Suite. This includes information you provide when registering to use the C-Suite, managing your C-Suite account, configuring the settings of your applications, products and services, providing necessary consents to access data in connection with the C-Suite, and requesting further applications, products and services. We may also ask you for information when you report a problem with the C-Suite. Records and copies of your correspondence, including email addresses and phone numbers, if you contact us. Details of transactions you carry out in connection with the C-Suite. You will be required to provide financial information for CarbonSuite to collect the necessary data to provide its services. Details of non-financial transactions you carry out in connection with the C-Suite. You will be required to provide non-financial information, such as emissions data, energy consumption, water consumption, waste generation, and other information related to your Environmental, Social, and Governance reporting. Personal information of members, vendors, customers, and other entities affiliated with user organizations to whom such user organizations send invitations to contribute information to the C-Suite. Your search queries on the C-Suite. Automatic Information Collection and Tracking Technologies As you download, access, and use the C-Suite or its products and services, it may automatically collect: Usage details. When you access and use the C-Suite, we may automatically collect certain details of your access to and use of the C-Suite, including location data, logs, and other communication data and the resources that you access and use on or through the C-Suite. Device information. We may collect information about your device and internet connection, including the device’s unique device identifier, IP address, operating system, browser type, mobile network information, and the device’s telephone number. Stored information and files. The C-Suite may access metadata and other information associated with other files stored on your device. This may include, for example, date/time, location, and device information. Location information. The C-Suite may collect real-time information about the location of your device. The technologies we use for this automatic data collection may include: C-Suite Software. Data and analytics reports. Cookies. A cookie is a small file placed on your device. It may be possible to refuse to accept cookies by activating the appropriate setting on your device. However, if you select this setting you may be unable to access certain parts of the C-Suite. Unless you have adjusted your setting so that it will refuse cookies, CarbonSuite’s system will issue cookies when you direct your browser to the C-Suite. Flash Cookies. Certain features of the C-Suite may use local stored objects (or Flash cookies) to collect and store information about your preferences and navigation to, from, and on the C-Suite. Flash cookies are not managed by the same browser settings that are used for browser cookies. For information about managing your privacy and security settings for Flash cookies, see Choices About How We Use and Disclose Your Information. Web beacons. Pages of the C-Suite may contain small electronic files known as web beacons (also referred to as clear gifs, pixel tags and single-pixel gifs) that permit the CarbonSuite, for example, to count users who have visited those pages and for other related product and services statistics (for example, recording the popularity of certain product and services and verifying system and server integrity). ] The information we collect automatically is statistical data and may include personal information. We may maintain it or associate it with personal information we collect in other ways, that you provide to us, or receive from third parties. This usage information helps us to improve the C-Suite and to deliver a more personalized service, including by helping us to: Estimate usage patterns. Store information about your preferences and customize the C-Suite according to your individual interests and broader patterns of interest. If you do not want us to collect this information do not download, access or use the C-Suite. For more information, see Choices About How We Use and Disclose Your Information. Third-Party Information Collection When you use the C-Suite or its content, certain third parties collect information about you or your device. These third parties include: Oracle Amazon Google Microsoft Atlassian Hubspot These third parties may use cookies alone or in conjunction with other tracking technologies to collect information about you when you use the C-Suite. The information they collect may be associated with your personal information or they may collect information, including personal information, about your online activities over time and across different websites, apps and other online services. They may use this information to provide you with behavioural advertising or other targeted content. You can opt-out of several third-party ad servers’ and networks’ cookies simultaneously. If you live in Canada, you can use an opt-out tool created by the Digital Advertising Alliance of Canada. You can also access these websites to learn more about online behavioural advertising and how to stop websites from placing cookies on your device. Opting out of a network does not mean you will no longer receive online advertising. It does mean that the network from which you opted out will no longer deliver ads tailored to your web preferences and usage patterns. We do not control these third parties’ tracking technologies or how they use them. If you have any questions about an advertisement or other targeted content, you should contact the responsible provider directly. For more information about how you can opt out of receiving targeted advertising from many providers, see Choices About How We Use and Disclose Your Information. HOW WE USE YOUR INFORMATION We use information that we collect about you or that you provide to us, including any personal information: To provide you with the C-Suite and its offerings. To provide you with information, products or services that you request from us, or that may be of interest. To fulfill the purposes for which you provided it or that were described when it was collected or any other purpose for which you provide it. To carry out our obligations and enforce our rights in any contracts with you, including for billing and collection or to comply with legal requirements. To notify you when updates to the C-Suite are available, and of changes to any products or services we offer or provide though it. To improve the C-Suite, products or services, or customer relationships and experiences. For any other purpose with your consent. Usage information that we collect helps us to improve the C-Suite and to deliver a better and more personalized experience, including by enabling us to: Estimate usage patterns; and Store information about your preferences, allowing us to customize the C-Suite according to your individual interests and broader patterns of interest. We may use location information we collect to determine environmental impact, for example, the carbon footprint of any travel associated with you. For more information, see Choices About How We Use and Disclose Your Information. DISCLOSURE OF YOUR INFORMATION We may disclose aggregated information about our users, and information that does not identify any individual, without restriction. We may disclose personal information that we collect or you provide as described in this privacy policy: To our affiliates. According to applicable law, to a buyer or other successor in the event of a merger, divestiture, restructuring, reorganization, dissolution, or other sale or transfer of some or all of CarbonSuite Inc. ’s assets, whether as a going concern or as part of bankruptcy, liquidation, or similar proceeding, in which personal information held by CarbonSuite Inc. about our customers and users is among the assets transferred. To contractors, service providers, and other third parties we use to support our business, such as analytics and search engine providers that help us optimize and improve our services. We contractually require these third parties to keep personal information confidential, use it only for the purposes for which we disclose it to them, and to process personal information following the same standards set out in this policy. To fulfill the purpose for which you provide it. For any other purpose we disclose when you provide the information. With your consent. To comply with any court order, law, or legal process, including to respond to any government or regulatory request, according to applicable law. To enforce our rights arising from any contracts between you and us, including the C-Suite, terms of sale (per the End User Licence Agreement), and for billing and collection. If we believe disclosure is necessary or appropriate to protect the rights, property, or safety of CarbonSuite Inc. , our customers, or others. This includes exchanging information with other companies and organizations for fraud prevention and credit risk reduction. TRANSFERRING YOUR PERSONAL INFORMATION We may transfer personal information that we collect or that you provide us to contractors, service providers, and other third parties we use to support the C-Suite (such as analytics providers that assist us with improvements and optimization of the C-Suite) and who are contractually obligated to keep personal information confidential, to use it only for the purposes for which we disclose it to them, and to process the personal information with the same standards set out in this policy. We may process, store, and transfer your personal information in and to other countries with different privacy laws that may or may not be as comprehensive as Canadian law. In these circumstances, the governments, courts, law enforcement, or regulatory agencies of that country may be able to obtain access to your personal information. Whenever we engage a service provider, we require that its privacy and security standards comply with this policy and applicable Canadian laws. By submitting your personal information or engaging with the C-Suite, you consent to this transfer, storage, or processing. CHOICES ABOUT HOW WE USE AND DISCLOSE YOUR INFORMATION We strive to provide you with choices regarding the personal information that you provide to us. We have created mechanisms to provide you with the following control over your information: Account Information. You can manage the information you provide to us through your account in connection with the C-Suite. You may add, delete or update information at any time. Cookie Preferences. You can set your browser to refuse all or some browser cookies, or to alert you when cookies are being sent. If you disable or refuse cookies, some parts of the C-Suite may not be accessible or may not function properly. For more information about tracking technologies, see Automatic Information Collection and Tracking Technologies. DATA SECURITY The security of your personal information is very important to us. We use physical, electronic, and administrative measures designed to secure your personal information from accidental loss and from unauthorized access, use, alteration, and disclosure. We store all information you provide to us behind firewalls on our secure servers. Any sensitive information will be encrypted at rest. The safety and security of your information also depends on you. Where we have given you (or you have chosen) a password for access to certain parts of the C-Suite, you are responsible for keeping it confidential. We ask you not to share your password with anyone. Unfortunately, the transmission of information via the Internet and mobile platforms is not completely secure. Although we do our best to protect your personal information, we cannot guarantee the security of your personal information transmitted through the C-Suite. Any transmission of personal information is at your own risk. We are not responsible for circumvention of the C-Suite privacy settings or security measures. DATA RETENTION Except as otherwise permitted or required by applicable law or regulation, we will only retain your personal information for as long as necessary to fulfill the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements. Under some circumstances we may anonymize or aggregate your personal information so that it can no longer be associated with you. We reserve the right to use such anonymous and de-identified data for any legitimate business purpose without further notice to you or your consent. ACCESSING AND CORRECTING YOUR PERSONAL INFORMATION It is important that the personal information we hold about you is accurate and current. Please keep us informed if your personal information changes. By law you have the right to request access to and to correct the personal information that we hold about you. You can review and change your personal information by logging into your account on the C-Suite and visiting your account profile page. If you want to review, verify, correct, or withdraw consent to the use of your personal information you may also send us an email at to request access to, correct, or delete any personal information that you have provided to us. We may not accommodate a request to change information if we believe the change would violate any law or legal requirement or cause the information to be incorrect. We may request specific information from you to help us confirm your identity and your right to access, and to provide you with the personal information that we hold about you or make your requested changes. Applicable law may allow or require us to refuse to provide you with access to some or all of the personal information that we hold about you, or we may have destroyed, erased, or made your personal information anonymous in accordance with our record retention obligations and practices. If we cannot provide you with access to your personal information, we will inform you of the reasons why, subject to any legal or regulatory restrictions. We will provide access to your personal information, subject to exceptions set out in applicable privacy legislation. Examples of such exceptions may include: Information protected by solicitor-client privilege. Information that is part of a formal dispute resolution process. Information that is about another individual that would reveal their personal information or confidential commercial information. Information that is prohibitively expensive to provide. If you are concerned about our response or would like to correct the information provided, you may contact our Data Privacy Officer at Poyan. jadidian@carbon-suite. com or info@carbon-suite. com. WITHDRAWING YOUR CONSENT Where you have provided your consent to the collection, use, and transfer of your personal information, you may have the legal right to withdraw your consent under certain circumstances. To withdraw your consent, if applicable, contact us at info@carbon-suite. com. Please note that if you withdraw your consent, we may not be able to provide you with a particular product or service. We will explain the impact to you at the time to help you make your decision. CHANGES TO OUR PRIVACY POLICY We may update our privacy policy from time to time. It is our policy to post any changes we make to our privacy policy on this page with a notice that we have updated the privacy policy. If we make material changes to how we treat our users’ personal information, we will post the new privacy policy on this page with a notice that the privacy policy has been updated and notify you to the primary email address specified in your account. We include the date the privacy policy was last revised at the top of the page. You are responsible for ensuring we have an up-to-date, active, and deliverable email address for you, and for periodically visiting this privacy policy to check for any changes. CONTACT INFORMATION AND CHALLENGING COMPLIANCE We welcome your questions, comments, and requests regarding this privacy policy and our privacy practices. Please contact us at: CarbonSuite Inc. Data Privacy Officer: Poyan Jadidian, Poyan. jadidian@carbon-suite. com OR info@carbon-suite. com We have procedures in place to receive and respond to complaints or inquiries about our handling of personal information and our compliance with this policy and with applicable privacy laws. To discuss our compliance with this policy, please contact our Data Privacy Officer using the contact information listed above. - Published: 2025-10-02 - Modified: 2025-10-02 - URL: https://carbon-suite.com/end-user-license-agreement/ This End User Licence Agreement (the “Agreement”) governs your use of the specialized carbon accounting software (the “CarbonSuite Software”), including all user manuals, technical manuals, and any other materials provided by CarbonSuite Inc. (“Licensor”), in printed, electronic, or other form, that describe the CarbonSuite Software or its use or specifications (the “Documentation”). This agreement is binding between you (“you” or “your”) and the Licensor if you are using the CarbonSuite Software: a) pursuant to and subject to a software license agreement (the “Software License Agreement”) between CarbonSuite Inc. (“Licensor”) and your employer or other person or entity who has authorized your use of and access to the CarbonSuite Software for their purposes (“Licensee”); or b) as a user explicitly authorized by the Licensor to use the CarbonSuite Software (e. g. pursuant to a free trial). LICENSOR PROVIDES THE CARBONSUITE SOFTWARE SOLELY ON THE TERMS AND CONDITIONS SET FORTH IN THIS AGREEMENT AND ON THE CONDITION THAT YOU ACCEPT AND COMPLY WITH THEM. BY ACCEPTING THIS AGREEMENT, YOU: (i) REPRESENT AND WARRANT THAT YOU ARE DULY AUTHORIZED BY LICENSEE OR LICENSOR TO ACCESS AND USE THE CARBONSUITE SOFTWARE; AND (ii) ACCEPT THESE AUTHORIZED USER TERMS AND AGREE THAT YOU ARE LEGALLY BOUND BY THEM. IF YOU DO NOT AGREE TO THESE TERMS OF USE, DO NOT ] AND YOU WILL HAVE NO LICENCE TO, AND MUST NOT ACCESS OR USE, THE CARBONSUITE SOFTWARE. NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT OR YOUR ACCEPTANCE OF THE TERMS AND CONDITIONS OF THIS AGREEMENT, NO LICENCE IS GRANTED (WHETHER EXPRESSLY, BY IMPLICATION OR OTHERWISE) UNDER THIS AGREEMENT, AND THIS AGREEMENT EXPRESSLY EXCLUDES ANY RIGHT CONCERNING ANY SOFTWARE THAT YOU DID NOT ACQUIRE LAWFULLY OR THAT IS NOT A LEGITIMATE, AUTHORIZED COPY OF LICENSOR’S SOFTWARE. 1. Definitions. For purposes of this Agreement, the following terms shall have the following meanings: “CarbonSuite Software” has the meaning set forth in the preamble and more particularly means (1) the CarbonSuite Inc. software application and application programming interface, including all related applications, websites, and services, including without limitation CarbonSuite’s technology and application software made available by CarbonSuite on a hosted and/or cloud-based, internet-accessible basis; (2) any containerized, local, non-hosted, executable, or otherwise derivative or partial version of the foregoing; (3) any software or API documentation or other API materials made available by CarbonSuite; and (4) any improvement or other modifications to any of the foregoing, whether or not developed in the course of performing or as a result of the Services or incorporated into any Deliverable. “Customer Data” means, other than Aggregated Statistics, information, data, and other content, in any form or medium, that is submitted, posted, or otherwise transmitted by or on behalf of Licensee or any other Authorized User through the CarbonSuite Software. “Feedback” has the meaning set forth in Section 7. “Licensee” has the meaning set forth in the preamble. “Licensor” has the meaning set forth in the preamble. “Licensor IP” means the CarbonSuite Software, the documentation associated with the CarbonSuite Software, the Licensor Marks, and all intellectual property provided to you in connection with the foregoing. For the avoidance of doubt, Licensor IP includes Aggregated Statistics and any information, data, or other content derived from Licensor’s monitoring of your access to or use of the CarbonSuite Software, but does not include Customer Data. “Licensor Marks” means the Licensor’s proprietary trademarks, trade names, branding, or logos that may be made available for use in connection with the CarbonSuite Software pursuant to this Software Agreement. “Parties” means the Licensor and you. “Person” means an individual, sole proprietorship, corporation, limited liability Licensor, partnership, joint venture, firm, governmental authority, unincorporated organization, trust, association, board, or other entity. “Privacy Policy” means the CarbonSuite Privacy Policy in effect when you enter this Agreement and access the CarbonSuite Software. “Third-Party Products” means any products, content, services, information, websites, or other materials that are owned by third parties and are incorporated into or accessible through the CarbonSuite Software. 2. Licence Grant. Subject to your strict compliance with this Agreement and your consent to the terms of our Privacy Policy, Licensor hereby grants you a non-exclusive, non-transferable, non-sublicensable, limited licence to use the CarbonSuite Software in Canada (the “Territory”), to: a) use the CarbonSuite Software in connection with NetSuite (subject to NetSuite’s terms and conditions); and b) display certain Licensor Marks in compliance with usage guidelines that Licensor may specify from time to time solely in connection with the use of the CarbonSuite Software data, reports, applications and services and not in connection with the advertising, promotion, distribution, or sale of any other products or services, a) and b) together forming “the License”. Licensor reserves all rights not expressly granted to you in this Agreement. The foregoing license will terminate immediately on the earlier to occur of: the expiration or earlier termination of the Software Licence Agreement between Licensor and Licensee, if applicable; your breach of any provision of this Agreement; or your ceasing to be authorized by Licensor or Licensee to use the CarbonSuite Software for any or no reason (e. g. upon the expiry of a free trial). 3. Use Restrictions. You shall not, directly or indirectly: use the CarbonSuite Software except as set forth in Section 2; copy the CarbonSuite Software, in whole or in part; modify, translate, adapt, or otherwise create derivative works or improvements, whether or not patentable, of the Software or any part thereof; combine or integrate the CarbonSuite Software with any software, technology, services, or materials not authorized by the Licensor under the license granted to you under Section 2; reverse engineer, disassemble, decompile, decode, or otherwise attempt to derive or gain access to any software component, algorithm or use of an algorithm, dictionary, or any other proprietary feature of or trade secret related to the CarbonSuite Software, in whole or in part, or train any artificial intelligence, machine learning or deep learning model or software, or create a dataset for same; rent, lease, lend, sell, sublicense, assign, distribute, publish, transfer, or otherwise provide any access to or use of the CarbonSuite Software or any features or functionality of the CarbonSuite Software, for any reason, to any other person or entity, including any subcontractor, independent contractor, affiliate, or service provider of Licensee, whether or not over a network and whether or not on a hosted basis, including in connection with the internet, web hosting, wide area network (WAN), virtual private network (VPN), virtualization, time-sharing, service bureau, software as a service, cloud, or other technology or service, except to the sole extent that your or the Licensee’s applications incorporate or rely upon the CarbonSuite Software in accordance with this Agreement; access the CarbonSuite Software directly or indirectly through an artificial intelligence system or artificial intelligence software, including an agentic artificial intelligence system or agentic artificial intelligence software; remove, delete, alter, or obscure any trademarks or any copyright, trademark, patent, or other intellectual property or proprietary rights notices included on or in the CarbonSuite Software, including any copy thereof; remove any proprietary notices from the CarbonSuite Software and related data, reports or information; use the CarbonSuite Software in any manner or for any purpose that infringes, misappropriates, or otherwise violates any intellectual property rights or other right of any person, that violates any applicable law, or that is unethical; design applications to disable, override, or otherwise interfere with any Licensor-implemented communications to end users, consent screens, user settings, alerts, warnings, or the like; use the CarbonSuite Software to replicate or attempt to replace the user experience of the CarbonSuite Software, or otherwise deliver a service that is duplicative or a flow-through of the services of the CarbonSuite Software or that unreasonably removes a person’s or entity’s need for the CarbonSuite Software; attempt to cloak or conceal your identity when requesting authorization to use the CarbonSuite Software; use the CarbonSuite Software in connection with or to promote any products, services, or materials that constitute, promote, or are used primarily for the purpose of dealing in spyware, adware, or other malicious programs or code, counterfeit goods, items subject to Canadian embargo, unsolicited mass distribution of email, unconsented-to commercial electronic messages, multi-level marketing proposals, hate materials, hacking, surveillance, interception, or descrambling equipment, libelous, defamatory, obscene, pornographic, or abusive content, stolen products and items used for theft, or hazardous materials; use the CarbonSuite Software for any illegal or unethical purposes; or use the CarbonSuite Software for purposes of competitive analysis of the CarbonSuite Software, the development of a competing software product or service or any other purpose that is to the Licensor’s commercial disadvantage. You shall comply with all terms and conditions of this Agreement, and all applicable laws, rules and regulations. 4. Compliance Measures. The CarbonSuite Software may contain technological copy protection or other security features designed to prevent unauthorized use of the CarbonSuite Software, including features to protect against use of the CarbonSuite Software: beyond the scope of the licence granted to pursuant to Section 2; prohibited under Section 3. You shall not, and shall not attempt to, remove, disable, circumvent, or otherwise create or implement any workaround to, any such copy protection or security features. 5. Collection and Use of Information. Licensor may, directly or indirectly through the services of others, collect and store information regarding use of the CarbonSuite Software and about equipment on which the CarbonSuite Software is installed or through which it otherwise is accessed and used, by means of (i) providing maintenance and support services and (ii) security measures included in the CarbonSuite Software as described in Section 4. From time to time, either Party may disclose or make available to the other Party information about its business affairs, finances, products, confidential intellectual property, trade secrets, third-party confidential information, and other sensitive or proprietary information, whether orally or in written, electronic, or other form or media/in written or electronic form or media, whether or not marked, designated, or otherwise identified as “confidential” (collectively, “Confidential Information”). Confidential Information does not include information that, at the time of disclosure is: (a) in the public domain; or (b) known to the receiving Party prior to the date of this Agreement. The receiving Party shall not disclose the disclosing Party’s Confidential Information to any Person, except to the receiving Party’s employees who have a need to know the Confidential Information for the receiving Party to exercise its rights or perform its obligations hereunder. Notwithstanding the foregoing, each Party may disclose Confidential Information to the limited extent required (i) in order to comply with the order of a court or other governmental body, or as otherwise necessary to comply with applicable law, provided that the Party making the disclosure pursuant to the order shall first have given written notice to the other Party and made a reasonable effort to obtain a protective order; or (ii) to establish a Party’s rights under this Agreement, including to make required court filings. On the expiration or termination of this Agreement, the receiving Party shall promptly return to the disclosing Party all copies, whether in written, electronic, or other form or media, of the disclosing Party’s Confidential Information, or destroy all such copies and certify in writing to the disclosing party that such Confidential Information has been destroyed. Each Party’s obligations of non-disclosure with regard to Confidential Information will survive the termination or expiration of this Agreement unless otherwise agreed upon by the Parties in writing. You agree that the Licensor may use such information for any purpose related to any use of the CarbonSuite Software by you, including but not limited to: (i) improving the performance of the CarbonSuite Software or developing updates; and (ii) verifying compliance with the terms of this Agreement and enforcing Licensor’s rights, including all intellectual property rights in and to the CarbonSuite Software. Notwithstanding anything to the contrary in this Agreement, Licensor may monitor your use of the CarbonSuite Software and collect and compile data and information related to your use of the CarbonSuite Software to be used by Licensor in an aggregated and anonymized manner, including to compile statistical and performance information related to the provision and operation of the CarbonSuite Software (“Aggregated Statistics”). As between Licensor and you, all right, title, and interest in Aggregated Statistics, and all intellectual property rights therein, belong to and are retained solely by Licensor. You acknowledge that Licensor may compile Aggregated Statistics based on your data input into the CarbonSuite Software. You agree that Licensor may (i) make Aggregated Statistics publicly available in compliance with applicable law, and (ii) use Aggregated Statistics to the extent and in the manner permitted under applicable law; provided that such Aggregated Statistics do not identify you or your Confidential Information. 6. Third-Party Products. The CarbonSuite Software may permit access to Third-Party Products. For purposes of this Agreement, such Third-Party Products are subject to their own terms and conditions presented to you for acceptance within the CarbonSuite Software by website link or otherwise. If you do not agree to abide by the applicable terms for any such Third-Party Products, then you should not install, access, or use such Third-Party Products. 7. Intellectual Property Rights. Ownership. You acknowledge that you do not acquire any ownership interest in the CarbonSuite Software under this Agreement, or any other rights to the CarbonSuite Software other than to use the CarbonSuite Software in accordance with the licence granted under this Agreement, subject to all terms, conditions, and restrictions. Licensor reserves and shall retain its entire right, title, and interest, including intellectual property rights, in and to the CarbonSuite Software, the Licensor Marks, and Licensor IP, subject to the licence expressly granted to you in this Agreement. You shall use commercially reasonable efforts to safeguard all Software (including all copies thereof) from infringement, misappropriation, theft, misuse, or unauthorized access. Feedback. From time-to-time you may send or transmit communications or materials to the Licensor by mail, email, telephone, or otherwise, suggesting or recommending changes to the CarbonSuite Software or the Licensor Marks, including without limitation, new features or functionality relating thereto, or any comments, questions, suggestions, or the like (collectively, “Feedback”). You hereby assign to the Licensor all right, title, and interest in and to the Feedback including, but not limited to, the right to use, without any attribution or compensation to you or any third party, any ideas, know-how, concepts, techniques, or other intellectual property rights contained in the Feedback for any purpose whatsoever. The Licensor is not required to use any Feedback. 8. Disclaimer of Warranties. THE CARBONSUITE SOFTWARE AND LICENSOR MARKS ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS AND THE LICENSOR SPECIFICALLY DISCLAIMS ALL WARRANTIES AND CONDITIONS, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. THE LICENSOR SPECIFICALLY DISCLAIMS ALL IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, AND ALL WARRANTIES ARISING FROM COURSE OF DEALING, USAGE, OR TRADE PRACTICE. THE LICENSOR MAKES NO WARRANTY OF ANY KIND THAT THE CARBONSUITE SOFTWARE OR LICENSOR MARKS, OR ANY PRODUCTS OR RESULTS OF THE USE THEREOF, WILL MEET YOUR OR ANY OTHER PERSON’S REQUIREMENTS, OPERATE WITHOUT INTERRUPTION, ACHIEVE ANY INTENDED RESULT, BE COMPATIBLE OR WORK WITH ANY OF THE LICENSEE’S OR ANY THIRD PARTY’S SOFTWARE, SYSTEM, OR OTHER SERVICES, OR BE SECURE, ACCURATE, COMPLETE, FREE OF HARMFUL CODE, OR ERROR-FREE, OR THAT ANY ERRORS OR DEFECTS CAN OR WILL BE CORRECTED. YOU ACKNOWLEDGE AND AGREES THAT ANY INFORMATION POSTED ON, PROVIDED BY, OR OTHERWISE AVAILABLE ON OR THROUGH THE CARBONSUITE SOFTWARE IS NOT INTENDED TO BE LEGAL ADVICE, MEDICAL ADVICE, FINANCIAL ADVICE, OR ANY OTHER KIND OF PROFESSIONAL ADVICE, AND SHOULD NOT FORM THE BASIS FOR ANY OPINION, ACTION OR INACTION, OR OTHER CONCLUSION. CARBONSUITE DOES NOT WARRANT THE ACCURACY OF ITS CALCULATIONS, EMISSION DISCLOSURES OR REDUCTION RECOMMENDATIONS. 9. Disclaimer of Liability. TO THE FULLEST EXTENT PERMITTED UNDER APPLICABLE LAW, IN NO EVENT WILL LICENSOR BE LIABLE TO YOU OR TO ANY THIRD PARTY UNDER ANY TORT, CONTRACT, NEGLIGENCE, STRICT LIABILITY, OR OTHER LEGAL OR EQUITABLE THEORY FOR: (A) ANY LOST PROFITS, LOST OR CORRUPTED DATA, COMPUTER FAILURE OR MALFUNCTION, INTERRUPTION OF BUSINESS, OR OTHER SPECIAL, INDIRECT, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND ARISING OUT OF THE USE OR INABILITY TO USE THE CARBONSUITE SOFTWARE; OR (B) EXCEPT FOR A PARTY’S WILFULL MISCONDUCT, ANY DAMAGES, EVEN IF THE LICENSOR HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH LOSS OR DAMAGES AND WHETHER OR NOT SUCH LOSS OR DAMAGES ARE FORESEEABLE. IF YOU ARE USING THE CARBONSUITE SOFTWARE PURSUANT TO A SOFTWARE LICENCE AGREEMENT, YOU ACKNOWLEDGE THAT YOU HAVE NO RIGHTS UNDER THE SOFTWARE LICENCE AGREEMENT INCLUDING ANY RIGHTS TO ENFORCE ANY OF ITS TERMS. ANY OBLIGATION OR LIABILITY LICENSOR OR ITS AFFILIATES, OR ANY OF ITS OR THEIR LICENSORS OR SERVICE PROVIDERS, MAY HAVE WITH RESPECT TO YOUR USE OR INABILITY TO USE THE CARBONSUITE SOFTWARE SHALL BE SOLELY TO LICENSEE PURSUANT TO THAT AGREEMENT AND SUBJECT TO ALL LIMITATIONS OF LIABILITY SET FORTH THEREIN. 10. Export Regulation. The CarbonSuite Software may be subject to Canadian export control laws. You shall not, directly or indirectly, export, re-export, or release the CarbonSuite Software to, or make the CarbonSuite Software accessible from any jurisdiction or country to which export, re-export, or release is prohibited by law, rule, or regulation. You shall comply with all applicable federal laws, regulations, and rules, and complete all required undertakings (including obtaining any necessary export licence or other governmental approval), prior to exporting, re-exporting, releasing, or otherwise making the CarbonSuite Software available outside Canada. 11. Governing Law. This Agreement is governed by and construed in accordance with the laws of the Province of Ontario, Canada and the federal laws of Canada applicable therein, without giving effect to any choice or conflict of law provision or rule (whether of the Province of Ontario, Canada or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than those of the Province of Ontario, Canada. 12. Choice of Forum. Subject to Section 13, any legal suit, action, litigation, or proceeding of any kind whatsoever in any way arising out of, from, or relating to this Agreement, including all statements of work, exhibits, schedules, attachments, and appendices attached to this Agreement, the services provided hereunder, and all contemplated transactions, shall be instituted in the courts of the Province of Ontario, Canada, and each Party irrevocably submits to the exclusive jurisdiction of such courts in any such suit, action, litigation, or proceeding. Each Party agrees that a final judgment in any such suit, action, litigation, or proceeding is conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Subject to Section 13, the Parties hereto irrevocably and unconditionally waive any objection to the venue of any action or proceeding in such courts and irrevocably waive and agree not to plead or claim in any such court that any such action or proceeding brought in any such court has been brought in an inconvenient forum. 13. Arbitration. Any disputes, controversy, disagreement, or claim arising under, out of, relating to, or in connection with this Agreement or any breach thereof, including without limitation disputes arising from or concerning its existence, interpretation, violation, validity, non-performance, or termination, or the business relationship created by this Agreement, shall be referred to and finally resolved by final and binding arbitration under the Canadian Arbitration Association Arbitration Rules, which can be found on the website of the Canadian Arbitrage Association (see: www. canadianarbitrationassociation. ca). The place of the arbitration shall be Toronto, Ontario, Canada. There shall be one (1) arbitrator. The language of the arbitration shall be English. 14. Miscellaneous. Entire Agreement; Amendment. This Agreement and the documents referred to herein constitutes the entire agreement and understanding between the Parties hereto with respect to the subject matter hereof and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, with respect to such subject matter. This Agreement may not be amended unless agreed to in writing by both Parties. Waivers. No waiver of any of the provisions of this Agreement shall be binding unless in writing and signed by the Party against whom enforcement of the waiver is sought, and no such waiver shall operate as a waiver of any other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver. Except as specifically provided herein, no failure to exercise or any delay in exercising any right or remedy hereunder shall constitute a waiver thereof. Binding Effect. This Agreement shall be binding upon and enure to the benefit of and be enforceable by the Parties hereto and their respective successors (including any direct or indirect successor by purchase, amalgamation, arrangement or otherwise to all or substantially all of the business and/or assets of the Licensor), assigns, spouses, heirs and personal and legal representatives. Severability. The provisions of this Agreement shall be severable in the event that any of the provisions hereof (including any portion thereof) are held by a court of competent jurisdiction to be invalid, illegal, void or otherwise unenforceable, and the remaining provisions shall remain enforceable to the fullest extent permitted by law. Upon such determination that any term or other provision is invalid, illegal or unenforceable, the Parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible. Notices. Unless otherwise provided for in this Agreement, any notices to the Licensor must be delivered either in person, by certified or registered mail by Canada Post Corporation, return receipt requested and postage prepaid, or by recognizing overnight courier service, and are deemed given upon receipt by the Licensor. Notwithstanding the foregoing, you hereby consent to receiving electronic communications from the Licensor, which may be in the form of emails, app, software or website pop-up notifications, or other forms of electronic communication. These electronic communications may include notices about applicable fees and charges, transactional information, and other information concerning or related to the CarbonSuite Software or Licensor Marks. You agree that any notices, agreements, disclosures, or other communications that the Licensor sends to you electronically will satisfy any legal communication requirements, including that such communications be in writing. Assignment. This Agreement is personal to you and may not be assigned or transferred for any reason whatsoever without our prior written consent and any action or conduct in violation of the foregoing will be void and without effect. The Licensor expressly reserve the rights to assign this Agreement and to delegate any of its obligations hereunder. Headings. The headings of the sections and paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or to affect the construction or interpretation thereof. - Published: 2025-06-24 - Modified: 2025-06-24 - URL: https://carbon-suite.com/guides/ Product Guides No results found. - Published: 2025-05-14 - Modified: 2025-05-14 - URL: https://carbon-suite.com/emission-reduction-partners/ Record. Report. Reduce. At CarbonSuite, we know that meaningful climate action requires collaboration. That’s why we’ve partnered with industry leaders who specialize in emissions reduction, carbon removal, and verified offsetting. Each of our Emission Reduction Partners brings a unique approach to supporting our clients’ decarbonization goals, ensuring impact that is measurable, traceable, and aligned with global climate targets. Learn MoreQMC – Quality Metering Solutions Visit QMC »QMC empowers organizations with advanced submetering and real-time energy data solutions to unlock insights that drive sustainability. By enabling granular monitoring of electricity, gas, and water usage across multi-residential, commercial, and institutional properties, QMC helps identify inefficiencies and reduce utility consumption at the source. Their meters and software integrations support ESG reporting, tenant billing, and energy conservation initiatives, making them a vital partner for building performance management and emissions reduction at scale. Tradewater Visit Tradewater »Tradewater is tackling some of the most dangerous greenhouse gases on the planet—those with thousands of times the warming potential of CO₂. Specializing in the collection and destruction of refrigerants and methane from abandoned and illegal sources, Tradewater permanently removes emissions that would otherwise linger in the atmosphere for decades. Their projects are independently verified and result in high-integrity carbon credits, giving companies a scientifically credible way to compensate for hard-to-abate emissions while supporting environmental justice and sustainable development. Tentree Climate Plus Visit Tentree Climate Plus »Tentree’s Climate Plus program builds on the company’s mission of planting trees and designing Earth-first apparel. Through Climate Plus, businesses and individuals can contribute directly to impactful nature-based projects, such as reforestation, agroforestry, and verified carbon offsets. All projects are traceable through Tentree’s digital impact platform, enabling transparency and confidence in climate contributions. By combining accessible pricing, consumer engagement, and real-world impact, Climate Plus is helping to democratize climate action and restore ecosystems around the world. Cloverly Visit Cloverly »Cloverly makes it easy for businesses to embed sustainability into their products and services through its powerful API and marketplace. Whether offsetting e-commerce transactions, integrating climate action into employee benefit programs, or supporting customer engagement campaigns, Cloverly helps companies take visible, data-backed action toward net-zero. Their platform includes a curated selection of verified offset and removal projects, categorized by technology, geography, and impact metrics. Cloverly also offers analytics and reporting tools that make it simple to measure and communicate results to stakeholders. Invert Visit Invert »Invert is a global carbon reduction and removal company that partners with innovative projects and technologies to deliver high-quality, verifiable climate solutions. Their portfolio spans nature-based and engineered approaches—from reforestation and soil carbon enhancement to biochar and direct air capture—focused on long-term carbon removal and community co-benefits. Invert works closely with both project developers and enterprise clients to ensure that every carbon credit is traceable, transparent, and grounded in rigorous science. Beyond project investment, Invert plays a key role in educating businesses and consumers on the importance of permanent carbon removal in the journey to net-zero. Their platform provides tools to help organizations assess their emissions footprint, identify credible offsetting strategies, and communicate progress with confidence. As a mission-driven company, Invert is building the bridge between capital and climate action, helping turn sustainability commitments into measurable environmental impact. Patch Visit Patch »Patch is a modern infrastructure platform for climate action, giving businesses the tools to integrate carbon removal and offsetting directly into their digital operations. Through a single API or dashboard, users can access a global marketplace of vetted carbon projects—from regenerative agriculture and reforestation to direct air capture and biochar. Patch emphasizes transparency, traceability, and rigorous verification, ensuring every transaction is backed by data. Their platform supports scalable decarbonization strategies and makes climate action accessible across industries. - Published: 2025-04-17 - Modified: 2025-12-01 - URL: https://carbon-suite.com/customers/ See What People Are Saying AllAfrica1Asia Pacific1Australia5Europe5Latin America2North America7United Kingdom3 ESG Global “Being able to track, manage and reduce our carbon footprint is a critical part of ESG’s sustainability initiatives and more broadly, the transition to a cleaner, smarter energy landscape. Working with CarbonSuite has allowed us to implement a streamlined emissions tracking and reporting solution that is tightly integrated into our business processes, and their Managed Service offering allows us to leverage the expertise of CarbonSuite team to help us succeed in understanding and reducing our carbon footprint. Throughout the project the CarbonSuite team were knowledgeable, attentive and well-structured, ensuring the project stayed on track and aligned with our objectives. The team took the time to fully understand our specific requirements, and work with us to implement the solution we needed. ” Download Case Study Kate BarnesCSR Strategy Lead Close the Loop Global “With CarbonSuite, we’ve automated our emissions accounting, including data collection, emission source mapping and emission factor selections and emissions calculations based on the GHG protocol, making our reporting for mandatory climate disclosures seamless and accurate. The platform integrates directly with our existing NetSuite system, pulling in real-time data without the headaches of spreadsheets or manual entries. ” “Another huge advantage of CarbonSuite is their incredible support team. From onboarding to troubleshooting, they’ve been responsive, knowledgeable, and genuinely invested in our success. If your organisation is looking to streamline emissions reporting and turn sustainability into a business advantage, I highly recommend CarbonSuite. ” Download Case Study View Testimonial Video Krishna SuriSustainability Officer Pai Skincare “As part of our sustainability journey, we needed a carbon accounting solution to validate our B Corp claims and help us commit to meaningful future emission targets. CarbonSuite has been a great solution for us, and it easily integrates with our in-house ERP system. It automated our Scope 1, 2, and 3 emissions reporting, pulling accurate data directly from our NetSuite ERP. Crucially, their Value Chain Module enabled us to launch a Supplier Sustainability Program, collecting vital emissions data from our partners. Now, we have audit-ready reports for B Corp and large global retailers, which significantly strengthens our brand value with verifiable claims. Plus, we’ve achieved increased value chain engagement, sparking collaboration and building stronger relationships with our suppliers. CarbonSuite has truly been vital in embedding sustainability deeper across our operations. ” Download Case Study Danielle GrantHead of Product, NDP & Sustainability Bryant Park Consulting “At BPC, we aspire to create sustainable long-term value for our customers, employees, and community. Thanks to CarbonSuite, we can now measure and manage our carbon footprint to advance our culture of sustainability. ” Download Case Study Alec EpsteinCEO Bestbath “Embarking on our sustainability journey, we sought a solution to efficiently track emissions, which led us to CarbonSuite. Instead of opting for a separate system, we seamlessly integrated it with our ERP system, streamlining our processes. Thanks to this innovative approach, we not only met but also exceeded project deadlines. The responsive customer support further solidified our experience, ensuring a smooth and productive implementation. ” Download Case Study Andrew (Bob) CookEngineering Manager CH4 Global “I started working with the CarbonSuite team about a year ago with the intent of simplifying the GHG accounting process and automating calculations. Over that time, it has been a pleasure to work with Poyan and the CarbonSuite team. The SuiteApp is the only one that actually integrates with NetSuite and allows accounting teams to take ownership of GHG reporting. They have been flexible and open to new ideas, and we have also managed to integrate the platform with other third-party apps, ultimately letting us create custom expense reports that capture emission data on flights, fuel usage, mileage, and more. This distribution of efforts in GHG accounting will ultimately enable us to track our impact while scaling operations. Excellent team both in technical knowledge and personality, I would 100% recommend and use again. ” Download Case Study View Webinar Orlando HayesSustainability Manager Bayton Cleaning “CarbonSuite has assisted Bayton in meeting its sustainability requirements by integrating our ERP and operational data into the CarbonSuite Reporting framework. CarbonSuite has worked with our executive team and QEHS team to deliver on this deployment and roll out. The SuiteApp has also worked with our auditing partners to ensure a consistent approach. We found the deployment very well supported and customised to meet our specific business and industry measurements. The system is very easy to use and time efficient. ” Download Case Study Luke BaylisManaging Director OSF Digital “I started working with the CarbonSuite team about a year ago with the intent of simplifying the GHG accounting process and automating calculations to prepare for CDP annual reporting. Over that time, it has been a pleasure to work with the CarbonSuite team. From the outset, their expertise and dedication were evident, providing a seamless integration experience. ” “If you’re seeking a robust, integrated GHG accounting solution within NetSuite, look no further than CarbonSuite. I would 100% recommend their services and would not hesitate to collaborate with them again. Their team embodies professionalism, innovation, and genuine care for their clients’ success, earning them a well-deserved five-star review. Thank you, CarbonSuite, for making our GHG accounting process a breeze! ” Download Case Study Alexandra GazdaQuality Director & Data Privacy Officer JT Group “CarbonSuite have been a great partner to JT. The NetSuite build allows us to monitor and track out emissions, accurately and in real-time. It has taken away hours of manual reporting and provides an easy to use dashboard for stakeholder view and engagement. Efficient reporting has allowed us to focus more time on our action plan and spotting trends in the data has highlighted real areas of focus as we embed sustainable decision-making across our entire business. The team at CarbonSuite have been superb from implementation to on-going support – they act as an extended part of JT, making correspondence easy, timely and efficient. ” Download Case Study Hannah MitchellFinancial Controller Learn More We’re always here to help you on your sustainability journey. mailinfo@carbon-suite. comlocation_onToronto, CanadaLinkedInYouTube mail Fill out this field Fill out this field edit Fill out this field Send Message - Published: 2025-02-27 - Modified: 2025-05-22 - URL: https://carbon-suite.com/pricing/ Plans For Teams of All Sizes StarterGet StartedGet started risk-free and try out CarbonSuite. checkAutomated Scope 1, 2, 3 CalculationscheckEnergy, Waste, Water Data TrackingcheckSmart Emission Factor MappingcheckAudit Grade and GHG Protocol & SBTi Compliant ReportingcheckEmission Targets, Reductions, Offsets, RECsMost PopularProfessionalContact usStreamline your carbon accounting and sustainability reporting. checkAI Enabled Scope 1, 2, 3 CalculationscheckEnergy, Waste, Water Data TrackingcheckAI Driven Emission Factor MappingcheckAudit Grade and GHG Protocol & SBTi Compliant ReportingcheckEmission Targets, Reductions, Offsets, RECscheckUnlimited UserscheckUnlimited SubsidiariescheckPremium SupportAdd-OnsContact usAdd-on features for all stages of your sustainability journey. checkSustainability DisclosurecheckValue ChaincheckProduct Carbon AccountingcheckCustom IntegrationscheckSustainability-as-a-ServiceReady to learn more? Get started with a personalized demo Our team will be in touch right away to create a personalized demo for your use case. BOOK DEMO - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/spain-climate-reporting-regulations/ Spain’s Royal Decree 214/2025 This is a mandatory carbon disclosure framework introduced by the Government of Spain under Royal Decree 214/2025. It requires companies and public sector entities to calculate, verify, and publicly report their greenhouse gas (GHG) emissions, along with reduction plans. The framework will be implemented in phases starting in 2025, with Scope 3 emissions and external verification becoming mandatory in later years. It aligns with EU climate objectives and promotes transparency through a national carbon footprint register. Short Name: RD 214/2025 Region: Spain Status: Mandatory (phased implementation) Organizations Affected: Large companies under Law 11/2018, mid-sized firms previously in the voluntary register, and public sector bodies, including government ministries and agencies. Source Link EU Corporate Sustainability Reporting Directive This is a mandatory disclosure framework developed by the European Union, aimed at enhancing corporate transparency as well as sustainability reporting within the European Union. Published under the European Sustainability Reporting Standards (ESRS), CSRD includes a wide range of environmental, social, and governance disclosures for EU-based companies. Short Name: CSRD Region: European Union Status: Mandatory Organizations Affected: Companies already subject to NFRD Publicly listed Employing more than 500 people Balance sheet over 25 million euro or net turnover more than 50 million euro Large EU Companies At least 2 of these conditions are met: Balance sheet over 25 million euro Net turnover above 50 million euro Employee count exceeding 250 Listed SMEs At least 2 of these conditions are met: More than 50 employees Balance sheet over 5 million euro Net turnover above 10 million euro Certain non-EU companies operating within the EU A company outside of the EU with a net turnover over 150 million euro in the EU for the last 2 financial years, and at least 2 of the following: Has at least one subsidiary in the EU considered a “large company” Has at least one subsidiary listed in an EU-regulated market Has a branch in the EU with a net turnover of 40 million euro + in the previous year EU Carbon Border Adjustment Mechanism: This is a mandatory disclosure framework developed by the European Union. Under EU CBAM, organizations must report direct and indirect emissions from the products they import into the EU. There is a “transitional period” until December 31, 2025, where organizations are able to use estimates to calculate product emissions. However, after this transitional period, organizations are required to report the actual emissions from products purchased because starting January 1, 2026, they will be required to purchase credits to offset the carbon balance associated with their imported products. Short Name: EU CBAM Region: European Union Status: Mandatory Organizations Affected: EU companies that import any of the following materials from outside of the EU: Cement Electricity Fertilizer Iron and Steel Aluminium Hydrogen Source Link Source Links CSRD Official Legal Text ESRS Implementation Guidance - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/vietnam-mandatory-climate-reporting/ Vietnam State Securities Commission (SSC) This is a mandatory ESG disclosure framework implemented by Vietnam’s State Securities Commission (SSC), requiring listed companies and certain public enterprises to integrate environmental, social, and governance (ESG) information into their annual reports. Published in 2016, the framework aligns with international standards, such as the Global Reporting Initiative (GRI) G4 guidelines. Disclosures are to be included within the company’s annual report, ensuring that ESG considerations are integrated into overall corporate reporting. Short Name: Vietnam ESG Disclosure Mandate Region: Vietnam Status: Mandatory Organizations Affected: Publicly listed companies, large public enterprises, and companies with listed corporate bonds Source Link - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/india-mandatory-climate-reporting-2/ Securities and Exchange Board of India This is a mandatory ESG disclosure framework introduced by the Securities and Exchange Board of India (SEBI), requiring the top 1,000 listed companies by market capitalization to submit Business Responsibility and Sustainability Reports (BRSR) as part of their annual filings. The BRSR framework aligns with international standards such as the Global Reporting Initiative (GRI) and the Task Force on Climate-related Financial Disclosures (TCFD), aiming to enhance transparency and promote sustainable business practices. Short Name: BRSR Region: India Status: Mandatory Organizations Affected: Top 1,000 listed companies by market capitalization Source Link - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/philippines-mandatory-climate-reporting/ Philippines – Mandatory IFRS-Aligned Sustainability Reporting The Philippines has adopted mandatory sustainability and climate disclosures aligned with IFRS S1 and S2 for publicly listed companies and large non-listed entities regulated by the Securities and Exchange Commission (SEC). Reporting is phased from FY2026, starting with the largest listed entities, with Scope 3 emissions and limited assurance requirements introduced progressively in later years. Status: Mandatory (phased rollout) Framework: Philippine Financial Reporting Standards on Sustainability Disclosures (PFRS S1 & PFRS S2), aligned with IFRS S1 & S2 Scope: Publicly listed companies and large non-listed entities - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/taiwan-mandatory-climate-reporting/ Taiwan’s Financial Supervisory Commission (FSC) This is a mandatory climate disclosure framework developed by Taiwan’s Financial Supervisory Commission (FSC). It requires listed companies to report on greenhouse gas (GHG) emissions and other sustainability metrics, aligning with international standards such as the Task Force on Climate-related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB) guidelines. Scope of Disclosure: Companies must report on Scope 1 and Scope 2 GHG emissions, with Scope 3 disclosures encouraged but not yet mandatory. Implementation Timeline: 2026: Companies with paid-in capital over NT$10 billion must prepare reports based on IFRS Sustainability Disclosure Standards for FY2026, to be disclosed in 2027. 2027: Companies with paid-in capital between NT$5 billion and NT$10 billion must prepare reports for FY2027, to be disclosed in 2028. 2028: All other listed companies must prepare reports for FY2028, to be disclosed in 2029. Short Name: Taiwan FSC Climate Disclosure Mandate Region: Taiwan Status: Mandatory (phased implementation) Organizations Affected: All companies listed on the Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx) Source Link - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/thailand-mandatory-climate-reporting/ Thailand Security Exchange Commission (SEC) This is a mandatory ESG disclosure framework established by Thailand’s Securities and Exchange Commission (SEC), requiring all publicly listed companies to report on environmental, social, and governance (ESG) performance through the consolidated Form 56-1 One Report. The framework aligns with international standards such as the Global Reporting Initiative (GRI) and the Task Force on Climate-related Financial Disclosures (TCFD), aiming to enhance transparency and promote sustainable business practices. Short Name: Form 56-1 One Report Region: Thailand Status: Mandatory Organizations Affected: All companies listed on the Stock Exchange of Thailand (SET)Source Link: SEC Thailand – Form 56-1 One Report - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/southkorea-mandatory-climate-reporting/ South Korean Financial Supervisory Services (FSS) and Korea Exchange (KRX) This is a mandatory ESG disclosure framework introduced by South Korea’s Financial Services Commission (FSC) and the Korea Exchange (KRX), requiring KOSPI-listed companies to report on environmental, social, and governance (ESG) performance. The framework is being implemented in phases, with full compliance expected by 2030. The disclosure standards align with international frameworks such as the International Sustainability Standards Board (ISSB) and the Task Force on Climate-related Financial Disclosures (TCFD). Short Name: SGX Region: South Korea Status: Mandatory (phased implementation) Organizations Affected: All companies listed on the Korea Composite Stock Price Index (KOSPI) Source Link Implementation Timeline: 2025: Companies with assets exceeding KRW 2 trillion (~USD 1. 5 billion) begin mandatory ESG reporting. 2027: Companies with assets over KRW 1 trillion (~USD 750 million) are included. 2029: Companies with assets over KRW 500 billion (~USD 375 million) are added. 2030: All KOSPI-listed companies are required to comply. - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/hongkong-mandatory-climate-reporting/ Hong Kong Stock Exchange (HKEX) This is a mandatory climate disclosure framework introduced by the Hong Kong Stock Exchange (HKEX), requiring listed companies to report on greenhouse gas (GHG) emissions and other climate-related information. The framework aligns with international standards such as the International Sustainability Standards Board (ISSB) and the Task Force on Climate-related Financial Disclosures (TCFD). Short Name: HKEX Climate Disclosure Mandate Region: Hong Kong Status: Mandatory Organizations Affected: All companies listed on the Hong Kong Stock Exchange Source Link Scope of Disclosure: Scope 1 and Scope 2 GHG emissions: Mandatory for all listed companies for financial years commencing on or after January 1, 2025. Scope 3 GHG emissions: For LargeCap issuers (constituents of the Hang Seng Composite LargeCap Index): “Comply or explain” for financial years commencing on or after January 1, 2025. Mandatory disclosure for financial years commencing on or after January 1, 2026. For other Main Board issuers: “Comply or explain” for financial years commencing on or after January 1, 2025. For GEM issuers: Voluntary disclosure for financial years commencing on or after January 1, 2025. Implementation Timeline: January 1, 2025: All listed companies must disclose Scope 1 and Scope 2 GHG emissions. January 1, 2026: LargeCap issuers must disclose Scope 3 GHG emissions on a mandatory basis. - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/singapore-mandatory-climate-reporting/ Singapore Exchange (SGX) This is a mandatory disclosure framework developed for companies on the Singapore stock exchange (SGX). The SGX published a list of Core ESG Metrics to drive disclosures. This reporting framework is based on guidance in the Task Force on Climate Related Financial Disclosures and Global Reporting Initiative. Short Name: SGX Region: Singapore Status: Mandatory Organizations Affected: Publicly traded companies on the Singapore Exchange. Source Link - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/uk-mandatory-climate-reporting/ United Kingdom Sustainability Reporting Standards (UK SRS) The UK government is introducing UK Sustainability Reporting Standards (UK SRS) aligned with the ISSB IFRS S1 and IFRS S2 frameworks, establishing a standardized approach for sustainability-related financial disclosures. The standards will replace existing TCFD-aligned reporting requirements and introduce a consistent baseline for reporting on sustainability governance, strategy, risk management, and climate-related metrics. Short Name: UK SRS Region: United Kingdom Status: Proposed / Expected Mandatory Organizations Affected: UK listed companies, with potential expansion to large private companies Source Link United Kingdom Carbon Border Adjustment Mechanism (UK CBAM) This is a mandatory disclosure framework developed by the United Kingdom government. Under UK CBAM, organizations must report direct and indirect emissions from the products they import into the UK. This mandate is under development, please consult the Source Link for more information. Short Name: UK CBAM Region: United Kingdom Status: Mandatory (in progress) Organizations Affected: UK companies that import any of the following materials from outside of the UK: Aluminium Cement Ceramics Fertiliser Glass Hydrogen Iron Steel Source Link - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/indonesia-mandatory-climate-reporting-2/ Canada’s Office of the Superintendent of Financial Institutions (OSFI) Guideline B-15 This is a mandatory climate risk management framework introduced by Canada’s Office of the Superintendent of Financial Institutions (OSFI), requiring all federally regulated financial institutions (FRFIs) to integrate climate-related physical and transition risks into governance, risk management, scenario analysis, and financial disclosures. Phased implementation starts in 2024–25, with alignment to ISSB/TCFD and CSSB standards. Short Name: Guideline B‑15 Region: Canada Status: Mandatory Organizations Affected: All Federally Regulated Financial Institutions (FRFIs), including banks, insurers, and trust companies (excluding foreign bank branches). Source Link Key Requirements: Establish governance accountability, embed climate considerations in business strategy, and develop a formal Climate Transition Plan. Integrate climate risks into Risk Appetite, ERM, internal controls, and risk identification processes using reliable data and scenario tools. Conduct internal climate scenario analysis and participate in OSFI’s Standardized Climate Scenario Exercise. Incorporate climate-related risks into ICAAP/ORSA and maintain capital and liquidity buffers for plausible climate events. Publish annual climate-related financial disclosures (governance, strategy, risk management, metrics and targets) aligned with ISSB S2/TCFD, within 180 days of fiscal year-end. Disclose Scope 1 and 2 emissions from FY-end 2024–25; Scope 3 emissions from 2028 (on-balance sheet) and 2029 (assets under management/off-balance sheet). - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/indonesia-mandatory-climate-reporting/ Indonesian Financial Services Authority (OJK) This is a mandatory sustainability reporting framework established by Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan, or OJK) under Regulation No. 51/POJK. 03/2017. It requires financial institutions, publicly listed companies, and state-owned enterprises to prepare and submit annual Sustainability Reports, either as part of their annual reports or as standalone documents. The regulation aligns with international standards such as the Global Reporting Initiative (GRI) and incorporates elements of the Task Force on Climate-related Financial Disclosures (TCFD). Short Name: OJK POJK 51/2017 Region: Indonesia Status: Mandatory (phased implementation) Organizations Affected: Financial service institutions (FSIs), publicly listed companies, state-owned enterprises, and issuers of corporate bonds Source Link - Published: 2025-02-14 - Modified: 2026-05-08 - URL: https://carbon-suite.com/us-mandatory-climate-reporting/ California SB-253 This is a mandatory disclosure framework that requires companies over a revenue threshold that “do business in California” to report their Scope 1, 2, and 3 greenhouse gas emissions. See our Blog Post for more details. Short Name: CCDAA Region: United States Status: Mandatory Organizations Affected: Any company over $1B revenue doing business in California. Source Link: https://leginfo. legislature. ca. gov/faces/billNavClient. xhtml? bill_id=202320240SB253 download sb253 guideDownload Your Free Guide! Fill out the form below to receive your free guide! First Name * Fill out this field Last Name * Fill out this field Email * Please enter a valid email address. Download Guide California SB-261 This is a mandatory disclosure framework that requires companies over a revenue threshold that “do business in California” to report their Scope 1, 2, and 3 greenhouse gas emissions. See our Blog Post for more details. Short Name: CRFRA Region: United States Status: Mandatory Organizations Affected: Any company over $500M revenue doing business in California. Source Link: https://leginfo. legislature. ca. gov/faces/billNavClient. xhtml? bill_id=202320240SB253 download sb261 guideDownload Your Free Guide! Fill out the form below to receive your free guide! First Name * Fill out this field Last Name * Fill out this field Email * Please enter a valid email address. Download Guide NY S3456 This is a mandatory disclosure framework that requires companies over a revenue threshold that “do business in New York” to report their Scope 1, 2, and 3 greenhouse gas emissions. This bill was introduced in January 2025, and has not yet been approved as law. Short Name: CCDAA Region: United States Status: Mandatory Organizations Affected: Any company over $1B revenue doing business in New York. This is defined as: a business that is a partnership, corporation, limited liability company, or other entity formed under the laws of New York State, any other U. S. state, the District of Columbia, or under an act of Congress, and conducts business within New York State. Source Link: https://www. nysenate. gov/legislation/bills/2025/S3456 - Published: 2025-02-14 - Modified: 2025-05-12 - URL: https://carbon-suite.com/brazil-mandatory-climate-reporting/ Brazil Ministry of Finance and Comissão de Valores Mobiliários In October 2023, Brazil announced that the new International Sustainability Standards Board’s (ISSB) IFRS S1 and S2 Disclosures will be incorporated into the Brazilian regulatory framework. Mandates begin on 1 January 2026. Short Name: CVM Region: Brazil Status: Mandatory (in process) Organizations Affected: Publicly traded companies in Brazil Source Link - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/australia-mandatory-climate-reporting/ Australian Sustainability Reporting Standards (ASRS) This is a mandatory disclosure framework developed by the Government of Australia. It mandates disclosure of GHG emissions and climate related financial information for Australian companies. The reporting framework is based largely on IFRS S1 and S2 from the ISSB. The reporting requirements will be phased in based on size of company, starting in January 2025. Short Name: ASRS Region: Australia Status: Mandatory Organizations Affected: Large companies (over 500 employees, revenues over $500 million, or assets over $1 billion) – January 2025; Medium-sized companies (over 250 employees, revenues over $200 million, or assets over $500 million) – July 2026; Small companies (over 100 employees, revenues over $50 million, or assets over $15 million) – July 2027. Source Link - Published: 2025-02-14 - Modified: 2025-02-14 - URL: https://carbon-suite.com/new-zealand-mandatory-climate-reporting/ This is a mandatory disclosure framework developed by the Government of New Zealand. It requires disclosure of climate-related financial data, aligned with the framework of TCFD. This includes the following topics related to climate: governance, strategy, risk management, metrics and targets. This mandate is currently undergoing a phased implementation, and it affects altogether about 200 companies today. Region: New Zealand Status: Mandatory Organizations Affected: All registered banks, credit unions, as well as building societies with total assets of more than $1 billion. All managers of registered investment schemes (other than restricted schemes) with greater than $1 billion in total assets under management. All licensed insurers with greater than $1 billion in total assets or annual premium income greater than $250 million. Listed issuers of quoted equity securities with a combined market price exceeding $60 million. Listed issuers of quoted debt securities with a combined face value of quoted debt exceeding $60 million. Source Link - Published: 2025-02-14 - Modified: 2026-04-10 - URL: https://carbon-suite.com/japan-mandatory-climate-reporting/ Japan Financial Services Agency This is a mandatory disclosure framework for public companies listed in Japan. Japan’s Financial Services Agency (FSA) developed this framework based on guidance in the Task Force on Climate Related Financial Disclosures. Short Name: FSA Region: Japan Status: Mandatory Organizations Affected: Publicly traded companies in Japan. Source Link - Published: 2025-02-14 - Modified: 2025-02-14 - URL: https://carbon-suite.com/singapore-mandatory-climate-reporting-regulation/ Singapore Exchange (SGX) This is a mandatory disclosure framework developed for companies on the Singapore stock exchange (SGX). The SGX published a list of Core ESG Metrics to drive disclosures. This reporting framework is based on guidance in the Task Force on Climate Related Financial Disclosures and Global Reporting Initiative. Short Name: SGX Region: Singapore Status: Mandatory Organizations Affected: Publicly traded companies on the Singapore Exchange. Source Link - Published: 2025-02-14 - Modified: 2025-05-12 - URL: https://carbon-suite.com/china-mandatory-climate-regulations/ China Shenzhen, Shanghai, and Beijing Stock Exchanges In April 2024, China’s major stock exchanges—the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Beijing Stock Exchange (BSE)—issued guidelines on corporate sustainability reporting. These guidelines mandate that companies listed on the SSE 180 Index, STAR 50 Index, SZSE 100 Index, and ChiNext Index, as well as those dual-listed domestically and internationally, prepare and publicly disclose sustainability reports for the 2025 fiscal year by April 30, 2026. The disclosures encompass a broad range of environmental, social, and governance (ESG) topics, including Scope 1 and Scope 2 greenhouse gas emissions. Disclosure of Scope 3 emissions is encouraged but remains voluntary. The BSE has adopted a voluntary approach, encouraging its listed companies to disclose sustainability information. Short Name: SSE, SZSE, BSE Region: China Status: Mandatory Organizations Affected: Publicly traded companies listed on Chinese stock exchanges Source Link - Published: 2025-02-14 - Modified: 2025-02-14 - URL: https://carbon-suite.com/uk-climate-reporting-regulations/ UK Sustainability Disclosure Standards This is a mandatory disclosure framework developed by the UK Department for Business and Trade (DBT). It will likely propose sustainability disclosures in line with the new IFRS S1 and S2 Standards. Short Name: UK SDS Region: United Kingdom Status: Mandatory (in process) Organizations Affected: To Be Determined Source Link UK Carbon Border Adjustment Mechanism This is a mandatory disclosure framework developed by the United Kingdom government. Under UK CBAM, organizations must report direct and indirect emissions from the products they import into the UK. This mandate is under development, please consult the Source Link for more information. Short Name: UK CBAM Region: United Kingdom Status: Mandatory (in progress) Organizations Affected: UK companies that import any of the following materials from outside of the UK: Aluminium Cement Ceramics Fertiliser Glass Hydrogen Iron Steel Source Link - Published: 2025-02-14 - Modified: 2025-05-12 - URL: https://carbon-suite.com/eu-climate-reporting-regulations/ EU Corporate Sustainability Reporting Directive This is a mandatory disclosure framework developed by the European Union, aimed at enhancing corporate transparency as well as sustainability reporting within the European Union. Published under the European Sustainability Reporting Standards (ESRS), CSRD includes a wide range of environmental, social, and governance disclosures for EU-based companies. Short Name: CSRD Region: European Union Status: Mandatory Organizations Affected: Companies already subject to NFRD Publicly listed Employing more than 500 people Balance sheet over 25 million euro or net turnover more than 50 million euro Large EU Companies At least 2 of these conditions are met: Balance sheet over 25 million euro Net turnover above 50 million euro Employee count exceeding 250 Listed SMEs At least 2 of these conditions are met: More than 50 employees Balance sheet over 5 million euro Net turnover above 10 million euro Certain non-EU companies operating within the EU A company outside of the EU with a net turnover over 150 million euro in the EU for the last 2 financial years, and at least 2 of the following: Has at least one subsidiary in the EU considered a “large company” Has at least one subsidiary listed in an EU-regulated market Has a branch in the EU with a net turnover of 40 million euro + in the previous year EU Carbon Border Adjustment Mechanism: This is a mandatory disclosure framework developed by the European Union. Under EU CBAM, organizations must report direct and indirect emissions from the products they import into the EU. There is a “transitional period” until December 31, 2025, where organizations are able to use estimates to calculate product emissions. However, after this transitional period, organizations are required to report the actual emissions from products purchased because starting January 1, 2026, they will be required to purchase credits to offset the carbon balance associated with their imported products. Short Name: EU CBAM Region: European Union Status: Mandatory Organizations Affected: EU companies that import any of the following materials from outside of the EU: Cement Electricity Fertilizer Iron and Steel Aluminium Hydrogen Source Link Source Links CSRD Official Legal Text ESRS Implementation Guidance - Published: 2024-05-22 - Modified: 2026-08-06 - URL: https://carbon-suite.com/carbonsuite-release-notes/ V1. 15 Release NotesNew Features Optimizations to Emission Source UI Enhanced API Key Security via NetSuite API Secrets Support for non-OneWorld NetSuite instances Expanded list of unit types for Emission Conversion Unit in Item Record Bug Fixes None Emission Factors None   V1. 14 Release NotesNew Features Optimizations to Emission Factor Database UI Introduce Modifier functionality that takes into effect before emission calculation engine Support for NetSuite accounts with Expense Report feature disabled Ability to show total GHG emissions across all periods in CS Dashboard Bug Fixes Introduce pagination and search in non-Item dropdown menus for Emission Source (Create & Edit) to address 4000 entry limitation Emission Factors None   V1. 13 Release NotesNew Features Optimizations to Emission Factor Database UI Introduce Modifier functionality that takes into effect before emission calculation engine Support for NetSuite accounts with Expense Report feature disabled Ability to show total GHG emissions across all periods in CS Dashboard Bug Fixes Introduce pagination and search in non-Item dropdown menus for Emission Source (Create & Edit) to address 4000 entry limitation Emission Factors None   V1. 12 Release NotesNew Features Support for Multi-GHG Inventory in Suite App Ability to add/remove fields from the CS – Transaction record in the Emission Workbench results Optimizations to Emission Workbench Results UI Support for NetSuite accounts with Multi-Currency feature disabled Bug Fixes Introduce pagination and search in Item dropdown menus to address 4000 entry limitation Prevent inventory items from producing negative emissions when associated to an accrual account Emission Factors Correct waste-related emission factors from Australia DCCEEW database Correct source types in Japan MoE & METI database that were incorrectly translated to English Correct GHG unit and Activity unit that were incorrectly swapped in AIB and Green-E databases   V1. 11 Release NotesNew Features Added currencies: TWD Added new Posting Status = Excluded to prevent CS – Transaction from adding to total CO2e Added Posting Status to CS – Transaction UI Improved HTML rich text in Sustainability Disclosure Module Enhanced dropdown fields with pagination in Create Emission Source UI Introduce Parent/Child Emission Source relationships to enable multiple CS – Transactions to be created from a NetSuite Transaction line Introduce new Activity Type = Electric Vehicle – Distance Bug Fixes Prevent filters in Emission Factor Browser from collapsing when clicking on whitespace Increased text box size and character limit for Base Year Recalculation Threshold Emission Factors Fixed Taxi Travel for New Zealand MfE emission factor database   V1. 10 Release NotesNew Features Added currencies: KRW, KES, MUS, NGN, UGX, RWF, GHS, AOA, BWP, LSL, CDF Prevent Emission Workbench from being run with a closed or locked period Allow Emission Workbench to process transactions with locked vendor records Added CPI/PPI data for Guernsey Enable Navigation Panel to be collapsible Introduce Open New Tab functionality to CS -Transaction UI Enhanced filtering for Custom Emission Factors by Activity Type in Emission Source and CS – Transaction UIs Introduce Reset functionality to clear Custom Emission Factor fields in Emission Source and CS – Transaction UIs Functionality for negative values including handling debits and credits in Journal Entries Introduce Resubmit functionality in Emission Workbench to re-run the processing on a CS – Transaction Added new fields to capture various amounts and re-organized all the fields of the CS – Transaction record in the native NetSuite UI Bug Fixes Update Per Unit Purchased Activity Type to handle NetSuite instances without Multiple Units of Measure feature enabled Fixed Emission Category text wrapping UI issue in CarbonSuite Dashboard Fixed issue with passing Null value in state/province during Emission Workbench processing Ensure headings in Emission Source screen are consistently bolded when switching between Redwood vs Classic NetSuite UI Prevent creating a CS – Transaction to a closed period from Emission Source UI Emission Factors Updated EU EA Grid Electricity Emission Factors for 1990-2024 Updated source link for Australia DCCEEW emission factors Fixed fuel type name for Liquefied petroleum gas in UK DEFRA   V1. 9 Release NotesNew Features Renamed key records and tabs: GHG Transaction → CS – Transaction, GHG Period → CS – Period, Carbon Accounting → CarbonSuite Added global unit configuration fields (Energy, Waste, Water, Global GHG Unit) Introduced structured subtabs on CS – Transaction: Greenhouse Gases, Energy, Waste, Water (Pollution framework prepared) Added CO2e (t CO2e) column to Workbench Posted results Implemented browser-based bulk Resubmit/Delete with progressive processing Introduced CS – Modifier record (custom multipliers, defaults to 1, applied across engines). This allows multiplications and custom logic applied on top of the regular emissions calculations for more flexibility Enhanced UIs to perform Unit filtering based on New table of Activity Type ↔ Unit Category relationship Enhanced Emission Source UI was enhanced with new field grouping, responsive layout, and dynamic headings AI scan has been enable with line level PDF scans Bug Fixes Fixed Source Type validation for Mobile Fuel Use Resolved Workbench pagination issues when voiding transactions Improved script error handling and reduced excessive email notifications Added AI Scanner afterSubmit safeguards Fixed AI Scan Activity Amount population issue Corrected Activity Type validation for Standard & Custom EF scenarios Improvements Updated Year of Manufacture validation logic (mandatory only for Distance + US EPA, dynamic field display) Removed unnecessary required fields on custom emission factors Disabled scroll behavior on numeric input fields for passenger and shipping weight Added Inventory Adjustment View permissions to CarbonSuite Controller role Renamed “Publish GHG Report” to “GHG Protocol Report” Improved Workbench results refresh logic across tabs Added missing refrigerants (R448A, R452A) Improve error messages when calling our calculation API V1. 8 Release NotesNew Features Added Emission Country determination logic with enhanced logging to trace how Activity Country is determined automatically Updated country field labels for clarity: Emission Source: Activity Country (Default) (non-mandatory except for Purchased Energy) Emission Transactions: Activity Country Emission Workbench now supports mass “Resubmit” under the For Review tab to recalculate transactions via API (update action) Added a new Survey ID details page (clickable Survey IDs) to track survey sends and recipient progress, including resend and follow-up actions Added the ability to name Emission Source Recommendation runs for easier tracking in CarbonSuite Cloud Added centralized unit conversion mapping in Org Setup to better support “Per Unit Purchased” and reduce reliance on item-level conversions Introduced workbench architecture improvements by decoupling core Map/Reduce logic into reusable functions (enabling future Suitelet) AI Scan enhancements: Ability to read files from custom locations / external links (not only File Cabinet attachments) Improved SuiteApp install/setup flow by optimizing carbonsuite. cloud parameter setup (reducing manual setup dependency) Bug Fixes Fixed Run Job button validation so it properly disables when required fields (e. g. , Subsidiary) are cleared Improved Job Status usability: Added Job Duration column on Identify Emission Sources Fixed pagination / jobs-per-page display mismatch Fixed Workbench filtering issues: Clicking the “X” on long text filters now correctly removes the filter “For Review” tab filtering now applies correctly to the results list Expense Reports: improved emission source matching to prevent false “multiple emission sources found” scenarios Removed mouse-wheel scrolling behavior on Amount fields in legacy GHG Transaction entry to prevent accidental value changes AI Scan stability fixes: Addressed timeout errors (SSS_REQUEST_TIME_EXCEEDED) Improved handling of repeated line items so multi-line bills reliably create the expected number of GHG transactions Improved validation for malformed / “junk data” PDFs that previously caused HTTP 500 errors Removed misleading “PIN validated successfully” message when submit/preview has validation errors Emission Factors Updated AusLCI to v1. 45 with more detailed product volume categorizations Added IELabs Australia (EEIO) detailed categorizations for spend-based approach Updated UK DEFRA 2024 (v1. 1) to reflect published corrections (including diesel rounding corrections) Added Australia DCCEEW 2023 factors (including new source types such as Renewable Diesel) Reviewed and updated Canada ECCC 2025 dataset based on the latest published updates (includes estimates for 2026) Added new units: ha (Hectare) hr (Hours) Added new unit conversions: square feet ↔ hectare square meter ↔ hectare V1. 7 Release NotesNew Features Added country-specific Inflation Adjustment support for Financial Value activity types Introduced upgraded “Per Unit Purchased” activity type for emissions calculations that considers base unit conversion Added CPI/PPI/WPI macroeconomic indicator tables for inflation lookup by country Implemented monthly currency exchange rates with semi-annual historical sync Added GHG period flag to allow or disallow inflation adjustment per reporting period Included new units for renewable energy modelling: Watt-Peak (Wp) and Kilowatt DC (kWdc) Bug Fixes Fixed left sidebar menu text wrapping issue at 100% zoom Wrapped text properly on Review Sustainability Disclosure page Resolved UI placement issue for Custom Attribute #3 field Addressed error rendering UI components on Run Job screen Disabled default email settings when no configuration exists to prevent send failures Emission Factors Updated Canada ECCC federal emission factors for 2023, 2024, and 2025 Expanded natural gas and diesel records with correct source type mapping Converted m³ values to liters and aligned fuel categories V1. 6 Release NotesNew Features Added Notes field onto Emission Source Record Added Notes field on Custom Emission Factor record Included ability to maintain International under the country field Added Unit Conversion from KiloWatt Hour to GigaJoules Added functionality for Custom Attribute Fields for Reporting on GHG Transaction Record AI-driven Emission Source Recommendation Assistant in carbonsuite. cloud (BETA) Checks added to Emission Workbench Engine Bug Fixes Fixed date range field UI issue in Emission Workbench for legacy NetSuite UI Enhanced to display error prompt in Emission Workbench when reprocessing GHG transaction associated with an inactive object Removed AI Enhance feature in Identify Emission Source Correct incorrect totals for Journal Entry related emissions in Emission Workbench Results UI Prevent Filter Options from auto-collapsing after pressing a button in Emission Factor Browser Emission Factors Added Australia DCCEEW Emission Factors for Stationary Energy Use V1. 5 Release NotesNew Features Human verification functionality for new user creation in carbonsuite. cloud Added ability to specify SMTP server parameters when sending emails from carbonsuite. cloud Journal Entries added to Emission Workbench Engine (BETA) Added new calculation engine for Scope 1: Stationary Energy Use Included AUD currency conversions to various other currencies for 2023 and 2024 New CSV Saved Import for Custom Emission Factors Allow Attachments to CarbonSuite Custom Records Ability to allow NetSuite custom roles to have access to carbonsuite. cloud Sustainability Disclosure Module V3 rollout Emission Factor Browser V2 rollout Bug Fixes Correct currency codes for Argentina and Albania Address issue with horizontal scrolling overlapping with fixed sidebar in SuiteApp Updates to convert HTML entities > and < to > and < symbols in Emission fields Optimizations and UI fixes to Value Chain Survey Module Address auto collapsing of Filter Options in Emission Factor Brower when pressing a button Emission Factors US EPA – 2023 Corrections for Business Travel, Upstream/Downstream Transportation Added Emission Factor Database Japan MoE & METI v3-5 for activity types: Purchase Goods & Services, Mobile Combustion, Upstream Transportation and Distribution, Downstream Transportation and Distribution, Business Travel UK DEFRA Emission Factor corrections Align naming convention on Source Types and Fuel Types Add emission factors related to “Mineral Oil” source type for 2023 Add Fuel Type for “Managed Motorbike” source type Added Liquefied Petroleum Gas Emission Factors for 2024 V1. 4 Release Notes New Features New feature: AI Scan integration with Emissions Workbench Add AI Scan fields to Emission Source object New Capability – Emissions Workbench mass exclusion function Enhance GHG Transaction Summary view to display tons CO2e Enhance pagination functionality throughout SuiteApp Enhanced filter usability in Emission Workbench UI Value Chain Portal module rollout in carbonsuite. cloud Sustainability Disclosure module rollout in carbonsuite. cloud Add new custom fields to transaction line to capture Emissions Amount and Emissions Unit Enhancements to Identify Emission Source to incorporate scoring logic Add currency conversion for ZAR to EUR Update CS – Workbench MR Logs Custom Record to allow schedule saved search on job executions Bug Fixes Updates to convert HTML entities > and < to > and < symbols in fields Fixes to UI issues when inactivating Emission Source Fix blinking UI Date Component in Emission Workbench Fix [“Script Execution Usage Limit Exceeded”,”com. netsuite. suitescript. scriptobject. in Identify Emissions Source feature Address error message when deleting AI scan record Correct emission calculations logic for Distance and Passenger activity types using km Address 403 Invalid Signature error when verifying user email in carbonsuite. cloud Emission Factors Add missing US EPA 2022 Emission Factors Fix typos in Victoria GHG Report source types Correct Residual Fuel Oil inconsistency issues for US EPA V1. 3 Release Notes New Features New feature: “Identify Emission Sources” to generate list of emission sources that need to be created Updates to CS – Corporate Emissions workbook New CS – Sustainability report workbook Updates to “Emission Source Mapping” Saved Search New error message “Inactive Records Found” added to Emission Workbench Enhancements to Reduction Strategy navigation on Dashboard and Menu Added “Excluded” status to GHG Transactions to prevent from showing in Emission Workbench Added Publish Search > Edit for CS roles Added Kiloliter unit Bug Fixes Addressed Emission Workbench issue when item memo exceeds 300 characters Fixed date format issue from AI Scan that affected Emission Workbench Emission Factors Added Netherlands Exiobase Emission Factors V1. 2 Release Notes New Features Added the ability to document audit trail for emission factors selected to be posted to NetSuite. Added new status for Failed jobs on Job Status Page Added a new Error Code: “Error: Too Many Attempts” Added the ability to implement the ability to expand/collapse the GHG Year on the GHG Periods page Updated custom record types to allow for inline editing Country field as an available filter on the Emission Factor Browser Showed the “Allow on NetSuite Transaction” field on the Emission Source UI Enhancements to the CS – Period Close – Posting Error Saved Search Updated CS – Unit and CS – Fuel Type list view Add Transactions -> Fulfill Sales Orders’ and Item Receipts view permission to view sales order fulfillments for CS roles Update Custom Emission Source Mapping search permissions Enhance Emission Source field search functionality Added the ability to filter the Dashboards by GHG Year Updated the Emission Workbench M/R to allow Emission Category = “Fugitive Emissions” Enhanced the CS – Emission Source Mapping Saved Search Added CarbonSuite role permissions for Transfer Orders, Item Receipts Bug Fixes Fixed the pagination buttons at the top of the workbench on Credit Card Transactions Resolved issues where GHG Transactions with Activity Amount NULL are incorrectly saving with Status “Approved” and showing under the success tab Updated Filter Options on Emission Workbench – Remove “List is Empty” Message Resolved an issue showing Base Year Emissions in Publish GHG Report Addressed an issue where the Emission Workbench M/R Fails on first stage with large amount of transaction lines Fixed the Date Format on View Source Sublist Error Message added on the Job Status Page when GHG Periods are not set up Addressed issue where “Error Message” and “Error Code” filters do not show as a filter in use on the Emission Workbench Updated GHG Transaction custom record to default the Custom Emission Factor field on the backend GHG Transaction record from the Emission Source Fixed an error where the GHG Period needed to be a year integer Emission Factors Added Australia Exiobase Emission Factors Added Ireland Exiobase Emission Factors Added UK DEFRA Spend Based Emission Factors V1. 1 Release NotesNew Features Optimized error handling process on the Emission Workbench feature Updated UI navigation on Emission Sources Updated data filters on the Emission Factor Browser on carbonsuite. cloud Enhanced the Emission Source Mapping saved search Added saved CSV Import Links the Knowledge Base on the Carbon Accounting Dashboard were updated to reflect new soruces The Emission Sources page was optimized to include pagination that will allow the page to show more records more quickly The Emission Workbench automation was updated to include joins from the GHG Transaction to the NetSuite Transaction Line, as opposed to the NetSuite Transaction Header Enhancements were made to the Emission Source page to make Emission Sources more easily searchable An option to “Select All Subsidiaries” has been added to the Emission Workbench Job Status page A new field has been added to the CS – Fuel Type, CS – Unit, and CS – Emission Source record that allows users to filter which records should be allowed to show on NetSuite transactions The Emission Workbench automation has been updated to consider NetSuite Transactions with inactive records The GHG Period close saved searches have been consolidated into one saved search The Emission Workbench automation has been updated to allow for processing transactions on higher concurrencies, up to concurrency 5 Bug Fixes Issue with converting from USD to NZD has been fixed Fix pushed to search for the Unit of Measure feature in client account before executing the Emission Workbench The numbers in the Failed and Success tabs on the Emission Workbench now show integer numbers instead of decimal numbers The Vendor name now appears in the search in cases where Vendor IDs are used Missing fields on the View Source page are now showing When new GHG Transactions are saved and still Error, the highlight color is no longer a shade of green When create a new Organization in carbonsuite. cloud, a new success message now shows The CS – GHG Tran M/R Log custom record has been renamed to avoid confusion The CS – Carbon Controller and CS – CarbonSuite Implementation Consultant roles Emission Factors Emission factors from the following databases have been added: Exiobase, Brazil MCTi, EU EEA, New Zealand MfE Emission factors for the following countries are now supported by CarbonSuite: Romania, Brazil, Spain, Germany, Bulgaria, China, India, Japan, France, Portugal, Switzerland, Türkiye, South Korea Emission factors from the following databases have been added: Exiobase, Market Economics Limited Missing Source Types were added to a subset of UK DEFRA emission factors Have a Feature Request? Send us a message! We’re constantly updating CarbonSuite to better serve our customers. CONTACT US - Published: 2024-01-17 - Modified: 2025-11-12 - URL: https://carbon-suite.com/supplier-sustainability-code-conduct/ Adidas | Responsible Sourcing PolicyRequirements All energy and water consumption, and waste generation, must be monitored and reported on a monthly basis. Adidas then uses these metrics to calculate the carbon footprint of each supplier. Adidas lists out ways in which companies cab monitor and reduce their carbon footprint through in terms of energy, waste, and water management in their Environmental Guidelines. Methodology Suppliers must report monthly to Adidas. Routine audits are performed by Adidas and non-compliance can result in a series of measures leading to termination of contracts. More information on Amazon’s Supply Chain Standards can be found here. Amazon | Supply Chain Standards Requirements Suppliers should track, document and, upon request, report greenhouse gas emissions to Amazon. Suppliers are encouraged to establish a greenhouse gas reduction goal and publicly report against their progress. Suppliers are encouraged to add pollution control equipment and/or modify production, maintenance, and facility processes to help minimize or eliminate air and greenhouse gas emissions, the discharge of pollutants, and generation of waste. Suppliers should reduce fossil fuel consumption, and consumption of other natural resources, including water and minerals, and avoid deforestation. Suppliers are encouraged to implement practices such as modifying production, maintenance and facility processes, materials substitution, re-use, conservation, or recycling. Suppliers are required to identify, routinely monitor, control, and treat air emissions of volatile organic chemicals, aerosols, corrosives, partic- ulates, ozone depleting substances, and combustion by-products generated from operations as required by law prior to discharge. Ozone depleting substances should be effectively managed in in accordance with applicable protocols. Methodology Suppliers must report GHG emissions to Amazon upon request. Their policy does not state what method of reporting is required. More information on Amazon’s Supply Chain Standards can be found here. Apple | Supplier Responsibility Standards Requirements 100% of Apple suppliers are expected to be carbon neutral for their Apple production by 2030. This includes the requirement that all suppliers must commit to using renewable energy for Apple production. Apple maintains Supplier Responsibility Standards that include reporting and management on the following: Hazardous Waste Management Wastewater Management Stormwater Management Air Emissions Management Boundary Noise Management Methodology Apple works with 3rd party audit programs to complete audits for their suppliers and ensure they are complying with all sustainability standards. Suppliers must complete annual reports on the policies listed in their Supplier Responsibility Standards and have them readily available upon request. Find more information on Apple’s supply chain sustainability commitments here. Disney | Supply Chain Code of Conduct Requirements Suppliers should protect the environment and the conservation of natural resources, including seeking out sustainable materials and manufacturing methods to conserve natural resources and reduce waste. This includes measuring, managing, and disclosing environmental impacts, including public reporting on annual environmental performance in areas such as greenhouse gas emissions, water use, and waste generation and management. Suppliers are encouraged to set targets and implement action plans for reducing environmental impacts. Within its Supply Chain Code of Conduct, Disney also policies around Human & Labor Rights, Animal Welfare, Supply Chain Management, Ethics & Responsible Business, and Quality & Safety. Methodology Disney itself discloses Sustainability and ESG metrics under SASB, GRI, UN SDGs, CDP, and TCFD. It is not clear from Disney’s website the methodology that its suppliers should report under. More information here Estée Lauder | Supplier Code of Conduct Requirements The Supplier Code, which is based on internationally recognized standards, including the Universal Declaration of Human Rights and International Labor Organization’s Conventions, consists of the following Core Principles: ENGAGE IN LAWFUL AND ETHICAL BUSINESS PRACTICES PROMOTE A RESPECTFUL, FAIR AND DIVERSE WORKPLACE PROVIDE A SAFE, HEALTHY WORKPLACE AND PROTECT THE ENVIRONMENT AND COMMUNITY ELC Suppliers must meet all requirements of applicable environmental laws and regulations related to their products’ development, manufacturing, and distribution. ELC Suppliers must strive to continually improve their environmental footprint including the promotion of sustainability initiatives such as energy and water conservation, pollution prevention, waste minimization, reuse, and recycling practices. Methodology Estée Lauder completes regular audits of supplier facilities to ensure compliance with sustainability requirements. Read more about Estée Lauder’s Supplier Code of Conduct here. Google | Supplier Code of Conduct Requirements Throughout their operations, suppliers will work to reduce consumption of resources, including raw materials, energy, and water. Suppliers will track, document, and seek to minimize energy consumption and greenhouse gas emissions, and seek ways to improve energy efficiency and use cleaner sources of energy. Suppliers will maintain a policy reasonably assuring that any tantalum, tin, tungsten, and gold in products they manufacture does not directly or indirectly benefit armed groups that commit human rights abuses in or near the Democratic Republic of the Congo. Suppliers will exercise, and will make available to us upon request, due diligence on the source and chain of custody of these minerals. Suppliers will identify and manage chemicals and other materials that pose a hazard to the environment, to ensure their safe handling, use, storage, and disposal. Suppliers will identify, monitor, control, treat, and reduce hazardous air emissions, wastewater, and waste generated from its operations. Suppliers will adhere to our requirements restricting use of specific substances, including labeling for recycling or disposal. Suppliers will work to reduce or eliminate waste of all types. Where waste cannot be eliminated, suppliers will manage and control all waste streams to comply with applicable laws and regulations, and in an environmentally responsible and secure way; this includes, but is not limited to, preventing illegal discharges and spills from entering storm drains, and treating as required prior to discharge or disposal of all wastewater and solid waste from operations, industrial processes, and sanitation facilities. Methodology Suppliers are expected to establish their own management system to carry out the requirements listed above. Their website does not specifically state where suppliers can report on these requirements. More information can be found here. Levi’s | Supplier Code of Conduct Requirements Suppliers must have in place energy management policies and programs to reduce energy intensity and emission production. Suppliers shall manage and disclose greenhouse gas emissions and carbon footprint to Levi’s and Co. Suppliers shall have in place water management policies and programs to measure and reduce freshwater consumption. Levi’s actively pursues suppliers that have in place processes that contribute to circular design, capture value from product inputs, and divert products from becoming waste at end of life. Methodology Levi’s themselves report to the CDP, but do not clearly state the reporting requirements for suppliers. More information on Levi’s Supplier Code of Conduct can be found here. L’Oreal | Supplier Code of Conduct Requirements Companies must put in place systems to avoid accidental or gradual pollution of the air, soil, surface and underground water in the production and storage processes, including wastewater, as well as pollution during the transport of hazardous materials. Ensure employees are aware of how to behave in case of an environmental incident. L’Oreal is a member of the Supply Chain Program of the Carbon Disclosure Project to encourage our suppliers to measure and manage their CO2 emissions. L’Oreal’s sustainable supply policy includes Guaranteeing the traceability of all raw materials of renewable origin Monitoring the environmental and social issues involved in each supply sector Respect for crops and plant harvesting, which should make positive contributions to the economic development of producers and should be carried out with respect for traditional know-how based on biodiversity The preservation of biodiversity and forests The application of sustainable, low-carbon agricultural practices Methodology To guarantee suppliers are following sustainability policy requirements, L’Oreal carries out audits conducted by independent third parties. More information can be found here. Lowes | Vendor Code of Conduct Requirements Lowe’s is requiring that suppliers comply with their sustainability goals across a variety of industries. By 2025, all wood products must be sustainably sourced. By 2030, all private brand packaging must be recyclable, reusable or compostable. By 2025, 100% of private brand packaging both in-store and online must include the How2Recycle label, where space allows. Lowe’s Supplier Code of Conduct also requires that suppliers manage water, waste, and energy efficiently across their processes. Vendors shall implement a thorough water management process that identifies and monitors water sources, uses, and conservation opportunities. Vendors shall also monitor and control wastewater and discharge. Vendors shall implement a thorough waste management process that identifies, monitors, and reduces sources of solid waste while prioritizing recycling where possible. Vendors shall monitor energy consumption and should look to maximize energy efficiency while reducing consumption and greenhouse gas emissions wherever possible. Methodology Lowe’s conducts routine audits to ensure compliance with its Vendor Code of Conduct. Documentation of compliance must be provided a request. More information on Lowe’s supplier sustainability plans can be found here, and its Vendor Code of Conduct can be found here. Target | Business Partner Code of Conduct Requirements Target themselves have committed to only purchasing only sustainable and certified sources of cotton, forest products, palm oil, and seafood. They have set separate requirements for non-target owned brands. Suppliers must have an environmental management system that identifies, characterizes, and inventories all operational and production impacts to air emission, energy, water, and wastewater. Impacts must be measured and tracked. Suppliers are expected to set clear goals to improve energy and water efficiency and document progress made toward achieving those goals. Methodology Target themselves are reporting to the Climate Disclosure Project (CDP), but their policy does not specifically state where suppliers are required to report. More information can be found here. The Home Depot | Responsible Sourcing Standards Requirement The Home Depot purchases products made in factories that adhere to their Responsible Sourcing Standards, which mandate that suppliers and factories abide by all applicable international and local laws, rules and regulations in the manufacturing and distribution of merchandise or services provided to The Home Depot. The Home Depot has its own Wood Purchasing Policy which requires that wood suppliers work with them to decrease deforestation and provide more sustainable sourced wood. Methodology Suppliers must keep on-site documentation that demonstrates compliance with our standards. They also must allow The Home Depot associates and/or representatives full access to production facilities, worker records, production records and workers for confidential interviews in connection with monitoring visits. More information can be found here. Macy’s | Vendor Code of Conduct Requirements Suppliers shall develop and maintain environmentally responsible business practices and are responsible for compliance with environmental laws, including operating with relevant environmental permits and licenses, in the country of operation. Macy’s has outlined “Sustainable Product Pillars” that describe the requirements for their sustainability program. These include sustainably sourced materials, materials that are redesigned, refurbished, or reused, and chemical free practices. Methodology Macy’s does not state specific reporting requirements. More information can be found here. McDonald’s | Responsible Sourcing Policy Requirements McDonald’s has set plans to improve the sustainable sourcing across all industries they are involved in. By 2030, suppliers of beef, soy, palm oil, and coffee, must be deforestation-free in line with their Eliminate Deforestation Goal. McDonald’s has put in place measures to increase the responsible use of antibiotic within the animal farming and continues to work wit suppliers to do so. Methodology McDonald’s conducts routine audits on suppliers in order to confirm that policies are being adhered to. More information on MdDonalds’s Responsible Sourcing and Supplier Code of Conduct can be found here. Microsoft | Supplier Corporate Social Responsibility Commitments Requirements Disclose complete, consistent, and accurate scope 1, 2, and 3 greenhouse gas (GHG) emissions data and/or components required to calculate GHG emissions data. Suppliers may also be required to provide independent third-party assurance over such disclosed emissions data. Provide and achieve plans to reduce Microsoft delivered goods and services absolute GHG emissions by a minimum of 55% by 2030 or an alternative reduction target pursuant to the baseline established in their Supplier contract or in other written communication with Microsoft. Transition to 100% carbon-free electricity for their Microsoft delivered goods and services by 2030, as part of the above plan. For further information and guidance on carbon-free electricity criteria, please visit the Environmental Protection FAQs. We recognize the challenges some suppliers may face in disclosing and reducing GHG emissions and we’re committed to working with suppliers. Additional details, including specific requirements for data disclosure, method, assurance, alternative timelines and/or targets, and achievement of planned reductions will be set forth in the Supplier’s contract or in other written communication sent by Microsoft to Supplier. Methodology Microsoft has a Supplier Portal called Microsoft SupplierWeb where companies can report their data. More information here Mastercard | Sustainability Policy Requirements Comply with all applicable environmental and climate laws and regulations, including but not limited to laws and regulations that regulate hazardous materials, air, water emissions, waste, and climate management. Support Mastercard with their sustainability initiatives. For example, setting, tracking and measuring Science Based Targets for short-term ranging from five (5) to ten (10) years and long-term targets of more than ten (10) years. Set, document, and share Science Based Targets with Mastercard. Disclose accurate Scope 1, 2 and 3 GHG emissions data and/or components required to calculate GHG emissions data, via CDP or alternative(s) in a manner satisfactory to Mastercard. Failure to respond or disclose will result in a negative performance score leading to a potential reduction in future business. Mastercard may request data such as baseline statistics, improvement plans, goals, remediation plans and associated timeframes with progress status. Mastercard can audit their suppliers’ performance on environmental metrics, and poor performance can lower the supplier’s score and potentially reduce opportunities for future business. Methodology Mastercard may include sustainability requirements in their supplier contracts and agreements. Please review the details of your contract with Mastercard to confirm for your organization. Find more information here. Nike | Supplier Code of Conduct Requirements The supplier follows all legal requirements and Nike-accepted industry standards for air emissions and energy systems management. Routine monitoring and reporting are required for: greenhouse gases, volatile organic compounds, hazardous air pollutants, particulates, ammonia, ozone depleting chemicals and combustion by-products. The supplier minimizes freshwater withdrawals and discharges wastewater in compliance with local law and regulations and the CLS. The supplier strives to understand and manage its water risk and promotes water reduction and efficiency in operations. The supplier properly segregates, manages, transports, and disposes of all solid and hazardous waste in compliance with local law and regulations and the CLS. The supplier obtains all required permits and verifies solid and hazardous waste subcontractors are properly qualified and licensed. The supplier measures and continuously strives to minimize waste generation. Methodology Reports must be submit to Nike to prove compliance with Supplier Code of Conduct. Their website does not state what reporting methods are required. Find more on Nike’s Supplier Code of Conduct here. Uber | Road to Zero Emissions Requirements Merchants must transition to reusable, recyclable, or compostable packaging options globally by 2030. Drivers are encouraged and incentivized to transition to Electric Vehicles. The Green Future program is providing access to resources valued at $800 million to help hundreds of thousands of drivers transition to battery EVs by 2025 in Canada, Europe, and the US. Methodology Uber plans to reach zero emissions by 2040 by working with merchants, drivers, and couriers. Find more information on Uber’s Road to Zero Emissions here. Unilever | Responsible Sourcing Policy Requirements Unilever has developed both a Responsible Partner Policy and Sustainable Agriculture Principles in order to hold suppliers accountable and provide sustainably sourced products. This includes products such as palm oil, paper and board, and soy. Sustainability practices are embedded across the supplier’s operations and activities which aim to achieve the following Reduce the generation of waste and achieve zerolandfill Reduce greenhouse gas emissions and achieve carbon neutral solutions Reduce the consumption of water Protect and enhance nature and biodiversity Halt deforestation Methodology A systematic review of the supplier’s sustainability practices and environmental management systems is undertaken regularly with support from experienced conservationists and with the involvement of local communities to determine whether appropriate policies and procedures are in place and are functioning to achieve the aims outlined in this topic. Find more information on Unilever’s Responsible Partner Policy here. Verizon | Supplier Code of Conduct Requirements Suppliers must strive to reduce, eliminate or prevent waste of all types by conserving materials and modifying their production or maintenance or facility processes. Suppliers must also work to reduce the volume and toxicity of products throughout the life cycle. Suppliers must work with their own subcontractors and suppliers to assess and address environmental and sustainability issues within their supply chains. Suppliers are expected to implement an environmental management system and focus on monitoring and continually improving their performance. Well-designed “key performance indicators” and meaningful short- and long-term improvement targets are essential. Methodology Suppliers must track and report to Verizon’s Environmental, Health and Safety team all waste materials managed on behalf of Verizon. Find more information on Verizon’s Supplier Code of Conduct here. Walmart | Product Supply Chain Sustainability Requirements Suppliers must participate in this initiative to collectively reduce 1 gigaton (1 billion metric tons) of greenhouse gases by 2030. This involves taking actions in key areas like energy efficiency, transportation, waste reduction, and product design to cut carbon emissions. Suppliers are expected to source materials in an environmentally responsible way. This includes using renewable resources, minimizing deforestation, and promoting responsible agricultural practices. For example, sourcing commodities like palm oil, beef, soy, and timber should follow recognized sustainable certification standards to prevent environmental harm. Suppliers are encouraged to optimize energy use, minimize water consumption, and reduce waste across their operations. This involves transitioning to renewable energy sources, implementing water conservation practices, and reducing packaging waste, among other efficiency measures. Regular sustainability reports must be submitted, adhering to frameworks like GRI or CDP, and may involve audits. Suppliers need to demonstrate ongoing compliance with these standards. Methodology Walmart provides suppliers with access to dedicated online platforms or portals where they can submit their sustainability data. Suppliers are required to align their reports with recognized sustainability frameworks such as the Global Reporting Initiative (GRI), Carbon Disclosure Project (CDP), or the Sustainability Accounting Standards Board (SASB). Find more information on Walmart’s Product Supply Chain Responsibility here. See a company missing from the list? Contact UsAround the world, many companies are publishing corporate sustainability policies for their suppliers. Often times, these sustainability policies show up in a company's "Supplier Code of Conduct. " If you do business with one of these companies, you might have found that there are specific sustainability-related requirements in the supplier contract, RFP, or other documents. We have been tracking requirements from many companies that publish their requirements publicly in this tracker above. If you see a company that you would like added to the list, contact us and we will get them added! - Published: 2024-01-17 - Modified: 2026-04-14 - URL: https://carbon-suite.com/sustainability-disclosure-tracker/ Australian Sustainability Reporting Standards This is a mandatory disclosure framework developed by the Government of Australia. It mandates disclosure of GHG emissions and climate related financial information for Australian companies. The reporting framework is based largely on IFRS S1 and S2 from the ISSB. The reporting requirements will be phased in based on size of company, starting in January 2025. The framework includes AASB S1 and AASB S2, which mirror the ISSB’s IFRS S1 and IFRS S2 standards. AASB S1 sets out general requirements for disclosure of sustainability-related risks and opportunities and is voluntary, while AASB S2 focuses specifically on climate-related disclosures and forms the basis of Australia’s mandatory climate reporting regime Short Name: ASRS Region: Australia Status: Mandatory Organizations Affected: Large companies (over 500 employees, revenues over $500 million, or assets over $1 billion) – January 2025; Medium-sized companies (over 250 employees, revenues over $200 million, or assets over $500 million) – July 2026; Small companies (over 100 employees, revenues over $50 million, or assets over 5 million) – July 2027. Source Link Brazil Ministry of Finance and Comissão de Valores MobiliáriosIn October 2023, Brazil announced that the new International Sustainability Standards Board’s (ISSB) IFRS S1 and S2 Disclosures will be incorporated into the Brazilian regulatory framework. Mandates begin on 1 January 2026. Short Name: CVM Region: Brazil Status: Mandatory (in process) Organizations Affected: Publicly traded companies in Brazil Source Link California SB-253 Climate Corporate Data Accountability ActThis is a mandatory disclosure framework that requires companies over a revenue threshold that “do business in California” to report their Scope 1, 2, and 3 greenhouse gas emissions. See our Blog Post for more details. Short Name: CCDAA Region: United States Status: Mandatory Organizations Affected: Any company over $1B revenue doing business in California. Source Link California SB-261 Greenhouse Gases: Climate-Related Financial RiskThis is a mandatory disclosure framework that requires companies over a revenue threshold that “do business in California” to report climate-related financial risk. See our Blog Post for more details. Short Name: CRFRA Region: United States Status: Mandatory Organizations Affected: Any company over $500M revenue doing business in California. Source Link   Canada’s Office of the Superintendent of Financial Institutions (OSFI) Guideline B-15This is a mandatory climate risk management framework introduced by Canada’s Office of the Superintendent of Financial Institutions (OSFI), requiring all federally regulated financial institutions (FRFIs) to integrate climate-related physical and transition risks into governance, risk management, scenario analysis, and financial disclosures. Phased implementation starts in 2024–25, with alignment to ISSB/TCFD and CSSB standards. Short Name: Guideline B‑15 Region: Canada Status: Mandatory Organizations Affected: All Federally Regulated Financial Institutions (FRFIs), including banks, insurers, and trust companies (excluding foreign bank branches). Source Link Key Requirements: Establish governance accountability, embed climate considerations in business strategy, and develop a formal Climate Transition Plan. Integrate climate risks into Risk Appetite, ERM, internal controls, and risk identification processes using reliable data and scenario tools. Conduct internal climate scenario analysis and participate in OSFI’s Standardized Climate Scenario Exercise. Incorporate climate-related risks into ICAAP/ORSA and maintain capital and liquidity buffers for plausible climate events. Publish annual climate-related financial disclosures (governance, strategy, risk management, metrics and targets) aligned with ISSB S2/TCFD, within 180 days of fiscal year-end. Disclose Scope 1 and 2 emissions from FY-end 2024–25; Scope 3 emissions from 2028 (on-balance sheet) and 2029 (assets under management/off-balance sheet). China Shenzhen, Shanghai, and Beijing Stock ExchangesThese mandatory standards were released in February 2024. Mandatory disclosures under these standards include a wide range of ESG material, including Scope 3 emissions. The Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) published mandatory reporting requirements, while the Beijing Stock Exchange (BSE) is starting with voluntary reporting requirements. Reporting will begin in 2026 on 2025 data. Short Name: SSE, SZSE, BSE Region: China Status: Mandatory Organizations Affected: Publicly traded companies listed on Chinese stock exchanges Source Link China’s Corporate Sustainable Disclosure Standard No. 1 – Climate (Trial)China’s Ministry of Finance and key regulators released a national Corporate Sustainable Disclosure Standard No. 1 – Climate (Trial) in late December 2025. Aligned with global frameworks like IFRS S2 but adapted for China, it sets out a structured approach for companies to disclose climate-related governance, strategy, risk and opportunity management, emissions (Scopes 1, 2, 3) and climate impacts, including value-chain effects. The standard is currently issued as a trial and voluntary framework, with authorities planning a phased expansion to a broader set of companies and eventual mandatory implementation over time. Short Name: China Climate Disclosure Standard (Trial) Region: China Status: Voluntary (Trial) with plans toward Mandatory rollout Organizations Affected: Companies operating in China (pilot focus likely on larger and listed entities) Source Link EU Carbon Border Adjustment MechanismThis is a mandatory disclosure framework developed by the European Union. Under EU CBAM, organizations must report direct and indirect emissions from the products they import into the EU. There is a “transitional period” until December 31, 2025, where organizations are able to use estimates to calculate product emissions. However, after this transitional period, organizations are required to report the actual emissions from products purchased because starting January 1, 2026, they will be required to purchase credits to offset the carbon balance associated with their imported products. Short Name: EU CBAM Region: European Union Status: Mandatory Organizations Affected: EU companies that import any of the following materials from outside of the EU: Cement Electricity Fertilizer Iron and Steel Aluminium Hydrogen Source Link     EU Corporate Sustainability Reporting DirectiveThis is a mandatory disclosure framework developed by the European Union, aimed at enhancing corporate transparency as well as sustainability reporting within the European Union. Published under the European Sustainability Reporting Standards (ESRS), CSRD includes a wide range of environmental, social, and governance disclosures for EU-based companies. Short Name: CSRD Region: European Union Status: Mandatory Organizations Affected: Companies already subject to NFRD Publicly listed Employing more than 500 people Balance sheet over 25 million euro or net turnover more than 50 million euro Large EU Companies At least 2 of these conditions are met: Balance sheet over 25 million euro Net turnover above 50 million euro Employee count exceeding 250 Listed SMEs At least 2 of these conditions are met: More than 50 employees Balance sheet over 5 million euro Net turnover above 10 million euro Certain non-EU companies operating within the EU A company outside of the EU with a net turnover over 150 million euro in the EU for the last 2 financial years, and at least 2 of the following: Has at least one subsidiary in the EU considered a “large company” Has at least one subsidiary listed in an EU-regulated market Has a branch in the EU with a net turnover of 40 million euro + in the previous year Source Links CSRD Official Legal Text ESRS Implementation Guidance HKEX (Hong Kong Stock Exchange)This is a mandatory climate disclosure framework introduced by the Hong Kong Stock Exchange (HKEX), requiring listed companies to report on greenhouse gas (GHG) emissions and other climate-related information. The framework aligns with international standards such as the International Sustainability Standards Board (ISSB) and the Task Force on Climate-related Financial Disclosures (TCFD). Short Name: HKEX Climate Disclosure Mandate Region: Hong Kong Status: Mandatory Organizations Affected: All companies listed on the Hong Kong Stock Exchange Source Link Scope of Disclosure: Scope 1 and Scope 2 GHG emissions: Mandatory for all listed companies for financial years commencing on or after January 1, 2025. Scope 3 GHG emissions: For LargeCap issuers (constituents of the Hang Seng Composite LargeCap Index): “Comply or explain” for financial years commencing on or after January 1, 2025. Mandatory disclosure for financial years commencing on or after January 1, 2026. For other Main Board issuers: “Comply or explain” for financial years commencing on or after January 1, 2025. For GEM issuers: Voluntary disclosure for financial years commencing on or after January 1, 2025. Implementation Timeline: January 1, 2025: All listed companies must disclose Scope 1 and Scope 2 GHG emissions. January 1, 2026: LargeCap issuers must disclose Scope 3 GHG emissions on a mandatory basis. Indonesian Financial Services Authority (OJK) This is a mandatory sustainability reporting framework established by Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan, or OJK) under Regulation No. 51/POJK. 03/2017. It requires financial institutions, publicly listed companies, and state-owned enterprises to prepare and submit annual Sustainability Reports, either as part of their annual reports or as standalone documents. The regulation aligns with international standards such as the Global Reporting Initiative (GRI) and incorporates elements of the Task Force on Climate-related Financial Disclosures (TCFD). Short Name: OJK POJK 51/2017 Region: Indonesia Status: Mandatory (phased implementation) Organizations Affected: Financial service institutions (FSIs), publicly listed companies, state-owned enterprises, and issuers of corporate bonds Source Link Japan Financial Services AgencyThis is a mandatory disclosure framework for public companies listed in Japan. Japan’s Financial Services Agency (FSA) developed this framework based on guidance in the Task Force on Climate Related Financial Disclosures. Short Name: FSA Region: Japan Status: Mandatory Organizations Affected: Publicly traded companies in Japan. Source Link New York S3456 Climate Corporate Data Accountability ActThis is a mandatory disclosure framework that requires companies over a revenue threshold that “do business in New York” to report their Scope 1, 2, and 3 greenhouse gas emissions. This bill was introduced in January 2025, and has not yet been approved as law. Short Name: CCDAA Region: United States Status: Mandatory Organizations Affected: Any company over $1B revenue doing business in New York. This is defined as: a business that is a partnership, corporation, limited liability company, or other entity formed under the laws of New York State, any other U. S. state, the District of Columbia, or under an act of Congress, and conducts business within New York State. Source Link Securities and Exchange Board of India This is a mandatory ESG disclosure framework introduced by the Securities and Exchange Board of India (SEBI), requiring the top 1,000 listed companies by market capitalization to submit Business Responsibility and Sustainability Reports (BRSR) as part of their annual filings. The BRSR framework aligns with international standards such as the Global Reporting Initiative (GRI) and the Task Force on Climate-related Financial Disclosures (TCFD), aiming to enhance transparency and promote sustainable business practices. Short Name: BRSR Region: India Status: Mandatory Organizations Affected: Top 1,000 listed companies by market capitalization Source Link   Philippines – Mandatory IFRS-Aligned Sustainability ReportingThe Philippines has adopted mandatory sustainability and climate disclosures aligned with IFRS S1 and S2 for publicly listed companies and large non-listed entities regulated by the Securities and Exchange Commission (SEC). Reporting is phased from FY2026, starting with the largest listed entities, with Scope 3 emissions and limited assurance requirements introduced progressively in later years. Status: Mandatory (phased rollout) Framework: Philippine Financial Reporting Standards on Sustainability Disclosures (PFRS S1 & PFRS S2), aligned with IFRS S1 & S2 Scope: Publicly listed companies and large non-listed entities Singapore Exchange (SGX)This is a mandatory disclosure framework developed for companies on the Singapore stock exchange (SGX). The SGX published a list of Core ESG Metrics to drive disclosures. This reporting framework is based on guidance in the Task Force on Climate Related Financial Disclosures and Global Reporting Initiative. Short Name: SGX Region: Singapore Status: Mandatory Organizations Affected: Publicly traded companies on the Singapore Exchange. Source Link This is a mandatory disclosure framework developed for companies on the Singapore stock exchange (SGX). The SGX published a list of Core ESG Metrics to drive disclosures. This reporting framework is based on guidance in the Task Force on Climate Related Financial Disclosures and Global Reporting Initiative. Short Name: SGX Region: Singapore Status: Mandatory Organizations Affected: Publicly traded companies on the Singapore Exchange. Source Link South Korean Financial Supervisory Service (FSS) and Korea Exchange (KRX) This is a mandatory ESG disclosure framework introduced by South Korea’s Financial Services Commission (FSC) and the Korea Exchange (KRX), requiring KOSPI-listed companies to report on environmental, social, and governance (ESG) performance. The framework is being implemented in phases, with full compliance expected by 2030. The disclosure standards align with international frameworks such as the International Sustainability Standards Board (ISSB) and the Task Force on Climate-related Financial Disclosures (TCFD). Short Name: SGX Region: South Korea Status: Mandatory (phased implementation) Organizations Affected: All companies listed on the Korea Composite Stock Price Index (KOSPI) Source Link Implementation Timeline: 2025: Companies with assets exceeding KRW 2 trillion (~USD 1. 5 billion) begin mandatory ESG reporting. 2027: Companies with assets over KRW 1 trillion (~USD 750 million) are included. 2029: Companies with assets over KRW 500 billion (~USD 375 million) are added. 2030: All KOSPI-listed companies are required to comply.   Spain’s Royal Decree 214/2025This is a mandatory carbon disclosure framework introduced by the Government of Spain under Royal Decree 214/2025. It requires companies and public sector entities to calculate, verify, and publicly report their greenhouse gas (GHG) emissions, along with reduction plans. The framework will be implemented in phases starting in 2025, with Scope 3 emissions and external verification becoming mandatory in later years. It aligns with EU climate objectives and promotes transparency through a national carbon footprint register. Short Name: RD 214/2025 Region: Spain Status: Mandatory (phased implementation) Organizations Affected: Large companies under Law 11/2018, mid-sized firms previously in the voluntary register, and public sector bodies, including government ministries and agencies. Source Link Taiwan’s Financial Supervisory Commission (FSC)This is a mandatory climate disclosure framework developed by Taiwan’s Financial Supervisory Commission (FSC). It requires listed companies to report on greenhouse gas (GHG) emissions and other sustainability metrics, aligning with international standards such as the Task Force on Climate-related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB) guidelines. Scope of Disclosure: Companies must report on Scope 1 and Scope 2 GHG emissions, with Scope 3 disclosures encouraged but not yet mandatory. Implementation Timeline: 2026: Companies with paid-in capital over NT$10 billion must prepare reports based on IFRS Sustainability Disclosure Standards for FY2026, to be disclosed in 2027. 2027: Companies with paid-in capital between NT$5 billion and NT$10 billion must prepare reports for FY2027, to be disclosed in 2028. 2028: All other listed companies must prepare reports for FY2028, to be disclosed in 2029. Short Name: Taiwan FSC Climate Disclosure Mandate Region: Taiwan Status: Mandatory (phased implementation) Organizations Affected: All companies listed on the Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx) Source Link Thailand Security Exchange Commission (SEC) This is a mandatory ESG disclosure framework established by Thailand’s Securities and Exchange Commission (SEC), requiring all publicly listed companies to report on environmental, social, and governance (ESG) performance through the consolidated Form 56-1 One Report. The framework aligns with international standards such as the Global Reporting Initiative (GRI) and the Task Force on Climate-related Financial Disclosures (TCFD), aiming to enhance transparency and promote sustainable business practices. Short Name: Form 56-1 One Report Region: Thailand Status: Mandatory Organizations Affected: All companies listed on the Stock Exchange of Thailand (SET)Source Link: SEC Thailand – Form 56-1 One Report UK Sustainability Reporting Standards The UK government is introducing UK Sustainability Reporting Standards (UK SRS) aligned with the ISSB IFRS S1 and IFRS S2 frameworks, establishing a standardized approach for sustainability-related financial disclosures. The standards will replace existing TCFD-aligned reporting requirements and introduce a consistent baseline for reporting on sustainability governance, strategy, risk management, and climate-related metrics. Short Name: UK SRS Region: United Kingdom Status: Proposed / Expected Mandatory Organizations Affected: UK listed companies, with potential expansion to large private companies Source Link UK Carbon Border Adjustment MechanismThis is a mandatory disclosure framework developed by the United Kingdom government. Under UK CBAM, organizations must report direct and indirect emissions from the products they import into the UK. This mandate is under development, please consult the Source Link for more information. Short Name: UK CBAM Region: United Kingdom Status: Mandatory (in progress) Organizations Affected: UK companies that import any of the following materials from outside of the UK: Aluminium Cement Ceramics Fertiliser Glass Hydrogen Iron Steel Source Link US Securities & Exchange Commission (SEC)The U. S. Securities and Exchange Commission (SEC) finalized a climate disclosure rule requiring public companies to report material climate-related risks and certain greenhouse gas emissions. However, in March 2025 the SEC voted to end its defense of the rule in ongoing litigation, leaving the regulation’s future uncertain while court challenges continue. This framework uses aspects of the GHG Protocol in addition to the TCFD framework. See our Blog Post for more details. Short Name: SEC Region: United States Status: Uncertain / Enforcement Paused Organizations Affected: Publicly traded companies in the United States. Source Link Vietnam State Securities Commission (SSC) This is a mandatory ESG disclosure framework implemented by Vietnam’s State Securities Commission (SSC), requiring listed companies and certain public enterprises to integrate environmental, social, and governance (ESG) information into their annual reports. Published in 2016, the framework aligns with international standards, such as the Global Reporting Initiative (GRI) G4 guidelines. Disclosures are to be included within the company’s annual report, ensuring that ESG considerations are integrated into overall corporate reporting. Short Name: Vietnam ESG Disclosure Mandate Region: Vietnam Status: Mandatory Organizations Affected: Publicly listed companies, large public enterprises, and companies with listed corporate bonds Source Link Canadian Sustainability Standards BoardThis is a voluntary disclosure framework developed by the Canadian Sustainability Standards Board (CSSB). It proposes sustainability disclosures in line with the new IFRS S1 and S2 Standards. CSDS 1 and CSDS 2 will pave the way as the framework for mandatory sustainability disclosure in Canada. Short Name: CSDS 1 & CSDS 2 Region: Canada Status: Voluntary Organizations Affected: Organizations of all sizes who wish to voluntarily disclose their environmental impacts and climate risk. Source Link CDPThis voluntary framework focuses on measuring as well as reporting on greenhouse gas (GHG) emissions, energy use, and climate change strategies. This framework expects companies to report on their Emissions, as well as their targets and progress in reducing emissions. CDP’s Disclosure Platform Guide provides the details for how to complete environmental disclosures with CDP. Short Name: CDP Region: Global Status: Voluntary Organizations Affected: Organizations of all sizes who wish to voluntarily disclose their emissions. Source Link IFRS S1: General Requirements for Disclosure of Sustainability-related Financial InformationThe International Sustainability Standards Board (ISSB) combines standards from CDP, CDSB, SASB, IIRC, GRI, and TCFD, with the goal of consolidating key standards into one global framework for sustainability reporting. IFRS S1 requires an entity to disclose information about all sustainability-related risks and opportunities that could reasonably be expected to affect the entity’s cash flows, its access to finance or cost of capital over the short, medium or long term (collectively referred to as ‘sustainability-related risks and opportunities that could reasonably be expected to affect the entity’s prospects’). Under this voluntary framework, companies report on: The governance processes, controls and procedures the entity uses to monitor, manage and oversee sustainability-related risks and opportunities The entity’s strategy for managing sustainability-related risks and opportunities The processes the entity uses to identify, assess, prioritise as well as monitor sustainability-related risks and opportunities The entity’s performance in relation to sustainability-related risks and opportunities, including progress towards any targets the entity has set or is required to meet by law or regulation. IFRS S1 is effective as of the annual reporting periods beginning on or after 1 January 2024. Earlier application is permitted as long as IRFS S2 Climate-related Disclosures is also applied. Short Name: IFRS S1 Region: Global Status: Voluntary Organizations Affected: Organizations of all sizes who wish to voluntarily disclose their environmental impacts and climate risk. Source Link IFRS S2: Climate-related DisclosuresThe International Sustainability Standards Board (ISSB) combines standards from CDP, CDSB, SASB, IIRC, GRI, and TCFD, with the goal of consolidating key standards into one global framework for sustainability reporting. IFRS S2 requires an entity to disclose information about climate-related risks and opportunities that could reasonably be expected to affect the entity’s cash flows, as well as its access to finance or cost of capital over the short, medium or long term (collectively referred to as ‘climate-related risks and opportunities that could reasonably be expected to affect the entity’s prospects’). Under this voluntary framework, companies report on The governance processes, controls and procedures the entity uses to monitor, manage and oversee climate-related risks and opportunities; The entity’s strategy for managing climate-related risks and opportunities; The processes the entity uses to identify, assess, prioritise and monitor climate-related risks and opportunities, including whether and how those processes are integrated into and inform the entity’s overall risk management process; and The entity’s performance in relation to its climate-related risks and opportunities, including progress towards any climate-related targets it has set, as well as any targets it is required to meet by law or regulation. Short Name: IFRS S2 Region: Global Status: Voluntary Organizations Affected: Organizations of all sizes who wish to voluntarily disclose their environmental impacts and climate risk. Source Link Global Reporting InitiativeThis voluntary framework focuses on measuring and reporting on greenhouse gas (GHG) emissions, energy use, and climate change strategies. This framework expects to report on their Emissions, as well as their targets and progress in reducing emissions. GRI Standards 301-308 offer guidance on making environmental disclosures in line with GRI. Specifically, GRI-305 describes emissions disclosures. Short Name: GRI Region: Global Status: Voluntary Organizations Affected: Organizations of all sizes who wish to voluntarily disclose their emissions. Source Link Task Force on Climate Related Financial DisclosuresThis voluntary framework focuses on the financial impact of climate change on companies. This framework expects companies to report on their exposure to physical and transition risks related to climate change, as well as their strategies to manage those risks. Many mandatory frameworks around the world have adopted the guidance from TCFD in their standards. NOTE: as of October 2023, the IFRS Foundation has taken over the monitoring of the progress of companies’ climate-related disclosures related to TCFD. Short Name: TCFD Region: Global Status: Voluntary Organizations Affected: Organizations of all sizes who wish to voluntarily disclose climate risk. Source Link Science Based Targets InitiativeThis voluntary framework allows companies to not only set emission reduction target, but also to benchmark their targets against other companies. SBTi is a certification body for these emission reduction targets, with strict requirements for data tracking as well as reporting. For details, see SBTi’s step by step guide for how to set a science-based target. Short Name: SBTi Region: Global Status: Voluntary Organizations Affected: Organizations of all sizes who wish to voluntarily emission reduction targets. Source Link More questions? Contact UsSend us an email at info@carbon-suite. com. - Published: 2023-06-03 - Modified: 2026-05-14 - URL: https://carbon-suite.com/disclaimer/ CarbonSuite is an independent software company and is not affiliated with, endorsed by, sponsored by, or operated by Oracle Corporation or Oracle NetSuite. Any references to Oracle, NetSuite, SuiteCloud, or related trademarks are used solely to describe compatibility, integration, or participation in Oracle partner programs. All Oracle and NetSuite trademarks, logos, and brand names are the property of Oracle Corporation and/or its affiliates. CarbonSuite products and services are independently developed, operated, and supported by CarbonSuite Inc. - Published: 2023-05-31 - Modified: 2025-10-02 - URL: https://carbon-suite.com/privacy/ INTRODUCTION CarbonSuite Inc. (the “Company”) respects your privacy. This “Privacy Policy” describes how the Company collects, uses, maintains, discloses, and protects Personal Information (defined below), as well as the rights and choices you have regarding your Personal Information, including how you can access and update your Personal Information. This Privacy Policy was last amended May 29, 2023. “Personal Information” is information that identifies you or could be combined by the Company or the Company’s services providers or affiliates with other information to identify you. By accessing or using the Company’s website located at carbonsuite. cloud (the “Website”) or any content on or through the Website, you signify your consent to the terms of this Privacy Policy. If you do not agree with any terms of this Privacy Policy, please do not access or use the Website or any content on or through the Website, or otherwise submit any Personal Information to the Company. Capitalized terms used but not defined in this Privacy Policy shall have the meaning ascribed to them by the Company’s Terms of Use. TYPES OF PERSONAL INFORMATION COLLECTED The Personal Information the Company collects about you will depend on the manner in which you access or use the Website or any content on or through the Website and may include: your name, age, or contact information, such as your mailing address, telephone number, or email address, or other similar information associated with you; your location, time-zone setting network information, device type, browser type and version, browser plug-in types and version, operating system and platform, language, standard web log data, and IP address used to connect your computer to the Internet or other similar identifier, or the equipment you use to access or use the Website and usage details; data on the pages, services, or content you access or use on or through the Website, including the amount of time you spend on certain pages, products or services you viewed or searched for, clickstreams to, through, and from the Website, page response times, downloads and download errors, page interactions, or methods used to browse away from the Website; billing or account information, if applicable; and any other Personal Information that you choose to submit to us. The Website and any content provided on or through the Website is not directed to any person who is not the legal age of majority under applicable law. The Company will not knowingly collect Personal Information from any person who is not the legal age of majority under applicable law. METHODS FOR COLLECTING PERSONAL INFORMATION The Company takes steps to ensure that any Personal Information we collect about you is adequate for, relevant to, and not excessive for the uses of such Personal Information, as described by this Privacy Policy. 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The technologies used by the Company to automatically collect the information described above may include cookies, which are small files placed on the hard drive of your computer. You can turn off cookies using your internet browser but doing so may limit or remove certain parts of the Website, certain content on the Website, or the functionality of the Website. Third-Party Features The Website may include, integrate, or rely on links, plug-ins, services, social networks, content, or applications of third parties. Your access or use of such links, plug-ins, services, social networks, content, or applications may allow the third-party provider to collect or share information about you, some of which may be Personal Information. The Company does not control such third-parties’ use of cookies or similar technologies – if you would like to know more about how these third parties use such technologies, you should contact the responsible provider directly. 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The Company may use your Personal Information to: provide you with content, services, or products on or though the Website; customize, measure, and improve the Website or content provided on or through the Website, or otherwise analyze or manage the Company’s business operations or Website performance; prevent prohibited or illegal activities, loss, or fraud, enforce the Company’s Terms of Use, or otherwise protect the security or integrity of the Website or the Company’s business; deliver targeted marketing, service update notices, or promotional offers base on your communication preferences; send you things in the mail or through other channels, such as products or services that you have requested; register you for, or authenticate you when you sign into, an account or online services or when you purchase a product or service, or to provide you with notices about such accounts, subscriptions, or purchases; provide you notice about changes to the Website, this Privacy Policy, or the Company’s Terms of Use; otherwise fulfill the purposes for which you have provided Personal Information or that were described when such Personal Information was collected; or carry out other purposes that are disclosed to you and to which you consent, or which are otherwise permitted or required by law. 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The Company may charge you a fee to access your Personal Information and will notify you in advance of any such fee. The Company will provide you with access to your Personal Information in accordance with applicable privacy legislation, and may decline to provide you access to your Personal Information on the basis that such Personal Information is: protected by solicitor-client privilege; or part of a legal proceeding, government or regulatory investigation or process, or otherwise part of a formal dispute resolution process. Where the Company is unable to provide you with access to your Personal Information, reasons will be provided subject to any legal or regulatory restriction. You may have the right to withdraw the consent you have provided under this Privacy Policy in certain circumstances. To withdraw your consent, if applicable, please contact the Company in the manner set out by this Privacy Policy. DATA SECURITY The security of your Personal Information is important to the Company. The Company protects your Personal Information by maintaining physical, organizational, and technological safeguards against unauthorized access, unauthorized disclosure, theft, or misuse appropriate to the sensitivity of such Personal Information. Personal Information collected by the Company may only be accessed by persons within the Company who require access to provide you with access to, use of, or content, services, or products provided on or through the Website. The Personal Information the Company collects is maintained on CarbonSuite’s secure internal systems and/or websites. Although the Company takes precautions against breaches of or unauthorized access to your Personal Information, no company can fully eliminate the risks of such breaches or unauthorized access and no website is completely secure. The Company cannot guarantee that unauthorized access, hacking, data loss, or breaches of the Company’s security systems will never occur. Accordingly, you should not transmit Personal Information to the Company by any means if you consider that Personal Information to be sensitive. Except as otherwise permitted or required by applicable law or regulation, the Company retains Personal Information that it collects only as long as necessary for the purposes for which such Personal Information was collected. The Company reserves the right to use anonymous and de-identified information, including anonymized or otherwise de-identified Personal Information, for any legitimate business purpose without further notice to you and without your Consent. CHANGES TO THE PRIVACY POLICY The Company reserves the right to amend this Privacy Policy for any or no reason, at any time, and from time to time in accordance with the terms of this Privacy Policy. The Company will reflect any such amendments on the Website. Your continued access to or use of the Website or any content on or though the Website after any such amendment constitutes your acceptance of the Privacy Policy as then amended. The Company includes the date this Privacy Policy was last amended at the top of this page. CONTACT INFORMATION AND CHALLENGING COMPLIANCE The Company has appointed a Privacy Officer responsible for ensuring compliance with this Privacy Policy. If you have any questions regarding this Privacy Policy or your Personal Information, please contact the Company’s Privacy Officer at info@carbon-suite. com. - Published: 2023-05-31 - Modified: 2024-05-07 - URL: https://carbon-suite.com/terms-and-conditions-of-use/ INTRODUCTION Acceptance of Terms and Conditions of Use IMPORTANT! YOUR ACCESS TO THIS WEBSITE IS SUBJECT TO THESE GENERAL TERMS AND CONDITIONS OF USE. CAREFULLY READ ALL OF THE FOLLOWING TERMS AND CONDITIONS OF USE BEFORE PROCEEDING. ACCESSING THIS WEBSITE IS THE EQUIVALENT OF YOUR SIGNATURE AND INDICATES YOUR ACCEPTANCE OF THESE TERMS AND CONDITIONS AND THAT YOU INTEND TO BE LEGALLY BOUND BY THEM. IF YOU DO NOT AGREE WITH THESE TERMS AND CONDITIONS, PLEASE DO NOT USE THIS WEBSITE AND DO NOT ENQUIRE ABOUT ANY PRODUCTS AND/OR SERVICES OFFERED FROM THIS WEBSITE OR DESCRIBED ON THIS WEBSITE. These general terms and conditions of use (the “Terms of Use”) constitute a legal agreement between you (“You” and “Your”) and CarbonSuite Inc. (the “Company”) governing Your use of carbonsuite. cloud and all associated web pages owned by the Company (collectively, the “Website”). “We” and “Us” means both You and the Company. By accessing or using the Website or otherwise indicating Your consent to these Terms of Use, You agree to be bound by these Terms of Use and the documents referred to herein. If You do not agree with or accept any of the terms of these Terms of Use, You should cease using the Website immediately. These electronic Terms of Use shall be the equivalent of a written paper agreement between Us. By using the Website, You represent and warrant that You are the legal age of majority under applicable law to form a binding contract with the Company. Amendment of Terms of Use These Terms of Use are dated May 29, 2023. The Company reserves the right in its sole discretion to amend these Terms of Use for any or no reason, at any time, and from time to time. Any and all such amendments will be effective from the date they are published and will apply to all access to or continued use of the Website. By continuing to use or access the Website following such amendment to these Terms of Use, You agree to be bound by the Terms of Use as amended, regardless of whether or not the Company notified You of such amendments. You agree to periodically review these Terms of Use in order to be aware of any amendments. No changes to these Terms of Use are valid or have any effect unless agreed to by the Company in writing. YOUR USE OF AND CONDUCT ON THE WEBSITE Nature of Use The Website is for Your personal and non-commercial use only. You agree that You will only access or use the Website for lawful purposes and in accordance with these Terms of Use. As a condition of Your access to and use of the Website, You warrant and agree that You will not use or access the Website to: violate or promote the violation of any government-imposed restriction or rule or of any third-party’s rights; impersonate any person or entity, misrepresent Your affiliation with a person or entity, or do any other thing or act that brings the Company, any other user of the Website, or any third-party into disrepute or causes liability for the Company; distribute viruses, malware, or any other technologies that are malicious or that may harm the Company, the Website, other users of the Website, the Company’s affiliates, or any third-party, or in any other way interfere or attempt to interfere with the proper working of the Website; reverse engineer, decompile, copy, modify, distribute, transmit, license, sublicense, display, revise, perform, transfer, sell, or otherwise make available to any third-party, or otherwise publish, deeplink, create derivative works from or exploit in any way the Website or any content on the Website except as permitted by the Company under these Terms of Use; and harvest or otherwise collect, use, or disclose (including through the use of any robot, spider, or other automatic device, process, or means) content on the Website or personal information about any other user or users of the Website for any purpose. You further represent and warrant with respect to any account that You may make on or through the Website that: all the information You provide on or through the Website is correct, current, and complete; any username, password, or any other piece of information chosen by You, or provided to You as part of the Company’s security procedures, if any, will be treated as confidential by You and will not be disclosed to any other person or entity; You will notify the Company immediately of any unauthorized access to or use of Your username or password, if applicable, or any other breach of security; and You will not transfer Your account, if any, to another person without the prior written consent of the Company. User Generated Content You may be able to submit, post, publish, display, or otherwise transmit content, material, or information to the Website or to other users or persons through or using the Website (“User Generated Content”). You are entirely responsible for all User Generated Content You submit, post, publish, display, or otherwise transmit on or through the Website. The Company is not responsible or legally liable to any third party for the content or accuracy of any User Generated Content submitted, posted, published, displayed, or otherwise transmitted on or through the Website by You or any other user of the Website. Any and all User Generated Content must comply with all applicable laws, regulations, and these Terms of Use. User Generated Content may be removed, hidden, edited, or otherwise altered at the sole discretion of the Company for any or no reason, with or without notice, and at any time. However, the Company has no obligation, nor any responsibility to any party to monitor the Website or its use, and does not and cannot undertake to review User Generated Content. The Company cannot ensure prompt removal of objectionable material, including User Generated Content, and the Company has no liability for any action or inaction regarding transmissions, communications, or content, including User Generated Content, provided by any user of the Website or third-party, subject to applicable laws. The discretion of the Company will be informed, but not limited by, the following guidelines for inappropriate User Generated Content. User Generated Content may be deemed inappropriate by the Company if it contains, depicts, includes, discusses, encourages, or involves, without limitation: material or conduct that is illegal, exploitative, obscene, harmful, threatening, abusive, harassing, hateful, defamatory, sexually explicit or pornographic, violent, inflammatory, or discriminatory based on race, sex, religion, nationality, disability, sexual orientation, age, or other such legally prohibited ground; any false, inaccurate, or misleading information, or the impersonation or attempted to impersonation of the Company, an employee of the Company, another user of the Website, or any other person or entity; conduct that restricts or inhibits anyone’s use or enjoyment of the Website, or which, as determined by the Company in its sole discretion, may harm the Company or users of the Website, or expose either to liability; cause annoyance, inconvenience, or needless anxiety or be likely to upset, embarrass, or alarm any other person; or material or conduct that is otherwise objectionable, as determined by the Company at its sole discretion. By submitting, posting, publishing, displaying, or otherwise transmitting any User Generated Content on or through the Website, You agree to grant the Company, its successors, and assigns, and the Company’s affiliates and service providers as necessary, a worldwide, royalty free, perpetual, irrevocable, non-exclusive license to use, reproduce, modify, perform, display, distribute, copy, and otherwise disclose for any purpose any User Generated Content You submit, post, publish, display, or otherwise transmit on or through the Website. You waive all moral rights in any such User Generated Content. INTELLECTUAL PROPERTY RIGHTS AND OWNERSHIP The Website and all the content of the Website (including without limitation all information, reports, data, databases, graphics, interfaces, web pages, text, files, software, code, product names, company names, trademarks, logos, trade names, any other intellectual property contained on the Website but excluding User Generated Content), the manner in which such content is presented or appears and all information relating thereto, and the Website’s features and functionality (collectively, the “Website IP”) are owned by the Company, its licensors, or other providers of such Website IP, and are protected in all forms by intellectual property laws, including without limitation copyright, trademark, patent, trade secret, industrial design, and any other proprietary rights. The Company grants You a personal, revocable, non-transferable, and non-exclusive license to access and read the Website IP. You agree that, except as explicitly authorized by the Company, You will not: distribute the Website IP for any purpose, including without limitation by compiling an internal database, or by redistributing or reproducing the Website IP by the press or media or through any commercial network, cable, or satellite system; create derivative works of, reverse engineer, decompile, disassemble, adapt, translate, transmit, distribute, publish or republish, download, store, arrange, modify, copy, bundle, sell, sub-license, export, merge, transfer, loan, rent, lease, assign, share, outsource, host, make available to any person or otherwise use, either directly or indirectly, the Website IP in whole or in part, in any form or by any means whatsoever, be they physical, electronic, or otherwise; or allow any third-party to access the Website IP. ENFORCEMENT, SUSPENSION, AND TERMINATION The Company may in its sole discretion for any or no reason, with or without notice, and at any time: terminate these Terms of Use; limit, suspend, or terminate Your access to or use of the Website; take technical and legal steps to prevent You from accessing or using the Website; or remove or otherwise modify any User Generated Content. Any such termination or action by the Company shall be in addition to and without prejudice to such rights and remedies as may be available to the Company, including injunction and equitable remedies. Any terms of these Terms of Use which are necessary to give effect to the rights of the Company under these Terms of Use or that contemplate survival beyond termination shall survive, except to the extent not permitted by law. INDEMNITY To the maximum extent permitted by applicable law, You agree at all times to indemnify, defend, and hold harmless the Company, its agents, affiliates, partners, and its and their respective directors, officers, employees, agents, service providers, contractors, licensors, suppliers, successors, and assigns from and against any claims, actions, proceedings, demands, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including legal and other fees and disbursements) sustained, incurred, or paid by the Company, or arising out of or relating to Your breach of these Terms of Use or Your access or use of the Website, including without limitation any User Generated Content You submit, post, publish, display, or otherwise transmit on or through the Website, and Your access to, use, or misuse of the Website or any content on the Website. LIMITATIONS ON LIABILITY AND DISCLAIMERS Limitations on Liability EXCEPT TO THE EXTENT PERMITTED BY LAW, IN NO EVENT WILL THE COMPANY, ITS AFFILIATES, AGENTS, LICENSORS, SUPPLIERS, OR ITS OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, SERVICE PROVIDERS, CONTRACTORS, LICENSORS, LICENSEES, SUPPLIERS, OR SUCCESSORS BE LIABLE, WHETHER IN TORT, CONTRACT, OR OTHERWISE, FOR ANY SPECIAL, INDIRECT, INCIDENTIAL, PUNITIVE, EXEMPLARY, AGGRAVATED, ECONOMIC, OR CONSEQUENTIAL DAMAGES, HOWSOEVER CAUSED, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF USE, LOST PROFITS, LOST GOODWILL OR BUSINESS REPUTATION, LOST DATA, OR LOST SAVINGS, EVEN IF THE COMPANY OR ANY OF ITS LAWFUL AGENTS OR EMPLOYEES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR CLAIM, RESULTING FROM YOUR USE OF OR INABILITY TO USE THE WEBSITE OR ANY CONTENT ON THE WEBSITE, INCLUDING WITHOUT LIMITATION: (A) ANY CHANGES THE COMPANY MAY MAKE TO THE WEBSITE OR TO ANY CONTENT ON THE WEBSITE, OR FOR ANY PERMANENT OR TEMPORARY CESSATION IN THE PROVISION OF THE WEBSITE OR ANY CONTENT ON THE WEBSITE; (B) THE DELETION OF, CORRUPTION OF, OR FAILURE TO SEND, DISPLAY, OR STORE ANY ADS, USER GENERATED CONTENT, OR OTHER COMMUNICATIONS OR DATA MAINTAINED OR TRANSMITTED BY OR THROUGH THE WEBSITE OR ANY CONTENT ON THE WEBSITE, INCLUDING USER GENERATED CONTENT; (C) YOUR FAILURE TO PROVIDE THE COMPANY WITH ACCURATE ACCOUNT INFORMATION OR TO KEEP YOUR PASSOWARD OR ACCOUNT DETAILS SERCURE AND CONFIDENTIAL, AS APPLICABLE. NOTWITHSTANDING THE FOREGOING, IF THE COMPANY IS FOUND TO BE LIABLE FOR ANY REASON, THE COMPANY’S LIABILITY YOU OR ANY THIRD-PARTY IS LIMITED TO THE GREATER OF: (A) THE TOTAL FEES SUCH PARTY MADE TO THE COMPANY IN THE 12 MONTHS PRIOR TO THE ACTINO GIVING RISE TO THE LIABILITY; AND (B) $150 CAD. Availability, Completeness, and Quality You understand and agree that the Website, any content on the Website , and any services or items found or attained through the Website are provided on an “as is” and “as available” basis, without any warranties of any kind, either express or implied, including without limitation the implied warranties of merchantability, fitness for particular purpose, or non-infringement. Except as otherwise expressly required by applicable law, the Company makes no representations, warranties, conditions, or other terms (whether express or implied) in relation to the provision of the Website or any content on the Website, including without limitation as to completeness, security, reliability, suitability, accuracy, availability, or currency of the Website or any content on the Website, that the Website or any content on the Website will be free from bugs, errors, or omission, or as to the satisfactory quality or fitness of the Website or any content on the Website for a particular purpose. The Company assumes no obligation to update the Website or any content on the Website. The Website or any content on the Website may be changed without notice to You. To the maximum extent permitted by applicable law, the Company excludes all liability (whether arising in contract, tort, breach of statutory duty, or otherwise), which the Company may otherwise have to You as a result of any error or inaccuracies in the Website or any content on the Website, the unavailability of the Website for any reason, or any representation or statement made on or through the Website or any content on the Website. The Company is not responsible for any content on the Website, including User Generated Content, that You may find undesirable or objectionable. Downloads The Company cannot and does not guarantee or warrant that files or data available for downloading from the internet or the Website will be free of viruses or other destructive code. You are solely and entirely responsible for Your use of the Website and Your computer internet and data security. To the fullest extent provided by law, the Company will not be liable for any loss or damage caused by denial-of-service attack, distributed denial-of-service attack, overloading, flooding, mailbombing or crashing, viruses, trojan horses, worms, logic bombs, or other technologically harmful materials that may infect Your computer equipment, computer programs, data, or other proprietary material due to Your use of the Website or any services or items found or attained on or through the Website or to Your downloading of any material posted on or through the Website, or on any website linked to the Website. Third-Party Sites The Website or content on the Website may contain links to third-party sites. The Company does not assume responsibility for the accuracy or appropriateness of, and has no control over, the information, data, opinion, advice, or statements contained at such sites, and makes no representations about any such websites that may be accessed from the Website or from any content on the Website. Where You access such sites, You acknowledge and agree You are doing so at Your own risk. Your use of a third-party site may be governed by the terms and conditions of such site. In providing links to third-party sites, the Company is in no way acting as a publisher or disseminator of any material contained on those sites and does not and does not seek to monitor or control such sites. A link to a third-party site does not mean and should not be construed to mean that the Company is affiliated or associated with such third-party in any way. The Company does not recommend or endorse any material found on such third-party sites. The mention of another party or its product or service on the Website or in any content on the Website is not and should not be construed as an endorsement of that party or its product or service. No Reliance Any reliance You may place on the Website or any content on the Website is at Your own risk. Any content provided by the Company on or through the Website is provided for general information purposes only and to inform You about the Company and the Company’s products, news, features, services, and other websites. Such content does not constitute technical, financial, or legal advice, or any other type of advice, and should not be relied on for any purpose. You agree to apply Your own judgment or obtain specific or professional advice before taking, or refraining from, any action or inaction on the basis of the Website or any content on the Website, including User Generated Content, including without limitation the use of the Website or any content on the Website, including User Generated Content, as the basis for any conclusions. No Offer of Sale Unless explicitly stated, the Website and the content on the Website are not to be construed as an offer to sell any product or service. Force Majeure The Company shall have no liability to You for any breach of these Terms of Use caused by any event or circumstances beyond the Company’s reasonable control including without limitation strikes, lock-outs and other industrial disputes, breakdown of systems or network access, disease, flood, fire, explosion, or accident. RELEASE If You have a dispute with one or more other users of the Website, You release the Company, its affiliates, and licensors (and its and their directors, officers, employees, agents, and subsidiaries) from any claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown, arising out of or in any way connected with such disputes. PRIVACY The use by the Company of Your personal information is governed by the Company’s privacy policy (“Privacy Policy”), which can be found on our Website. By using the Company’s Website or by submitting Your personal information, including User Generated Content, on or through the Website, You consent to the collection, use, and disclosure of Your personal information in accordance with the terms of the Privacy Policy. GENERAL No Agency No agency, partnership, joint venture, employee-employer, or franchiser-franchisee relationship is intended or created by these Terms of Use. Governing Law, Jurisdiction, and Attornment These Terms of Use shall be governed by and construed in accordance with the laws of the Province of Ontario and the laws of Canada applicable therein, without giving effect to any choice of law provision, principle, or rule, and notwithstanding Your domicile, residence, or physical location. For the purpose of all legal proceedings, these Terms of Use shall be deemed to have been performed in the Province of Ontario and the courts of the Province of Ontario shall have jurisdiction to entertain any action arising under or out of these Term of Use. You and the Company agree to irrevocably attorn and submit to the exclusive jurisdiction of the courts of the Province of Ontario. You further waive any and all objections to the exercise of jurisdiction over You by such courts and to the venue of such courts. You agree to waive any right You may have to a trial by jury or to commence or participate in any class action against the Company related to the Website or any content on the Website, including User Generated Content, or these Terms of Use. Waiver No failure to exercise, or delay in exercising, any right, remedy, power, or privilege arising from these Terms of Use operates, or may be construed, as a waiver thereof. No single or partial exercise of any right, remedy, power, or privilege hereunder precludes any other or further exercise thereof or the exercise of any other right, remedy, power, or privilege. Severability Any term of these Terms of Use that is prohibited or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of such prohibition or unenforceability and shall be severed from the balance of these Terms of Use, all without affecting the remaining terms of these Terms of Use or affecting the validity or enforceability of such terms in any other jurisdiction. Nothing in these Terms of Use shall operate to prejudice any mandatory statutory requirement or Your statutory rights. Entire Agreement These Terms of Use together with the Privacy Policy contain the entire understanding and agreement between Us in relation to Your use of the Website, and supersede and replace all prior and contemporaneous understandings, agreements, representation, statement, or other communication made by You or the Company, whether written or oral, that is not contained herein. Notices The Website is operated by CarbonSuite Inc. at 245 Haddington Avenue, Toronto, Ontario, M5M 2R1, Canada You consent to the exchange of information and documents between Us electronically over the Internet or by e-mail. If You have an account profile with the Company or have purchased a product from the Company, the Company will send You information and documents to the e-mail address in Your account profile on the Website or provided in the course of purchasing such product. You will send information and documents to the Company by email to info@carbon-suite. com. Every notice that You are required or permitted to be given or made under these Terms of Use to the Company shall be in writing and made to info@carbon-suite. com. All notices from the Company to You will be displayed on the Website from time to time. Assignment You may not assign, sublicense, or otherwise transfer any of Your rights and obligations in these Terms of Use to any other person. - Published: 2023-05-14 - Modified: 2025-04-22 - URL: https://carbon-suite.com/carbonsuite-partner/ Interested in becoming a Partner? Get startedSend us a message to get the conversation going! Sustainability is no longer just a buzzword; it is a key differentiator in the marketplace. Companies that prioritize environmental responsibility gain a competitive edge. By partnering with Carbon Suite, you can enhance your reputation as a forward-thinking, sustainable organization. This will assist in attracting new clients and strengthening existing relationships. Ultimately, the goal of carbon accounting is to reduce environmental impact. As a CarbonSuite partner, you contribute to global efforts to combat climate change and preserve natural resources. This positive impact not only benefits the planet but also resonates with your clients, enhancing their trust and loyalty. Environmental risks, such as climate change and resource scarcity, pose significant threats to businesses. Partnering with Carbon Suite enables you to offer proactive risk management solutions. Our software provides insights and data that inform strategic decision-making, ensuring that your clients’ businesses are resilient and prepared for future challenges. By becoming a CarbonSuite partner, you gain access to cutting-edge tools and solutions that drive efficiency and effectiveness in carbon management. This partnership enables you to stay ahead of industry trends and leverage the latest advancements to meet your clients’ sustainability goals. - Published: 2023-05-14 - Modified: 2024-04-21 - URL: https://carbon-suite.com/developers/ Our API License is available for custom projects. Contact Us to get access to our API Documentation. Get In Touch - Published: 2023-05-11 - Modified: 2026-06-18 - URL: https://carbon-suite.com/about-us/ Our Vision Modern accounting traces its roots back to 15th-century Venice, where it was created to tell the story of business ventures, focusing on assessing financial risk and return as companies set sail in search of new lands and resources. Six hundred years later, we’re still using the same fundamental accounting principles. Businesses report financials to a narrow set of shareholders, prioritizing monetary returns under the guise of fiduciary duty. But the world has changed, and the way we measure business success must change with it. Today, we have the data and technology to go beyond financial statements. We can measure and report a company’s true impact, from carbon emissions and resource consumption to supply chain effects and social responsibility. The definition of value must evolve to include all stakeholders and the well-being of our planet. At CarbonSuite, we’re bridging the gap between accounting and sustainability. We’re transforming impact measurement into an integrated, decision-driving framework. Through carbon accounting and sustainability reporting, we empower businesses to see the full picture and redefine their role in shaping a more sustainable future. Because we believe accountants will save the earth. Learn More Our Mission At CarbonSuite, we harness the power of technology to empower companies to Record, Report, and Reduce their environmental impact. This is a crucial step on their journey towards Net Zero. Carbon Accounting and Sustainability Reporting have traditionally been reserved for large corporations with dedicated sustainability teams. We are on a mission to revolutionize access to Corporate Sustainability, making it simpler for organizations of all sizes. Our ERP-first approach integrates sustainability deeply into day-to-day business operations. We are the infrastructure for the Net Zero economy. Across the globe, diverse cultures have practiced the art of stacking rocks in natural settings, as depicted in this image. This ancient symbol reminds you that you are on the right path. This emblem holds profound significance for us at CarbonSuite. As your trusted partner, we are here to guide your sustainability journey. The path will undoubtedly be challenging, but companies have a tremendous role to play. Therefore, it is crucial that we work together to build a livable, just, and sustainable future for generations to come on our beautiful Planet Earth. This is our mission. Our TeamCEOMatt HoldenLinkedInCIOPoyan JadidianLinkedInCTOAlejandro Barrera AponteLinkedInCOOBrian HuiLinkedInOur Story We’re a group of technologists and NetSuite experts with a passion for sustainability. After decades of technology and management consulting, we got tired of “business as usual. ” Our journey started in the world of enterprise technology, where we spent years designing and implementing ERP, CRM, and financial systems for companies of all sizes – from fast-growing startups to global enterprises. We saw firsthand how businesses measure success: financial growth, operational efficiency, and shareholder returns. But something was missing. As the urgency of the climate and ecological crisis grew, we began asking bigger questions. What if companies had the same level of visibility into their carbon footprint as they do their cash flow? What if sustainability metrics were integrated into financial reporting, empowering business leaders to make decisions that benefit both the bottom line and the planet? That curiosity became a calling. We realized that the same technology and expertise we had spent years refining could be used for something greater: helping businesses understand and reduce their environmental impact. And so, CarbonSuite was born. We are employee-owned and building our own version of a sustainable business. We built CarbonSuite to bridge the gap between accounting and sustainability, providing companies with the tools they need to record, report, and reduce their environmental impact seamlessly. Our goal isn’t just to track sustainability data; it’s to change the way businesses think about value, risk, and responsibility. Because we believe the future of business isn’t just about profit; it’s about purpose. And with the right technology, we can help companies make sustainability part of their DNA. Learn More - Published: 2023-05-10 - Modified: 2026-01-26 - URL: https://carbon-suite.com/carbon-accounting/ RecordReportReduce Automated Scope 1, 2, 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, CEDA by Watershed, 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 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. Ready to try it out? Get startedSend us a message and we’ll get you started. - Published: 2023-05-10 - Modified: 2025-04-21 - URL: https://carbon-suite.com/solutions/ Built for NetSuite SuiteAppAPI LicenseSustainability ConsultingBuilt for NetSuite SuiteApp CarbonSuite, an ESG “SuiteApp“, is built specifically for NetSuite ERP. This means that to access CarbonSuite, you simply log into your NetSuite account, navigate to the CarbonSuite tab, and voilà! The Carbon Accounting process requires data like Subsidiaries, Vendors, Items and others that are core components of NetSuite, so by using CarbonSuite, you can leverage your existing master data and processes to save time and decrease redundancy. Additionally, using the “Emission Workbench” feature, you can automatically pull in data from your Vendor Bills, Expense Reports, and other transactions to calculate your emissions. CarbonSuite has a wide range of features to help you streamline your carbon accounting process as efficiently as possible. Get in touch to learn how CarbonSuite can help streamline your carbon accounting process! CarbonSuite is the first and only ESG Reporting platform that verified as Built for NetSuite. Click below to learn more today! Schedule a DemoSee the Magic in Action! Fill out the form below and we’ll send the demo video straight to your inbox! Want a custom demo? Simply complete the form, and you’ll get an option to schedule your personalized session! Email * Please enter a valid email address. Name * Fill out this field Company Website Fill out this field Your Message Fill out this field Submit API License Not a NetSuite user? Have a specific use case for calculating emissions? No problem! Our API license allows you to purchase access to our calculation engine. Integrate your existing data structure to CarbonSuite’s API and quickly produce emission calculations. Our Emission Factor Database supports frameworks like US EPA, Canada ECCC, UK DEFRA, Australia DCCEEW, Exiobase, GHG Protocol, Green-E, and we are always adding more emission factors. Get in touch today! Sustainability Strategy CarbonSuite Strategy Consulting provides a range of services to help your organization meet your sustainability goals, all of which can be easily done within our ESG SuiteApp. Our sustainability strategy service helps clients develop a comprehensive sustainability plan that aligns with your business objectives. We also provide carbon accounting support to help you get the most out of the CarbonSuite platform. Sustainability and ESG reporting can be difficult to navigate, so we are happy to help audit your data, prepare and submit reports for your team. Finally, our emissions reduction service helps your organization build and implement projects that drive meaningful impact in reducing your carbon footprint. Get in touch today! - Published: 2023-05-08 - Modified: 2025-09-02 - URL: https://carbon-suite.com/sustainability-disclsoure/ Sustainability Disclosure Overview The Corporate Carbon Accounting module includes basic reporting on GHG emissions, energy consumption, waste generation, water consumption, and various other environmental metrics and intensity ratios. This data serves as an input for many reporting standards and frameworks. You can leverage data from the module to build your own sustainability reports for disclosure. CarbonSuite’s Sustainability Disclosure module supports more detailed sustainability reporting and disclosure. Whether the disclosure is voluntary or under mandatory frameworks like the European Union’s CSRD, Australia’s ASRS, or California’s CCDAA, the Sustainability Disclosure module helps you every step of the way. Frameworks Supported The Sustainability Disclosure module supports the following mandatory frameworks: CSRD: EU Corporate Sustainability Reporting Directive ASRS: Australia Sustainability Reporting Standards CCDAA: California Corporate Data Accountability Act and Climate Related Financial Risk The Sustainability Disclosure module supports the following voluntary frameworks: ESG: Environmental, Social, Governance CDP: Disclosure, Insight, Action ISSB: International Sustainability Standards Board GRI: Global Reporting Initiative SBTi: Science Based Targets Initiative CSRD Disclosure CSRD is a groundbreaking legislation from the European Union that requires reporting across various Environmental, Social, and Governance topics. Not sure if you’re required to report under CSRD? Take our CSRD Quiz to find out! You can also find more detail about specific CSRD requirements in the following links: ESRS E1-E5 ESRS S1-S4 ESRS G1 CarbonSuite’s CSRD Disclosure module guides you step by step through the CSRD Disclosure process. From your materiality assessment, value chain mapping, and data disclosure. Leverage the CarbonSuite CSRD Disclosure module to streamline your CSRD reporting and meet compliance requirements. ASRS Disclosure ASRS is a sweeping legislation from the Government of Australia that requires reporting across various Sustainability topics. It is aligned with reporting requirements from the International Sustainability Standards Board (ISSB). Not sure if you’re required to report under ASRS? Check out our post on the ASRS Requirements. CarbonSuite’s ASRS Disclosure module guides you step by step through the ASRS Disclosure process. From climate risk assessment, value chain mapping, and emissions data disclosure. Leverage the CarbonSuite ASRS Disclosure module to streamline your ASRS reporting and meet compliance requirements. California Climate Disclosure California has enacted two landmark climate disclosure laws: SB 253 (the Climate Corporate Data Accountability Act) and SB 261 (the Climate-Related Financial Risk Act). Together, they require large companies doing business in California to disclose their greenhouse gas emissions and climate-related financial risks. These laws align with global reporting trends, including ISSB standards and the U. S. SEC’s proposed climate rules. Not sure if your company is required to report under SB 253 or SB 261? Check out our post on the California Disclosure Requirements. CarbonSuite’s California Disclosure module guides you step by step through compliance with SB 253 and SB 261. From emissions data collection and value chain mapping to climate risk analysis and disclosure, CarbonSuite streamlines your reporting and ensures you stay ahead of regulatory requirements. Ready to learn more about Sustainability Disclosure? CONTACT US - Published: 2023-05-08 - Modified: 2025-09-02 - URL: https://carbon-suite.com/value-chain/ Value Chain Overview Carbon Accounting requires you to report data not only from your own operations (scope 1 and 2) but also from operations in your Value Chain. The products and services your purchase and sell have a life before you receive them, and they have a life after you are finished with them. Thus, within scope 3, you are responsible for reporting the extended value chain emissions of your company. There are 15 categories within scope 3, which can be found in detail in our Scope 3 Spotlight. Some of these categories require you to collect data from your value chain in order to accurately report your emissions. For example: Category 1: Purchased Goods and Services. Data needs to be collected at for each product / service that is purchased, based on the emissions intensity of each purchase. Category 7: Employee Commuting. Data needs to be collected directly from employees, based on their commuting habits and work from home hours. Category 15: Investments. Data needs to be collected from portfolio companies in which you are invested, based on their corporate carbon footprint. Add-On Module CarbonSuite offers a Value Chain Module as an add-on feature. This feature enables you to automate collection of data within your value chain through surveys, website scraping, and document scanning. CarbonSuite also offers a stairway approach to scope 3 that involves 3 different approaches: Level 1: Spend Based, Secondary Data. Using this approach, you can automatically estimate your scope 3 emissions based on the financial value of purchase transactions in your ERP system. This can be accomplished using the Emission Workbench feature within CarbonSuite. This is a great way to get a high level estimate of your emissions. You can identify hot spots and target high-emitting vendors from which you purchase. This can be done using the Corporate Carbon Accounting product. Level 2: Industry Averages, Secondary Data. Using this approach, you can estimate your scope 3 emissions using industry average emission factors based on your sector. This typically involves using a combination of standard emission factors within CarbonSuite and adding your own custom emission factors. This is generally considered a more accurate approach than spend based method. This can also be done using the Corporate Carbon Accounting product. Level 3: Activity Based, Primary Data. Using this approach, you can use CarbonSuite’s value chain module to collect data directly from your value chain (vendors, employees, customers, companies). This add-on feature allows you to automatically generate surveys, analyze value chain documents, and scrape the web for data relevant to your scope 3 emissions. This is the most accurate method for reporting scope 3. Ready to learn more about the Value Chain Module? CONTACT US - Published: 2023-05-08 - Modified: 2025-09-02 - URL: https://carbon-suite.com/product-carbon-footprint/ Product Carbon Accounting Overview Distinct from Corporate Carbon Accounting, Product Carbon Accounting focuses on calculating and reporting the carbon emission impact of individual products that are produced within a company. This is also referred to as the “Product Carbon Footprint. ” While Corporate Carbon Accounting uses the methodology of the GHG Protocol Corporate Standard, Product Carbon Accounting uses the methodology of the GHG Protocol Product Standard. Product Carbon Accounting may be relevant to organizations that produce physical goods and are interested in understanding the lifecycle emissions of the products they produce, from raw material extraction, manufacturing & processing, transportation & distribution, usage, and end of life. Add-On Module CarbonSuite offers a Product Carbon Accounting feature as an add-on module to the Corporate Carbon Accounting Product. This add-on module leverages the following data from your ERP and other systems: The “Corporate Carbon Footprint” (energy consumption, business travel, refrigeration, etc. ) from CarbonSuite’s Corporate Carbon Accounting Product Raw material purchases on vendor bills and other purchase transactions Transportation & distribution data from item receipts, transfer orders, and item fulfilments Production data from work orders Product usage and end of life data tracked at the item level CarbonSuite allocates data from these and other data sources to create a “Lifecycle Bill of Materials (Lifecycle BOM)” for items that you produce. This “Product Carbon Footprint” can give you insights about the environmental impact of your products. It can also act as a data input for value chain surveys that you receive (i. e. if your customers or suppliers request your product carbon footprints). CarbonSuite will generate the Product Carbon Footprint and add a link on Invoices you send to customers. You can even configure the Product Carbon Footprint to show on customer-facing invoices so they can automatically see the emissions associated with their purchases. Ready to learn more about Product Carbon Accounting? CONTACT US - Published: 2023-05-08 - Modified: 2024-08-13 - URL: https://carbon-suite.com/methodology/ We’re on a mission to democratize carbon accounting. AffordableA fraction of the cost compared to traditional methods. EfficientAutomated data collection that doesn’t require additional headcount. CompliantBest in class methodology and reporting capabilities. get a demoSee the Magic in Action! Fill out the form below and we’ll send the demo video straight to your inbox! Want a custom demo? Simply complete the form, and you’ll get an option to schedule your personalized session! Email * Please enter a valid email address. Name * Fill out this field Company Website Fill out this field Your Message Fill out this field Submit Record Identify Emission Sources The first step is to identify your organization’s Emission Sources, from energy consumption, shipping, business travel, waste disposal, etc. From there, CarbonSuite collects Activity Data directly from your ERP system. Using the GHG Protocol, CarbonSuite calculates emissions in a way that is compliant with major climate disclosure frameworks. Calculate Emissions Your standard NetSuite transactions like Vendor Bills and Expense Reports are enhanced to record the activity data required to calculate Emissions. Using a combination of this activity data and the financial value of the transactions, CarbonSuite uses Emission Factors to calculate your organization’s emissions and groups them by Scope and Category. Report Publish Reports Once your emissions are recorded and audited, CarbonSuite allows you to make sense of the “Alphabet Soup” of ESG and easily generate reports compliant with the major sustainability reporting frameworks, such as: SEC, CSRD, CDP, TCFD, SECR, GRI, ISSB, and others. We achieve compliance by using frameworks such as the GHG Protocol, to develop our methodology. You can find more information on the GHG protocol here. Communicate Results It is crucial to share your progress with Internal Stakeholders like employees, investors, board of directors and External Stakeholders like customers, vendors, regulators, and the public. Post your reports on your website, social media, press releases, and include it in annual reports. Reduce Build Reduction Plans Implement reduction strategies at the organizational level such as Energy Efficiency, Renewable Energy Procurement, Waste Reduction, and Purchasing Offsets. Encourage individuals to participate in sustainable behaviors using strategies like Education and Climate-Friendly Policies. Purchase and Develop Offsets Reduction is ALWAYS the preferred option, but Carbon Offsets can be a useful tool to offset the emissions you cannot reduce. High-quality Offsets can be purchased directly within the CarbonSuite platform, and the impact is recorded separately so you can measure your offsets against your emissions total. - Published: 2019-05-10 - Modified: 2025-11-12 - URL: https://carbon-suite.com/ Carbon Accounting, Built for NetSuiteCarbon Accounting & Sustainability Reporting. Built for NetSuite. CarbonSuite enables companies to automatically Record, Report, and Reduce their environmental impact. By integrating with your ERP system and using AI automation, CarbonSuite allows you to set your sustainability reporting on auto-pilot and focus on using these insights to make your business more sustainable – both environmentally and financially. Watch a DemoSee the Magic in Action! Fill out the form below and we’ll send the demo video straight to your inbox! Want a custom demo? Simply complete the form, and you’ll get an option to schedule your personalized session! Email * Please enter a valid email address. Name * Fill out this field Company Website Fill out this field Your Message Fill out this field Submit Start for FreeGet Started for Free! Fill out the form below to get started and receive your setup steps to unlock the full power of our SuiteApp! Email * Please enter a valid email address. Name * Fill out this field Company Website Fill out this field Your Message Fill out this field Submit The first and only Carbon Accounting SuiteApp that is Built for NetSuite. Easily integrate carbon accounting into your existing systems and processes. Carbon Accounting automation has never been so simple. Learn more Accountants will save the earth. Accountants play a critical role in fighting climate change. By measuring and reducing your company’s environmental impact, you can drive positive change and ensure a sustainable future for our planet, while also improving the bottom line. That’s why CarbonSuite is here to streamline your carbon accounting and sustainability reporting process. The power is in your hands. Join us today. Methodology We are on a mission to democratize carbon accounting. Using our methodology, organizations of all sizes can understand their carbon footprint for a fraction of the cost and time required by traditional methods. We’re here to streamline your carbon accounting process so that you can keep doing what you do. RecordStreamline your emissions data collection by leveraging ERP data and let our AI-powered calculation engine do the rest. Learn more ReportLeave the compliance to us! CarbonSuite is built on the GHG Protocol and compliant with the key global reporting frameworks (CSRD, ASRS, CCDAA, CDP, TCFD, GRI, ISSB). Learn more ReduceSet targets, build data-driven emission reduction plans, and offset the rest, all within one platform. Learn moreFeatures CarbonSuite will do the heavy lifting for you, so you can focus on what matters most – running your business, reducing your impact, and building sustainability throughout your organization. Corporate Carbon AccountingCollect data from financial transactions Calculate Scope 1, 2, 3 emissions Use AI to optimize data quality Learn more Sustainability DisclosureComply with your reporting framework Generate presentation-ready reports Communicate your results Learn more Reduction TargetsDevelop an emission reduction strategy Set emission reduction targets Validate reduction targets Learn more Product Carbon AccountingTrack product-level sustainability data Build lifecycle bill of materials Disclosure granular details Learn more Value ChainEnhance Scope 3 activity data collection Automatically manage vendor surveys Reduce Value Chain impact Learn more Carbon ManagementUnderstand your carbon footprint Reduce as much as possible Offset the rest Learn moreCarbonSuite is trusted by Customers with operations all over the world. Watch a DemoSee the Magic in Action! Fill out the form below and we’ll send the demo video straight to your inbox! Want a custom demo? Simply complete the form, and you’ll get an option to schedule your personalized session! Email * Please enter a valid email address. Name * Fill out this field Company Website Fill out this field Your Message Fill out this field Submit Start for FreeGet Started for Free! Fill out the form below to get started and receive your setup steps to unlock the full power of our SuiteApp! Email * Please enter a valid email address. Name * Fill out this field Company Website Fill out this field Your Message Fill out this field Submit - Published: 2015-08-26 - Modified: 2025-03-24 - URL: https://carbon-suite.com/blog/ FiltersCategoryResetCase Studies8Events1Industries2Promotional Products2Knowledgebase23Partnerships1Product Features3Reduction Strategies6Surveys1ApplyFilters One-Click Carbon Accounting: ESG Global’s Turnkey NetSuite IntegrationCase Studies2 months agoESG Global, a global energy solutions provider, needed a reliable and efficient way to measure and report greenhouse gas emissions across Scopes 1, 2, and 3. Increasing stakeholder pressure and... 5 Ways Accountants Can Accelerate Their Clients’ Net Zero JourneyKnowledgebase3 months agoAccounting has come a long way from simple bookkeeping. Today, accountants are strategic advisors, shaping profitability and sustainability initiatives that matter beyond the balance sheet. Technological advances, from ERP systems... Reporting Mandates Are Driving ERP Integration for Carbon AccountingKnowledgebase3 months agoWhen climate reporting mandates first landed, few welcomed them with open arms. CFOs braced for ballooning costs, employees dreaded spreadsheet drudgery, and many leaders doubted if compliance would deliver real... Netsuite HandbookKnowledgebase7 months agoContents1 Introduction2 1. Application Setup3 2. Plan3. 1 2. 1 Define Goals & Objectives3. 2 2. 2 Define Operational Boundary (Scopes)3. 3 2. 3 Define Reporting Requirements3. 4 2. 4 Set Targets3. 5 2. 5 Plan Resources4 Login to NetSuite5... Why Carbon Accounting Needs Utility Data and How to Use It Right! Partnerships8 months agoContents0. 0. 1 Accurate Data = Better Carbon Accounting1 Why Utility Data Matters in Carbon Accounting2 Manual Tracking Doesn’t Cut It Anymore3 Meet QMC: Metering Data You Can Trust4 Inside the CarbonSuite... Pai Skincare’s Path to SustainabilityCase Studies8 months agoBuilding brand value through transparent, auditable sustainability data. Contents1 OBJECTIVES2 SOLUTION3 BENEFITS3. 0. 1 Audit-Ready B Corp & Customer Reporting3. 0. 2 Strengthened Brand Value3. 0. 3 Increased Value Chain Engagement3. 0. 4 From Head of Product, NDP... B-Corp Certification: CarbonSuite’s Essential GuideKnowledgebase8 months agoIn today’s business landscape, success is increasingly measured not just by profit margins but by the positive impact companies have on society and the environment. Certified B Corporations, or B... Sustainability NetSuite Reporting Unlocks Business ValueKnowledgebase9 months agoContents1 Why Sustainability Is More Than Reporting for NetSuite Users2 The Business Value of Sustainability Inside NetSuite3 Meet CarbonSuite: Driving Business Value Through Sustainability4 How NetSuite Businesses Are Winning with... Load More Welcome to our blog! Here you can find CarbonSuite’s sustainability insights and strategies from industry experts. Stay up to date with what’s going on at CarbonSuite! You can find information regarding our recent projects in our Case Studies section. We also keep you up to date on our product, highlighting key updates in our Product Features section. We are committed to keeping you up to date on what’s happening in the world of sustainability. This is why we offer sustainability insights and strategies that will assist you on your reporting journey. In our Knowledgebase you can find detailed information on important global policy changes and reporting requirements. A comprehensive list of global reporting requirements can also be found on our Sustainability Disclosure Tracker. In combination with our reporting platform, CarbonSuite also offers strategies to reduce your environmental impact once it has been measured. We’ve built this in to our platform, so that you can easily develop a sustainability strategy based on your organization’s goals. You can find information on these strategies in our Reduction Strategies section. Thanks for visiting, and don’t hesitate to reach out with any questions. We hope you enjoy the blog and learn something new today! - Published: 2013-12-16 - Modified: 2025-04-21 - URL: https://carbon-suite.com/faq/ How does CarbonSuite work? CarbonSuite analyzes data that exists in your NetSuite ERP system and calculates your organization’s carbon footprint and other environmental data such as energy & water consumption, and waste generation. This greatly automates the sustainability reporting process, where data collection is a large burden on organizations today. CarbonSuite is a “SuiteApp” which is deployed into your NetSuite environment. All of your data stays in your NetSuite ERP system, so you don’t need another external system to manage your sustainability data. Is CarbonSuite available for non-NetSuite users? Yes! We have an API that can be deployed to your current system of record to calculate emissions. Contact us to discuss your use case. Do you offer support services? Yes! Our sustainability consulting team can help you get a handle on your carbon accounting process and guide you on data collection and emission reduction best practices. Send us an email to see how we can assist you. What is carbon accounting? Check out our Carbon Accounting 101 to learn all about Carbon Accounting and how it might affect your business. What is sustainability reporting? Sustainability reporting is the practice of disclosing and communicating an organization’s environmental, social, and governance (ESG) performance and impacts to various stakeholders. It involves reporting on the organization’s efforts and achievements in areas such as environmental sustainability, social responsibility, employee well-being, community engagement, human rights, diversity and inclusion, and ethical business practices. The most common reporting frameworks are GHG Protocol, CDP, TCFD, CSRD, GRI, and ISSB. Read our blog post about the history of sustainability reporting and where its at today. Is sustainability reporting mandatory? Depending on your region, you may be required to report on sustainability information. For example, the EU’s Corporate Sustainability Reporting Directive (CSRD) is a mandatory framework which affects EU-based organizations. There are also voluntary reporting frameworks such as CDP, ISSB, GRI, and ISSB. Reporting requirements are changing rapidly. That’s why we’ve developed a Sustainability Disclosure Tracker to keep you up to date on requirements in your region. Have your own question? Contact SupportSend us an email at info@carbon-suite. com. More Questions? Our experts are standing by and ready to discuss your requirements. Get in touch today! - Published: 2013-05-31 - Modified: 2025-03-11 - URL: https://carbon-suite.com/suiteconnect-sydney/ SuiteConnect Sydney Automate your carbon accounting and sustainability reporting, all within NetSuite. CarbonSuite is the first and only Built for NetSuite SuiteApp that helps NetSuite users Record, Report and Reduce their environmental impact. With CarbonSuite, Australian businesses can streamline compliance with sustainability disclosure requirements while unlocking new opportunities for efficiency and growth. MEET WITH USGet to Know CarbonSuite at SuiteConnect Sydney Book a Demo Can’t wait for the event? Learn what CarbonSuite is all about with a tailored demo from our team. See why customers all over the world are choosing CarbonSuite. BOOK A DEMONetSuite Experts Have questions related to NetSuite that you want to discuss at SuiteConnect? We’re not only passionate about sustainability, but we’re also NetSuite nerds. LET’S DISCUSS5 Star SuiteApp See for yourself why CarbonSuite is the #1 Sustainability SuiteApp for NetSuite. CarbonSuite is the first and only sustainability reporting solution built for NetSuite, by NetSuite experts. VIEW SUITEAPPMeet our Team at SuiteConnect Sydney Matt HoldenCEOCONNECTPoyan JadidianCIOCONNECTBrian HuiVP OperationsCONNECTContact Info info@carbon-suite. comSocial Media LinkedInGet in Touch with Us at SuiteConnect Sydney Your name * Fill out this field Email * Please enter a valid email address. Message Fill out this field Submit Trusted by Hear What Customers Are Saying About CarbonSuite “Great Product and Seamless Implementation” We had an amazing experience with CarbonSuite. Their team is knowledgeable, efficient, and passionate about helping companies implement carbon accounting. Process automation is crucial for our firm because we don’t have a dedicated in-house sustainability team. The SuiteApp is plug-and-play with NetSuite, and we calculated our entire 2023 carbon footprint within days of installing it. The product is easy to use and fits seamlessly into our NetSuite processes. Highly recommend CarbonSuite for anyone using NetSuite. “Great GHG Accounting Integration For NetSuite” The Carbon Accounting SuiteApp stands out as the only solution that truly integrates with NetSuite, empowering teams to take full ownership of GHG reporting. This level of integration is a game-changer, as it streamlines the entire process, making it more efficient and accurate. The technical knowledge and personality of the CarbonSuite team are unparalleled. They are not just service providers; they are partners in our journey towards a more sustainable future. If you’re seeking a robust, integrated GHG accounting solution within NetSuite, look no further than CarbonSuite. I would 100% recommend their services. Thank you, CarbonSuite, for making our GHG accounting process a breeze! “Best GHG Integration For NetSuite” I started working with the CarbonSuite team about a year ago with the intent of simplifying the GHG accounting process and automating calculations. The SuiteApp is the only one that actually integrates with NetSuite and allows accounting teams to take ownership of GHG reporting. They have been flexible and open to new ideas, and we have also managed to integrate the platform with other third-party apps, ultimately letting us create custom expense reports that capture emission data on flights, fuel usage, mileage, and more. This distribution of efforts in GHG accounting will ultimately enable us to track our impact while scaling operations. Excellent team both in technical knowledge and personality,I would 100% recommend and use again. “A Smooth and Productive Implementation” Embarking on our sustainability journey, we sought a solution to efficiently track emissions, which led us to CarbonSuite. Instead of opting for a separate system, we seamlessly integrated it with our ERP system, streamlining our processes. Thanks to this innovative approach, we not only met but also exceeded project deadlines. The responsive customer support further solidified our experience, ensuring a smooth and productive implementation. Check out more of our 5 star reviews on the SuiteApp Store - Published: 2013-05-31 - Modified: 2024-09-05 - URL: https://carbon-suite.com/offset-contest/ Contact Info info@carbon-suite. comSocial Media LinkedIn Trusted by Hear What Customers Are Saying About CarbonSuite “Great Product and Seamless Implementation” We had an amazing experience with CarbonSuite. Their team is knowledgeable, efficient, and passionate about helping companies implement carbon accounting. Process automation is crucial for our firm because we don’t have a dedicated in-house sustainability team. The SuiteApp is plug-and-play with NetSuite, and we calculated our entire 2023 carbon footprint within days of installing it. The product is easy to use and fits seamlessly into our NetSuite processes. Highly recommend CarbonSuite for anyone using NetSuite. “Great GHG Accounting Integration For NetSuite” The Carbon Accounting SuiteApp stands out as the only solution that truly integrates with NetSuite, empowering teams to take full ownership of GHG reporting. This level of integration is a game-changer, as it streamlines the entire process, making it more efficient and accurate. The technical knowledge and personality of the CarbonSuite team are unparalleled. They are not just service providers; they are partners in our journey towards a more sustainable future. If you’re seeking a robust, integrated GHG accounting solution within NetSuite, look no further than CarbonSuite. I would 100% recommend their services. Thank you, CarbonSuite, for making our GHG accounting process a breeze! “Best GHG Integration For NetSuite” I started working with the CarbonSuite team about a year ago with the intent of simplifying the GHG accounting process and automating calculations. The SuiteApp is the only one that actually integrates with NetSuite and allows accounting teams to take ownership of GHG reporting. They have been flexible and open to new ideas, and we have also managed to integrate the platform with other third-party apps, ultimately letting us create custom expense reports that capture emission data on flights, fuel usage, mileage, and more. This distribution of efforts in GHG accounting will ultimately enable us to track our impact while scaling operations. Excellent team both in technical knowledge and personality,I would 100% recommend and use again. “A Smooth and Productive Implementation” Embarking on our sustainability journey, we sought a solution to efficiently track emissions, which led us to CarbonSuite. Instead of opting for a separate system, we seamlessly integrated it with our ERP system, streamlining our processes. Thanks to this innovative approach, we not only met but also exceeded project deadlines. The responsive customer support further solidified our experience, ensuring a smooth and productive implementation. Check out more of our 5 star reviews on the SuiteApp Store - Published: 2013-05-31 - Modified: 2025-03-11 - URL: https://carbon-suite.com/carbon-accounting-ppai/ As part of our partnership, CarbonSuite is listed in the PPAI Sustainability Solutions Center. CarbonSuite is a certified NetSuite “SuiteApp” that automates carbon accounting and sustainability reporting, all directly within your NetSuite ERP system. Sustainability is becoming a key topic in the promo industry. More and more customers are pushing sustainability reporting requirements on promo companies, so we’ve been tracking in our Supplier Sustainability Policies Page. Because of this, we’ve even created an in-depth guide to sustainability in the promo industry to help get you started. Learn more about our solutions, methodology, and product features to determine if CarbonSuite is right for your business. Not sure if reporting is a requirement for your business? Then check out our Sustainability Disclosure Tracker where we highlight mandatory and voluntary sustainability reporting frameworks across the world. And it gets better! We are currently offering CarbonSuite at a discounted rate to PPAI members. That’s right – discounted Carbon Accounting solutions for PPAI members. Fill out the form on this page to learn more. Also, you can contact us directly to determine how we can help streamline your reporting needs. Still not sure if CarbonSuite is right for you? Then check out our 5 star reviews on the SuiteApp Store! Welcome PPAI Member! Please complete the form below and we will be in touch. Your name * Fill out this field Email * Please enter a valid email address. Message * Fill out this field Submit - Published: 2013-05-31 - Modified: 2025-04-17 - URL: https://carbon-suite.com/contact/ Contact Info info@carbon-suite. comSocial Media LinkedInYouTubeGet in Touch with Us Your name * Fill out this field Email * Please enter a valid email address. Message Fill out this field Submit Trusted by Hear What Customers Are Saying About CarbonSuite “Great Product and Seamless Implementation” We had an amazing experience with CarbonSuite. Their team is knowledgeable, efficient, and passionate about helping companies implement carbon accounting. Process automation is crucial for our firm because we don’t have a dedicated in-house sustainability team. The SuiteApp is plug-and-play with NetSuite, and we calculated our entire 2023 carbon footprint within days of installing it. The product is easy to use and fits seamlessly into our NetSuite processes. Highly recommend CarbonSuite for anyone using NetSuite. “Great GHG Accounting Integration For NetSuite” The Carbon Accounting SuiteApp stands out as the only solution that truly integrates with NetSuite, empowering teams to take full ownership of GHG reporting. This level of integration is a game-changer, as it streamlines the entire process, making it more efficient and accurate. The technical knowledge and personality of the CarbonSuite team are unparalleled. They are not just service providers; they are partners in our journey towards a more sustainable future. If you’re seeking a robust, integrated GHG accounting solution within NetSuite, look no further than CarbonSuite. I would 100% recommend their services. Thank you, CarbonSuite, for making our GHG accounting process a breeze! “Best GHG Integration For NetSuite” I started working with the CarbonSuite team about a year ago with the intent of simplifying the GHG accounting process and automating calculations. The SuiteApp is the only one that actually integrates with NetSuite and allows accounting teams to take ownership of GHG reporting. They have been flexible and open to new ideas, and we have also managed to integrate the platform with other third-party apps, ultimately letting us create custom expense reports that capture emission data on flights, fuel usage, mileage, and more. This distribution of efforts in GHG accounting will ultimately enable us to track our impact while scaling operations. Excellent team both in technical knowledge and personality,I would 100% recommend and use again. “A Smooth and Productive Implementation” Embarking on our sustainability journey, we sought a solution to efficiently track emissions, which led us to CarbonSuite. Instead of opting for a separate system, we seamlessly integrated it with our ERP system, streamlining our processes. Thanks to this innovative approach, we not only met but also exceeded project deadlines. The responsive customer support further solidified our experience, ensuring a smooth and productive implementation. Check out more of our 5 star reviews on the SuiteApp Store ## Posts - Published: 2025-12-02 - Modified: 2025-12-02 - URL: https://carbon-suite.com/one-click-carbon-accounting-esg-globals-turnkey-netsuite-integration/ - Categories: Case Studies ESG Global, a global energy solutions provider, needed a reliable and efficient way to measure and report greenhouse gas emissions across Scopes 1, 2, and 3. Increasing stakeholder pressure and evolving disclosure requirements made accuracy, automation, and auditability essential. CarbonSuite provided an integrated, end-to-end solution—combining software, automation, and expert advisory support—to simplify ESG Global’s annual reporting and reduce internal workload. Objectives ESG Global was looking for a solution that could: Accurately measure emissions across all scopes Reduce manual data collection and reporting effort Integrate seamlessly into existing finance and operational systems Support annual disclosure timelines with minimal internal lift Provide audit-ready calculations tied to transactional data Solution CarbonSuite + Carbon Accounting-as-a-Service To meet these goals, ESG Global implemented CarbonSuite to support end-to-end emissions reporting. CarbonSuite’s Carbon Accounting-as-a-Service model paired the software platform with expert advisory support to manage: Annual emissions calculations Methodology updates Automated data collection Reporting preparation This ensured ESG Global stayed compliant with evolving standards without adding internal workload. Concur + NetSuite Integration for Automated Travel Emissions A key improvement for ESG Global was the integration of Concur Expense with NetSuite. This enabled: Automated business travel emissions calculations Line-level audit trails Consistent, standardized reporting across teams and regions Benefits Integrated Directly Within NetSuite CarbonSuite runs natively inside ESG Global’s existing NetSuite instance, eliminating the need for separate systems or data migrations. This allowed the finance team to: View emissions data directly alongside financial and vendor records Rely on traceable calculations tied to NetSuite transactions Maintain a single source of truth across financial and carbon data Streamlined for Finance Teams Because CarbonSuite is built for non-technical users, ESG Global’s finance team was able to: Review and manage reports without IT dependency Navigate dashboards that follow audit-ready standards Use workflows tailored to their internal approval process The result was a smoother, faster, and more reliable emissions reporting cycle. Full-Service Support with Carbon Accounting-as-a-Service Turnkey annual emissions reporting fully managed by CarbonSuite’s experts. Automated data collection from NetSuite and connected systems to reduce manual effort. Continuous methodology and emission factor updates handled entirely by the CarbonSuite team. Audit-ready reporting preparation delivered each year with consistent, high-quality outputs. Minimal internal workload so finance and sustainability teams can focus on core priorities. Guaranteed alignment with evolving standards without requiring new in-house expertise. Customer Testimonial “Being able to track, manage and reduce our carbon footprint is a critical part of ESG’s sustainability initiatives and more broadly, the transition to a cleaner, smarter energy landscape. Working with CarbonSuite has allowed us to implement a streamlined emissions tracking and reporting solution that is tightly integrated into our business processes, and their Managed Service offering allows us to leverage the expertise of the CarbonSuite team to help us succeed in understanding and reducing our carbon footprint. Throughout the project the CarbonSuite team were knowledgeable, attentive and well-structured, ensuring the project stayed on track and aligned with our objectives. ” — Kate Barnes, Global Product Director for Market Products & ESG/CSR Strategy Lead Download Case Study - Published: 2025-11-04 - Modified: 2025-11-05 - URL: https://carbon-suite.com/5-ways-accountants-can-accelerate-their-clients-net-zero-journey/ - Categories: Knowledgebase Accounting has come a long way from simple bookkeeping. Today, accountants are strategic advisors, shaping profitability and sustainability initiatives that matter beyond the balance sheet. Technological advances, from ERP systems in the 1990s to cloud-based automation in the 2000s, freed accountants to focus on analysis and decision support. It’s no surprise that in 2025, 57% of finance leaders say their voices directly shape business strategy, reflecting just how critical accounting’s advisory function has become. Beyond financial performance, there’s another expanding frontier: sustainability. Accountants now play a pivotal role in guiding organizations along their net zero journey. At CarbonSuite, we have seen firsthand blending financial rigor with climate strategy can turn data into measurable impact. Here are five ways accountants can accelerate their clients’ path to net zero: Technology enablement Education and change management Green investment advisory Industry benchmarking Transparency and professional networking 1. Technology Enablement In 2025, over 70% of accounting firms report using digital tools for ESG or sustainability reporting. This is a dramatic jump from just a few years ago. Accountants can champion a net zero journey by implementing carbon accounting software, automation, and analytics tools that simplify emissions tracking and scenario modeling. By embedding ESG metrics directly into financial reporting frameworks, accountants help clients monitor carbon footprints, energy usage, and waste generation alongside traditional KPIs. These integrations turn sustainability data into auditable, actionable insights. Technology enablement enhances visibility, accountability, and investor confidence. The first step? Familiarize yourself with best-in-class accounting tools, including ESG reporting platforms. Once you identify tools you trust, you can advocate for adoption across client organizations. Accountants who embrace technology become sustainability evangelists, and they can empower firms to access data-driven insights that boost credibility and long-term value. 2. Education and Change Management Despite the momentum, many executives still view sustainability as a “nice to have” until shown otherwise. A net zero journey may not be on every company’s radar, but accountants can change that perception through education and evidence. By framing emissions reduction through a business lens, accountants turn abstract goals into measurable ROI. The key is to show how it cuts costs, strengthens resilience, and enhances brand equity. Resistance is natural. However, research shows that companies with structured change management in their ESG programs are three times more likely to meet their sustainability targets than those without. Through clear storytelling, financial translation, and accessible reporting, accountants can demystify sustainability, revealing inefficiencies that improve both performance and purpose. A standout example is Harmit Singh, Levi Strauss & Co. ’s CFO. As a CFO, Harmit was invited by Accounting for Sustainability (A4S) to join their organization. When Singh attended his first event, he only saw two U. S. CFOs participating. He helped launch the U. S. chapter and hosted its first workshop. Today, major companies like Salesforce and Caterpillar are A4S advocates. “We have all evolved, as a company, and as leaders, in response to the conditions we see around us. One of the biggest evolutions, for us and CFOs in general across industries, has been around sustainability. I wouldn’t be doing my job if I weren’t interested in sustainability and weren’t supporting it throughout the company,” Singh said in 2019, and he has continued that mission ever since. 3. Green Investment Advisory Once leadership recognizes sustainability’s business value, accountants can connect clients to practical solutions including green incentives, tax credits, and funding opportunities. Advising on renewable technologies, circular supply chains, or low-carbon business models allows accountants to calculate ROI, set goals, and embed sustainability into long-term strategy. The right technology stack makes these analyses efficient, enabling real-time measurement and reporting without burdening finance teams. With accountants leading the financial modeling, sustainability becomes a lever for growth rather than a cost center. Consider Tesla’s playbook. The company transformed environmental regulation into a profit engine. By producing zero-emission vehicles, Tesla accumulated carbon credits. They exceeded in its own regulatory requirements, and sold their carbon credits to automakers that fell short of emissions targets. Between 2019 and 2022, this generated over $2 billion in revenue and helped Tesla stay cash-positive while scaling production. Tesla’s approach demonstrates a key lesson, and that's sustainability isn’t philanthropy for them. It’s their core strategy. Few companies can replicate Tesla’s model directly, but the takeaway is clear. A net zero journey can generate both environmental and financial returns when paired with innovative accounting and policy insight. 4. Industry Benchmarks Many organizations hesitate to begin their net zero journey simply because they lack a reference point. Accountants can help by benchmarking against peers and highlighting tangible milestones that demystify the process. For instance: Remote workers in the US cut greenhouse gas emissions by up to 54% , largely by eliminating daily commute. Digital invoicing cuts paper use while improving cash flow, and raising on-time payment rates from 66% (paper) to 90% (e-invoice). Sustainable packaging initiatives can lower waste and water impacts. For example, If every beverage can in the U. S. were recycled, the economy could save more than $1 billion a year. Tracking and sharing these data points with practical examples turns “net zero” from an abstraction into a concrete, achievable roadmap. 5. Transparency and Professional Networking Trust is built through transparency and data-backed communication. Accountants can lead by designing rigorous sustainability audits that validate progress and ensure compliance with evolving disclosure standards. Engaging in professional networks such as Accounting for Sustainability (A4S), the CFA Institute, or the Global Association for ESG can be beneficial. These organizations keep practitioners current on best practices and amplifies their influence beyond client work. Sharing insights or results on social media platforms like LinkedIn or at industry events also helps position accountants as thought leaders driving climate accountability across the business community. Conclusion The race for a green future is more urgent than ever. By merging financial discipline with climate strategy, accountants can power the transition to a low-carbon economy. From embedding ESG insights into reporting to guiding sustainable investment, their forward-thinking advisory role has never been more vital. Transparent, technology-driven accounting doesn’t just measure impact. It accelerates a net zero journey. Looking to simplify sustainability reporting or benchmark your firm’s efforts? Connect with our team to explore sustainable accounting best practices and see how financial insight can fuel your net zero journey. - Published: 2025-10-21 - Modified: 2026-05-12 - URL: https://carbon-suite.com/reporting-mandates-are-driving-erp-integration-for-carbon-accounting/ - Categories: Knowledgebase When climate reporting mandates first landed, few welcomed them with open arms. CFOs braced for ballooning costs, employees dreaded spreadsheet drudgery, and many leaders doubted if compliance would deliver real value. But something surprising happened: CSRD, ASRS, and global disclosure rules didn’t just force compliance. The mandates lit a fire for process innovation, technology adoption, and culture shifts across finance and operations. This ultimately led to ERP integrations for carbon accounting. Why Mandates Are Changing the Game The EU’s CSRD requires thousands of companies to disclose Scope 1–3 emissions with audit-level assurance starting in 2025. California’s SB 253 and SB 261 add further weight, mandating climate disclosure and climate-related financial risk reporting for thousands of U. S. companies. Meanwhile, Canadian and global standards are converging in real time. For business leaders, the message is clear: sustainability data must meet the same standards as financials. Excel and manual reporting cannot deliver what’s needed, which are accuracy, auditability, traceability, and speed. Even if your business is not mandated by one of the above frameworks, these expectations may extend to you through the supply chain. Suppliers may be required to provide verifiable sustainability data. Therefore, being ready to deliver accurate and auditable information will be essential for compliance. It will also be beneficial for maintaining competitiveness and trusted relationships in the value chain. Three Paths Companies Take, But Only One Scales As regulations have rolled out, companies have responded in very different ways: Delegating to Finance Only: Some leave sustainability reporting to accounting treating emissions like “just another reconciliation. ” This keeps costs low but often leads to errors and misses the mark on audit-readiness. External Auditors on Call: Others turn to consultants, paying big fees for sustainability reporting and assurance. While this covers compliance, it undermines the cost-saving promise of true sustainability. Automation & ERP Integration: The leaders embed sustainability reporting SaaS into ERP systems like NetSuite. These tools pull data from business processes as they happen, automate emissions calculations, and create an always-ready data environment built for compliance and agility. Among these, embracing the third option is quickly becoming the norm. In other words, as mandates evolve ERP integration for carbon accounting is no longer optional. Why Manual Methods Can’t Compete Calculating a company’s carbon footprint is inherently tedious and error-prone. To begin with: Scope 1 emissions (direct fuel use) require granular operational data. Meanwhile, Scope 2 (electricity) must be linked to regional emissions factors. Furthermore, Scope 3 (supply chain) involves hundreds of suppliers, often with incomplete data. In practice, finance teams using legacy methods export ERP data into Excel spreadsheets and build macros to automate the process. Although workable at small scale, this method is brittle. Over time, formulas break, errors creep in, and version control becomes a nightmare. As a result, manual processes expose companies to costly mistakes, reputational risks, and even accusations of greenwashing (H&M, Volkswagen, BP). Ultimately, whether intentional or not, these errors have damaged public trust and caused PR crises. Moreover, as mandates expand, and regulators demand audit-level accuracy, spreadsheets simply can’t keep up. In contrast, modern tools like CarbonSuite offer double materiality assessment, value chain mapping, and automated ESG data triangulation. These are key for CSRD and ESRS compliance. In essence, these mandates have pushed companies to look for solutions automating their sustainability reporting workflow. (Note: Materiality assessment is a comprehensive evaluation of a company's sustainability performance that examines both how the company's actions affect the environment and society. ) The Business Case for ERP Integration for Carbon Accounting ERP is where operational, financial, supply chain, and procurement data already lives. Businesses adopting ERP integration for carbon accounting, benefit from: Centralized, real-time data: Transaction-level insight, from invoices to supplier spend. Audit-ready workflows: Controls, versioning, traceable emissions mapping. Automated compliance: Generate mandated reports (CSRD, ASRS) in clicks, not weeks. Strategic scenario analysis: Instantly see how supply or process changes impact emissions and costs. By aligning sustainability and financial data, CFOs and sustainability leaders can budget, forecast ROI, make investment decisions, and respond quickly to RFP and customer requirements. Case in Point: Pai SkinCare’s Glow Up Pai Skincare turned to CarbonSuite’s NetSuite integration after realizing consultant-driven compliance was slow, stressful, and expensive. In addition to internal goals, Pai Skincare faced increasing pressure from large retail partners like Sephora to provide auditable ESG data as part of their procurement requirements. Meeting these expectations required a scalable, verifiable, and integrated approach to emissions reporting and supplier engagement. Within a year, they: Mapped carbon-heavy processes in real time Found and executed on energy/cost savings Cut external consulting spend Delivered audit-ready reports with less staff time and disruption Companies embedding sustainability tech directly into financial and operational workflows gain both compliance and competitive advantage. They are transforming mandates from a box-check to a value-driver. Mandates as a Catalyst, Not a Cost Mandates are merging financial and ESG reporting and enterprise tech is responding: CSRD (EU): Approximately between 5,000-10,000 companies must provide assurance-ready emissions disclosures starting from 2025, reflecting updated scope thresholds ASRS (Australia): From 2025, significant Australian entities meeting size and revenue criteria must comply with Australian Sustainability Reporting Standards, focusing on consistent, auditable sustainability disclosures. SB 253 & 261 (California, U. S. ): These laws require thousands of California-based companies to report climate risks and emissions, mandating transparent, verifiable sustainability data aligned with state climate goals. ISSB & Global Standards: Consistent, auditable frameworks on the rise CBAM (EU): Tariffs linked to carbon footprint require ironclad data flows Tech has filled the gap: ERP-integrated SaaS solutions now automate evidence collection, scenario planning, and long-term tracking, making ESG data as reliable as financials. From Burden to Business Growth Mandates forced action, but integration delivers true ROI: Efficiency Gains: Automating calculations reduces employee stress and manual workload. Cost Savings: According to the IEA, manufacturers adopting efficiency-driven practices cut energy costs by 15% in just a few years. Investor Trust: Transparent disclosures now unlock capital, contracts, and loyalty. For example, Sephora reportedly asks its portfolio brands for ESG data, and SaaS solutions have helped companies like Pai Skincare respond effectively. Customer Loyalty: Consumers increasingly reward companies with verifiable sustainability practices. Competitive Edge: RFPs and supplier scorecards increasingly hinge on accurate, auditable ESG. More RFPs require sustainability disclosures, and SaaS solutions have made supplier collaboration on shared sustainability goals easier. This is where smart CFOs and finance teams are heading: from compliance to operational advantage and strategic impact. Conclusion: ERP Integration for Carbon Accounting Matters For finance and tech leaders, and NetSuite experts, sustainability reporting is no longer a CSR project. It’s a core financial and operational mandate. Companies that seize this moment, embedding sustainability data into ERP, are not just meeting regulatory demands. They’re building the muscle to win, grow, and lead for the long term. Curious how NetSuite leaders get ahead? Book a demo with CarbonSuite. - Published: 2025-06-24 - Modified: 2026-01-28 - URL: https://carbon-suite.com/netsuite-handbook/ - Categories: Knowledgebase - Tags: carbon accounting, netsuite Introduction Your organization has enormous potential to solve climate change. Carbon Accounting is a powerful tool that equips organizations like yours with the data and insights to reduce greenhouse gas (GHG) Emissions and slow down the impacts of a warming planet. Done effectively, Carbon Accounting: Creates a clear picture of the GHG Emissions entering into the atmosphere Provides data transparency to demanding stakeholders (investors, customers, employees, regulators, activists) Sends demand signals throughout the the entire economy to reduce Emissions, which drives down the cost of new technologies that further reduce emissions Changes the culture on sustainability from the bottom up CarbonSuite is built on the GHG Protocol methodology, the global standard for GHG Emission calculations. To learn more about our methodology, please Get in touch. Congratulations on taking the first step! This handbook is a guide to enable your organization to measure, record, report, and reduce its emissions, all within the CarbonSuite platform. If you have not already, be sure to read our Carbon Accounting 101 blog post and review this overview video. Let’s get started! 1. Application Setup The steps for the initial NetSuite setup of the Carbon Accounting SuiteApp are outlined in the “CarbonSuite_Application Setup” document. Once you have finalized your purchase of the application, you will receive a copy of this checklist. Important: The CarbonSuite Application Setup Checklist is the first step in the process. If you have not completed the checklist, you will not be able to proceed to the next step. 2. Plan 2. 1 Define Goals & Objectives Why is your organization interested in tracking and reducing Emissions? Consider the following business benefits of Carbon Accounting. Prioritize this list and communicate the benefits throughout your organization: Reduced energy costs Supply chain optimization Increased brand value Increased employee retention Increased access to capital Compliance with reporting regulations Management of climate risks and opportunities 2. 2 Define Operational Boundary (Scopes) Where do your organization’s Emissions come from? Emission sources of all seven major GHGs are accounted for in your Operational Boundary: CO2, CH4, N2O, HFCs, PFCs, SF6, and NF3. Based on key characteristics of emissions sources, such as the control the organization has to affect them, the GHG Protocol organizes sources into the following three scopes: Scope 1: Emissions from sources that the organization owns or controls, like natural gas-fired furnaces or vehicle fleets. These are also called direct emissions. Scope 2: Emissions that are a consequence of the operations of the organization but occur at sources owned or controlled by another organization. These are most typically electricity, heat, or steam. These are also called indirect emissions. Scope 3: Indirect emissions that are not covered in scope 1 or 2, including business travel, employee commuting, and product transport. (Source: US EPA) Which Scopes will your organization focus on when recording emissions? All reporting frameworks require Scope 1 and Scope 2 to be recorded in full, and most frameworks require material Scope 3 emissions to be recorded. Each Scope is further grouped by Emission Category. In your analysis, consider which of these categories are the most impactful to your business operations and prioritize them first: Scope 1: Direct Greenhouse Gas Emissions Stationary Combustion: Emissions from the burning of fossil fuels (e. g. natural gas, coal, oil) for heating, electricity or industrial processes. Process Emissions: Emissions from chemical reactions occurring in industrial processes (e. g. nitrous oxide emissions from fertilizer production). Mobile Combustion: Emissions from vehicles, such as cars and trucks, and other mobile sources (e. g. trucks, ships and airplanes). Fugitive Emissions: Emissions from unintentional leaks of planet-warming gasses or liquids (e. g. leaks from refrigeration equipment). Agriculture Emissions: Emissions from livestock (e. g. manure management and enteric fermentation) and from crop cultivation. Scope 2: Indirect Greenhouse Gas Emissions Purchased Energy: Emissions from the generation of electricity, heat or steam that is purchased by an organization and used in its operations (e. g. electricity purchased from the grid). Scope 3: Other Indirect Greenhouse Gas Emissions Purchased Goods and Services: Emissions from the extraction, production, storage, and delivery of goods and services purchased by an organization (e. g. Emissions from material suppliers). Capital Goods: Emissions from the extraction, production storage, and delivery of capital assets purchased by an organization (e. g. Emissions from asset suppliers). Fuel and Energy Related Activities: Emissions from the extraction, production and distribution of fuel and energy that is used by an organization. These Emissions occur upstream from the purchase of the fuel and energy (e. g. emissions from oil refining). Upstream Transportation and Distribution: Emissions from the transportation and distribution of goods and materials used by an organization (e. g. Emissions from transporting raw materials to a factory). Waste Generated in Operations: Emissions from the treatment and disposal of waste generated by an organization's operations (e. g. Emissions from trash that is picked up on site and delivered to a landfill). Business Travel: Emissions from travel related to business activities (e. g. Emissions from air travel, car rentals, or hotel stays). Employee Commuting: Emissions from employees commuting to and from work (e. g. Emissions from driving a car to work or energy consumed while working from home). Upstream Leased Assets: Emissions from the extraction, production storage, and delivery of assets that an organization leases rather than owns (e. g. Emissions from producing a leased car). Downstream Transportation and Distribution: Emissions from the transportation and distribution of products after they are sold (e. g. Emissions from delivering finished products to customers). Processing of Sold Products: Emissions from processing products after they are sold (e. g. emissions from refining crude oil into gasoline). Use of Sold Products and Services: Emissions from the use of sold products and services (e. g. fuel consumption from a sold vehicle, energy use from using a laptop computer). End of Life Treatment of Sold Products: Emissions from disposing of or recycling sold products (e. g. Emissions from disposing used clothes into a landfill). Downstream Leased Assets: Emissions from assets that are leased to customers after they are sold (e. g. Emissions from a leased car). Franchises: Emissions from franchise operations that are not directly owned or controlled by an organization (e. g. Emissions from a franchised fast food restaurant). Investments: Emissions from investments in other companies or organizations (e. g. Emissions from an organization's portfolio of investments in all types of companies). Water: Emissions from the consumption and treatment of water within an organization’s facilities (e. g. water consumption, water treatment). 2. 3 Define Reporting Requirements How do you plan to report your emissions? Sustainability Reporting is a vast topic that varies depending on your organization’s size, region, industry, and public vs. private status. In recent years, reporting frameworks have largely consolidated into a few key frameworks. Our Climate Disclosure Tracker has up-to-date information regarding the key global frameworks, please follow the link here to review. 2. 4 Set Targets Do you plan to set Emission Reduction targets or Net Zero Targets? If no, then continue through the Handbook. If yes, the consider one of the frameworks below: Science Based Targets Initiative Race to Zero Campaign SME Climate Hub Certified B-Corp Note, you cannot set targets without first having a base year established. This is a prerequisite. Your target will be relative to your base year, so without a base year, there cannot be a target. 2. 5 Plan Resources Who in your organization will be in charge of managing Carbon Accounting? For small companies, carbon accounting may be the responsibility of a designated sustainability officer or a finance/accounting professional. For medium-sized companies, a dedicated sustainability department may be established to manage carbon accounting, while the finance/accounting department will provide support. For large companies, it is common to have a dedicated sustainability department that oversees carbon accounting, with support from operations and finance/accounting departments. The CEO/C-suite executive may also play a role in providing strategic direction and ensuring the implementation of carbon accounting practices throughout the organization. Carbon Accounting, like Financial Accounting, is an ongoing task. At the minimum, CarbonSuite will require 1 person to be the “Carbon Controller. ” This individual will be the process owner for Carbon Accounting, just like the Corporate Controller is the process owner for Financial Accounting. This individual will work with stakeholders throughout the business and in your organization’s value chain to collect emissions data and validate the results. In companies of all sizes, business users will be engaged to participate in the carbon accounting process. Specifically, employees will be required to track additional data on Expense Reports, and the Accounting Department will be required to track additional data on Vendor Bills and Credit Card Transactions. It is important to communicate with these stakeholders early and often to ensure change management is effectively implemented. Login to NetSuite Type your email address Type your password Click on Log In Login to NetSuite under the “CS - Carbon Controller” role 3. Setup Carbon Accounting 3. 1 Setup GHG Periods A GHG Period is a concept similar to financial accounting periods, but it is used for recording Carbon Accounting related transactions. It is a time frame during which an organization's Emissions performance is measured and reports are prepared. The GHG period allows for a systematic and organized disclosure of your organization's Emissions. IMPORTANT: you will not be able to calculate emissions until a GHG Period is set up for the corresponding date range. Ensure that you set up GHG Periods for each month / year in which you are performing carbon accounting. Navigate to Carbon Accounting > Dashboard > Open Click on Setup Click on GHG Periods Click on Add GHG Year Type a Name Name: The year you are creating GHG Periods for (Ex: 2023) Type a Start Date Start Date: The start date of the year (Ex: 1/1/2023) Type an End Date End Date: The start date of the year (Ex: 12/31/2023) Click on Save 3. 2 Setup Organizational Boundaries Which Subsidiaries / Legal Entities should be included in the “Emissions” of your organization? You can choose from 3 options: Equity Share Approach Focuses on the ownership of companies Account for GHG emissions according to your share of equity in the organization. The equity share reflects economic interest, which is the extent of rights your organization has to the risks and rewards flowing from an organization. This approach is typically aligned with your percentage ownership of the organization. If percentage ownership is not used, economic substance overrides legal ownership of the organization (how much the parent organization benefits from the operations is more important than their legal ownership). Financial Control Approach Focuses on the financial control over an organization You have financial control over the organization if the former has the ability to direct the financial and operating policies of the latter with a view to gaining economic benefits from its activities. Financial control usually exists if you have the right to the majority of benefits of the organization, however these rights are conveyed. Similarly, you are considered to financially control an organization if you retain the majority risks and rewards of ownership of the organization’s assets. Operational Control Approach Your organization has operational control over an organization if the former or one of your subsidiaries has the full authority to introduce and implement its operating policies at the organization. Your organization accounts for 100% of emissions from operations over which it or one of its subsidiaries has operational control. On the left navigation pane, click the Setup dropdown and select Organizational Boundaries Click on New CS - Organizational Boundary Click on SUBSIDIARY * Select a Subsidiary Click on APPROACH * Select a Control Approach Check Financial Control, Operational Control, and Populate the Equity Share % as needed Click Save 3. 3 Setup Base Year Policy A base year in Carbon Accounting refers to a specific year that is selected as a reference point for measuring the changes in an organization's Emissions over time. The base year serves as a starting point for tracking the organization's greenhouse gas (GHG) emissions and setting goals for reducing emissions. For example, if an organization selects the year 2020 as its base year, it will measure its GHG emissions in 2020 and use this as the baseline for comparison with its emissions in future years. Which year will you choose as your Base Year? Choosing a Base Year Most companies select a single year as the base year, but it is possible to choose an average of annual emissions over several consecutive years. If an average is used, the Base Year averaging should be done only on consecutive years, without gaps. The base year should be the earliest relevant point in time for which you have available data. A recent base year is usually preferred as it provides more accurate data and allows the organization to reflect the most recent changes in its operations and emissions. To be eligible to submit a target with Science Based Targets Initiative, your Base Year must be 2015 or later. Reasons for Recalculating Base Year Emissions Structural Changes: Involves the transfer of ownership or control of emissions-generating activities or operations from one organization to another Have a significant impact on a organization’s base year emissions Examples: Mergers, acquisitions, divestments, Outsourcing and insourcing of emitting activities If a structural change happens in the middle of the year, base year emissions need to be recalculated for the entire year, not just the amount of time remaining in the year Changes in calculation methodology or improvements in the accuracy of emission factors or activity data that result in a significant impact on the base year emissions data Discovery of significant errors, or a number of cumulative errors, that are collectively significant Improvements in data accuracy or calculation methodology if the changes are significant Each organization must establish a recalculation policy which describes in what scenarios recalculation will be required If applicable, the policy shall state any “significance threshold” applied for deciding on historic emissions recalculation. “Significance threshold” is a qualitative and/or quantitative criterion used to define any significant change to the data, inventory boundary, methods, or any other relevant factors. The GHG Protocol doesn’t specify a significance threshold but some frameworks do. The typical significance threshold is 5%. Reasons NOT to Recalculate Base Year Emissions Facilities that did not exist in the base year Outsourcing / Insourcing that is captured under Scope 1 or 2 Organic growth or decline: Increases or decreases in production output, changes in product mix, and closures and openings of operating units that are owned or controlled by the organization Changes that do not have a large enough impact to hit the significance threshold Navigate to Carbon Accounting > Application Setup > Setup Select the CS - Setup record you created during the Application Setup Checklist. Click on Edit. Type a Base Year Rationale Type a Base Year Recalculation Policy Type a Base Year Calculation Threshold Click Save 3. 4 Setup Item Records NOTE: This step is only required if you are creating any Emission Sources that use the “Per Unit Purchased” Activity Type. This Activity Type is used to calculate Emissions based on the quantity of Items purchased on purchase transactions. You may want to return to this step after you have decided which Items will be used for Emission Source Mapping in Steps 4. 1. NOTE: The CS - Carbon Controller does not have access to Edit Item records for security reasons. In order to perform the steps below, you will need to access NetSuite in a role that has access to Edit Item records. Login to NetSuite under a role that has access to Edit Item records Navigate to an Item record Navigate to an Item record. Open in Edit Mode. Click on the Carbon Accounting subtab Populate the Emission Conversion Rate (Per Base Unit) field Emission Conversion Rate (Per Base Unit): This is the rate which is used to convert the Number of Units Purchased for this particular item. This will be used to convert the Base Unit of the Units Type selected on this Item to the CarbonSuite Unit for Emission calculation. Populate the Emission Conversion Unit (Per Base Unit) field Emission Conversion Unit (Per Base Unit): This is the unit of the rate which is used to convert the Number of Units Purchased for this particular item. This will be used to convert the Base Unit of the Units Type selected on this Item to the CarbonSuite Unit for Emission calculation. Click Save NOTE: You can also update these field via CSV Import 3. 5 Setup NetSuite Transaction Field Filtering There are 6 fields that will be deployed onto NetSuite Transaction lines as part of the CarbonSuite SuiteApp: Activity Amount Activity Unit Fuel Type Emission Source Emissions Amount (CO2e) Emissions Unit (CO2e) 3 of these fields, Activity Unit, Fuel Type, and Emission Source are filtered by a field that exists on the corresponding custom record, "Allow on NetSuite Transaction. " This is a check box that when checked, the corresponding record (Activity Unit, Fuel Type, Emission Source) is shown in the field dropdown with the same name on the NetSuite Transaction. This "Allow on NetSuite Transaction" can be updated in the user interface or via CSV import. By checking this box, you are allowing specific Activity Units, Fuel Types, and Emission Sources to show on the NetSuite Transaction line for selection by users. The navigation path for each record under the CS - Carbon Controller role is as follows: Activity Unit: Carbon Accounting > Lists > Units > Edit record (or export CSV, edit in CSV, then reimport) Fuel Type: Carbon Accounting > Lists > Fuel Types Edit record (or export CSV, edit in CSV, then reimport) Emission Source: Carbon Accounting > Lists > Emission Sources Edit record (or export CSV, edit in CSV, then reimport) OR use the user interface described in step 4. 1. 3 Emission Source User Interface. IMPORTANT: If you do not check the "Allow on NetSuite Transaction" checkbox on these records, no values will show in the corresponding transaction line fields on the NetSuite Transactions. If you are planning to capture Activity Data on NetSuite Transactions, it is critical that you check this box on relevant records. 4. Record 4. 1 Identify Emission Sources The “Emission Source” record is a very important record within the CarbonSuite platform. The Emission Source serves the following main purposes: Grouping Emissions into Categories Mapping the NetSuite data structure to the CarbonSuite data structure. The Emission Source is similar to an “Item” record in NetSuite. It stores critical data fields required to make Emission calculations, and it links to a NetSuite master data record (Subsidiary, Location, Vendor, Item, Expense Category, Account) which allows the Emission Workbench feature to link the Emission Source to NetSuite transaction records. 4. 1. 1 Emission Source Mapping - NetSuite Data Navigate to Carbon Accounting > Saved Searches > Emission Source Mapping This is a saved search to assist with Emission Source mapping. The search shows all of the Vendor Bills, Expense Reports, and Credit Card Transactions in the system that have NOT been used in an existing emission calculation. IMPORTANT: The Subsidiary and Location fields are not included in the standard Emission Source Mapping saved search. If you need to map your Emission Sources to Subsidiaries and Locations, you will need to edit the search to add the fields. To do this, click Edit this Search > click the Results subtab > add the required field(s) to the list > and click Save As. PLEASE NOTE: As part of the CarbonSuite implementation, you may customize the Emission Source Mapping Saved Search and saved a new version of it. If that is the case, you will need to navigate to this custom Saved Search directly, rather than using the Carbon Accounting > Saved Searches > Emission Source Mapping navigation outlined below. Click on Expand/Collapse filters Type a From Date Type a To Date Click on Export - Microsoft Excel Identify Emission Sources This feature enables you to generate a list of all the Vendor Bills, Expense Reports, and Credit Card Transactions in the system that have NOT been used in an existing emission calculation and do NOT have a corresponding emission source already maintained. This situation arises whenever a new Vendor, Item, Account, etc. has been created and used in a new Transaction after the last execution of the Emission Workbench. Login to NetSuite under the “CS - Carbon Controller” role. Navigate to Carbon Accounting > Dashboard > Open Untitled step \ Click on Record Click on Emission Sources Click on Add Click on Identify Emission Sources Search for the name of the Saved Search that was created or used in Step 4. 1. 1. Click on Run The CarbonSuite SuiteApp will automatically navigate to the Download Results page, where the Run instance will progress through stages: Queued > Processing > Completed NOTE: If the Saved Search was customized, ensure that at least one of the fields has Summary Type = “Group”, otherwise it will error. Click on Download under Results Prepare the CSV File Populate the following fields with data as required. You can find the list values for each field by navigating to Carbon Accounting > Lists: Name Emission Category Source Type Scope Activity Type Fuel Type Fuel Efficiency Fuel Efficiency Unit Year of Manufacture Country State / Region / Province Emission Factor Country Emission Factor State / Region / Province Zip / Postal Code Calculation Approach Unit Gas Custom Emission Factor Emission Factor Database Save the Excel file as a Comma Separated Values (. csv) file. Proceed to Step 4. 1. 4 to import the CSV file. AI-driven Recommendations (Beta) The following fields will be populated to assist in selecting a suitable source type: CS_Source_Type_Recommendation CS_Recommendation_Reason CS_Recommendation_Confidence CS_Considered_Alternatives Copy the contents of CS_Source_Type_Recommendation to Source Type if deemed appropriate 4. 1. 2 Emission Source Mapping - Activity Data Determine if there are any Emission Categories for which you have direct Activity Data that you are not planning to capture in NetSuite. Some examples are below: Mileage data from company-owned assets Fuel use data from company-owned assets Utility data (Electricity, Gas, Waste, Water) Employee Commuting data Refrigerant Leak data Purchased Goods and Services data collected directly from Vendors Data from Downstream Emission Categories where the data is outside of NetSuite: Downstream Transportation and Distribution Processing of Sold Products Use of Sold Products End of Life Treatment of Sold Products Downstream Leased Assets To track emissions for any of these examples, you will need to create Emission Sources. You can either create Emissions in the User Interface via Step 4. 1. 3 or via CSV Import via Step 4. 1. 4. 4. 1. 3 Emission Source User Interface Login to NetSuite under the “CS - Carbon Controller” role. Navigate to Carbon Accounting > Dashboard > Open Click on Record Click on Emission Sources Click on Add Click on New Populate the following data fields: Name: A unique name for this Emission Source to be used for searching, example: “Purchased Electricity - Utility Vendor 1. ” Emission Category: These are the GHG Protocol categories that are outlined in the 2. 2 Define Operational Boundary (Scopes) section of this Handbook. After Scope, the Emission Category is the second level grouping of emissions. Emission Categories represent categories of emissions similar to the GHG protocol that enables reporting of an organization's emissions under the GHG Protocol. This field drives the user experience and controls drop down values available under Activity Type. Scope: Specify the GHG Protocol scope in which the emission belongs. This field will be auto-populated from the Emission Category field. Subsidiary: The NetSuite Subsidiary in which this Emission Source belongs. Each Subsidiary represents an element of your "Organizational Boundary. " IMPORTANT: Any NetSuite transactions that use this record will be matched to this Emission Source when the Emission Workbench feature is executed, and GHG Transactions will be created using the populated on the Emission Source. Item: The NetSuite Item that this Emission Source maps to. IMPORTANT: Any NetSuite transactions that use this record will be matched to this Emission Source when the Emission Workbench feature is executed, and GHG Transactions will be created using the populated on the Emission Source. Account: The NetSuite GL Account that this Emission Source maps to. IMPORTANT: Any NetSuite transactions that use this record will be matched to this Emission Source when the Emission Workbench feature is executed, and GHG Transactions will be created using the populated on the Emission Source. Location: The NetSuite Location that this Emission Source maps to. If the Country, State, and Zip Code fields are populated on the Location record in NetSuite, they will be auto-populated onto the Emission Source form. IMPORTANT: Any NetSuite transactions that use this record will be matched to this Emission Source when the Emission Workbench feature is executed, and GHG Transactions will be created using the populated on the Emission Source. Expense Category: The NetSuite Expense Category that this Emission Source maps to. IMPORTANT: Any NetSuite transactions that use this record will be matched to this Emission Source when the Emission Workbench feature is executed, and GHG Transactions will be created using the populated on the Emission Source. Vendor: The NetSuite Vendor that this Emission Source maps to. IMPORTANT: Any NetSuite transactions that use this record will be matched to this Emission Source when the Emission Workbench feature is executed, and GHG Transactions will be created using the populated on the Emission Source. Calculation Approach: This field defines how Emissions will be calculated for this Emission Source. Choose from the following options: Custom Emission Factors: Select this value if you want to calculate emissions using a Custom Emission Factor that you set up in CarbonSuite via Setup > Custom Emission Factors. If this value is selected, emission calculations will NOT use the Standard Emission Factors that CarbonSuite maintains in the database. Standard Emission Factors: Select this value if you want to calculate emissions using CarbonSuite’s database of global Emission Factors. The exact Emission Factor Database can be selected in the “Emission Factor Database” field. Direct Gas Emissions: Select this value if you want to record emissions for this Emission Source by directly entering the greenhouse gas impact. If this field is selected, you will need to specify the “Gas” that is being recorded. Emission Factor Database: Select the database that you want to use to calculate emissions. This is a list of public and private databases that CarbonSuite manages on behalf of users of the application. Best practice is to choose the Emission Factor Database that is used in the region of the Emission Source, but sometimes data is unavailable. In cases where Emission Factor data is unavailable, you are able to select an Emission Factor Database from a different region. Activity Type: This field is filtered by the “Emission Category” selected. The Activity Type helps define the type of activity data that are expected on GHG Transactions. The activity type controls which set of formulas (engine) is appropriate to leverage for calculations based on the information available from the NetSuite transactions or emission activity data. The Activity Type indirectly determines different "Emission Factors" used to determine resulting emissions. Source Type: This field is filtered by the Emission Factor Database and The Activity Type fields. The Source Type is a reference to the physical asset that this Emission Source represents. Note, the Source Type is not mandatory in some cases and will not have any values in other cases, depending on the availability of data in the respective Emission Factor Database. Fuel Type: This field is filtered by the Emission Factor Database and The Activity Type fields. The Fuel Type is used in calculations where a fuel was burned to execute the activity. Note, the Fuel Type is not mandatory in some cases and will not have any values in other cases, depending on the availability of data in the respective Emission Factor Database. Custom Emission Factor: This field is only required if the Calculation Approach is “Custom Emission Factors. ” This field allows you to map an Emission Source to a Custom Emission Factor that is specific to your organization. You can set up Custom Emission Factors via the Home Dashboard > Setup > Custom Emission Factors. Gas: This field is the exact greenhouse gas that is emitted for this Emission Source. This field is only required if the Calculation Approach is “Direct Gas Emissions. ” This list is driven by greenhouses that are included in the Kyoto Protocol. Unit: The unit of the Emission Source’s emission-generating activity (in cases where Calculation Approach = “Standard Emission Factors” or “Custom Emission Factors”) OR the unit of greenhouse gas emissions generated by this Emission Source (in case of Calculation Approach = “Direct Gas Emissions”). Year of Manufacture: This field is only required if Activity Type = “Distance” and is used for precise calculations when the data entered is in Distance units (ex: miles or kilometers traveled). Fuel Efficiency: This field is only required if Activity Type = “Distance” and is used for precise calculations when the data entered is in Distance units (ex: miles or kilometers traveled). Enter the amount of the Fuel Efficiency of the vehicle in the units specified in the “Fuel Efficiency Unit” field. Fuel Efficiency Unit: This field is only required if Activity Type = “Distance” and is used for precise calculations when the data entered is in Distance units (ex: miles or kilometers traveled). This is the unit that reflects the amount populated in the “Fuel Efficiency” field. Country: The Country that this Emission Source maps to, used for reporting purposes. State / Region / Province: The State / Region / Province that this Emission Source maps to, used for reporting purposes. Zip / Postal Code: The Zip / Postal Code that this Emission Source maps to, used for reporting purposes. This is required for Scope 2 Emissions in order to calculate emissions using the grid location calculation methodology. Emission Factor Country: The Country that is used for Emission Factor Database lookups. This field will auto-populate after the “Emission Factor Database” field is selected if that Emission Factor Database is linked to a specific Country. This field allows users to use Emission Factors from Databases that are not in the same Country as the Emission Source being recorded. Emission Factor State / Region / Province: The State / Region / Province that is used for Emission Factor Database lookups. This field will auto-populate after the “Emission Factor Database” field is selected if that Emission Factor Database is linked to a specific State / Region / Province. This field allows users to use Emission Factors from Databases that are not in the same State / Region / Province as the Emission Source being recorded. Allow on NetSuite Transaction: Check this box to show this Emission Source on the NetSuite transaction line. If this box is checked, this Emission Source will appear in the "Emission Source" dropdown list on the NetSuite transaction line. If this box is NOT checked, this Emission Source will not appear in the "Emission Source" dropdown list on the NetSuite transaction line. Enable AI Scan: Check this box to allow this Emission Source to be considered by CarbonSuite's "AI Scan" feature, which analyzes data from PDFs that are attached to transactions. If you do not check this box, the AI Scan feature will NOT execute. AI Context: Use this field to give additional instructions to the AI in order to enhance the collection of data from PDFs. For example, for a Scope 2 Purchased Electricity Emission Source, you could write: "Search for energy consumption in KiloWatt Hours. There are 5 separate meters. " IMPORTANT: While AI models are advancing rapidly, they still make mistakes. The better context you can provide, the better results you will get from the AI Scan function. It may take some experimenting with the context to get the best results. 4. 1. 4 Emission Source CSV Import Navigate to NetSuite Data > Import/Export > Saved CSV Imports Click on CS - Emission Sources Select your CSV file Click on Next > Ensure Data Handling is set to ADD, Click on Next > Click on Next > Click on Run Submit More... Click on Import Job Status. Click on CSV Response Review and correct errors Review the Error column. Resolve the data issues and save the CSV file. To re-import the Error file, return to Step #1 and repeat the steps. Repeat this process until all records have been imported successfully. 4. 2 Calculate Emissions The next step after identifying and creating your Emission Sources is to calculate emissions. In CarbonSuite, each Emission Source will have several "GHG Transactions" that capture the recurring emission of a given Emission Source. There are several ways to calculate emissions by creating GHG Transactions, see below. 4. 2. 1 NetSuite Transaction Entry CarbonSuite makes it easy to add Emission Activity Data directly to your NetSuite transactions. You can use the following fields on the line level of Vendor Bill, Expense Report, and Credit Card Transactions to capture the Activity Data associated with the purchases: Activity Amount: This is the amount of the Emission Activity that is associated with the transaction line. For example, if the Vendor Bill is for an Electricity purchase, the Activity Amount would be the amount in KiloWatt Hours that was consumed in this billing period. As another example, an Expense Report for a Flight would have an Activity Amount measured in “Miles” or “Kilometers. ” Fuel Type: The Fuel Type is used in calculations where a fuel was burned to execute the activity. Populate this field if the NetSuite transaction involved direct purchases or use of fossil fuels (e. g. purchase of gasoline for a company vehicle). Activity Unit: This is the unit used to measure the Activity Amount. Emission Source: Populate this field if you know exactly which Emission Source this particular transaction line maps to. Note, if you have set up your Emission Sources correctly, the Emission Workbench feature will perform this mapping for you. This field is hidden on the form. If you plan to use this field to capture the Emission Source associated with the Transaction line, you will need to expose the field on the form. There is a limitation where if you select the Emission Source directly in this field, you are NOT able to calculate emissions for the Fuel and Energy Related Activities Emission Category. Please be advised that if you select an Emission Source in this field and it requires emissions for the Fuel and Energy Related Activities Emission Category, you will need to manually enter these emissions. Emissions Amount (CO2e): This is the amount of CO2e emissions that is associated with the transaction line if the vendor can provide you with that information. This will allow you to avoid calculating the emission using spend-based or activity-based methods. Emissions Unit (CO2e): This is the unit used to measure the Emissions Amount (CO2e). NOTE: for Emission Sources that are set up with Activity Type = “Financial Value,” you DO NOT need to populate an Activity Amount and Activity Unit, as the Emission Workbench engine uses the standard NetSuite “Amount” field to make the Emission calculation. The Financial Value calculation engine executes currency conversions as needed (ex: converting from the NetSuite Transaction currency to the currency of the Emission Factor). However, the Financial Value calculation engine does NOT currently include adjustments for inflation. 4. 2. 2 Emission Workbench The Emission Workbench is a feature that automatically calculates emissions from your NetSuite Transaction lines. The following NetSuite Transactions are currently supported: Vendor Bills Expense Reports Credit Card Transactions IMPORTANT: The Emission Workbench triggers a script called CS Workbench Processing Map/Reduce. You are able to manually update the script concurrency on the script deployment. Generally, the Emission Workbench performs best with concurrency 3 or below. Anything above concurrency 3 can cause performance issues. Additionally, it is generally advised that you run the Emission Workbench no more than 3 months at a time to optimize performance. For a detailed prescription of Emission Workbench based on your account settings, please contact info@carbon-suite. com. IMPORTANT: The Emission Workbench is not able to process NetSuite Transactions that have references to Inactive records. This includes the following record types: Items, Vendors, Employees, Customers, Accounts, Expense Categories, Locations, Departments, Classes, Projects, Partners If any Transactions have references to Inactive records, the corresponding GHG Transaction will be created without referencing the inactive record on the GHG Transaction. IMPORTANT: Additionally, Emission Sources under the following Emission Categories are NOT currently supported by the Emission Workbench: Process Emissions Agriculture Emissions Processing of Sold Products Use of Sold Products and Services End of Life Treatment of Sold Products Downstream Leased Assets Investments Franchises Navigate to Carbon Accounting > Dashboard > Open On the left navigation pane, click the Record dropdown Select Emission Workbench IMPORTANT: Best practice is to only run the Emission Workbench on closed NetSuite Accounting Periods. Ensure that the NetSuite Accounting periods in the date range you have selected are closed. This will prevent impacts from editing NetSuite transactions on the carbon accounting process. Click on Job Status Filter the NetSuite Transactions Use the filters to segment the job run. These filters are applied to your NetSuite transactions to determine which transactions to analyze for emissions data. One Emission GHG Transaction will be created for each NetSuite Transaction line that matches to an existing Emission Source. Choose one or more Subsidiaries If you want to include Vendor Bills, check the Vendor Bills box If you want to include Expense Reports, check the Expense Reports box If you want to include Credit Card Transactions, check the Credit Card Transactions box Choose a Transaction Start Date This is the start date for when the engine will look for NetSuite Transactions. The NetSuite Transaction Date is used for evaluation in this filter. Choose a Transaction End Date This is the end date for when the engine will look for NetSuite Transactions. The NetSuite Transaction Date is used for evaluation in this filter. Click on Run Job When you click Run Job, the Emission Workbench process will execute. Depending on your date range, this could take several hours. Please check the Status column, when the Status is Completed, the job has finished and you can review the results. Click on Back to Emission Results Click Back to Emission Results to review the results of the job execution. The emissions on the For Review tab failed to complete an Emission calculation, and the error is recorded. The following are the most common errors: The engine was unable to find a matching Emission Source Multiple Emission Sources with the same Transaction Search Criteria were found The NetSuite Transaction had Zero in either the Amount or the Activity Amount field The emission calculation engine failed because it was unable to find an Emission Factor within the criteria defined The emission calculation engine failed because input data was missing or incorrect (e. g. missing or incorrect units) NOTE: Any Emissions where the Emission Source has the "Enable AI Scan" checkbox checked will be returned on the For Review tab with the message: "CS-NS-9000: Valid AI Scan". This is precautionary measure, as AI is still experimental and can make mistakes. Please take caution to review the results of the AI Scan before accepting the results. To move these Emissions to the Posted tab, simply edit and save the record. To resolve errors, click the Edit link under the Action column and review the Message populated in the Message box. Resolve the Error by editing the Emission record and then click Save. If the calculation executes successfully this time, the Emission record will move from the For Review tab to the Posted tab. Once you have moved all Emissions to the Posted tab, review the results to ensure that all Emissions calculated correctly. Repeat this process anytime you want to analyze NetSuite transactions in order to calculate emissions. 4. 2. 3 Emission User Interface Navigate to Carbon Accounting > Dashboard > Open On the left navigation pane, click the Record dropdown Click on Emission Sources Select an Emission Source. You can use the filters and search bar to locate an Emission Source for which you want to record Emissions. NOTE: all Emissions must be created from an Emission Source. You are not able to record an Emission without an Emission Source as the parent record. Once you locate your Emission Source, click the View icon to navigate to the View Source page. From here, you are able to continue editing the Emission Source by clicking the Edit button. To add a new Emission, click the Add button Notice that if you have populated the same fields on the Emission Source, they will be defaulted onto the Emission record. If you have NOT defaulted any fields from the Emission Source, please reference the field descriptions in the 4. 1. 3 Emission Source User Interface section to populate the fields on the form. Enter a Date the Emission is recorded Note, if you do NOT have a GHG Period set up for a date selected, you will get an error in the GHG Period field. The GHG period in which this GHG Transaction will be posted. This will be defaulted based on the value selected in the Date field. If you have not set up a GHG Period for the Date selected, please reference the 3. 1 Setup GHG Periods section to set up a GHG Period for the required Date. Enter a Description A unique name for this Emission, example: “Purchased Electricity - Utility Vendor 1 - September 2023. ” Enter a Data Source This field describes where the data for this Emission entry came from. For example, if it was from a vendor invoice, an external database, or externally supplied by a stakeholder. Enter an Amount and Unit Amount: The Amount of the Emission entry. If you are using the Calculation Approach of “Standard Emission Factors” or “Custom Emission Factors,” then this field will record the “Activity Amount” of the Emission. If you are using the Calculation Approach of “Direct Gas Emissions,” then this field will record the Direct Emissions amount of the Emission. Unit: If you have defaulted the Unit on the Emission Source, this field will be auto-populated. If you are using the Calculation Approach of “Standard Emission Factors” or “Custom Emission Factors,” then this field will record the “Activity Unit” of the Emission. If you are using the Calculation Approach of “Direct Gas Emissions,” then this field will record the GHG Unit amount of the Emission. Click on Save If the Emission is calculated successfully, you will receive a green banner. If there was an error, you will receive a red banner. 4. 2. 4 Emission CSV Import Prepare your CSV File Open the GHG Transaction_Import_Template: GHG Transaction_Import_Template. xlsx Make a copy of the template and populate the fields required for your GHG Transaction import. Navigate to NetSuite Data > Import/Export > Saved CSV Imports Click on CS - GHG Transactions (Emissions) Select your CSV file Click on Next > Select Data Handling option On the Import Options page of the Import Assistant, choose a Data Handling option to indicate how the imported data will affect NetSuite data: Add — Select if all imported records are new to NetSuite. Update — Select if all imported records already exist in NetSuite, and the import is intended to modify these records. Add or Update — Select if imported records are a mixture of new and existing records. *Note: If using Update functionality, ensure that the GHG Transaction ID is in the CSV File Click on Next > Map additional fields as required Map additional fields as required Click on Next > Click on Save & Run Submit More... Click on Import Job Status. Click on CSV Response Review and correct errors Review the Error column. Resolve the data issues and save the CSV file. To re-import the Error file, return to Step #1 and repeat the steps. Repeat this process until all records have been imported successfully. 4. 3 Audit Emissions Navigate to Carbon Accounting > Saved Searches Select a pre-built saved search to start from, for example "All Emissions" Use the filters to select criteria for your emissions audit Filter the Date Range Filter the Date Range Click on Edit this Search If you want to further customize the saved search, you can do so by editing the search directly. Click on Results Add fields as columns to the saved search Select a field Click on Add Click on Preview You can either preview the search or click "Save As" to save a copy of the search 4. 4 Manage GHG Periods Navigate to Carbon Accounting > Dashboard > Open On the left navigation pane, click the Setup dropdown Click on GHG Periods Select a GHG Period by clicking on the row Click on Validate GHG Transaction Errors are resolved Review the Errors This Saved Search will show all of the open errors that exist on GHG Transactions. You can review the errors in the search view or export the errors and review in CSV / Excel. It is recommended to resolve all of the errors before closing the subsequent GHG Period. To lock the GHG Period, Click on Lock If the GHG Period is "Locked," you will not be able to post new GHG Transactions within this GHG Period. To close the GHG Period, Click on Close If the GHG Period is "Closed," you will not be able to post new GHG Transactions within this GHG Period. To Reopen the GHG Period, Click on Reopen If the GHG Period is "Reopened," you will be able to post new GHG Transactions within this GHG Period. 5. Report Once you have completed Emission calculations and audits for a given period, you can generate reports. 5. 1 Publish GHG Report Navigate to Carbon Accounting > Dashboard > Open Click on Report Click on Publish GHG Report Select Operational Boundary Select GHG Period From Select GHG Period To Enter your GHG Inventory Year Click on Submit To view the results in Excel, Click on Export to Excel 5. 2 NetSuite Saved Searches Analytics Workbooks You have the ability to leverage standard NetSuite Saved Search and Analytics functionality to report on CarbonSuite data. NetSuite has lots of documentation on how to use both of these features, see below: Saved Searches NetSuite Help Center Link Analytics Workbooks NetSuite Help Center Link Please see the steps below to access the Saved Searches and Analytics Workbooks that CarbonSuite offers out-of-the-box. 5. 2. 1 Access Pre-Built CarbonSuite Saved Searches Navigate to Carbon Accounting > Saved Searches > Select the Saved Search you want to open. CarbonSuite installs several saved searches in your NetSuite environment to assist with emissions reporting. These saved searches can be customized to meet your specific needs and use cases. More information on NetSuite Analytics Workbooks is below: NetSuite Help Center Link - Saved Searches 5. 2. 1 Access CarbonSuite Analytics Workbooks CarbonSuite also installs several pre-built Analytics Workbooks using NetSuite "SuiteAnalytics" functionality. Navigate to Carbon Accounting > Dashboard > Open Click on Report Click on Analytics To filter on just the Analytics Workbooks that have been deployed by the CarbonSuite SuiteApp, you can type "cs". Otherwise, explore the workbooks to find the one you are looking for. Select the Workbook you want to open From here, you can review the different tabs of the Analytics Workbook. If you want to make changes to a CarbonSuite standard workbook, make sure that you "Save As" when you save your changes. More information on NetSuite Analytics Workbooks is below: NetSuite Help Center Link - SuiteAnalytics Workbooks 5. 3 Communicate Results It is very important to share your progress with your stakeholders. They will hold you accountable, and it is your responsibility to keep them informed on your progress. In addition to formally reporting your emissions, you can use any of these methods to communicate your results: Submit Results: If you are disclosing your emissions within one of the frameworks listed in the Define Reporting Requirements section, then follow the disclosure requirements outlined for each reporting framework. Internal Communication: If communication is effective, your employees can be the most important agents of change. The goal is to build sustainability into the core of your organization, and keeping your employees engaged in the Carbon Accounting process is crucial for this. Organization website: Publish the information on your website, including emissions data and reduction targets, in a dedicated section or page. Annual reports: Include information on emissions and reduction targets in your annual reports, which can be distributed to shareholders, investors, and other stakeholders. Press releases: Issue press releases to announce new emissions reduction targets or updates on progress towards existing targets. Investor relations: Share information on emissions and reduction targets with investors through investor relations channels such as conference calls and webcasts. Social media: Use social media platforms to share information about your emissions and reduction targets with customers, employees, and the general public. Industry groups and trade associations: Participate in industry groups and trade associations and share information on emissions and reduction targets with other members. Sustainability reports: Publish independent sustainability reports that provide detailed information on your emissions and reduction targets. 6. Reduce Once you have completed your carbon accounting, you are ready to start reducing your emissions. 6. 1 Build Reduction Plans Visit our website to see our list of Reduction Strategies that can be implemented within your organization to reduce emissions. Get in touch with the CarbonSuite team to discuss opportunities for tailored emission reduction plans, optimized for your business! 6. 2 Purchase & Develop Offsets Reduction is ALWAYS the preferred option, but carbon offsets can be a useful tool to offset the emissions you cannot reduce. Depending on your region and reporting framework, generally speaking, you can reduce your total company emissions by purchasing verified carbon offsets from a voluntary carbon marketplace, such as Salesforce Net Zero Marketplace, Patch, Cloverly. You can also reduce your total company Emissions by directly developing a project that reduces Emissions (planting trees; funding carbon capture / sequestration projects; funding mangrove planting in tropical regions, etc. ) BUT that carbon reduction cannot be sold back onto the voluntary carbon market because you used it internally. Additionally, if you generate carbon reductions in your business operations or fund offset projects, you can sell that onto the voluntary carbon market as a “carbon credit” but it needs to be verified and tested by a third party assurance provider (Ex: Verra Gold Standard). However, it is critical that your project can prove “Additionality” which basically means that there was a reasonable chance that the project would have produced greenhouse gas emissions if the project developer had not decided to convert it into a carbon credit project. Since the markets are all voluntary, the best approach is to work with an assurance provider to verify the project and the additionality before the credits are sold onto the voluntary market. Conclusion Congratulations! You have taken an important first step in fighting climate change. CarbonSuite automates the difficult and time consuming processes of Carbon Accounting, so your organization can easily track and analyze your emissions data and drive decision making throughout the organization. As always, if you have any questions, Get in touch with the CarbonSuite team and we will be happy to assist you on your journey to Net Zero. References US EPA. Center for Corporate Climate Leadership 2020. Guide to Greenhouse Gas Management for Small Business & Low Emitters. https://www. epa. gov/sites/default/files/2017-01/documents/guide_to_greenhouse_gas_management_for_small_business_low_emitters. pdf GHG Protocol. Corporate Standard. https://ghgprotocol. org/corporate-standard GHG Protocol. Figure Overview of GHG Protocol scopes and emissions across the value chain. https://www. ghgprotocol. org/sites/default/files/ghgp/standards_supporting/Diagram%20of%20scopes%20and%20emissions%20across%20the%20value%20chain. pdf - Published: 2025-06-12 - Modified: 2025-06-26 - URL: https://carbon-suite.com/why-carbon-accounting-needs-utility-data-and-how-to-use-it-right/ - Categories: Partnerships Accurate Data = Better Carbon Accounting When it comes to carbon accounting, your data is only as good as the systems you use to collect it. If your reporting still relies on monthly utility bills, spreadsheets, or emailed PDFs, you're leaving too much room for error and not enough for efficiency and sustainability improvements. That’s why CarbonSuite has partnered with QMC, a leading utility and sub-metering provider, to simplify data collection and supercharge your emissions reporting. The integration helps organizations of all sizes automate utility data, eliminate manual input, and build audit-ready reports effortlessly while saving on energy costs and reducing emissions. Let’s break down how utility data drives effective carbon accounting, and how QMC + CarbonSuite work together to help you track, report, and act. Why Utility Data Matters in Carbon Accounting CarbonSuite helps organizations report on Scope 1, 2 and 3 emissions. This includes the emissions you control directly, or that result from your energy use. For these, utility data is critical. Here’s why it matters: Direct emissions (Scope 1): e. g. , gas or fuel burned onsite Indirect emissions (Scope 2): e. g. , purchased electricity or heating or Cooling If your data is delayed, estimated, or inaccurate, your sustainability reports can be less trusted. That’s a problem when you’re filing ESG disclosures, working toward net-zero goals, or trying to meet frameworks like CSRD, CDP, ASRS, etc. Real carbon impact starts with real data. With accurate utility metering, you get full transparency and confidence that your numbers reflect reality. Manual Tracking Doesn’t Cut It Anymore Let’s be honest, collecting utility data manually is painful. Scrambling for bills and spreadsheets each month Chasing down anomalies weeks after they happen Wasting time formatting reports instead of analyzing trends Making decisions based on data that’s outdated or incomplete Worse, the margin for human error increases every time a value gets typed, copied, or forwarded. In a world of increasing regulatory scrutiny, manual methods just aren’t enough. Meet QMC: Metering Data You Can Trust QMC is a Canadian leader in revenue grade multi-utility submetering solutions for Industrial facilities, buildings and portfolios. With solutions for electricity, water, gas, and thermal energy, their MeterConnex™ platform makes real-time data accessible and actionable. Through our new integration, QMC utility data feeds directly into CarbonSuite giving users a seamless way to track consumption and emissions in a single, centralized platform. You can: See real-time consumption across multiple sites Benchmark energy use and carbon output Spot inefficiencies before they grow into problems Ensure every report is backed by verifiable source data Learn more about QMC Inside the CarbonSuite + QMC Integration You don’t need to change your workflows or IT infrastructure. Just connect your QMC data stream to CarbonSuite, and you’re set. Here’s what the integration unlocks: Direct data ingestion from meters to CarbonSuite’s Carbon Ledger Always-on monitoring and historical trend analysis Immediate insights into your sustainability performance Streamlined compliance with ESG frameworks This isn’t just a data feed. It’s a foundation for smarter sustainability decisions. Four Ways CarbonSuite Users Win With Utility Data 1. Faster Reporting Cycles Manual reporting takes weeks. With automated metering, your data flows in continuously, helping your team build reports in hours, not days. 2. Better Compliance and Audit Trails Every data point is traceable from meter to final report. That means less time validating, and more time acting. 3. Operational Efficiency Utility data reveals more than emissions. It helps optimize performance. With full visibility into how energy is used across locations, you can spot cost-saving opportunities before they’re lost. 4. Data That Powers Decisions CarbonSuite doesn’t just store numbers. It transforms utility data into actionable dashboards, visualizations, and benchmarks your exec team can use to lead with confidence. Real-Life Impact: Building Better Sustainability Reports Whether you're a real estate investment trust, a property manager, or a sustainability officer, this integration helps you: Automate data workflows Improve transparency for tenants, stakeholders, and regulators Track Scope 1 and 2 emissions with precision Make informed decisions backed by real-time insights It’s a smarter, faster, and more future-ready way to run your sustainability strategy. FAQs: Utility Data + CarbonSuite Q: Can I use CarbonSuite without QMC? A: Yes, CarbonSuite integrates with a range of data sources. QMC is one of our supported metering partners. Q: What types of utilities are supported? A: Electricity, gas, water, and thermal data are all supported through CarbonSuite. Q: Is setup complex? A: Not at all. Most integrations take under a couple of weeks with support from both teams. Q: Can I benchmark usage across multiple sites? A: Yes, CarbonSuite makes it easy to compare energy and carbon performance portfolio-wide. Ready to Automate Carbon Reporting? If you’re already using QMC—or thinking about it—CarbonSuite makes it easy to plug in and start automating. And if you’re using other utility data sources? We probably integrate with those too. Book a demo to see how CarbonSuite helps you automate sustainability reporting from the ground up. - Published: 2025-06-05 - Modified: 2025-06-05 - URL: https://carbon-suite.com/pai_skincare/ - Categories: Case Studies Building brand value through transparent, auditable sustainability data. OBJECTIVES Pai Skincare is a London-based organic skincare brand known for its commitment to transparency, ethical sourcing, and clean ingredients. As a certified B Corporation, Pai is held to rigorous standards of social and environmental performance, accountability, and transparency. The company needed a solution to efficiently track emissions across its operations and supply chain to validate sustainability claims for products. In addition to internal goals, Pai faces increasing pressure from large retail partners like Sephora to provide auditable ESG data as part of their procurement requirements. Meeting these expectations required a scalable, verifiable, and integrated approach to emissions reporting and supplier engagement. SOLUTION CarbonSuite worked with Pai Skincare to fully automate Scope 1, 2, and 3 emissions reporting across the company’s operations and value chain. The platform ingested activity data from Pai’s NetSuite ERP system to create a centralized, accurate emissions baseline. With CarbonSuite’s Value Chain Module, Pai also launched a Supplier Sustainability Program to collect and assess key emissions data from its upstream suppliers. This created a structured and repeatable way for Pai to meet retailer and regulatory demands while driving meaningful action across its supply network. BENEFITS Audit-Ready B Corp & Customer Reporting CarbonSuite delivers emissions reports aligned with global standards, enabling Pai to meet B Corp impact assessment criteria with confidence. The platform also helps fulfill environmental reporting requests from Sephora and other large retailers that require verifiable emissions data. This level of auditability reduces internal reporting burden and improves compliance readiness. Strengthened Brand Value By integrating CarbonSuite, Pai strengthened its leadership position as a transparent and purpose-driven brand. The ability to back up sustainability claims with credible, third-party-auditable data enhances customer trust and investor confidence. It also supports marketing and product labeling strategies that differentiate Pai’s offerings in a competitive skincare market. Increased Value Chain Engagement With CarbonSuite’s Value Chain Module, Pai initiated a structured supplier engagement program that encourages emissions measurement and reductions across its supplier base. This not only improved data quality for Scope 3 reporting but also sparked collaboration with suppliers on shared sustainability goals. As a result, Pai is building stronger, more resilient relationships with partners who align with its mission and values. From Head of Product, NDP & Sustainability, Danielle Grant “As part of our sustainability journey, we needed a carbon accounting solution to validate our B Corp claims and help us commit to meaningful future emission targets. CarbonSuite has been a great solution for us, and it easily integrates with our in-house ERP system. It automated our Scope 1, 2, and 3 emissions reporting, pulling accurate data directly from our NetSuite ERP. Crucially, their Value Chain Module enabled us to launch a Supplier Sustainability Program, collecting vital emissions data from our partners. Now, we have audit ready reports for B Corp and large global retailers, which significantly strengthens our brand value with verifiable claims. Plus, we've achieved increased value chain engagement, sparking collaboration and building stronger relationships with our suppliers. CarbonSuite has truly been vital in embedding sustainability deeper across our operations. ” - Published: 2025-05-22 - Modified: 2025-06-19 - URL: https://carbon-suite.com/b-corp-certification-carbonsuites-essential-guide/ - Categories: Knowledgebase In today’s business landscape, success is increasingly measured not just by profit margins but by the positive impact companies have on society and the environment. Certified B Corporations, or B Corps, are at the forefront of this movement. These are for-profit companies verified by the nonprofit B Lab to meet rigorous standards of social and environmental performance, accountability, and transparency. By committing to consider the impact of their decisions on all stakeholders—not just shareholders—B Corps redefine what it means to be a successful business. So, What is a B Corp? A Certified B Corporation is a business that meets high standards of verified performance, accountability, and transparency across a range of social and environmental factors. To become certified, a company must: Demonstrate verified positive impact on workers, customers, community, and the environment Amend its legal governance structure to be stakeholder-oriented, not just shareholder-driven Undergo a rigorous, independent assessment every three years through B Lab Today, over 8,000 businesses across 95 countries—including Patagonia, Allbirds, and Ben & Jerry’s—proudly hold this designation. How Did B Corp Certification Work Until Now? Historically, certification relied on the B Impact Assessment (BIA)—a 200-point questionnaire measuring performance across five key areas: Governance Workers Community Environment Customers To certify, companies had to: Score at least 80 points on the BIA Pass a review by B Lab analysts Make legal commitments to stakeholder governance This approach allowed flexibility. For instance, a company could offset a weaker environmental score with stronger community engagement. While practical, this model opened the door for inconsistencies and accusations of “impact gaps. ” What’s Changing in the New 2025 Model? The new B Corp standards, published in April 2025, aim to close those gaps by replacing the flexible scoring system with non-negotiable performance requirements in key impact areas. The shift includes: The 7 mandatory Impact Topics: Purpose & Stakeholder Governance Climate Action Fair Work Human Rights Environmental Stewardship & Circularity Justice, Equity, Diversity & Inclusion (JEDI) Collective Action & Ethical Conduct Each topic includes clear requirements, such as: Committing to science-based climate targets Providing living wages Conducting human rights due diligence Reducing greenhouse gas emissions Engaging transparently in public policy B Lab has also introduced continuous improvement requirements, with specific progress milestones expected after 3 and 5 years of certification. When Do the Changes Take Effect? April 2025: New standards officially published Until June 30, 2025: Companies can still recertify under the old standards Starting 2026: First cohort begins certification under the new standards All companies will be expected to transition as part of their next certification cycle. Why This Matters The new approach brings greater credibility and consistency to the B Corp brand. It ensures that every certified company: Walks the talk across all impact areas Aligns with leading frameworks like GRI, SBTi, and UN SDGs Has a verifiable, measurable impact For companies serious about sustainability, this change is welcome. It turns the B Corp badge into a true benchmark for responsible business. How CarbonSuite Can Help Whether you're a current B Corp or preparing for the new model, CarbonSuite provides the tools to support your certification journey: Track your Scope 1, 2, and 3 emissions Benchmark against key environmental KPIs Automate disclosures that align with B Corp and other ESG frameworks Monitor and adjust your reduction targets in real time CarbonSuite is the only Built for NetSuite solution for the mandatory changes to the B-Corp. As certified experts in both NetSuite and sustainability reporting, CarbonSuite helps you streamline and integrate your sustainability process within your existing financial and operational processes in your NetSuite ERP system. CarbonSuite uses Built for NetSuite features like our Emission Workbench and our AI Data Scanner to automate the sustainability reporting process. Our SuiteApp ensures that you stay compliant and up to date with sustainability reporting mandates. Make your B-Corp Certification a breeze by using NetSuite to get prepared today. Contact us to get started. - Published: 2025-05-12 - Modified: 2025-05-12 - URL: https://carbon-suite.com/sustainability-reporting-netsuite/ - Categories: Knowledgebase Why Sustainability Is More Than Reporting for NetSuite Users Sustainability NetSuite integration is becoming essential for businesses that want to thrive in today’s market. Sustainability isn’t just a reporting requirement — it’s a driver of business value. From operational efficiency to customer loyalty and regulatory compliance, businesses are finding that sustainability delivers measurable ROI. Yet for many NetSuite users, sustainability efforts remain disconnected from core operations. That’s where CarbonSuite comes in. We help businesses embed sustainability directly into NetSuite workflows, so you can track impact, cut costs, and stay competitive — all while simplifying compliance. The Business Value of Sustainability Inside NetSuite NetSuite already manages your financials, operations, and supply chain. Integrating sustainability adds value across the board: Reduce Costs: Track energy, waste, and resource use to identify savings Improve Compliance: Simplify audits and stay ahead of regulations Boost Brand Reputation: Demonstrate transparency and leadership Align Goals: Link sustainability KPIs with financial performance By managing sustainability data directly in NetSuite, you can: Automate data collection from real transactions Generate audit-ready reports aligned with standards (GRI, ISSB, CSRD, etc. ) Monitor carbon emissions, water use, waste, and social impact Stay prepared for upcoming regulations like the Australian Sustainability Reporting Standards Meet CarbonSuite: Driving Business Value Through Sustainability CarbonSuite doesn’t just help you report — it helps you perform better. By embedding sustainability management directly into NetSuite, CarbonSuite delivers measurable business value: Uncover Cost Savings: By automatically analyzing energy use, waste, and resource consumption from your NetSuite transactions, CarbonSuite helps you identify inefficiencies and opportunities to cut costs — often in places you hadn’t thought to look. Strengthen Supplier Relationships: With built-in supply chain sustainability tracking, CarbonSuite lets you assess and collaborate with suppliers on ESG goals, leading to stronger partnerships and reduced risk exposure. Win More Business: Customers and investors are demanding transparent ESG data. CarbonSuite equips your team with real-time dashboards and credible reports that give you an edge in RFPs, contract renewals, and financing discussions. Simplify Global Compliance: As regulations tighten worldwide, CarbonSuite automates the heavy lifting, ensuring your reports align with GHG Protocol, CSRD, ISSB, and other global standards — saving compliance costs and avoiding penalties. Align Sustainability and Financial Goals: By linking sustainability KPIs directly with financial data in NetSuite, CarbonSuite helps your leadership team make smarter, more integrated decisions that drive both profit and impact. See CarbonSuite in Action Learn more about NetSuite’s SuiteCloud Platform that powers seamless integrations. How NetSuite Businesses Are Winning with CarbonSuite Across industries, NetSuite users are transforming sustainability into a growth engine with CarbonSuite: Manufacturers are not only cutting energy costs and reducing waste, but also unlocking operational efficiencies that improve margins and securing preferred supplier status with eco-conscious buyers. Distributors are building greener, more resilient supply chains that lower transportation emissions and mitigate risks from shifting regulations and customer demands. Service Firms are winning larger contracts and deepening client relationships by offering transparent, credible ESG data that meets rising expectations in sectors like finance, consulting, and professional services. With CarbonSuite, sustainability becomes a lever for revenue growth, risk reduction, and competitive differentiation — not just a reporting exercise. Want to see the results? Explore Customer Success Stories Ready to Turn Sustainability into a Business Win? CarbonSuite helps you automate reporting, reduce costs, meet compliance, and position sustainability as a competitive edge — all within NetSuite. Contact us to learn more! - Published: 2025-05-12 - Modified: 2025-05-12 - URL: https://carbon-suite.com/esg-netsuite-reporting/ - Categories: Knowledgebase Why Modern Businesses Need Better Sustainability Reporting It’s now clear – Environmental, Social, and Governance (ESG) reporting is no longer optional. Investors, regulators, and customers are demanding transparency. But for many NetSuite users, ESG reporting feels disconnected, manual, and time-consuming. That’s where CarbonSuite comes in. At CarbonSuite, we help companies manage ESG reporting directly inside of NetSuite, so your sustainability data flows just like your financials. No more messy spreadsheets. No more disconnected tools. Hear what NetSuite has to say about Environmental, Social, Governance reporting The Challenges of ESG Reporting in NetSuite NetSuite is your single source of truth for finance, operations, and supply chain. However, without the right tools, ESG reporting stays outside the system. This leads to: Manual ESG data collection Risk of errors and inconsistencies Extra hours spent on compliance reports Difficulty aligning ESG goals with business performance By connecting ESG reporting directly into NetSuite, you can: Automate ESG data collection from your existing NetSuite records Generate audit-ready reports aligned with global standards (GRI, ISSB, CSRD, etc. ) Track carbon emissions, waste, water use, and social KPIs Prepare for upcoming regulations like California SB 253 & 261 and the EU CSRD Meet CarbonSuite: ESG Reporting Built for NetSuite CarbonSuite is a purpose-built solution that doesn’t just integrate with NetSuite — it’s built inside of NetSuite . Here’s how it works: Automated Data Sync: Pulls operational and financial data from NetSuite transactions to calculate key metrics Carbon Accounting Engine: Tracks Scope 1, 2, and 3 emissions Customizable Dashboards: Visualize sustainability performance alongside financial performance inside NetSuite Regulatory Compliance: Align with GHG Protocol, CSRD, ISSB, and more See How CarbonSuite Works Companies Using NetSuite Are Future-Proofing Their Business Strategy Many NetSuite-native businesses in manufacturing, distribution, and services are adopting CarbonSuite to stay ahead: Manufacturers are tracking emissions, energy consumption, and waste management to optimize their operations and drive down costs. Distributors are tracking supply chain sustainability to reduce shipping costs and optimize supply chain transactions. Service providers are reporting both environmental and social impact metrics to attract the best talent and improve their brand in the market. Want to learn how? See what our Customers are saying Ready to Bring ESG + NetSuite Together? CarbonSuite empowers you to simplify ESG reporting, comply with global standards, and turn sustainability into a business advantage — all within NetSuite. Contact us to learn more! - Published: 2025-04-26 - Modified: 2025-06-26 - URL: https://carbon-suite.com/emissions-audit-assurance/ - Categories: Knowledgebase Introduction As more companies face regulatory requirements and stakeholder expectations around sustainability reporting, emissions data audit and assurance have become critical topics. At CarbonSuite, we hear from sustainability managers all the time: "How do I audit my emissions data? " This post will walk you through the basics of emissions assurance, explain the key principles involved, and clear up some common misunderstandings - especially when it comes to software claims about "certifying" emissions data. What Is an Audit of Emissions Data? An audit, whether of financial statements or emissions data, is an independent review conducted by a qualified third party. The purpose is to give confidence that the reported information is complete, accurate, and free from material misstatement. If you're new to assurance work, here are the key principles that guide the audit process: Key Principles of Audit Independence:Auditors must be completely independent of the company they are auditing. Independence ensures that there is no bias in the review of the data. Materiality:Auditors focus on issues that could significantly affect a user's decision based on the emissions report. Not every small mistake matters, but big ones do. Evidence-Based:Audits are built around collecting and evaluating sufficient appropriate evidence. Auditors don’t take your word for it; they verify based on documentation and data. Professional Skepticism:Auditors are trained to question and critically assess information rather than accepting it at face value. Clear Reporting:The outcome of an audit is a formal opinion that is communicated clearly, so stakeholders understand the reliability of the data. In short: an audit isn’t about finding every tiny error, but it's about providing reasonable assurance that the emissions data is trustworthy. Why Carbon Accounting Software Can't "Certify" Your Emissions Data Some carbon accounting software platforms advertise that they can certify or verify your emissions data directly from their system — often even including a "verification stamp" you can download after you click submit. Here’s the problem:No software provider can independently verify the data they are calculating. In accounting, independence is a foundational principle. A company (or platform) that prepares your numbers cannot also audit them. That's like grading your own homework! You don't expect NetSuite, your accounting system, to audit your financial reporting. Carbon accounting is no different. When a software vendor claims to "certify" emissions data they helped calculate, it’s clear that the system was not designed with real accounting or assurance standards in mind. At CarbonSuite, we believe strongly that trustworthy sustainability reporting must uphold the same high standards as financial reporting. Our job is to build the transactional system. This helps you collect, organize, and manage your emissions data with transparency and traceability. So, when an independent auditor reviews it, the data holds up. What’s the Difference Between Limited and Reasonable Assurance? When it comes time for an audit, not all assurance engagements are the same. The two main types are: Limited Assurance Scope: Focuses on whether anything appears to be wrong, based on limited procedures like inquiries and basic analysis. Level of confidence: Moderate. Examples in Sustainability Reporting: The EU's Corporate Sustainability Reporting Directive (CSRD) initially requires limited assurance for emissions disclosures starting in 2025, with plans to transition toward reasonable assurance over time. Under Australia's Sustainability Reporting Standards (ASRS), limited assurance is mandated for Scope 1 and Scope 2 greenhouse gas emissions, as well as governance and strategy disclosures, in the initial reporting years beginning on or after 1 January 2025. Reasonable Assurance Scope: Involves detailed testing of controls, transactions, and data, akin to a financial audit. Level of confidence: High. Examples in Sustainability Reporting: California’s SB 253 (Climate Corporate Data Accountability Act) requires reasonable assurance of Scope 1 and Scope 2 emissions data for large companies, beginning after 2027 (with limited assurance required earlier). The Australia's Sustainability Reporting Standards (ASRS) outlines a phased approach culminating in reasonable assurance for all climate-related financial disclosures from years beginning on or after 1 July 2030. Summary Think of limited assurance like a basic health check-up, and reasonable assurance like a full physical examination. Different mandates require different levels, but both require independent third-party review (not self-certification). How CarbonSuite Supports Your Emissions Assurance Journey At CarbonSuite, we are serious about making your data audit-ready, but we respect the critical role of independent assurance. That's why we partner with professional assurance providers who can review and validate your emissions data after it’s organized in CarbonSuite. In short: CarbonSuite makes sure your emissions data is accurate, complete, and traceable. Our assurance partners provide the independent review needed to meet regulatory standards like CSRD, SB 253, and SB 261. If you're preparing for emissions audit or assurance requirements, reach out to us, and we'll connect you with the right experts. Ready to make your emissions reporting audit-ready? Contact CarbonSuite today to get started. - Published: 2025-03-21 - Modified: 2025-03-21 - URL: https://carbon-suite.com/why-does-sustainability-matter-for-promo-products/ - Categories: Promotional Products Does sustainability matter in the promo industry? What does the sustainability journey look like? How can I use sustainability to differentiate my promo product offering? In collaboration with Sustainable Promo Pro, Brianna LePiane, we'll be unpacking these questions (and more) as we dive into one of the hottest trends in the promo industry: Sustainability. This is the second post in our sustainable promo series (see the first post here). Does sustainability matter in the promo industry? Promo companies are no strangers to change. Over the course of its multi-century history, the promotional products industry has needed to adapt to the changing times. It has always met the moment, and this moment is no different. Sustainability has become an imperative in the promo industry, driven by one thing: market demand. Let's break down this market demand into two main categories: Customer Demand Regulatory Pressure Customer Demand Consumers today are more conscious than ever about the environmental impact of their purchases. Both individual buyers and corporate clients are actively seeking sustainable alternatives, prioritizing products made from recycled, biodegradable, or ethically sourced materials. Brands that can demonstrate a commitment to sustainability gain a competitive edge, attracting customers who are willing to pay a premium for eco-friendly products. Most disrupters in the Promo space are focusing on verifiably sustainable products as one of their core differentiators (Ex: Fairware, Rupt, Ethical Swag). Furthermore, major corporations have established sustainability goals that extend to their supply chains, including the promotional products they purchase. Large corporate buyers like Microsoft, Mastercard, Amazon, Walmart, Disney, major airlines, and many others have implemented mandates for companies within their value chain to disclosure various sustainability metrics. Winning big contracts in the promo industry now often requires sellers to provide assurance that their products are verified as sustainable. Regulatory Pressure Additionally, Governments worldwide are tightening regulations on single-use plastics, waste reduction, and carbon emissions. Many jurisdictions have already implemented bans on certain materials, and more policies are on the horizon. Promo companies that proactively shift to sustainable products and practices will stay ahead of compliance requirements, avoiding potential fines and disruptions. Moreover, companies that can demonstrate strong environmental credentials may gain preferred supplier status in industries where sustainability is mandated. Here are some key regulations driving action in promo today: State-Level Climate Reporting Mandates. States like California, New York, and Washington are implementing climate disclosure laws that require businesses to report their greenhouse gas (GHG) emissions and sustainability efforts. California’s SB 253 and SB 261, for example, mandate large companies to disclose their carbon footprints and climate-related financial risks. While these regulations primarily target large corporations, they extend down the supply chain, meaning promo companies that work with big brands may need to track and report their emissions to stay competitive. This is pushing the industry toward more transparent and measurable sustainability practices. State-Level Extended Producer Responsibility (EPR) Laws. States like Maine, Oregon, Colorado, and California have enacted EPR laws that require companies to take responsibility for the end-of-life disposal of their products. This affects how promo companies handle product packaging and waste management. California’s Single-Use Plastics Ban (SB 54 - Plastic Pollution Prevention and Packaging Producer Responsibility Act). This requires companies to reduce plastic packaging by 25% by 2032 and ensure all plastic packaging is recyclable or compostable. Therefore, Promo companies that sell plastic-based giveaways (e. g. , plastic straws, utensils, and packaging materials) need to comply with these restrictions. Canada’s Anti-Greenwashing Regulation – Competition Act Amendments. In Canada, recent amendments to the Competition Act target greenwashing by requiring businesses to provide credible, verifiable evidence for environmental claims. This applies to promotional product companies selling in Canada or marketing sustainability claims on their products. Misleading claims such as “100% eco-friendly” or “carbon neutral” without proof can lead to fines and legal action. Thus, Promo companies operating in both the U. S. and Canada must ensure their marketing aligns with these stricter transparency requirements. Federal Trade Commission (FTC) Green Guides. These guidelines regulate environmental marketing claims to prevent greenwashing. Promo companies must ensure that claims like “biodegradable,” “compostable,” or “recyclable” are substantiated and not misleading. This affects how sustainability is marketed on promo products. What does the sustainability journey look like in promo today and how can it create value for buyers? Corporate Sustainability has 3 approaches for organizations of every size. Best case scenario? All three approaches are active with continuous evaluation and engagement. Keep in mind, it’s about starting small and a willingness to make a few mistakes & evolve. That’s what the journey is all about! Values-Based: Organizations may choose a values-based approach, meaning they are relying on messaging, culture, or product design to drive sustainable change. This approach isn’t necessarily better or worse than a certification-based approach. However, it depends on what they do, what they sell, and their size (i. e, their impact). As an example, suppliers of paper may not have the expected FSC certification for their paper products because they have opted for tree-less paper alternatives such as recycled cotton or barley, which require less water in their production. A distributor can match this cotton-paper value to fashion brands seeking to reduce their environmental impact matching their values with the products they are purchasing as promotional items. Partnership: The partnership approach can be a cost-effective way to get started or for smaller organizations. This approach means relying on suppliers to provide certifications rather than working on certifications for themselves or their products. Distributors can pass through compliance or safety resorts to their customers or provide certifications their suppliers have earned for their buyers to evaluate. If suppliers are unable or unwilling to provide reports, suggesting a different product assortment from a supplier with better transparency will support building trust and an ongoing relationship with customers. Certifications: Other organizations may choose certifications to provide the added assurances needed to satisfy eco-savvy buyers. Certifications are not all created equal. It’s important to do the research about which certifications are most appropriate, recognized and will support your growth before investing the time and money into the process. Certifying a product, factory, and/or an entire operation can be time-consuming and costly. Ask your top customers which certifications are meaningful to them to help guide your decision-making can help demonstrate value once the process is complete. Whichever way an organization is developing more sustainable products or operations, professionals in the industry can leverage sustainability positioning by equipping themselves with information to meet the changing landscape we now find ourselves in. How can I use sustainability to differentiate my promo product offering? Companies that embrace sustainability gain a competitive edge, attract eco-conscious clients, and future-proof their business against evolving regulations. The good news is that getting started doesn’t have to be overwhelming. By taking small, practical steps, promo companies can begin integrating sustainability into their product offerings and stand out in the market. Here are three simple actions to get started integrating sustainability into your products: Track Your Environmental Data. You can’t improve what you don’t measure. Start by tracking the materials used in your products in a Bill of Materials. At the same time, you need to track the carbon emissions from your business operations, such as manufacturing, shipping, and packaging waste. Even basic data collection will help you make more informed, sustainable choices over time. CarbonSuite can help with this. Think in terms of the three Rs: reduce, reuse, recycle. Are your sourcing products helping your customers reduce single-use items like plastic water bottles? Are the products you are presenting useful and items your customer will reuse over and over in their daily lives? Do the items you are presenting have recycled content or renewable materials in them? Remove the date on imprinted items like t-shirts that are usable or sellable year after year. Swap out traditional plastic and synthetic materials for more sustainable options like recycled fabrics, bamboo, stainless steel, and biodegradable packaging. Many suppliers now offer certified sustainable options that align with customer demand. Be Transparent About Sustainability Claims. Avoid greenwashing by clearly communicating the sustainability features of your products. Use verified certifications (e. g. , Forest Stewardship Council, Bluesign, B Corp Certification) and provide details on why a product is eco-friendly. Honest, credible claims build trust and set you apart from competitors making vague or misleading statements. Spotlight: Eco-Products - what they are and how to create value with them What does “eco” mean? At a glance, “eco” is short for “ecological”, but how does that apply when we are talking about a power bank or waterproof jacket? First, it’s important to note that “eco” or “eco products” are not a certifiable term, it’s a descriptor that signifies a level of environmental consideration that has been part of the product’s design. It could mean the item is: Made with recycled content Has a regenerative component like seeded paper or pencils Made with renewable materials like bamboo or bio-based plastic The purchase of the item may fund offsets or contribute to social impact The product is more reusable, multi-use, or durable compared to the non-eco version Other features suppliers are considering as contributing to a reduced impact on the environment. An “eco product” doesn’t always mean there’s a sustainable end-of-life plan for the product, but the best ones out there do, and we are sure to see more consideration of end-of-life waste in the promotional products space in the future. You can think of “eco products” as a colourway available to you that can help you grow your sales. Not everyone is going to care about sustainability, and that’s fine! You can consider “eco” as a colourway that is now available to help you grow your business with those customers who have included sustainable efforts in their brand or procurement process. Wrapping Up Sustainability in the promo industry is a journey, but it matters. Promo companies that understand sustainability and know how to implement it correctly can meet compliance requirements while offering real differentiation for their products. Thanks to our VIP contributor Brianna LePiane for her invaluable insights on sustainable promo products in this article. You can learn more about her company, Sustainable Product Sales here. About CarbonSuite CarbonSuite is a Built-for-NetSuite carbon accounting software solution that helps your company to record, report, and reduce its environmental impact. CarbonSuite is a certified NetSuite "SuiteApp" that automates carbon accounting and sustainability reporting, all directly within your NetSuite ERP system. As certified experts in both NetSuite and Sustainability Management, CarbonSuite is here to help you streamline and integrate your sustainability process within your existing financial and operational processes in your ERP system. CarbonSuite is a certified PPAI solution partner, you can view our solution listing on the PPAI Solutions Center. PPAI members that use NetSuite can even get a discount on their licensing with CarbonSuite. CarbonSuite is dedicated to driving sustainability in the promotional products industry. For more information, contact us at info@carbon-suite. com. - Published: 2025-03-19 - Modified: 2025-05-14 - URL: https://carbon-suite.com/carbon-accounting-for-telecommuncations/ - Categories: Case Studies CarbonSuite is a simple and effective solution, providing carbon accounting services for a wide range of businesses. Here's how CarbonSuite was able to provide enhanced ESG Reporting for a global telecommunications company, JT Global. Objective Founded in 1895, JT is a global connectivity and business enterprise provider. Their offering includes a wide range of communication services and solutions. Headquartered in Jersey, Channel Islands, JT employs 480 people worldwide, serving both residential and business customers across the Channel Islands and beyond. JT has also expanded into international markets, delivering services like mobile intelligence, fraud protection, SIM swap identification, mobile number portability, enterprise messaging, and sponsored roaming solutions. ESG commitments sit at the very core of JT's business strategy. They have reduced their Scope 1 and 2 emissions by 41% since 2020, reflecting their strong ESG commitments. As a NetSuite customer, JT was looking for a built-in solution to enhance their emissions reporting. Their aim: to improve data accuracy and highlight trends in real-time. As CarbonSuite is industry agnostic, it was a practical solution to provide carbon accounting for a telecommunications company like JT. Let's have a closer look at how CarbonSuite was able to enhance JT's ESG reporting. Solution CarbonSuite’s Corporate Carbon Accounting SuiteApp was implemented for JT. With support from the CarbonSuite team, JT was able to install and configure the SuiteApp in their NetSuite account and immediately automate their carbon accounting process. This data serves as a key input to JT’s monthly and annual ESG update, providing audit-ready data that is accurately aligned to their financial data. Benefits Complex Calculations Made Simple JT has complex emissions calculations across Scope 1, 2, and 3. For example, they track emissions from refrigerant leaks in facilities, electricity emissions based on various market-based emission factors, and the emissions from the use of their sold products (mostly networking equipment and other digital hardware). Automation from CarbonSuite not only dramatically reduced the time and effort required for these calculations but provided JT with timely emissions reporting allowing them to focus their strategy. Accounting Team Enabled Led by financial controller, Hannah Mitchell, JT was able to integrate carbon accounting into their existing accounting workflows. This saved the team time, improved data accuracy, ensured security of sensitive financial data, and enhanced reporting with ready-to-use dashboards. Additionally, since the accounting team was already familiar with NetSuite, they were able to quickly understand and use the SuiteApp functionalities. Hands-on Support CarbonSuite provided dedicated support throughout the implementation and beyond, with real expertise in emission reporting that JT could easily understand. This ensured that the data was recorded correctly and that the JT team was fully trained on the system and confident in its output. Hear What JTG Says About CarbonSuite “Efficient reporting relying on automation from CarbonSuite has allowed us to focus more time on our action plan and spotting trends in the data, highlighting real areas of focus as we embed sustainable decision-making across our entire business. CarbonSuite have been a great partner to JT. The NetSuite build allows us to monitor and track our emissions, accurately and in real-time. It has taken away hours of manual reporting and provides an easy to use dashboard for stakeholder view and engagement. Efficient reporting has allowed us to focus more time on our action plan and spotting trends in the data has highlighted real areas of focus as we embed sustainable decision-making across our entire business. The team at CarbonSuite have been superb from implementation to on-going support. They act as an extended part of JT, making correspondence easy, timely and efficient. " - Hannah Mitchell, Financial Controller CarbonSuite offers a wide range of services, including carbon accounting for telecommunications companies. Contact us to learn how CarbonSuite can help your business achieve its ESG goals. - Published: 2025-03-09 - Modified: 2025-03-13 - URL: https://carbon-suite.com/australia-leading-the-way/ - Categories: Knowledgebase In an era of increasing global awareness about environmental, social, and governance (ESG) issues, sustainability reporting has emerged as a crucial tool for accountability and transparency. While some countries have stepped back from stringent reporting requirements, Australia has held firm, setting itself apart as a global leader. Central to this effort is the Australian Sustainability Reporting Standards (ASRS), which are raising the bar for ESG disclosures and driving progress across industries. A Global Shift in ESG Reporting Globally, sustainability reporting is at a crossroads. Economic pressures and political debates have led some countries to relax their ESG disclosure mandates. For instance, in the United States, the Securities and Exchange Commission’s (SEC) climate disclosure rules have faced delays and revisions. Similarly, parts of Europe, despite the EU’s ambitious Corporate Sustainability Reporting Directive (CSRD), are struggling with implementation challenges. For Australia, its the opposite. Rather than easing requirements, Australia has strengthened its commitment to sustainability reporting. This approach ensures that businesses remain transparent and accountable, even as global regulatory landscapes shift. The Role of ASRS in Shaping the Future The ASRS provide a clear roadmap for companies to disclose their environmental and social impacts. These standards align with global frameworks like the Task Force on Climate-related Financial Disclosures (TCFD) and the Global Reporting Initiative (GRI), making it easier for Australian businesses to engage with international investors. A key feature of the ASRS is its phased implementation approach. Recognizing the varying levels of readiness across industries, the standards are being rolled out gradually, giving companies time to adapt. Large organizations with more resources are expected to comply earlier, while smaller businesses have extended timelines to prepare. This approach balances ambition with practicality, ensuring broad participation without overwhelming smaller enterprises. Some standout features of the ASRS include: Clarity and Consistency: Businesses follow uniform guidelines, simplifying reporting processes and improving stakeholder understanding. Materiality Focus: Companies address the most significant ESG issues relevant to their operations and stakeholders. Global Integration: The alignment with international frameworks ensures Australian companies can compete globally. Sustainability in Action: Solar Energy and Energy Efficiency Australia’s commitment to sustainability isn’t limited to reporting; it’s evident in groundbreaking initiatives across all sectors. Take solar energy, for example. Australia has the highest rate of rooftop solar installations globally, with over 3 million homes now harnessing solar power. Large-scale solar farms, like the Darling Downs Solar Farm in Queensland, contribute significantly to the nation’s renewable energy output, reducing dependence on fossil fuels. Learn more about investing in solar and other renewables here. Energy efficiency is another area where Australia excels. Programs like the National Energy Productivity Plan (NEPP) aim to improve energy use across industries and households. Companies are adopting energy-saving technologies, such as smart meters and LED lighting, while innovative building designs, like those seen in the Pixel Building in Melbourne, demonstrate how architecture can merge sustainability with functionality. Learn how to implement your own energy efficiency practices here. What Makes Australia’s Sustainability Efforts Unique Australia’s leadership in sustainability reporting and initiatives sets a high standard for the rest of the world. Here’s why: Ambitious Renewable Energy Goals: Australia’s Renewable Energy Target (RET) aims to generate 82% of electricity from renewable sources by 2030. Projects like the Sun Cable initiative, which plans to export solar energy to Southeast Asia, highlight its bold vision. Innovative Circular Economy Practices: Initiatives such as the National Waste Policy Action Plan focus on reducing waste through recycling and reuse, with businesses like Planet Ark leading the charge in circular economy practices. Community Engagement: Programs like Indigenous ranger groups incorporate traditional knowledge into modern conservation efforts, demonstrating a unique and inclusive approach to sustainability. The Path Forward As climate challenges intensify, the importance of transparent and consistent sustainability reporting cannot be overstated. Australia’s example, exemplified by the ASRS and its broader sustainability initiatives, shows that strong leadership and vision can drive real progress. While other nations may waver, Australia’s steadfast commitment serves as a reminder: sustainability isn’t just good policy—it’s essential for a resilient and prosperous future. By leading the world in solar energy, energy efficiency, and ESG reporting, Australia is paving the way toward a more sustainable and equitable planet. At CarbonSuite, we're proud to be partnering with businesses in Australia and working together to build a sustainable future for us all. Thank you, Australia, for your unwavering commitment to sustainability. Questions? Contact us - Published: 2025-01-30 - Modified: 2025-02-06 - URL: https://carbon-suite.com/key-sustainability-events-2025/ - Categories: Events As the world continues to prioritize sustainability, 2025 promises a lineup of impactful events bringing together leaders, innovators, and activists. Below is a month-by-month guide to key events to mark on your calendar: February World Sustainable Energy Days February 5-7, 2025 Wels, Austria One of the largest energy efficiency events in Europe, showcasing innovative solutions and fostering dialogue on sustainable energy systems. GreenBiz 25 February 10-12, 2025 Phoenix, AZ Annual event bringing together sustainable business leaders. Sustainability & Climate Reporting Conference February 18-19, 2025 Virtual (New Zealand) This event will dive into the technical aspects of transparent sustainability and climate reporting. It’s completely virtual, designed for companies in New Zealand, but open to anyone. Global Sustainability Standards Conference February 20-21, 2025 Berlin, Germany This conference focuses on aligning global sustainability standards to drive more consistent and impactful environmental and social practices. Sustainable Finance Europe February 25-26th London, United Kingdom This event offers a unique opportunity to explore strategies into sustainability progression. March Our Ocean Conference March 4-5, 2025 Brisbane, Australia Provides a platform for addressing challenges like marine pollution and overfishing, bringing governments Climate Leadership Conference Date: March 18-20, 2025 Houston, USA A gathering for climate-focused businesses to share best practices and explore strategies for reducing emissions and promoting sustainable growth. April Industrial Decarbonization Europe 2025 April 9-10th Amsterdam, Netherlands Event to bring together industry leaders to decarbonize the value-chain. San Francisco Climate Week April 19-27, 2025 San Francisco, California A series of events highlighting organizations, leaders, and community initiatives driving climate action and innovation. Earth Day 2025 April 22, 2025 Global This year’s theme is “Invest in Our Planet,” encouraging individuals and organizations worldwide to engage in environmental protection activities. Sustainable Brands '25 April 28-30, 2025 Cape Town, South Africa This conference explores how businesses can integrate sustainability into their brands to drive innovation and build trust with consumers. Circularity 25 April 29th – May 1st, 2025 Denver, Colorado This event focuses on accelerating the transition to a circular economy. May European Green Week May 20-24, 2025 Brussels, Belgium A flagship event for European environmental policies, highlighting progress and challenges in tackling climate and ecological issues The Financial Time's Climate & Impact Summit Europe May 21-22, 2025 London, United Kingdom The Climate & Impact Summit will highlight insights on building a cleaner, fairer global economy, as well as platforms for critical analysis of climate change and net-zero strategies. Clean Energy Ministerial (CEM16) May 27-28, 2025 Abu Dhabi, UAE A high-level meeting where global leaders collaborate on accelerating clean energy transitions and addressing energy challenges. June World Circular Economy Forum (WCEF) June 3-5, 2025 Helsinki, Finland A forum to promote global solutions for a circular economy, emphasizing waste reduction and sustainable production practices. Sustainability Reporting Europe 2025 June 10-11th, 2025 London, United Kingdom Event designed to shape and inform sustainability reporting strategies across Europe. Specifically focuses on the CSRD and how to meet upcoming requirements. UN Ocean Conference June 16-20, 2025 Lisbon, Portugal An event for advancing sustainable development goals related to ocean conservation and management. London Climate Week June 21-29 London, United Kingdom This event mobilizes London’s ecosystem of climate and non-climate organizations to accelerate global climate action. July Asia-Pacific Climate Week Date: July 8-10, 2025 Bangkok, Thailand An event to bring together stakeholders from the public and private sectors in the Asia-Pacific Region. Sustainable Development Impact Summit July 22-24, 2025 Geneva, Switzerland Hosted by the World Economic Forum, this summit focuses on sustainable investments and innovations that tackle global challenges. August Sustainability Science Congress August 11-13, 2025 Copenhagen, Denmark A platform for scientists and policymakers to discuss evidence-based solutions to complex sustainability issues. National Climate Adaptation Summit August 25-26, 2025 Chicago, USA This summit examines strategies and technologies to enhance resilience against climate change impacts. September Sustainability Live London September 9-10, 2025 London, United Kingdom Brings together sustainability leaders across the world to share goals, progress, and insights in achieving ESG targets. Global Climate Action Summit September 15-17, 2025 Tokyo, Japan An event for encouraging countries and organizations to commit to ambitious net-zero goals and share progress on climate action. Climate Week NYC September 21-28, 2025 New York City, United States This week brings together business leaders, political change makers, local decision takers and civil society representatives to drive progress towards sustainability goals. Resilient Cities Congress September 25-27, 2025 Bonn, Germany Provides a platform for cities to share solutions and challenges, focusing on urban climate resilience. October London Climate Technology Show October 1-2, 2025 London, United Kingdom Event designed to showcase climate technology, providing tools for businesses to enhance their sustainability goals. Greenbuild International Conference October 8-10, 2025 San Diego, USA A leading conference on sustainable building practices, featuring innovative designs and technologies for green construction. Biodiversity COP16 October 20-31, 2025 Istanbul, Turkey Part of the UN Convention on Biological Diversity, this meeting is focused on achieving global biodiversity targets. Bloom October 28th – October 30th, 2025 San Jose, California An event for business professionals advancing strategies to protect and regenerate nature. November United Nations Climate Change Conference (COP30) November 3-14, 2025 Belém, Brazil This year’s meeting will be focused on rainforest protection, as the annual meeting brings nations together to advance the global climate agenda. Sustainable Innovation Forum (SIF) November 4-7, 2025 Belém, Brazil This event algins with COP30 to showcase innovations in sustainability. December Eco Innovation Forum December 2-3, 2025 Dubai, UAE Event designed to highlight and promote eco-tech innovations. Global Biodiversity Science Summitv December 15-17, 2025 Nairobi, Kenya An important gathering for discussing advances in biodiversity science and strategies for global conservation. Learn more: Why Attend These Events? These 2025 sustainability events are crucial opportunities to be part of the global movement towards a sustainable future. By attending, you can expand your network by connecting with global leaders, innovators, and activists who are at the forefront of sustainability initiatives. Gain knowledge about the latest developments, including cutting-edge technologies and actionable strategies to address environmental challenges. Many of these events directly influence policymaking, giving you the chance to contribute insights that shape more effective sustainability frameworks. You’ll also discover resources such as tools, funding opportunities, and case studies to empower your projects. Ultimately, these gatherings can inspire action, equipping you with the motivation and practical solutions needed to drive meaningful change in your community or organization. Make 2025 the year you actively engage in sustainability by participating in these transformative events. Ready to start your sustainability journey? Contact CarbonSuite today! - Published: 2025-01-25 - Modified: 2025-04-26 - URL: https://carbon-suite.com/csrd-quiz/ - Categories: Surveys QUIZ START - Published: 2024-12-11 - Modified: 2024-12-18 - URL: https://carbon-suite.com/navigating-csrd-compliance/ - Categories: Knowledgebase The CSRD is a big piece of legislation. It can be difficult to determine who exactly is required to report and when. That's why we've made our CSRD Compliance Quiz - Take the quiz below to determine when and if your business will need to submit reports to the CSRD. For more information on the CSRD check out our corresponding blog posts where we provide deep dives on CSRD NetSuite Best Practices, ESRS E1-E5, ESRS S1-S5, and ESRS G1. Determining your eligibility is easy! First, just fill out the contact form below and then we we'll take you to the quiz. Looking for a simple and effective solution to comply with upcoming CSRD mandates? Contact CarbonSuite today! Hear What Customers are Saying About CarbonSuite “Great Product and Seamless Implementation” We had an amazing experience with CarbonSuite. Their team is knowledgeable, efficient, and passionate about helping companies implement carbon accounting. Process automation is crucial for our firm because we don’t have a dedicated in-house sustainability team. The SuiteApp is plug-and-play with NetSuite, and we calculated our entire 2023 carbon footprint within days of installing it. The product is easy to use and fits seamlessly into our NetSuite processes. Highly recommend CarbonSuite for anyone using NetSuite. Check out the SuiteApp Store for more 5-Star Reviews! Your CSRD Quiz: QUIZ START - Published: 2024-12-09 - Modified: 2025-05-06 - URL: https://carbon-suite.com/asrs-for-netsuite-users/ - Categories: Knowledgebase Australia is gearing up for a significant shift in corporate reporting with the introduction of mandatory sustainability disclosures. Starting in 2025, new standards will be in place, aiming to enhance transparency and accountability regarding corporate sustainability. If you are a NetSuite user, CarbonSuite is your go-to SuiteApp for preparing your business' AASB reports. Here's our breakdown of the Australian Sustainability Reporting Standards (ASRS). The Framework The Australian Accounting Standards Board (AASB) has drafted three Australian Sustainability Reporting Standards (ASRS) to guide these disclosures: AASB 1: General requirements for climate-related financial disclosure. AASB 2: Detailed climate-related financial disclosures. These standards align with the global IFRS S1 and IFRS S2, focusing on climate-related risks. Key Requirements Climate Resilience Assessments Scenario Analysis Organizations must evaluate their resilience under at least two climate scenarios, including a low-emission pathway consistent with limiting warming to 1. 5°C and a ‘high’ emission (2. 5C or higher) scenario. For example: A manufacturing company may analyze the impact of a 1. 5°C scenario involving stricter global carbon regulations (e. g. , carbon pricing) and a 3°C scenario predicting more frequent extreme weather events like floods. This would involve modeling impacts on production, supply chains, and costs . Adaptation and Mitigation Entities need to outline how they will adapt to identified risks and mitigate them, including planned adoption of technologies, reliance on offsets, or process changes. For example: A renewable energy company might describe plans to invest in more efficient solar panel technologies and highlight its strategy to offset emissions through certified carbon credits. They could also present a timeline for achieving net-zero goals Governance and Risk Management Climate-related risks must be embedded into the organization’s governance and risk management processes, with clear accountability. For example: A mining company might establish a climate risk committee reporting to the board, tasked with monitoring physical risks like droughts affecting water availability. They would also measure transitional risks such as shifting investor preferences toward low-carbon portfolios . Disclosure of Methodologies and Assumptions Organizations must disclose key inputs, assumptions, uncertainties, and the rationale for chosen scenarios. For example: A financial institution assessing portfolio vulnerability to climate risks might specify assumptions regarding carbon intensity trends in key sectors (e. g. , energy or transport), uncertainties about policy changes, and the financial models used . Metrics and Targets Disclosures must include specific metrics, such as physical risks, transitional risks, and GHG emissions. This would include any sustainability or emission reduction targets as well. Physical risks: Proportion of assets vulnerable to extreme weather events. Transitional risks: Value of investments in industries at risk from decarbonization policies. Greenhouse Gas (GHG) Emissions: Scope 1 and 2 emissions in initial reports, expanding to Scope 3 in subsequent periods. For Example: A utility company may report that 20% of its assets are in regions prone to flooding under a high-risk scenario and detail the associated remediation costs. They could also disclose GHG emissions reductions through investments in wind and solar energy . Greenhouse Gas Emissions Reporting must follow methodologies outlined in Australia's National Greenhouse and Energy Reporting (NGER) Act. Scope of Emissions Reporting Entities must disclose Scope 1, 2, and 3 emissions defined under the GHG Protocol. They must also provide the conversion to CO2 Equivalent (CO₂e). To do so, they can use global warming potential factors aligned with the Intergovernmental Panel on Climate Change (IPCC) and local legislation like the National Greenhouse and Energy Reporting (NGER) Scheme. Entities are also required to disclose absolute emissions and intensity metrics (e. g. , emissions per unit of revenue or production). Measurement Methodologies Entities must prioritize using methodologies from Australia’s NGER Scheme. Foreign measurement frameworks can only be used if local methodologies are unavailable or impractical. Disclosure of Data Sources Entities must explain the sources of data used for measuring GHG emissions, including any limitations or uncertainties. For example: A company could state that Scope 3 emissions data is based on supplier-provided estimates, with uncertainties due to data collection gaps . Phased Implementation Reporting obligations will start for the largest entities in Jan 2025, expanding to smaller groups in 2026 and 2027. Large Entities (Group 1) Entities that meet two out of three criteria: First Reporting Period: Financial years starting on or after January 1, 2025. Additional Criteria: Includes reporters under the NGER Act with emissions exceeding 50,000 tonnes of CO₂ equivalent (Scope 1 and 2). Medium-sized Entities (Group 2) Entities meeting two of these thresholds: First Reporting Period: Starting July 1, 2026. Additional Criteria: Includes organizations not covered by Group 1 but registered under the NGER Act. Smaller Entities (Group 3) Entities with two of the following First Reporting Period: Beginning July 1, 2027. Asset Owners Registrable superannuation entities, registered investment schemes, or retail Corporate Collective Investment Vehicles (CCIVs) with $5 billion or more in assets under management. First Reporting Period: Start aligns with respective group timelines based on size thresholds. Exemptions Small businesses below the minimum size thresholds. Charities and Not-for-profits exempt under Chapter 2M of the Corporations Act. Assurance and Compliance To ensure credibility, sustainability reports will undergo phased audits, starting with limited assurance on Scope 1 and 2 emissions and escalating to full audits by 2030. How Can CarbonSuite Help? CarbonSuite is the only Built for NetSuite solution for mandatory sustainability reporting in Australia. As certified experts in both NetSuite and sustainability reporting, CarbonSuite helps you streamline and integrate your sustainability process within your existing financial and operational processes in your NetSuite ERP system. CarbonSuite uses Built for NetSuite features like our Emission Workbench and our AI Data Scanner to automate the sustainability reporting process. Our SuiteApp ensures that you stay compliant and up to date with sustainability reporting mandates. Make ASRS reporting a breeze by using NetSuite to get prepared today. Contact us to get started. Not in Australia but wondering if your business is subject to any disclosure mandates? Check out our Sustainability Disclosure Tracker. - Published: 2024-11-25 - Modified: 2024-11-25 - URL: https://carbon-suite.com/csrd-spotlight-esrs-g1/ - Categories: Knowledgebase As part of the Corporate Sustainability Reporting Directive (CSRD), reporting requirements are broken down into 3 main categories: Environmental, Social, and Governance (for an overview of the CSRD and who is affected, see corresponding blog post: CSRD NetSuite Reporting Best Practices). Here we will specifically look at the Governance Reporting Standards. This section provides specific information on how a company integrates sustainability into its governance structure. The Governance Standards make up 1 subcategory focusing on the governance structures and practices related to sustainability within a company. This category is defined as ESRS G1. Here we will explore ESRS G1 in detail. This section addresses the governance structures and practices related to sustainability within a company. Structure of the Board of Directors Companies must disclose the structure of their board of directors in order to oversee sustainability matters Roles and responsibilities of the board Whether sustainability is a part of decision-making processes Frequency of discussion on sustainability topics Sustainability Framework Policies and procedures related to governance, risk management, and internal controls concerning ESG matters How sustainability governance is integrated into the company’s broader corporate governance structure, for example: Alignment with business strategy Risk management processes Compliance frameworks Accountability and Transparency How a company ensures accountability for its sustainability objectives at all levels of the organization Clear lines of responsibility for sustainability performance and reporting Transparency in decision-making processes, including how decisions are made on sustainability-related issues (i. e. how investments in sustainability are prioritized) Risk Management System: A company’s approach to managing sustainability-related risks across their operations Identification, assessment, and mitigation of risks that may have significant environmental, social, or governance implications (i. e. climate-related risks, human rights violations, regulatory compliance risks) The integration of sustainability risks into the overall corporate risk management system, ensuring that these risks are considered alongside traditional financial or operational risks How risks are communicated within the organization, particularly between departments (i. e. between sustainability, finance, and operations teams) Internal Control Systems How a company’s internal control systems address risks related to sustainability Processes for monitoring and controlling ESG-related risks and ensuring compliance with relevant laws and regulations The effectiveness of internal controls in preventing misconduct, such as fraud, bribery, or corruption, related to sustainability issues Any third-party audits or assessments of the internal control systems, and how these audits address sustainability risks Sustainability Integration in Corporate Strategy How sustainability affects a company’s business strategy and decision-making processes How long-term sustainability goals are integrated into corporate strategy, and the role of the board in approving or overseeing these strategies Whether sustainability performance is a key factor in determining executive compensation or incentives Any sustainability reporting frameworks the company adheres to (i. e. GRI, SASB, TCFD), and how governance processes ensure the accuracy and reliability of these reports Sustainability Reporting and Accountability How a company manages reporting risks and ensures the accuracy and completeness of their sustainability disclosures How internal audits assist in verifying sustainability-related data Any involvement of the external auditor in reviewing the sustainability information disclosed in the company’s annual report The processes in place for reporting and addressing sustainability-related controversies or issues Governance Mechanisms and Best Practices Any specific governance mechanisms a company uses to foster a culture of sustainability Sustainability committees or task forces within the board or executive teams Training and awareness programs on sustainability topics for relevant governance personnel Use of industry best practices, such as adopting codes of conduct, ethical guidelines, or international standards for corporate governance in sustainability Stakeholder Engagement and Dialogue: How a company engages with external stakeholders (i. e. investors, customers, NGOs, regulators) to understand and manage sustainability risks and opportunities How stakeholder concerns affect governance and decision-making, as well as how the company addresses these concerns Specific stakeholder engagement mechanisms, such as shareholder meetings, consultations, or public disclosures, and how these mechanisms help shape the company’s sustainability strategy For information on Environmental and Social Standards, see corresponding blog posts: ESRS E1-E5 and ESRS S1-S4. If you are a NetSuite user, CarbonSuite provides the simplest and most effective way to transform your ERP data into meaningful, audit-ready reports. For more information, contact the team here. Not in the EU but curious if sustainability reporting requirements may affect your business? Check out our Sustainability Disclosure Tracker. - Published: 2024-11-25 - Modified: 2024-11-25 - URL: https://carbon-suite.com/csrd-spotlight-esrs-s1-s4/ - Categories: Knowledgebase As part of the Corporate Sustainability Reporting Directive (CSRD), reporting requirements are broken down into 3 main categories: Environmental, Social, and Governance (for an overview of the CSRD and who is affected, see corresponding blog post: CSRD NetSuite Reporting Best Practices). Here we will specifically look at the Social Reporting Standards. This section is designed to provide specific information on a company’s social impact. The Social Standards are broken down into 4 subcategories, focusing on workforce well-being, human rights, diversity, and community engagement. These categories are defined as ESRS S1-S4. Here we will explore each of the 4 subcategories in detail. ESRS S1: Own Workforce This section relates to a company’s own workforce, including areas related directly to employee safety and overall well-being within a company. Employee Governance and Management Details on policies on human rights, working conditions, and labor standards Diversity, Equity, and Inclusion (DEI) Policies and practices to promote diversity, equity, and inclusion (DEI), including gender, age, disability, ethnicity, and other diversity dimensions Report on workforce diversity at different levels of the company (i. e. senior management, board of directors) Labor Practices Information about working hours, fair wages, job security, and non-discriminatory labor practices Disclosure of collective bargaining agreements and the company’s relationship with trade unions Data on employee turnover and retention rates Health and Safety Report on occupational health and safety practices, including the number of work-related injuries, fatalities, and illnesses Measures to promote worker well-being and mental health, including employee support programs Training and Development Information about training and development opportunities provided to employees, including the number of hours spent on training, upskilling, and reskilling initiatives Employee Rights and Grievances: Disclosure of processes for handling employee grievances and ensuring that employees’ rights are respected, including in regions with weak labor protections ESRS S2: Workers in The Value Chain This section highlights the need for companies to ensure decent working conditions not just within their own operations but throughout their entire value chain. Supply Chain Management How fair and safe working conditions are ensured in a company’s supply chains. This is particularly important in high-risk areas or industries with labor issues such as textiles and agriculture Due Diligence Steps taken to assess and manage risks related to labor rights violations, including forced labor, child labor, and unsafe working conditions Disclosure of any audits, inspections, or third-party evaluations conducted on suppliers to ensure compliance with labor standards Engagement with Suppliers How a company engages with suppliers to promote better labor practices. This can include training programs, capacity-building, or incentivizing suppliers to improve working conditions Human Rights Impact Provide any human rights violations or labor issues that have occurred within a company’s supply chain and what actions have been taken to address them Disclosure of any partnerships with NGOs or third-party organizations aimed at improving labor conditions within the value chain ESRS S3: Affected Stakeholders This section focuses on how companies interact with and impact affected stakeholders, such as local communities, consumers, and other external parties impacted by the company’s operations. Stakeholder Identification Identify key stakeholders and assess how they are affected by the company’s operations. This includes local communities, consumers, governments, NGOs, and others Community Impact Provide a company’s positive and negative social impact on local communities. Positive impacts such as job creation, contributions to local economies Negative social impacts such as displacement, environmental degradation and efforts to mitigate them Details on community engagement efforts, including consultation with local populations before major projects like infrastructure or resource extraction Consumer Protection and Product Responsibility: Details on how a company ensures consumer safety and product quality,( particularly in sectors such as food, pharmaceuticals, and technology) A company’s efforts to address issues like product recalls, data privacy, or misleading advertising Human Rights and Stakeholder Engagement Disclosure of how the company ensures human rights are respected for affected stakeholders, including initiatives to address issues such as forced or child labor, discrimination, or safety violations Information about dialogue with affected stakeholders, including any grievances or conflicts that have been raised and how they were addressed ESRS S4: Consumer and End-user Issues This section covers the company’s responsibility toward consumers and end-users, focusing on product safety, quality, and marketing practices that affect consumers directly. Product Safety A company’s efforts to ensure product safety and meet relevant regulations (especially in sectors with high safety risks like automotive, pharmaceuticals, and food) Reporting on any incidents or accidents related to product safety, including product recalls and corrective actions taken Fair Marketing Practices Information on the company’s advertising and marketing practices, including efforts to avoid misleading claims or false advertising Disclosure of policies related to advertising to vulnerable populations, such as children or low-income groups Consumer Privacy How a company protects consumer privacy and ensures data security, including adherence to data protection laws (i. e. GDPR) Any breaches of consumer data, their impact, and how the company responded Access to Goods and Services Efforts to improve access to essential goods and services, such as healthcare, education, and affordable housing Consumer Complaints and Grievances Processes a company has in place to handle consumer complaints and how they address issues related to product quality, safety, or service Total number of complaints or disputes and the company’s efforts to resolve them fairly For information on Environmental and Governance Standards, see corresponding blog posts: ESRS E1-E5, and ESRS G1. If you are a NetSuite user, CarbonSuite provides the simplest and most effective way to transform your ERP data into meaningful, audit-ready reports. For more information, contact the team here. Not in the EU but curious if sustainability reporting requirements may affect your business? Check out our Sustainability Disclosure Tracker. - Published: 2024-11-25 - Modified: 2024-11-25 - URL: https://carbon-suite.com/csrd-spotlight-esrs-e1-e5/ - Categories: Knowledgebase As part of the Corporate Sustainability Reporting Directive (CSRD), reporting requirements are broken down into 3 main categories: Environmental, Social, and Governance (for an overview of the CSRD and who is affected, see corresponding blog post: CSRD NetSuite Reporting Best Practices). Here we will specifically look at the Environmental Reporting Standards. This section is designed to provide specific information on a company’s climate-related risks and how they are managed. The Environmental Standards are broken down into 5 subcategories, focusing on pollution, resource use, and biodiversity. These categories are defined as ESRS E1-E5. Here we will explore each of the 5 subcategories in detail. ESRS E1: Climate Change This section focuses on a company’s impact on climate change and its efforts to manage climate-related risks and opportunities. It aligns with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. Governance Description of the governance structure including information on specific employees and organizations tasked with overseeing and implementing climate-related policies Strategy How a company aligns their business model and strategy with the transition to a low-carbon economy Assessment of short-, medium-, and long-term risks related to climate change Scenario analysis to evaluate climate-related risks under different temperature rise scenarios (e. g. , 1. 5°C, 2°C) Details on the company’s Net-Zero target, including timeline Risk Management How a company identifies, assess, and manages climate-related risks Metrics and Targets Disclosure of Scope 1, 2, and 3 emissions Information on carbon intensity, emissions reductions, and progress towards climate-related targets ESRS E2: Pollution This section relates to details on any form of pollution that a company may be contributing to the environment. It requires the specific quantitative data on the pollutants emitted as well as measures taken to reduce pollution. Air Pollution Details on emissions of pollutants such as NOx, SOx, and particulate matter Specific measures a company is taking to reduce emissions Water Pollution Information on a company’s discharge of pollutants into water systems. This would include wastewater management practices and reports Details on water use and efforts to minimize water contamination Waste Management Disclosure of waste generation, treatment, and disposal practices Waste reduction and diversion programs such as recycling programs or circular economy initiatives Chemical Use Details on use of hazardous chemicals and efforts to reduce or manage their environmental impact ESRS E3: Water and Marine Resources This section focuses on a company’s impact on freshwater and marine resources. Some aspects are not relevant to all organizations. Water Use Report on water consumption across operations, broken down by water stress regions Measures a company is taking to reduce consumption, for example water recycling or conservation Water Management Risks Risks to water scarcity and quality Water management practices in place to reduce impact Marine Pollution and Conservation (If applicable) Information on marine resources and steps taken to protect marine resources Contribution to efforts to manage marine biodiversity ESRS E4: Biodiversity and Ecosystems This section highlights a company’s impact on biodiversity and ecosystems, including habitat destruction, species protection, preservation. Biodiversity Risks The company’s direct or indirect impact on biodiversity, such as deforestation, habitat degradation, or overuse of natural resources Mitigation Measures Efforts to reduce negative impacts on ecosystems and species, for example participation in biodiversity protection initiatives like WWF Governance and Policy How biodiversity is integrated into a company’s environmental policies and governance structures Reporting on any biodiversity-related targets or certifications the company is working toward (i. e. commitment to no deforestation or preservation of certain habitats) Biodiversity Monitoring The use of biodiversity monitoring practices and how the company measures its impact on ecosystems ESRS E5: Resource and Circular Economy This section assesses how a company uses resources and what initiatives are in place to minimize consumption and extend product life cycles. Resource Efficiency Details on a company’s efficiency of resource use. This includes the reduction of raw materials, energy, and water across production processes Description of circularity efforts, including disclosure on how materials are reused, recycled, or repurposed to minimize the need for virgin resources Waste and Recycling Information on the volume of waste generated, including the percentage that is recycled or repurposed Details on initiatives in place to eliminate single-use products, reduce packaging waste, or shift towards sustainable packaging Sustainable Design and Product Life Cycle Disclosure of efforts to design products with longer lifespans, ease of repair, or recyclability. Description of any business models based on product-as-a-service or take-back schemes that encourage reuse or recycling. Circular Economy Metrics Disclose key performance indicators (KPIs) related to circular economy efforts, such as percentage of materials sourced sustainably or waste diverted from landfills For information on Social and Governance Standards, see corresponding blog posts: ESRS S1-S4, and ESRS G1. If you are a NetSuite user, CarbonSuite provides the simplest and most effective way to transform your ERP data into meaningful, audit-ready reports. For more information, contact the team here. Not in the EU but curious if sustainability reporting requirements may affect your business? Check out our Sustainability Disclosure Tracker. - Published: 2024-11-25 - Modified: 2024-11-25 - URL: https://carbon-suite.com/csrd-netsuite-reporting-best-practices/ - Categories: Knowledgebase CSRD Reporting deadlines are coming fast. Beginning Jan 1st, 2025, many companies will be mandated to submit reports to the CSRD. If unprepared, data collection and reporting can be tricky, which is why CarbonSuite was designed to easily automate CSRD Reporting within NetSuite. In CarbonSuite’s Guide to CSRD Reporting, we will go through the following points so that you leave feeling well-prepared for upcoming reports. Who is Subject and When? What Information is Required? CSRD NetSuite Best Practices Who is Subject to CSRD Reporting? The Corporate Sustainability Reporting Directive (CSRD) is a piece of EU Legislation, replacing the Non-financial Reporting Directive (NFRD), designed to enhance the scope and quality of sustainability reporting by corporations. It mandates disclosure of sustainability-related information, requiring that sustainability information is reported with the same rigor as financial data, setting the stage for audit requirements. As it is a piece of EU Legislation, the CSRD is designed for companies operating with the EU. But who exactly needs to submit these reports and when depends on a variety of factors. Reporting is rolled out in a phased approach: It began in 2024 and is rolled out through 2029. Let’s take a look at who needs to report and when. NFRD Companies Reporting Begins: Jan 1, 2024 Report Due: Jan 1, 2025 (Meaning companies must report on data from 1st of January 2024) NFRD Companies are companies that are already subject to NFRD Reporting. This means they are publicly listed and meet one of the following: OR Large EU Companies Reporting Begins: Jan 1, 2025 Report Due: Jan 1, 2026 (Meaning companies must report on data from 1st of January 2025) Companies who meet two of the following: Listed Small and Medium Enterprises (SMEs) Reporting Begins: Jan 1, 2026 Report Due: Jan 1, 2027 (Meaning companies must report on data from 1st of January 2026) Listed SMEs are unique in the aspect that they are able to delay reporting under certain conditions. If they are able to prove that they cannot provide adequate information by the reporting date, these businesses are able to opt out until a later date. * SMEs are defined as companies who meet two of the following: *If opting out, reporting begins Jan 1, 2028, with reports due Jan 1, 2029. Non-EU Companies Reporting Begins: Jan 1, 2028 Report Due: Jan 1, 2029 (Meaning companies must report on data from 1st of January 2028) Non-EU Companies are companies outside the EU with a net turnover of €150 million in the EU for the last 2 financial years, and at least two of the following: With the phase-in approach, there are some allowances in report submissions. We’ll discuss these in more detail in the next section, but here’s a quick summary: All entities: May omit anticipated financial effects from climate and environment-related impacts, risks and opportunities in Year 1 Qualitative disclosures on anticipated financial effects are permitted if quantitative disclosures are impracticable in Years 1 to 3 May omit some additional Social disclosure requirements in Year 1 Small entities: May omit data on GHG emissions, biodiversity, resource use, and various social disclosure in Years 1 and 2 What Information is Required? Reports submitted to the CSRD must include financial as well as non-financial disclosures. Financial Disclosures Financial disclosures aim to cover the monetary aspects of a company’s carbon footprint. This includes traditional financial statements, information on how risks and opportunities affect financial performance and positions, and the financial implications of sustainability-related issues. For example, a company may estimate that climate-related risks could result in a potential loss due to increased energy costs and regulatory fines associated with non-compliance with emissions standards. In this section, they would highlight the expected loss, for example, €20 million in the next 5 years. Another example could be reporting on a company’s carbon intensity (CO2 emissions per unit of revenue). For instance, a particular company may have a carbon intensity of 50 kg of CO2 per €1,000 in sales. This would be included in the financial disclosure section. Another example would be if a company set aside Non-Financial Disclosures Non-financial disclosures focus on a company’s approach to the areas of Environmental Social and Governance. They can be broken up into two categories: General Disclosures and Topical Disclosures. Both disclosures are governed by the European Sustainability Reporting Standards (ESRS) framework. General Disclosure: General Disclosures are required by all companies subject to the CSRD. They are broad and provide an overall picture of how sustainability is embedded in a company's strategy and governance. Some examples of General Disclosures are as follows: Strategy and Business Model (SBM): This details how a company incorporates sustainability factors into the business model and long-term strategy of a company. For example if a skincare company plans to cut out plastic packaging by 2030, this section would include information on the strategy to do so and how it would affect the overall business model. Governance: How the management board oversees sustainability-related risks and opportunities. This could include the appointment of a sustainability executive to oversee all sustainability related matters. Impacts, Risks and Opportunities: This would include a description of the principal risks and opportunities that the company faces related to sustainability, including both short-term and long-term impacts. For example, a wind company may be subject to physical climate risks such as extreme weather events due to the location of the turbines. This can pose threats to infrastructure, resulting in higher maintenance costs or losses when the turbines are not in operation due to unexpected weather patterns. Metrics and Targets: Any sustainability-related goals and targets set by the company and its performance in achieving them. For example if a company has a plan to achieve Net-Zero by 2040, this would include a high-level overview of the plan as well as milestones and progress updates. Topical Disclosures: Topical Disclosures are more focused on specific sustainability issues. They are broken up into 3 categories: Environmental, Social, and Governance. Each category is then broken down into sub-categories. For example, Environmental Standards are broken up into 5 subcategories (European Sustainability Reporting Standards (ESRS) E1 - E5), Social Standards are broken up into 4 subcategories (ESRS S1 - S4), and Governance is broken up into 1 subcategory (ESRS G1). For more details on each of the subcategories, please see our corresponding blog posts on ESRS E1-E5, ESRS S1-S4, and ESRS G1. CSRD NetSuite Best Practices As you can see, CSRD Reporting requires a high volume of data and a detailed, tailored approach. What solution could be better than using the data already saved in your existing ERP platform? By using your data within NetSuite, CarbonSuite is able to provide a tailored, automated approach to developing CSRD-compliant reports. (For a brief video-overview of CarbonSuite’s Carbon Accounting process, see here). Let’s have a closer look at CarbonSuite’s approach to CSRD Reporting. CarbonSuite separates the CSRD Reporting process into two distinct processes: 1) Carbon Accounting and 2) Sustainability Reporting. This is because carbon accounting follows the methodology of the GHG Protocol and is the most time-intensive process in CSRD Reporting. However, the first step is to define the scope of your reporting using a Double Materiality Assessment. Double Materiality Assessment Using CarbonSuite’s CSRD Disclosure tool, you can work through your Gap Analysis, Double Materiality Assessment, Value Chain Mapping, and other requirements under ESRS 1: General Requirements. This is a crucial first step because it defines which data points will be considered “material” for CSRD Reporting. This is the basis for preparing disclosures, and you can find more information on it in ESRS 2: General Disclosures. Carbon Accounting Set Organizational & Operational Boundaries Define which subsidiaries, locations, and assets, and types of activities to include in your carbon reporting. Identify Emission Sources Determining your emission sources during the initial setup of CarbonSuite is a one-time procedure that allows a company to define any and all possible sources of GHG emissions. This includes everything from purchased electricity to water use to end-of-life treatment of products sold. In this step, we consider emissions throughout the entire value chain, allowing for easy and accurate reporting later on. Collect Data Once you've defined your emission sources, it's time to automate your carbon accounting! Using data already stored within NetSuite, CarbonSuite parses through your activity data, matches each activity to an emission category, and calculates your GHG emissions. Yep - it's that simple! CarbonSuite can also collect other environmental data from NetSuite transactions, such as energy consumption, water consumption, and waste generation. These are additional data points within CSRD. Calculate Emissions CarbonSuite automatically calculates your carbon emissions, and defines them by emission and carbon dioxide equivalent, compliant with CSRD reporting requirements. Audit Emissions Once emissions have been calculated, they are stored in the Emission Workbench, a feature within CarbonSuite allowing you to easily reconcile data and fix any errors. The Carbon Ledger is easily auditable and records all changes made in the process. Generate Reports CarbonSuite allows for easy generation of dashboards and reports, giving you real-time visibility into emissions, making data-driven communication easily attainable. Identify Reduction Strategies Once emissions are calculated, CarbonSuite’s Reduction Strategy feature allows companies to easily generate reduction strategies to satisfy reduction disclosure requirements of the CSRD. CarbonSuite even has partners worldwide to help you design and implement strategies to reduce your GHG emissions. See our Reduction Strategies for more information. Sustainability Reporting Collect Other Environmental, Social, and Governance Data Using CarbonSuite’s CSRD Disclosure Module, you can easily integrate other software systems and consolidate data for every ESRS data point in one place. Much of the environmental data can come from CarbonSuite via your NetSuite account, but oftentimes much of the Social and Governance data exists in other systems (ex: HRIS system) or offline. Audit CSRD Report Once you have collected all of your data for CSRD Reporting, you can use CarbonSuite’s platform to audit your results. Because these are mandatory disclosures, this is a crucial step. Review each data point and validate each against your materiality thresholds and prepare for disclosure. Submit Disclosure CSRD requires companies to submit sustainability disclosures in an annual report known as the “Sustainability Statement. ” This Sustainability Statement is required alongside financial reports. CSRD does however require that the report be both “human readable” and “machine readable. ” Typically, companies will publish a PDF version of the Sustainability Statement and an XBRL tagged version. The best thing you can do for your business is start preparing today. Whether reporting requirements will affect your business at the start of 2025 or 2028, making preparations and collecting useful data now will make the reporting process more cost effective and hiccup-free when the time comes. Luckily, CarbonSuite provides an opportunity maintain all of the data required for CSRD reporting within NetSuite. If you are a NetSuite user, CarbonSuite provides the simplest and most effective way to transform your ERP data into meaningful, audit-ready reports. For more information, contact the team here. Not in the EU but curious if sustainability reporting requirements may affect your business? Check out our Sustainability Disclosure Tracker. - Published: 2024-11-11 - Modified: 2024-11-11 - URL: https://carbon-suite.com/australia-new-zealand-sustainability-reporting/ - Categories: Knowledgebase - Tags: australia, carbon accounting, carbonsuite, new zealand, sustainability New Mandates Coming to Australia and New Zealand Australia and New Zealand have both passed reporting mandates that require companies to report data related to their sustainability performance. These mandates are aligned with a global movement of regions mandating companies to report data related to the carbon footprint, climate risk, and other metrics as we transition to the Net Zero economy. Let's take a closer look at the Australia Sustainability Reporting Standards and New Zealand's Mandatory climate-related disclosures: Australia Sustainability Reporting Mandates Who is required to report? Companies in Australia with revenue over $50M AUD or 100+ employees What needs to be reported? Greenhouse gas emissions Climate risks Climate governance, strategy and risk management Other sustainability data When does reporting start? Group 1 – Jan 2025 – Revenue over $500M AUD or 500+ Employees Group 2 – July 2026 - Revenue over $200M AUD or 250+ Employees Group 3 – July 2027 – Revenue over $50M AUD or 100+ Employees New Zealand Sustainability Reporting Mandates Who is required to report? All registered banks, credit unions, and building societies with total assets of more than $1 billion. All managers of registered investment schemes (other than restricted schemes) with greater than $1 billion in total assets under management. All licensed insurers with greater than $1 billion in total assets or annual premium income greater than $250 million. Listed issuers of quoted equity securities with a combined market price exceeding $60 million. Listed issuers of quoted debt securities with a combined face value of quoted debt exceeding $60 million. What needs to be reported? Greenhouse gas emissions Climate risks Climate governance, strategy and risk management Other sustainability data When does reporting start? Reporting began January 1, 2023 How can CarbonSuite help? CarbonSuite is the only Built for NetSuite solution for mandatory sustainability reporting in Australia and New Zealand. As certified experts in both NetSuite and sustainability reporting, CarbonSuite helps you streamline and integrate your sustainability process within your existing financial and operational processes in your NetSuite ERP system. CarbonSuite uses Built for NetSuite features like our Emission Workbench and our AI Data Scanner to automate the sustainability reporting process. Our SuiteApp ensures that you stay compliant and up to date with sustainability reporting mandates. Contact us to learn more today. Customer Story - CH4 Global Sydney, Australia based CH4 Global was looking for a solution to automate their sustainability reporting process. Luckily, they found CarbonSuite's Built for NetSuite carbon accounting and sustainability reporting SuiteApp. CH4 Global produces a special type of seaweed that when fed to cattle, reduces their methane emissions by up to 90%. Cow burps and flatulence produce methane (CH4). Methane is a greenhouse gas that warms the earth 28 times more than carbon dioxide (CO2). With CarbonSuite, CH4 Global was looking to automate their own carbon accounting and sustainability reporting processes. Hear more about their story with CarbonSuite here. Hear from Orlando Hayes, Sustainability Manager at CH4 Global: “I started working with the CarbonSuite team about a year ago with the intent of simplifying the GHG accounting process and automating calculations. Over that time, it has been a pleasure to work with Poyan and the CarbonSuite team. The SuiteApp is the only one that actually integrates with NetSuite and allows accounting teams to take ownership of GHG reporting. They have been flexible and open to new ideas, and we have also managed to integrate the platform with other third-party apps, ultimately letting us create custom expense reports that capture emission data on flights, fuel usage, mileage, and more. This distribution of efforts in GHG accounting will ultimately enable us to track our impact while scaling operations. Excellent team both in technical knowledge and personality, I would 100% recommend and use again. ” For more information, send us an email at info@carbon-suite. com or Contact Us. - Published: 2024-11-01 - Modified: 2024-11-04 - URL: https://carbon-suite.com/scope-3-spotlight/ - Categories: Knowledgebase Scope 3 emissions are the result of activities from assets and activities not owned or controlled by the reporting organization, but that the organization indirectly affects in its value chain. Basically, the scope 3 emissions for one organization are the scope 1 and 2 emissions of another organization. Scope 3 emissions can seem daunting as they include a wide variety of emission sources. They are also not as straightforward as Scope 1 and 2 emissions. They can even represent up to 90% of an organization’s total emissions. Just have a look at the image below (GHG Protocol) - Scope 3 emissions encompass far more emissions than Scopes 1 and 2 combined. The full list of Scope 3 Categories is below: Purchased Goods and Services Capital Goods Fuel and Energy Related Activities Upstream Transportation and Distribution Waste Generated in Operations Business Travel Employee Commuting Upstream Leased Assets Downstream Transportation and Distribution Processing of Sold Products Use of Sold Products End of Life Treatment of Sold Products Downstream Leased Assets Franchises Investments (For an in-depth description of carbon accounting and Scopes 1, 2, and 3, check out our Carbon Accounting 101. ) As you can imagine, these emissions can be tricky to report on. Supply chains can be complex systems - supplier engagement, data inconsistencies, and lack of standardization all contribute to the complexity of reporting on Scope 3 emissions. Challenges in Reporting Scope 3 Emissions Supply chains are complex systems, and many companies rely on multi-tiered, global supply chains. When you are dealing with suppliers from all over the world, it can be difficult to keep data collection consistent and accurate. Some key barriers include: 1. Data Inconsistencies: Many suppliers, especially smaller ones, may not have robust systems for tracking or reporting emissions, leading to incomplete data. They may also use different methods and standards for reporting emissions, leading to inconsistent data across suppliers. 2. Supplier Engagement: Suppliers may not be willing or able to share emissions data, particularly in regions where sustainability reporting is not mandatory. Suppliers may not prioritize emissions reporting due to lack of awareness, resources, or incentives. They may even view data collection as too time-consuming and complicated, leading to low response rates or inaccurate reporting. To combat some of these challenges, Fortune 500 companies are mandating that suppliers report on their carbon emissions to remain in the partnership. (See supplier sustainability policies for more detail). 3. Measurement Complexity In addition to obstacles in the supply chain, Scope 3 reporting can prove difficult due to its variability in Emission Sources. Scope 3 includes emissions from various sources, such as purchased goods and services, transportation, product use, and product disposal, each requiring different data collection methods. CarbonSuite is able to address these challenges with our Built-for-NetSuite solution. Let’s dive into how. How Scope 3 Emissions Are Calculated Working with Primary Suppliers One option for measuring scope 3 emissions is to gather data from primary suppliers. This can be done by requesting information on their emissions from the suppliers themselves or by using third-party tools to estimate emissions based on the supplier's industry and location. It is important to note that the accuracy of this method may vary depending on the level of information available from the suppliers. Activity Data Collection This involves gathering specific data on activities that produce emissions, such as units purchased, distance traveled, energy used, or waste produced. For each type of activity, a corresponding emission factor (often industry-standard values) is used. Emission factors quantify the CO₂ emissions per unit of activity. For example, the emission factor for shipping might reflect CO₂ per ton-mile. Financial Estimates Another option for measuring scope 3 emissions is to use financial estimates. This method involves analyzing the company's financial records to estimate the emissions associated with different activities, such as production, transportation, and energy consumption. This method can provide a rough estimate of emissions, but may not be as accurate as data from primary suppliers. Product Standards To measure the carbon footprint of specific products, companies can use the GHG Protocol Product standard. This standard provides a framework for calculating the emissions associated with the entire life cycle of a product, from raw materials to disposal. This includes emissions from the extraction, production, use, transportation, and disposal of the product. To implement the GHG Protocol Product standard, companies will need to gather data on the emissions associated with each stage of the product's life cycle. This can include data on energy consumption, transportation, and waste generation. The data can then be used to calculate the emissions associated with the product and identify areas for improvement. How CarbonSuite Manages Scope 3 Emissions Example 1: Purchased Goods and Services Let’s take a look at an example of how CarbonSuite has helped customer, Pai Skincare, implement Scope 3 reporting across their supply chain. With Pai Skincare, we took a Crawl > Walk > Run approach. Crawl: We began with a spend-based analysis of their entire scope 3 emissions. This was easily completed within CarbonSuite, as all financial data came directly from NetSuite and was easily calculated in the SuiteApp. Our automation analyzes each NetSuite transaction and multiplies the financial value for each transaction by an Emission Factor, to get the carbon emissions for a particular item. Walk: Once the spend-based assessment was completed, we analyzed the carbon emissions using the 80/20 rule. This means that 80% of emissions are coming from the top 20% of their sources. In this case, we targeted the top 20% of suppliers and implemented a process to collect activity data. This means we could generate accurate, reportable emission data for 80% of supply chain emissions. We implemented our customizable vendor survey solution for Pai Skincare. This allows them to create tailored surveys for each vendor to increase their success in collecting activity data. This “primary data” is then integrated to CarbonSuite for more complete Scope 3 reporting. Run: Once this phase is complete, we move on to implementing the same process for activity data collection with the remaining suppliers. Using this targeted approach, we are able to obtain clear, accurate emissions throughout the supply chain. But what about other Scope 3 Emissions that are not a part of the supply chain? Easy! CarbonSuite is able to calculate emissions for all the different types of emission sources a company might have. Let’s have a look at another example. Example 2: Business Travel For example, let’s take business travel. An employee from your company takes a flight from New York to LA. This flight has associated emissions. For the airline, these emissions would be reported within Scope 1, since the airplane is a company-owned vehicle. For your business, these would be reported in Scope 3, as it falls under business travel. Now, how would CarbonSuite calculate the Scope 3 emissions? This activity would already be within NetSuite as a business expense. CarbonSuite will automatically define this type of activity as Scope 3. Calculating the emissions from this activity will then be done one of two ways: By scanning the attached invoice for data on the flight path. (i. e. scanning an invoice for JFK-LAX). Next, it calculates the carbon emissions based on the miles traveled within that flight. By scanning the attached invoice for financial data. If the attached invoice does not have the flight details, CarbonSuite will use the financial data and multiply it by an emission factor in order to determine the related emissions. Scope 3 is often misunderstood as it encompasses so much information. These emissions can be assumed to be tedious and difficult to calculate. Luckily, CarbonSuite has the right approach to get Scope 3 reporting streamlined, keeping reporting simple and accurate. Ready to explore how CarbonSuite can help transform your Scope 1, 2, and 3 reporting? Contact us today! - Published: 2024-10-22 - Modified: 2024-10-24 - URL: https://carbon-suite.com/why-your-business-needs-carbon-accounting-software/ - Categories: Knowledgebase In today's business landscape, sustainability is a critical component of long-term success. Carbon accounting software, with its numerous benefits, plays a pivotal role in achieving sustainable growth. Companies across industries are recognizing that reducing their environmental impact isn't only about protecting the planet—it’s about staying competitive, cutting costs, and meeting the expectations of customers, investors, and regulators. One essential tool in staying competitive during this shift is carbon accounting. This process involves recording and reporting your company’s carbon emissions, with the goal of reducing its environmental impact. But why should businesses invest in carbon accounting? Let’s break it down and explore the benefits carbon accounting can bring to your business. 1. Staying Ahead of Regulations ' Government mandates on climate reporting are happening quickly all over the world. Australia, Brazil, Hong Kong, the European Union, and the State of California have all passed mandates requiring climate disclosure for businesses. Further, regulations in the UK, Canada, and the Security Exchange Commision (SEC) in the United States are in progress. While reporting may not yet be required within your country, it is best to get prepared now as these regulations will certainly continue to come. Many countries have committed to becoming Net Zero by 2050, and climate reporting mandates have become a crucial tool in meeting these ambitious targets. Carbon accounting is the best and easiest way to comply with these upcoming reporting requirements, and CarbonSuite’s Built-For-Netsuite SuiteApp makes carbon accounting simple, effective, and hassle-free. For more information on voluntary and mandatory reporting requirements, see our Climate Disclosure Tracker. 2. Cutting Costs A driving factor in any business-related decision is cost effectiveness. When used correctly, carbon accounting can be an incredibly useful tool in cutting costs within any organization. Whether it's through saving on energy costs, reducing waste, or gaining access to financing and tax initiatives, carbon accounting is the perfect starting point in understanding where costs (and environmental impacts) can be reduced. At CarbonSuite, our carbon accounting solution includes a materiality assessment, which looks at the areas within a business that are producing the most carbon emissions. This is based on the 80/20 rule: 80% of your emissions are coming from 20% of your sources. But what does this mean for businesses? This means that we can easily narrow down where to focus on reducing emissions, and therefore costs. Some common examples include: energy efficiency, supply chain optimization, improved resource planning, and access to green financing and tax incentives. When companies measure their emissions, they often discover ways to use energy more efficiently and reduce waste. This leads to significant cost savings. For Example: Walmart used carbon accounting to identify inefficiencies in their supply chain. By improving their logistics and reducing fuel consumption, they saved millions of dollars and reduced their carbon footprint at the same time. 3. Attracting Investors and Stakeholders Investors are increasingly looking at how sustainable companies are, and making investment decisions based on it. This push is driven by a variety of factors, including stakeholder activism, climate disclosure requirements, and the fact that sustainability is just good-for-business. For Example: Ørsted, a Danish renewable energy company, is a great example of how sustainability reporting can attract investors. Ørsted was once one of the most fossil-fuel-intensive energy companies in Europe, but transformed itself into a global leader in renewable energy, particularly in offshore wind. This transformation, combined with detailed carbon accounting and carbon reduction targets, helped secure investments from funds such as BlackRock and Vanguard. These investments were specifically brought on by their 2022 Sustainability Report, where they showcased detailed carbon reductions and their commitment to green energy. Carbon accounting provides transparency and shows that a business is serious about reducing its environmental impact. 4. Reducing Business Risks Climate change can affect businesses in many ways—through resource shortages, supply chain disruptions, and even damage to a company’s reputation. Carbon accounting helps businesses understand these risks and take steps to minimize them. For Example: Apple uses carbon accounting to prepare for future challenges like material shortages or supply chain disruptions caused by extreme weather. By cutting emissions now, they are protecting themselves from these potential risks in the future. 5. Gaining a Competitive Edge Consumers are paying more attention to a company’s environmental impact, and in some cases are even demanding change. Businesses that can show real progress in reducing emissions through transparency and climate reporting can gain a competitive advantage. For Example: Companies like Coca-Cola are responding to consumer pressure by reporting on carbon emissions and pledging to use more sustainable packaging. For example, Coca-Cola aims to collect and recycle a bottle or can for every one it sells by 2030, reflecting consumer preferences for environmentally friendly packaging. 6. Boosting Employee Engagement and Retention Employees, especially younger ones, are increasingly passionate about working for companies that care about the environment. Carbon accounting allows businesses to show their commitment to sustainability, which can help with both employee engagement and retention. For example: CH4 Global is a company that helps lower the methane emissions produced by cattle through the production of seaweed. They were even reported as one of TIME’s Top Greentech Companies of 2024. This recognition boosts employee pride and loyalty, as workers are more likely to remain with a company that is well-respected for its sustainability efforts. Companies focused on sustainability have stronger employee retention, and are more likely to attract top talent. CH4 Global has mastered this through their sustainable technology efforts in combination with their climate reporting in CarbonSuite - transparently showing their commitment to carbon reduction. Conclusion Carbon accounting isn’t just about measuring emissions—it’s about building a better, more sustainable business. Whether it’s cutting costs, attracting customers, or staying ahead of regulations, carbon accounting offers a wide range of benefits. Major companies around the world have adopted sustainability reporting practices, and are even requiring it from their suppliers. By adopting carbon accounting, businesses can not only reduce their environmental impact but also unlock new opportunities for growth and innovation. It’s the right move for any company looking to thrive in today’s sustainability-driven market. Ready to see your company benefit from carbon accounting? Contact us today! - Published: 2024-10-19 - Modified: 2025-01-08 - URL: https://carbon-suite.com/carbon-accounting-ai/ - Categories: Product Features In this article, will review our new product feature: AI Data Scanner. At CarbonSuite, we believe that targeted and discrete uses of AI can have tremendous impacts on the carbon accounting process. We are very selective about deploying AI solutions that address the biggest challenge in carbon accounting: data collection and mapping. This feature is very exciting as it transforms the way CarbonSuite is able to interpret and process activity data. Using AI for carbon accounting removes the difficult work of collecting activity data and keeps emission calculations as accurate as possible. It allows you to automatically scan PDFs and other documents from your NetSuite transactions to calculate GHG emissions. Let's see how it works: We'll begin by looking at the Emission Workbench. This is your reconciliation page that automatically pulls data from NetSuite transactions to translate them to carbon emissions. Let's look through some transactions that were calculated: an electricity bill, a gas bill, and a water bill. Electricity Bill Electricity bills can be difficult to navigate. It is common that users have trouble determining exactly what information needs to be pulled from the bill to calculate GHG emissions at the time of input. Scanning these bills manually can be both difficult and time consuming. There can be lots of different values such as total cost, daily usage, peak usage, number of days, meter usages, etc. depending on the utility vendor. That's why we've designed an AI Scanner - so that you are able to sit back and let the AI do the hard work for you. Let's have a look at an example. This electricity bill has lots of information, and it can be difficult to determine which data is actually useful for calculating carbon emissions. Our AI feature is able to scan this bill for the useful information required, making carbon calculations simple and accurate. In this case, the AI reads the "Usage kWh" column and records the Total Peak and Total Off Peak usage. This total of 4,072 Kilowatt Hours is then input as the activity amount for the associated emission transaction. The engine then runs the calculation by using Emission Factors to translate this activity data into reportable GHG emissions. Just like magic! Simply record your Vendor Bills in NetSuite just like you already do, and AI Scanner calculates the GHG emissions of every transaction line. Now let's have a look at at another example. Gas Bill When looking at a gas bill, you are searching for different information an electricity bill. This can be confusing because it's not always clear to the accounting team which data to look for when recording the transaction in NetSuite. Thankfully, our AI knows just what to look for. In this case we have a gas bill from a utility vendor. This bill has financial data, term data, average daily consumption in gigajoules, year to date data, and usage measured in cubic meters. This is a lot of numbers to parse through, even for someone with experience looking through gas bills. Luckily, our AI Scanner knows just what to look for. In this case, it has pulled the cubic meters off of the bill and input them into CarbonSuite as the activity data. CarbonSuite then uses the 35,251 cubic meters and multiplies them against an Emission Factor to calculate the GHG emissions. This equates to roughly 71,388 tCO2e. Now let's have a look at one final example. Water Bill A water bill is unique because it actually has two different types of emission transactions: water usage and water treatment. Our AI features is intelligent enough to differentiate these two transaction lines. This allows for the most accurate emission calculations possible. The AI Scanner was able to read the line items for the water consumption, 1034 cubic meters, and the sewage disposal, 73. 74 cubic meters. The system then records 2 emission transactions, one for water consumption and one for wastewater. This line-level scanning of activity data is truly one-of-a-kind. In conclusion, AI Scanner is a game changer in the way carbon accounting is handled within the SuiteApp. CarbonSuite is committed to keeping things as simple, efficient, and cost-effective as possible for our customers. Check out a full demo of our new feature on our YouTube channel here. Ready to see how CarbonSuite can help optimize your carbon accounting processes? Get in touch with us today! - Published: 2024-08-28 - Modified: 2024-08-28 - URL: https://carbon-suite.com/cdp-disclosure-carbonsuite/ - Categories: Product Features - Tags: carbon accounting, carbonsuite, cdp, cdp disclosure, esg, netsuite At the time of this posting, the CDP Disclosure deadline is looming. If you are one of the 23,000 companies (source) that report to CDP, then you are likely scrambling to finalize your data collection and preparation. Many CarbonSuite customers disclose to CDP using our CDP Disclosure Workbook. Let's have a look at CDP and how this feature works in CarbonSuite. CDP Overview "CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The world’s economy looks to CDP as the gold standard of environmental reporting with the richest and most comprehensive dataset on corporate and city action" (source). 23,000 companies with over half of global market value report to CDP. Companies voluntarily report data on their greenhouse gas emissions, energy consumption, waste consumption, water consumption, and many other topics to CDP. Each year, companies that issue a CDP Disclosure get a "score" that ranks them against other companies in their industry. For more information on CDP, you can check out our Climate Disclosure Tracker. It is also common that companies request their suppliers and customers to submit a CDP Disclosure. Often times, this requirement exists in contracts and requests for proposal (RFPs). Companies are evaluated against their competitors based on their CDP score. We have a tracker of Corporate Supplier Sustainability Policies, many of which require CDP Disclosure from suppliers. 2024 CDP Disclosure Cycle Each year, CDP releases the disclosure cycle to guide companies on the reporting process. The 2024 disclosure cycle is as follows: 16 April: CDP Portal opens for requesters 29 April: 2024 questionnaires available via CDP website 14 May: CDP Portal opens for disclosers and requests can submit lists 4 June: 2024 reporting window opens 2 October: Scoring deadline for disclosers 16 October: 2024 reporting window closes CarbonSuite Feature: CDP Disclosure Workbook CarbonSuite has a feature that automates this process. Using standard NetSuite Saved Searches and SuiteAnalytics Workbooks, you can easily generate all of the data reports and visualizations required for CDP reporting. Better yet, because CarbonSuite is a Built-for-NetSuite SuiteApp, much of the data required for reporting is automatically gathered from your NetSuite transactions and posted to CarbonSuite GHG Transactions. CarbonSuite deploys workbooks like the one above out-of-the-box. You are also able to customize the workbooks to meet your specific requirements for reporting. Additionally, using NetSuite's standard dashboard functionality, you can customize your dashboard to automatically show your most important graphs, tables, and reports right when you login to NetSuite. At CarbonSuite, we know that CDP Disclosure is a bit different for every organization. That's why we have the best of both worlds - standard automated reporting that is customizable to your needs. About CarbonSuite CarbonSuite is a Built-for-NetSuite carbon accounting software solution that helps your company to record, report, and reduce its environmental impact. CarbonSuite is a certified NetSuite "SuiteApp" that automates carbon accounting and sustainability reporting, all directly within your NetSuite ERP system. As certified experts in both NetSuite and Sustainability Management, CarbonSuite is here to help you streamline and integrate your sustainability process within your existing financial and operational processes in your ERP system. For more information, contact us or send us an email at info@carbon-suite. com. - Published: 2024-08-06 - Modified: 2025-05-14 - URL: https://carbon-suite.com/audit-ready-reporting/ - Categories: Case Studies Explore our Case Study on how CarbonSuite was able to create seamless, audit-ready climate reporting for Bayton Cleaning. Background Bayton Cleaning is a mid-size national cleaning company based in Australia. Sustainability and ESG is one of Bayton’s key strategic initiatives. As a family-owned business, sustainability is core to Bayton’s mission, values system, and market differentiation. Bayton recently launched their sustainability initiatives and were looking for a carbon accounting & sustainability reporting solution that was built within their NetSuite ERP system. Solution CarbonSuite collaborated with Bayton’s quality management and accounting teams to integrate CarbonSuite into Bayton’s core operations. The CarbonSuite implementation enabled Bayton to enhance their existing NetSuite data and optimize their ERP processes. CarbonSuite’s team of NetSuite experts were able to advise on best practices of setting up NetSuite to ensure accurate and efficient carbon accounting processes. Benefits ERP Integration Bayton was able to easily map NetSuite data like Accounts, Vendors, and Items to relevant emission factors in the CarbonSuite Emission Factor Database. CarbonSuite’s automated calculation engine does the rest, leaving the Bayton team with more time to focus on reducing their environmental impact. Audit Ready Bayton works with external auditors to certify their carbon accounting processes. CarbonSuite’s “carbon ledger” is fully auditable, leverages audit best practices from NetSuite and built on the GHG Protocol, making audit a breeze. Flexibility Since CarbonSuite is Built for NetSuite, it is naturally more flexible than other solutions. Bayton was able to benefit from this flexibility and implement creative solutions for their carbon accounting process, all within NetSuite. Hear From Bayton “CarbonSuite has assisted Bayton in meeting its sustainability requirements by integrating our ERP and operational data into the CarbonSuite Reporting framework. CarbonSuite has worked with our executive team and QEHS team to deliver on this deployment and roll out. The SuiteApp has also worked with our auditing partners to ensure a consistent approach. We found the deployment very well supported and customised to meet our specific business and industry measurements. The system is very easy to use and time efficient. ” - Luke Baylis, Associate Director - Published: 2024-08-06 - Modified: 2024-08-06 - URL: https://carbon-suite.com/automated-cdp-reporting/ - Categories: Case Studies CarbonSuite Successfully Implemented for Automated CDP Reporting in NetSuite Background OSF Digital is a global digital transformation professional services company. Like many companies, in 2023, they had requirements to report Scope 1, 2, & 3 emissions, waste, water, and energy consumption to CDP. OSF was looking for a solution for automated CDP reporting, and as a long-time user of NetSuite, they selected CarbonSuite’s Built for NetSuite Carbon Accounting SuiteApp. Challenges OSF operates in nearly 30 countries and required automated CDP reporting for all operational regions. OSF required quick implementation to meet compliance deadlines. OSF wanted the implementation to limit disturbance to ongoing operational and financial activities. OSF required a partner with deep understanding of NetSuite in order to understand and optimize their NetSuite data structure for CDP reporting. Results Global Coverage: CarbonSuite leverages industry standard emission factors from numerous regions to help OSF automatically calculate operational emissions - from the US to Romania to Hong Kong to Colombia. Simplified CDP Reporting: CDP Reporting is a rigorous process that requires lots of data collection and preparation. Using CarbonSuite, OSF was able to use our “CDP Workbook” and dramatically cut down on CDP report preparation time, while improving year over year data quality. Automated in NetSuite: Using CarbonSuite was a smooth and simple learning curve for OSF. No additional integrations were needed, and they could simply log into NetSuite and use CarbonSuite just like they would another NetSuite module without disrupting other business processes, NetSuite Expertise: CarbonSuite’s deep knowledge of NetSuite was crucial to understand OSF’s ERP data structure and quickly implement the solution under a tight timeline. We even use standard NetSuite functionality like Saved Searches and Analytics Workbooks to organize and visualize data for automated CDP Reporting. Hear From Our Customers "I started working with the CarbonSuite team about a year ago with the intent of simplifying the GHG accounting process and automating calculations to prepare for CDP annual reporting. Over that time, it has been a pleasure to work with the CarbonSuite team. From the outset, their expertise and dedication were evident, providing a seamless integration experience. The Carbon Accounting SuiteApp stands out as the only solution that truly integrates with NetSuite, empowering teams to take full ownership of GHG reporting. This level of integration is a game-changer, as it streamlines the entire process, making it more efficient and accurate. What impresses me most is how the distribution of efforts in GHG accounting through CarbonSuite will enable us to track our environmental impact while scaling operations. This is crucial for businesses looking to grow sustainably and maintain a commitment to environmental stewardship. The technical knowledge and personality of the CarbonSuite team are unparalleled. They are not just service providers; they are partners in our journey towards a more sustainable future. Their support and expertise have been invaluable, and I am thoroughly impressed by the quality of their work and the results we've achieved together. In conclusion, if you're seeking a robust, integrated GHG accounting solution within NetSuite, look no further than CarbonSuite. I would 100% recommend their services and would not hesitate to collaborate with them again. Their team embodies professionalism, innovation, and genuine care for their clients' success, earning them a well-deserved five-star review. Thank you, CarbonSuite, for making our GHG accounting process a breeze! " - Alexandra Gazda, Quality Director & Data Privacy Officer, OSF Digital - Published: 2024-08-05 - Modified: 2026-05-12 - URL: https://carbon-suite.com/sustainability-promotional-products-industry-ppai-carbonsuite/ - Categories: Industries, Promotional Products - Tags: carbon accounting, carbonsuite, climate disclosure, esg, netsuite, promotional products Welcome! This is your ultimate guide to sustainability in the Promotional Products Industry. In this article, we take a deep dive on how companies in the promo industry can get started with sustainability. Let’s get started. Promo Industry Overview History The promotional products industry (“promo” for short) involves the creation and distribution of branded merchandise, such as pens, T-shirts, mugs, etc. These products are used by companies to promote their brands, products, or services to clients, employees, and prospects. It encompasses the design, production, and strategic distribution of these items as marketing tools. The first known promotional product in the United States is largely recognized as George Washington’s 1789 Inauguration Buttons (sageworld). Since then, organizations in the US and all over the world have used promotional products to communicate their vision and share the message of their organization with the world. Promo Today Today, modern companies in the promo industry are generally broken into 2 main categories – Suppliers and Distributors: Suppliers are companies that manufacture or import a wide range of products such as pens, apparel, drinkware, and tech gadgets. They often specialize in producing high-quality items that can be customized with logos or slogans according to client specifications. Suppliers play a crucial role in maintaining inventory, ensuring product quality, and offering competitive pricing to distributors. Distributors are companies that act as intermediaries between suppliers and end customers. They provide expertise in selecting appropriate promotional products, managing the customization process, and delivering the final products to clients. Distributors often offer additional services like graphic design, warehousing, and fulfillment. This makes them integral to the promotional products supply chain and marketing strategies of their clients. We caught up with Dino Bangiorno, for some additional industry insight. Dino is the Managing Director of eXtendTech, a firm that amongst other things, specializes in building software solutions for the promo industry. Prior to eXtendtech, Dino spent nearly 11 years working for Halo, PPAI’s #2 Distributor in 2024. He had this to say: “When I first came to the promo industry in the mid-90s, the differences between supplier & distributor organizations were drastically different then they are today. Nowadays, I see some distributors that handle more in-house decoration of goods than some suppliers. Some distributor companies also have teams that specialize in the sourcing of products from overseas which historically was handled on the supplier side. The industry’s overall growth & evolution, which has attracted attention from outside investors, has only helped to accelerate the blurring of lines between suppliers & distributors. ” PPAI A critical institution within the promotional products industry is the Promotional Products Association International. This is the industry’s largest not-for-profit trade association, with over 15,000 member companies. Since 1903, PPAI has served the promo industry as a leading voice in news, research, events, and industry solutions (PPAI). PPAI’s motto is: “Promotional Products Work! ” Recently, PPAI has cemented two initiatives among the most important in the industry – digital transformation and sustainability. Many companies in the promo industry and within PPAI have turned to Oracle NetSuite ERP as part of their digital transformation strategy. A leading NetSuite implementation partner in the promo space is Bryant Park Consulting. Sara Carrero, Practice Manager at BPC had this to say: “Our mission at BPC is to help Promo companies navigate the complexities of digital transformation, ensuring they achieve sustainable growth through effective tech adoption. We understand the unique needs of the Promo industry and offer customized digital solutions that streamline operations, reduce costs, and improve customer experiences. ” Sustainability in the promotional products industry goes hand in hand with digital transformation, as it is crucial to leverage digital technologies for managing sustainability data. Sustainability in the Promotional Products Industry Within PPAI and the promo industry, sustainability is becoming more and more important. PPAI’s leadership has prioritized sustainability as one of the industry’s key initiatives. PPAI includes sustainability as a metric in ranking member companies and issuing industry awards. PPAI has even gone as far as certifying its events as carbon neutral. “We have heard loud and clear the imperative from our membership – supporting them in their sustainability journeys requires dedicated focus as an association, in education, providing resources, guidance and aligning with important business service members like CarbonSuite. ” – Elizabeth Wimbush, PPAI Director of Sustainability and Responsibility. But why? Companies in the promotional products industry are increasingly facing pressure from stakeholders to make their products and business operations more sustainable. This pressure is largely coming from 2 main groups: Regulators. Around the world, regulators have passed sustainability reporting mandates that affect promo companies and require them to report certain sustainability-related information. For example, the State of California, the US Securities and Exchange Commission, and many others globally. Customers. Fortune 500 companies like Microsoft, Mastercard, Amazon, Walmart, Disney, and many others have implemented mandates for companies within their value chain to disclosure various sustainability metrics. These companies are working to reduce their Scope 3 (value chain) emissions, so they are beginning to include sustainability metrics in their vendor contracts and RFPs. This trend will only continue and grow as more large companies set sustainability targets. We are tracking these requirement here. In addition to these requirements, your company may just be interested in building sustainability into your organization because it’s good business practice. Nowadays, consumers are more and more likely to purchase products that are more sustainable. They are putting companies under scrutiny to back up any sustainability claims that they make about their company or products. Sustainability in the promotional products industry can seem like a daunting task. Lots of new concepts, acronyms, and data to understand, sometimes in a very short period of time. You’re probably wondering where to start... Getting Started with Sustainability It always helps to start with definitions. What is sustainability? Well, according to the United Nations, sustainability is “meeting the needs of the present without compromising the ability of future generations to meet their own needs” (United Nations, 1987). This definition was established all the way back in 1987, and is still used today. Within the umbrella of “Sustainability” is “Corporate Sustainability. ” Although “A standardized definition of CS does not exist. ” (Montiel and Delgado-Ceballos, 2014), one popular definition is “The ability of a firm to nurture and support growth over time by effectively meeting the expectations of diverse stakeholders. ” (Neubaum and Zahra, 2006). Additionally, PPAI itself defines sustainability as ““sustainability in the promotional products industry means making, sourcing and distributing promotional items in ways that reduce negative environmental and social impacts while supporting long-term economic success” (PPAI Media). As we go through the article, keep these definitions in mind, and consider how they applies to your business. One of the first steps you can take it to understand your organization’s carbon footprint. This process is called Carbon Accounting. Below is an outline of the general best practices when getting started with Carbon Accounting and other sustainability data tracking: Record Corporate Carbon Footprint (Scope 1, 2, and 3 Emissions) You can manage what you don’t measure. The first step is to start tracking your corporate carbon footprint. This includes your Scope 1, 2, and 3 emissions, and covers greenhouse gas emissions from your business operations – from vehicles that you own to the embedded emissions in products that you purchase. This applies to both Suppliers and Distributors. More info here. Take it from the experts – carbon accounting is very difficult to perform manually. It requires data integrations, complex calculations, unit conversions, emission factor management, and audit traceability. We recommend that you implement a Carbon Accounting Software System to streamline the tracking of this data and save your team countless hours of manual work. CarbonSuite automates the data collection and data collection of your Scope 1, 2, and 3 emissions, all within your NetSuite ERP system. For most companies, Scope 3 emissions make up the majority of your corporate carbon footprint. Because most of this data is held within your various value chain partners, it can be very difficult to collect. However, this is not a reason to procrastinate. We recommend that if you don’t have access to direct Scope 3 “Activity Data” from your value chain partners, then you start by estimating your emissions using the financial value of your ERP transactions. This method is typically called the “Spend Based” method of calculating emissions. Using the Spend Based method, you can get a picture of your total emissions and target hot spots. Value Chain Emissions Next, focus on refining your data accuracy. Analyze your results and target the Emission Categories that make up the majority of your emissions. Again, this will likely be within your Scope 3. Users of CarbonSuite can easily report on emissions by vendor, by item, by project, by department, by employee, and many other segments. Because CarbonSuite is part of your NetSuite ERP system, it automatically captures the metadata from your NetSuite Transaction records like Vendor Bills, Expense Reports, and Credit Card Transactions. Once you’ve analyzed your data, start building a plan to collect your value chain data. This is where things start to differ between Promo Suppliers and Distributors. For example, for Promo Suppliers, Tier 1 vendors (suppliers that you purchase directly from) are likely raw materials suppliers that supply paper, cotton, plastics, etc. However, for Promo Distributors, your Tier 1 vendors are actually the aforementioned Promo Suppliers. So Promo Suppliers need to collect Value Chain data from their raw materials vendors and Promo Distributors need to collect data from Promo Suppliers. I know what you’re thinking, this requires a huge amount of collaboration between value chain partners. CarbonSuite can help you implement a program for optimizing this data collection process. We even have tools that can help you automate this process. Start thinking about the following questions: Who are my largest vendors? Are they already reporting their emissions? What kind of communications do I currently have with my vendors? What policies do I already have in place with my vendors? Would they be open to accepting a policy change that required reporting their carbon emissions? Product Carbon Footprint Some promo companies will want to go even further and calculate the carbon footprint of the products that they sell. While this may seem similar to a corporate carbon footprint, the methodology is slightly different and requires different data collection activities. Product carbon footprints might make more sense for Promo Suppliers, since they are the ones who manufacture the products. Using your corporate carbon footprint and other data that can be collected from your ERP and other systems, you can allocate emissions to individual products that are produced. This means that when the product leaves your facility, it enters the world with a product carbon footprint that can be used by downstream partners to calculate more accurate carbon footprints for their operations. This process of calculating product carbon footprints is quite difficult, so be sure to consult with sustainability experts before undertaking this exercise. Product carbon footprints can serve multiple other functions. Aside from providing your value chain with more accurate data, you may be able to advertise and prove that your products have lower emissions than alternatives. This can give you advantages in the market as buyers look for lower and lower emission products and establish your brand as a sustainability leader in the industry. Waste Generated In addition to Carbon Accounting, you can track the amount of waste generated and the percentage of that waste which was diverted from landfills through recycling or composting efforts. You can also outline initiatives undertaken to reduce waste production, such as improving operational efficiencies and promoting waste minimization practices among employees and suppliers. Suppliers would likely focus more on the waste generated in manufacturing operations and distributors would focus more on the waste generated by products sold when they reach their end of life (i. e. landfilled, recycled, combusted, etc. ). Water Consumption Manage total water consumption and the measures taken to improve water efficiency and reduce usage. Water consumption is especially relevant for suppliers that manufacture textiles, as it is a very water intensive process. Distributors that sell textiles may be interested in disclosing the “water footprint” of products that they sell so that customers are aware of the water impact of their purchases. Energy Consumption Suppliers and Distributors can both calculate their total energy consumption, breaking it down by source (e. g. , renewable vs. non-renewable), and outline steps taken to increase energy efficiency, such as upgrading to energy-efficient equipment and optimizing production processes. They can also describe investments in renewable energy projects and their progress towards achieving net zero energy consumption. Reduction Targets Document specific, measurable targets for reducing environmental impacts, such as goals for lowering greenhouse gas emissions, waste production, and water usage over a defined period. During the period, you would provide updates on progress towards these targets, including any challenges encountered and strategies adjusted to stay on track. Climate Risk Assess the potential financial and operational risks posed by climate change, such as the impact of extreme weather events on supply chains and assets. You can also outline their climate risk management strategies, including scenario analysis, resilience planning, and investment in adaptive technologies. Report Once you have recorded your sustainability data, the next step is to report the data. Climate reporting frameworks are relatively industry agnostic and thus would potentially apply to both Suppliers and Distributors. There are various methods that may be used to report your results, see below: Value Chain Disclosure You may have already gotten requests from your customers or vendors to disclose sustainability metrics. We’ve got you covered with our Corporate Supplier Sustainability Policies guide. We have been meticulously tracking the supplier sustainability policies of major customers in the promo industry and consolidated them into an easy-to-access list. Check it out here. Voluntary Disclosure Voluntary climate disclosure has been around for more than 20 years, and today thousands of companies are voluntarily reporting their climate-related metrics under frameworks such as CDP, GRI, Ecovadis, ISSB, and SBTi. We track a consolidated list of voluntary climate disclosure frameworks, check out our Climate Disclosure Tracker and review the second group of frameworks that don’t have the “! ” mandatory icon. Mandatory Disclosure Over the past few years, voluntary disclosure has given rise to mandatory climate reporting. For example, the State of California, the US Securities and Exchange Commission, and many others globally. Mandatory climate disclosure will only become more prevalent, and since many of these mandatory disclosures include mandates for reporting supply chain impacts, smaller companies that are not technically under mandates will receive reporting requests from their larger customers and vendors. To confirm whether your organization is under one or more climate reporting mandates, check out our Climate Disclosure Tracker and review the first group of frameworks that have the “! ” mandatory icon. Communicate Results It’s very important to share your progress with your stakeholders. They will hold you accountable, and it is your responsibility to keep them informed on your progress. In addition to formally reporting your emissions, you can use any of these methods to communicate your results regarding sustainability in the promotional products industry: Internal Communication: If communication is effective, your employees can be the most important agents of change. The goal is to build sustainability into the core of your organization, and keeping your employees engaged in the Carbon Accounting process is crucial for this. Organization website: Publish the information on your website, including emissions data and reduction targets, in a dedicated section or page. Annual reports: Include information on emissions and reduction targets in your annual reports, which can be distributed to shareholders, investors, and other stakeholders. Press releases: Issue press releases to announce new emissions reduction targets or updates on progress towards existing targets. Investor relations: Share information on emissions and reduction targets with investors through investor relations channels such as conference calls and webcasts. Social media: Use social media platforms to share information about your emissions and reduction targets with customers, employees, and the general public. Industry groups and trade associations: Participate in industry groups and trade associations and share information on emissions and reduction targets with other members. Sustainability reports: Publish independent sustainability reports that provide detailed information on your emissions and reduction targets. Reduce Once you have Recorded and Reported your sustainability data, you can begin to Reduce. It’s important to first track your data and set a baseline before taking steps to reduce your environmental footprint. As the saying goes, “you can’t manage what you don’t measure,” and the same goes for sustainability initiatives. Most organizations that validate reduction targets even require that you have first established a base year of data to measure your reduction targets against. Set targets Once you have an understanding of your corporate environmental impact and sustainability data, you can set reduction targets. Reduction targets are used to track your company’s progress against baseline goals and have your results certified. The following organizations are some of the most popular for establishing reduction targets: Science Based Targets Initiative Race to Zero Campaign SME Climate Hub Certified B-Corp Implement Reduction Strategies Reduction strategies differ based on your region, business operations (Suppliers vs. Distributors), and company goals. For example, for Suppliers, it might make more sense to focus on energy efficiency in facilities and reducing waste in the production process, but for Distributors it might make more sense to focus on optimizing product transportation & distribution and reducing packaging waste. Visit our our list of Reduction Strategies that can be implemented within your organization to reduce emissions. Get in touch with the CarbonSuite team to discuss opportunities for tailored emission reduction plans, optimized for your business. Offset Emissions Reduction is ALWAYS the preferred option, but carbon offsets can be a useful tool to offset the emissions you cannot reduce. Depending on your region and reporting framework, generally speaking, you can reduce your total company emissions by purchasing verified carbon offsets from a voluntary carbon marketplace, such as Salesforce Net Zero Marketplace, Patch, Cloverly. You can also reduce your total company Emissions by directly developing a project that reduces Emissions (planting trees; funding carbon capture / sequestration projects; funding mangrove planting in tropical regions, etc. ) BUT that carbon reduction cannot be sold back onto the voluntary carbon market because you used it internally. Additionally, if you generate carbon reductions in your business operations or fund offset projects, you can sell that onto the voluntary carbon market as a “carbon credit. ” It does, however need to be verified and tested by a third party assurance provider (Ex: Verra Gold Standard). However, it is critical that your project can prove “Additionality” which basically means that there was a reasonable chance that the project would have produced greenhouse gas emissions if the project developer had not decided to convert it into a carbon credit project. Since the markets are all voluntary, the best approach is to work with an assurance provider to verify the project and the additionality before the credits are sold onto the voluntary market. Closing Thoughts on Sustainability in the Promotional Products Industry Corporate sustainability is a journey, not a destination. Like many other industries, sustainability in the promotional products industry can be complex and has lots of room to grow. It’s true that “promotional products work,” and it’s time that they work for both customers and for the planet. Faced with a daunting task, the promo industry has an opportunity to become a leader in the corporate sustainability movement. Consumers are not turning back; they are demanding that the products they purchase are produced sustainably, and they are holding companies accountable. Elizabeth Wimbush (PPAI Director of Sustainability and Responsibility) and the team at PPAI have been working hard to provide resources and guidance to PPAI members on sustainability, product responsibility, and other policies around environmental responsibility. Check out PPAI’s Environmental Responsibility Resources Center to learn more. About CarbonSuite CarbonSuite is a Built-for-NetSuite carbon accounting software solution that helps your company to record, report, and reduce its environmental impact. CarbonSuite is a certified NetSuite “SuiteApp” that automates carbon accounting and sustainability reporting, all directly within your NetSuite ERP system. As certified experts in both NetSuite and Sustainability Management, CarbonSuite is here to help you streamline and integrate your sustainability process within your existing financial and operational processes in your ERP system. CarbonSuite is a certified PPAI solution partner, you can view our solution listing on the PPAI Solutions Center. PPAI members that use NetSuite can even get a discount on their licensing with CarbonSuite. CarbonSuite is dedicated to driving sustainability in the promotional products industry. For more information, contact us at info@carbon-suite. com. - Published: 2024-07-30 - Modified: 2024-07-30 - URL: https://carbon-suite.com/invest-in-renewable-energy-sources/ - Categories: Reduction Strategies Incorporating renewable energy into your business is an important and useful step in reducing your overall carbon emissions. According to the United Nations, the energy supply sector makes up about 35% of global GHG emissions. Together we can work to lower these emissions through the transition to renewable energy. There are many options when it comes to renewables, and it can at times be overwhelming trying to navigate which option is right for your business. To simplify things, we have broken renewables down into 3 sections. With these 3 options, renewable energy can be accessible to anyone. Let’s review the options available so that you can determine which is right for your business. Option 1: Install Renewable Energy Systems Installing your own renewable energy system can offer a wide range of benefits for your business. Some of these benefits include: Savings on Electricity Bills The price of electricity is becoming increasingly volatile. Incorporating localized renewable energy at your place of business can help build resilience against the ever-changing energy market. Energy Independence As demand rises and extreme weather becomes more common, reliable energy will become harder and harder to come by. Implementing your own source of renewable energy increases energy resiliency, lessening your dependence on the grid and keeping the lights on in times of increased demand. Increased Property Value Implementing renewables will inevitably increase the value of your commercial property. This will benefit your company in the long run, adding value to your business. Let’s have a look at the common options for commercial renewable energy systems. Option 1: Rooftop Solar PV System Rooftop solar is a popular and effective way to incorporate renewable energy into your workplace. It is becoming increasingly common across the world as the overall installation cost decreases. Rooftop solar is a great option as it is installed on a space that is not always utilized, and decreases reliance on the grid. How to begin: You can contact a local commercial solar provider to determine if rooftop solar is right for your location. They will first need to asses your site to determine first if rooftop solar is feasible for your location. This can typically be done remotely. If it is initially feasible, they will run an analysis to determine how much energy can be generated per year, optimal location of the panels, and rough cost of installation. After that they should provide a cost savings analysis. To do so, they will require information such as electricity usage (you can find this across electricity bills). Once a report has been provided, you can better understand the feasibility of the system through annual kWh generation, payback period, etc. Need assistance in understanding the process or questions on where to start? CarbonSuite is here to help! Send us an email and we can assist you or connect you with a local partner. Option 2: Car Park Solar If your business location has a car park / parking lot, this could be an optimal space for incorporating solar energy. Car parks are a great space to install solar panels as there are fewer limitations compared to rooftop solar. Unlike rooftop solar, car park solar is not constrained by the building orientation or roof design. Therefore they can be optimized to get the maximum solar exposure and efficiency. In fact, the panels even provide protection from the elements - shade on hot days, and protection from rain and snow on the not-so-hot days! Additionally, if your business or employees are using electric vehicles, car park solar may be a great option for you. Car park solar allows for easy integration with EV chargers, adding further benefits for your business. How to begin: You can contact a local solar provider to determine if car park solar is right for your location. They will likely need to conduct a site assessment to determine an optimal design and size of the system. With this information, they can develop a cost savings analysis. Once a report has been provided, you can better understand the feasibility of the system through annual kWh generation, payback period, etc. Questions on how to begin? CarbonSuite is here to help! Send us an email and we can assist you or connect you with a local partner. Option 3: Solar Water Heating Solar water heaters are a popular and useful way to sustainably provide hot water to any office building. There are different technology options available, but they all serve the same purpose - heating your water using the energy of the sun. How to begin: You can contact a local energy services provider or plumber to determine if solar water heating is right for your location. They will require information on the amount of water heating needed, the existing system in place, and space available to determine an optimal size and location for the system. With this information, they can then provide a cost savings analysis. This will typically require a thorough on-site assessment as the engineer will need to understand the current system in place as well as the requirements for the new system. Once a report has been provided, you can better understand the feasibility of the system through annual savings, payback period, etc. Have any further questions? CarbonSuite is here to help! Send us an email and we can assist you or connect you with a local partner. Option 4: Wind Turbines In addition to commercial solar, wind turbines are a great option for incorporating renewable energy into your business. Different from solar, wind turbines do not require much surface area. As a result they are a great option for businesses who do not have rooftop space or a car park. Additionally, they are great for areas with high wind speeds, as they can generate more electricity than solar panels. Especially during the night and on cloudy days. How to begin: You can contact a local wind energy provider in order to determine if wind energy is right for your location. They will need to conduct a site assessment to determine key factors such as optimal location and size of the turbine(s). This information helps determine how much energy the site can generate per year, providing key details for a cost savings analysis. This can be done remotely but typically requires an on-site assessment. Once a report has been provided, you can better understand the feasibility of the system through annual kWh generation, payback period, etc. Need assistance in understanding the process? CarbonSuite is here to help! Send us an email and we can assist you or connect you with a local partner. Are there incentives available? Many federal, state, and local governments around the world are even offering incentives, rebates, and tax credits to assist in the transition to renewable energy. You can contact a local provider for the appropriate energy type to find out more about what incentives may be available. Need help determining which renewable energy source is right for your business? CarbonSuite can help assist with understanding your options or connect you with a local partner. Contact us to start your journey towards a greener planet. Option 2: Choose Green Energy Suppliers Believe it or not, in some regions you can actually opt for buying renewable-generated electricity instead of its alternative coal-generated electricity. There are two main ways this is possible. Green Pricing Programs: Some utility companies offer customers the option to pay a premium to support the generation of renewable energy. This allows consumers to opt for electricity generated from renewable sources such as wind, solar, or hydroelectric power. Reach out to your utility provider to determine if this is an option for your business. Deregulated Electricity Markets: In deregulated electricity markets, consumers can choose their electricity supplier. Many suppliers offer plans that include a significant percentage of renewable energy. In this case, you can choose your supplier based on the renewable energy plans available. This gives you the power to choose where your energy is coming from. Make the green choice today! Many countries have deregulated electricity markets, including New Zealand, Japan, and various European countries. Other countries such as Australia, Canada, and the US, have deregulated markets in certain states or provinces. For example, this interactive map demonstrates the states in the US with deregulated energy. Questions about if this may be possible in your region or need help taking the first step? CarbonSuite can help assist with understanding your options or connect you with a local partner. Contact us to see how we can assist you. Option 3: Invest in Clean Energy If you are unable to install your own renewable energy systems, purchasing credits or certificates for renewable energy generation may be right for you. Many countries have programs in place to allow companies to purchase “credit” for the renewable energy generation. These programs lower the price of installing renewables, making it more financially feasible for consumers. Purchasing credits or certificates helps support the transition to renewable energy, and can be done without the planning or constraints of installing your own system. United States – Renewable Energy Credits (RECs). More information can be found here United Kingdom - Renewable Obligation Credits (ROCs). More information on ROCs can be found here. Australia – Small-Scale Technology Credits (STCs). More information can be found here. Canada - Contact your provincial utility provider to learn about options in your province. Interested in investing in clean energy? CarbonSuite is your trusted advisor. Contact us to see how we can help begin your investment in clean energy. Start Your Transition to Renewables Now that you understand your renewable energy options, you can make an educated decision about what is right for your business. CarbonSuite is here to assist in your transition to renewable energy. Get started today! - Published: 2024-07-29 - Modified: 2024-07-30 - URL: https://carbon-suite.com/netsuite-carbon-accounting-integration/ - Categories: Case Studies - Tags: carbon accounting, carbonsuite, climate disclosure, esg, netsuite Sustainability, embedded into core business and integrated into core systems. In recent years, Bestbath has embarked on their sustainability journey, with executive-backed plans to become a carbon neutral company. In addition to deploying renewable energy solutions at their facilities, Bestbath was looking for a solution to track their progress on carbon emissions that integrated with their existing systems and processes. This NetSuite carbon accounting integration was crucial for Bestbath. “Embarking on our sustainability journey, we sought a solution to efficiently track emissions, which led us to CarbonSuite. Instead of opting for a separate system, we seamlessly integrated it with our ERP system, streamlining our processes. Thanks to this innovative approach, we not only met but also exceeded project deadlines. The responsive customer support further solidified our experience, ensuring a smooth and productive implementation. ” - Bob Cook, Engineering Manager Built for NetSuite As a long-time user of NetSuite, Bestbath prioritized keeping their carbon accounting process in NetSuite. Bestbath team members were already familiar with NetSuite, and the ramp up time was cut down significantly. Cost and Time Savings Using CarbonSuite’s automated solution, Bestbath was able to save significant time AND cost on their carbon accounting implementation. No More Spreadsheets Having a centralized system for carbon accounting has allowed Bestbath to automate their processes and consolidate their reporting within their financial system. About CarbonSuite CarbonSuite is a Built-for-NetSuite carbon accounting software solution that helps your company to record, report, and reduce its environmental impact. CarbonSuite is a certified NetSuite "SuiteApp" that automates carbon accounting and sustainability reporting, all directly within your NetSuite ERP system. As certified experts in both NetSuite and Sustainability Management, CarbonSuite is here to help you streamline and integrate your sustainability process within your existing financial and operational processes in your ERP system. Working with manufacturers like Bestbath, CarbonSuite helps companies to automate and streamline their carbon accounting and sustainability reporting processes. CarbonSuite is the only true platform with a NetSuite carbon accounting integration. - Published: 2024-07-03 - Modified: 2025-02-12 - URL: https://carbon-suite.com/carbon-accounting-netsuite-case-study-ch4-global/ - Categories: Case Studies - Tags: carbon accounting, carbonsuite, climate disclosure, esg, netsuite CH4 Global & CarbonSuite Tracking and reducing emissions - both externally and internally - using CarbonSuite's Carbon Accounting for NetSuite SuiteApp. Objectives CH4 Global, one of TIME's Top Greentech Companies of 2024 has selected and implemented CarbonSuite as their technology partner for measuring their organizational carbon footprint. CH4 Global produces a special type of seaweed that when fed to cattle, reduces their methane emissions by up to 90%. Surprisingly, cow burps and flatulence produce methane (CH4). Methane is a greenhouse gas that warms the earth 28 times more than carbon dioxide (CO2). With CarbonSuite, CH4 Global was looking to automate their own carbon accounting processes. They wanted to report the entire scope of their emissions impact - both the methane reductions they are contributing and the emissions that they produce internally as a company. Solution Working with members of the sustainability and finance teams, CarbonSuite was implemented for CH4 Global. This included additional customization to integrate mileage and other business travel data from their expense management system. Using CarbonSuite, CH4 was able to centralize and automate their carbon accounting process. They even completed Scope 1, 2, and 3 emissions calculations in a fraction of the time. Benefits Integrated with NetSuite: As the only carbon accounting solution truly integrated with NetSuite, CarbonSuite was the easy choice for CH4 Global. Automated Calculations: CH4 Global is able to save time and money by automating their carbon accounting process with CarbonSuite. Distributed Ownership: Using CarbonSuite, CH4 is able to involve accounting and finance team members in the carbon accounting process. This has allowed them to streamline the process and share the vision of sustainability throughout the organization. Hear from our Customers: "I started working with the CarbonSuite team about a year ago with the intent of simplifying the GHG accounting process and automating calculations. Over that time, it has been a pleasure to work with Poyan and the CarbonSuite team. The SuiteApp is the only one that actually integrates with NetSuite and allows accounting teams to take ownership of GHG reporting. They have been flexible and open to new ideas, and we have also managed to integrate the platform with other third-party apps, ultimately letting us create custom expense reports that capture emission data on flights, fuel usage, mileage, and more. This distribution of efforts in GHG accounting will ultimately enable us to track our impact while scaling operations. Excellent team both in technical knowledge and personality, I would 100% recommend and use again. " Interested in how CarbonSuite can help automate carbon accounting for your business? Reach out to us today! - Published: 2024-06-17 - Modified: 2024-08-01 - URL: https://carbon-suite.com/sustainability-reporting-a-brief-history/ - Categories: Knowledgebase Across the world, organizations are now releasing sustainability reports. This reporting can be done voluntarily, however many government bodies and regulatory organizations are now enforcing mandatory reporting. Sustainability Reporting has been around since 1997, beginning with the launch of the Global Reporting Initiative (GRI). The GRI is an independent organization that provides a framework for measuring and reporting greenhouse gas (GHG) emissions, energy use, and climate change strategies. The GRI is considered to have established the first global framework for sustainability reporting. Their first guidelines were released in 2000, known as the G1 Guidelines. Shortly following, the Climate Disclosure Project (CDP) launched, providing a global environmental disclosure platform for companies to measure and manage their environmental risks. Since the birth of the GRI and the CDP, sustainability reporting has expanded widely across the world, and has gained momentum in recent years. 2015: Launch of Task Force on Climate-related Financial Disclosures (TCFD) & Science Based Targets Initiative (SBTi) The Task Force on Climate-related Financial Disclosures (TCFD) is created by the Financial Stability Board (FSB). Their primary focus is to create a voluntary framework to disclose financial related risks of climate change to investors, leaders, insurers, and other stakeholders. The SBTi is created as a collaboration between the Climate Disclosure Project (CDP), the United Nations Global Compact (UNGC), the World Resources Institute (WRI), and the World Wide Fund for Nature WWF). Its aim is to mobilize companies to set emission reduction targets. It also allows them to benchmark their targets against other companies. 2016: GRI Transitions from Guidelines to Modular Standards The GRI transitions from guidelines to modular standards, combining best practices from previous years into easy-to-follow standards. This transition included the GRI 300 series, different from the previous G4 Guide. The GRI 300 series includes GRI Standards 301-308, which offer guidance on making environmental disclosures in line with GRI. GRI-305 is where you can find emission disclosures. 2021: EU Proposal for Corporate Sustainability Reporting Directive (CSRD), International Sustainability Standards Board (ISSB), UK Sustainability Disclosure Standards (SDS), Singapore Stock Exchange (SGX), CDP Standards Released, & Securities and Exchange Commission (SEC) The EU proposes the Corporate Sustainability Reporting Directive (CSRD), which aims to replace the NFRD. This change includes expanding the scope, standardizing sustainability reporting requirements, as well as mandating audits for sustainability information. The International Financial Reporting Standards Foundation (IFRS) announces the creation of ISSB to develop comprehensive global baseline sustainability reporting standards at COP26, the UN Climate Change Conference in Glasgow. The Singapore Stock Exchange (SGX) publishes a list of Core ESG metrics and begins to require reporting for all publicly traded companies on the SGX. The CDP releases a new strategy on climate reporting, offering a voluntary global reporting framework detailing how to complete environmental disclosures. The SEC begins working on enhanced climate-related disclosure requirements for publicly traded companies in the United States. This framework uses aspects of the GHG Protocol as well as the TCFD framework. 2022: GRI Standards 2021, Japan Financial Services Agency (FSA) & EU Carbon Border Adjustment Mechanism The GRI updates its standards to better align with international reporting requirements as well as improve the integration of sustainability into business strategies. The UK mandates TCFD-aligned disclosures for large companies and financial institutions, aiming to improve the transparency of climate-related financial risks. Japan’s Financial Services Agency (FSA) publishes its finalized “Supervisory Guidance on Climate-related Risk Management and Client Engagement”. As a result, publicly traded companies in Japan must report on climate-related risks and management. The EU passes the Carbon Border Adjustment Mechanism (CBAM), a mandatory disclosure framework requiring organizations to report direct as well as indirect emissions from the products they import into the EU. 2023: EU Corporate Sustainability Reporting Directive (CSRD), California SB-261, California SB-253, UK TCFD Reporting Requirements,CBAM Transitional Period Begins, IFRS S2, UK SDS, Brazil Ministry of Finance and Comissão de Valores Mobiliários, & U. S. SEC Climate Disclosure Rule The CSRD replaces the NFRD. The purpose of this change is to extend the scope and depth of mandatory sustainability disclosures. It includes requiring assurance of sustainability information. The publishing takes under the European Sustainability Reporting Standards (ESRS). It affects both EU companies and non-EU companies with EU subsidiary meeting certain requirements California Senate Bill 261, also known as Climate Related Financial Risk Act (CRFRA), is passed, requiring companies with over $500 million in revenue that do business in California to report their Scope 1, 2, and 3 greenhouse gas emissions. ‘Senate Bill 253, also known as the Climate Corporate Data Accountability Act (CCDAA), is passed. This is a mandatory framework affecting companies with over 1 Billion USD in revenue that do business in California. Affected businesses must report their Scope 1, 2, and 3 greenhouse gas emissions. Affected businesses must begin reporting Scope 1 and 2 emissions by 2026 and Scope 3 by 2027. The EU CBAM framework enters its transitional period. This requires companies to begin reporting emissions, but allows for estimations in calculating product emissions. Once fully implemented, companies will need to report actual emissions as well as purchase offsets to balance the carbon associated with imported products. The full implementation will begin in 2026. The ISSB issues IFRS S2 - Climate-related Disclosures, a voluntary global framework. This enables organizations of all sizes to disclose their environmental impacts as well as climate risk. The IFRS foundation also takes over the monitoring of the progress of companies’ climate-related disclosures related to the TCFD. The UK government lays plans to establish the UK Sustainability Reporting Standards (SRS) in its 2023 green finance strategy. This will likely be based upon the IFRS S1 and IFRS S2. Brazil announces the new International Sustainability Standard Board’s (ISSB). The Brazilian regulatory framework will incorporate IFRS S1 and S2 Disclosures. This affects publicly traded companies in Brazil. Mandates will begin on January 1, 2026. The Security Exchange Commission (SEC) proposes rules requiring publicly traded companies to include certain climate-related disclosures in their registration statements as well as periodic reports. This will include information about climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition. 2024: Implementation of CSRD, Australian Climate-Related Financial Disclosure (CRFD), IFRS S1, & China Shenzhen, Shanghai, & Beijing Stock Exchanges CSRD implementation requires companies within the EU to align their reporting with the new CSRD requirements. Australia publishes an overview of the Exposure Draft Legislation Climate-Related Financial Disclosure (CRFD) and shortly after, voting begins in parliament. It proposes disclosure of GHG emissions as well as climate related risks for Australian companies. IFRS S1: General Requirements for Disclosure of Sustainability-related Financial information goes into effect on January 1, providing a framework as a voluntary global reporting initiative. China announces mandatory disclosures under a wide range of ESG Material. The Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) published mandatory requirements. Meanwhile, the Beijing Stock Exchange (BSE) is starting with voluntary reporting requirements. This affects all publicly traded companies listed on Chinese stock exchanges. To learn about the various voluntary and mandatory reporting frameworks in more detail, see our corresponding blog post https://carbon-suite. com/climate-disclosure-tracker/. - Published: 2024-05-07 - Modified: 2025-04-15 - URL: https://carbon-suite.com/features-emission-workbench/ - Categories: Product Features What do we mean when we say that "CarbonSuite can automate your carbon accounting process? " In this post, we are going to look at the product feature that makes this automation possible - the Emission Workbench. Emission Workbench CarbonSuite calculates emissions by analyzing your NetSuite financial transactions. Each financial transaction is mapped and analyzed at the line level and used in calculating your emissions. Not only does this allow you to keep all of your sensitive financial data in your NetSuite account, but it provides traceability from your financial transactions to your "GHG Transactions" that comprise your carbon footprint. Because CarbonSuite is "Built-for-NetSuite," you can easily plug in the SuiteApp and start calculating emissions on day 1. Let's review the steps for automating emissions calculations: Step 1: Set up Emission Sources. This is a one-time setup activity that defines the mapping from your NetSuite transactional data to your emissions calculation methodology. Step 2: Execute the Emission Workbench. Sit back and relax as CarbonSuite's automation analyzes, categorizes, and groups your financial transactions into emissions calculations. Step 3: Review and audit the results. Confirm that calculations have been executed correctly and fix any errors. Audit Traceability CarbonSuite records a GHG Transaction to the "Carbon Ledger," directly in your NetSuite environment. This transaction records all of the audit details required for emissions disclosures. This includes the calculated emissions in each greenhouse gas, the data source with a link to the NetSuite transaction line, and all of the relevant classification data from the NetSuite transaction. This means that CarbonSuite automatically classifies your emissions by Department, Class, Location, Item, Vendor, and any other financial segments that you use to classify your financial data. All of this happens with the push of a button using the Emission Workbench feature. CarbonSuite makes it easy to automate your carbon accounting process, Get in touch with us to learn more. - Published: 2024-03-07 - Modified: 2025-05-14 - URL: https://carbon-suite.com/sec-climate-mandate-compliance-checklist/ - Categories: Knowledgebase The United States Securities and Exchange Commission (SEC) has passed a climate mandate will have implications on thousands of companies, The Enhancement and Standardization of Climate-Related Disclosures for Investors. Publishing of the final rules occurred in March 2024. Who does this affect? All publicly listed companies in the United States. There are different requirements for Large Accelerated Filers (LAFs), which have public float greater than $700M; Accelerated Filers (AFs), which have public float between $7M and $700M; and other public companies that have public float up to $75M. What does this require? Disclosure of Material Scope 1 and 2 greenhouse emissions, as defined by the Greenhouse Gas Protocol standards. Emissions are considered "Material" if "there there is a substantial likelihood that a reasonable investor would consider it important when determining whether to buy or sell securities or how to vote or such a reasonable investor would view omission of the disclosure as having significantly altered the total mix of information made available. " Disclosure of climate-related risks that have materially impacted, or are reasonably likely to have a material impact on, its business strategy, results of operations, or financial condition. Certain disclosures related to severe weather events and other natural conditions will be required in a registrant’s audited financial statements (based on the TCFD Framework) Disclosure of any climate-related target or goal if such target or goal has materially affected or is reasonably likely to materially affect the registrant’s business, results of operations, or financial condition. When does it come into effect? Large Accelerated Filers (LAFs): $700M+ in Public Float Regular climate risk disclosure is due by 2025 Scope 1 & 2 Emissions disclosures are due in 2026 Required: Limited Assurance by 2029 Required: Reasonable Assurance by 2033 Accelerated Filers (AFs): $75M - $700M+ in Public Float Regular climate risk disclosure is due by 2026 Scope 1 & 2 Emissions disclosures are due in 2028 Required: Limited Assurance by 2031 Not Required: Reasonable Assurance Other Public Companies: Up to $75M in Public Float Regular climate risk disclosure is due by 2027 Where do I need to report this? Greenhouse gas emissions disclosure will be in the Form 10-Q at the end of Q2 each fiscal year. Climate-related risks, targets, and transition plans disclosure will be in SEC filings such as annual reports and registration statements. Financial information disclosure related to severe weather events, including capitalized costs, expenditures, and losses from severe weather events such as fires, sea level rise, and flooding will be in a note to the financial statements. CarbonSuite can help with your SEC disclosure requirements. Get in touch with us to start today! - Published: 2024-02-05 - Modified: 2025-05-14 - URL: https://carbon-suite.com/what-is-built-for-netsuite/ - Categories: Knowledgebase Built for NetSuite Overview Perhaps you have seen it on our website or on other software platforms, but what does "Built for NetSuite" really mean? Built for NetSuite, or "BFN" for short is a program developed by Oracle NetSuite. It encourages software developers and solution providers to build applications that connect directly with the NetSuite platform. This "SuiteCloud Developer Network," includes a group of vetted solution providers that have the privilege of building and deploying "SuiteApps" (NetSuite add-on applications). You can find these SuiteApps on the NetSuite app store, suiteapp. com. Applicants are awarded the "BFN Badge" if they can prove that their solution meets a rigorous set of standards set by Oracle NetSuite and serves an important need within the NetSuite ecosystem. According to NetSuite, "The program provides SDN Partners with principles and guidelines for developing SuiteApps in accordance with industry and NetSuite design best practices. It also provides a method for SDN Partners to verify that they have implemented these best practices in building their SuiteApp, and making it available. " It is also important to note the difference between the types of SuiteApps that exist: Native SuiteApps: built directly on the NetSuite platform. These SuiteApps do not have integrations from other data sources. Hybrid SuiteApps: built within the NetSuite platform and have external data integrations. Integrated SuiteApps: built externally from the NetSuite platform. These SuiteApps integrate data to or from NetSuite. CarbonSuite's Built for NetSuite Carbon Accounting SuiteApp CarbonSuite is a Hybrid Built for NetSuite SuiteApp. The core application is built directly within your NetSuite account, meaning you can easily integrate data can from other external software systems into CarbonSuite. This gives users the following key advantages: Single Source of Truth: All of your carbon accounting data stays directly within your NetSuite ERP system. Financial Data Security: The carbon accounting process analyzes large amounts of financial data. NetSuite ERP is your financial system of record, why would you want to integrate your financial data to an external system? With CarbonSuite, keep your financial data secure and centralized in the system of record. Reporting & Analytics: You can easily use NetSuite's best-in-class reporting and analytics capabilities to analyze your environmental data. CarbonSuite comes with pre-built reporting and data visualization capabilities. You can use these as-is, customize them to fit your needs, or create your own using NetSuite's user-friendly tools. Automation: Carbon accounting transactions are easily processed by analyzing your NetSuite ERP data. This saves you time and resources in generating your carbon footprint data. Training & Enablement: You have invested lots of time, money, and resources into your NetSuite ERP system. We've built CarbonSuite directly within NetSuite. This means you don't need to spend additional resources training your team on (yet another) cloud-based software platform. Maximize your NetSuite investments by keeping everything in one system. NetSuite experts make up our team at CarbonSuite. We have used many SuiteApps in the NetSuite ecosystem and have learned how to (and how not to) create excellent SuiteApps. The beauty of NetSuite is the ability to have one single system for all of your business operations. CarbonSuite allows you to seamlessly plug the SuiteApp into your NetSuite account, without disrupting any of your existing ERP business workflows. Now that's "Suite! " Ready to learn more? Contact Us today! - Published: 2023-12-06 - Modified: 2025-05-14 - URL: https://carbon-suite.com/california-sb-253-and-261-compliance-checklist/ - Categories: Knowledgebase The US state of California has passed two landmark bills that will have implications on thousands of companies. These are California SB 253 and California SB 261. Senate Bill No. 253, or the "Climate Corporate Data Accountability Act" which can be found here, and Senate Bill No. 261 , or "Greenhouse gases: climate-related financial risk" which can be found here. These bills are among the first in a paradigm shift from a voluntary climate-related reporting landscape to a mandatory one. Impacted companies will be required to report their Scope 1, 2, and 3 greenhouse gas emissions and their climate-related financial risks. We've created this quick guide with the key points highlighted from the legislation. California SB 253, Climate Corporate Data Accountability Act (CCDAA) Who does SB 253 affect? Any entity with total annual revenues exceeding $1 billion that does business in California must report emissions under SB 253. What does SB 253 Require? Disclosure of Scope 1, 2, and 3 greenhouse emissions, as defined by the Greenhouse Gas Protocol standards. When does SB 253 come into effect? Scope 1 & 2 Emissions disclosures are due in 2026. However, Scope 3 Emissions disclosures are due in 2027. Where do I report in order to comply with SB 253? You must post emissions reports publicly on your website. What are the penalties for non-compliance? As a result of noncompliance, authorities can fine you up to $50,000. California SB 261, Greenhouse gases: climate-related financial risk (CRFRA) Who does SB 261 affect? Any entity with total annual revenues exceeding $500 million that does business in California must report emissions under SB 261. What does SB 261 Require? A climate-related financial risk report in line with the Task Force on Climate-Related Financial Disclosure (TCFD). When does SB 261 come into effect? The first report is due by January 1, 2026, and each subsequent report is due biennially. Where do I report in order to comply with SB 261? You must report climate-related financial risk reports publicly on your website. What are the penalties for non-compliance? As a result of noncompliance, authorities can fine you up to $50,000. CarbonSuite Compliance Checklist CarbonSuite can help you with disclosure each step of the way. Get in touch with us to begin! For a full list of climate-related closure requirements, see our Climate Disclosure Tracker. California Compliance Checklist V2 - Published: 2023-11-15 - Modified: 2025-05-14 - URL: https://carbon-suite.com/carbon-accounting-for-netsuite-bpcs-case-study/ - Categories: Case Studies In a landscape where businesses increasingly prioritize environmental responsibility, CarbonSuite emerges as a game-changer with its Built-for-NetSuite carbon accounting platform. This customer case study unveils the seamless integration of sustainability into business operations. We highlight how our featured client, Bryant Park Consulting, utilizes CarbonSuite to quantify the carbon footprint of their consulting business operations. This narrative serves as a testament to the concrete benefits of adopting a comprehensive carbon accounting solution, exemplifying how technology, such as CarbonSuite, can drive businesses towards a sustainable and resilient future. Objectives Bryant Park Consulting (BPC) is a technology consulting firm that has grown tremendously since its inception in 2021. As both a partner and customer of Oracle NetSuite, BPC was looking for a plug-and-play Carbon Accounting solution that would integrate seamlessly with their NetSuite ERP system. Now with over 90 Employees, BPC’s goal for 2023 was to understand its entire carbon footprint and identify hotspots within its business operations that could be optimized to reduce greenhouse gas emissions and save energy. Solution CarbonSuite’s Carbon Accounting SuiteApp was implemented for BPC, and their entire carbon footprint was measured in a matter of days, not months. Consulting firms with remote workforces typically have the vast majority of their greenhouse gas emissions within Scope 3, and BPC was no different. The majority of BPC’s emissions came from Flights, Hotel Stays, and Working from Home. Because BPC is a fully remote firm, they also collaborated with CarbonSuite in deploying a new “Work From Home” calculation methodology. Using this method, BPC collects home office energy use data from its Employees to estimate the amount of emissions associated with working from home. Benefits 1. Built For NetSuite Carbon Accounting requires access to highly sensitive financial data. That's why it was crucial for BPC that their Carbon Accounting process was managed directly in NetSuite. 2. Automation As a growing firm, BPC wants to focus its time on delivering value to its customers, not hunting down emissions data. Using CarbonSuite, BPC put Carbon Accounting on auto-pilot and can now focus on using the data to drive organizational change. 3. The People BPC’s commitment to sustainability sets a strong precedent in the Professional Services industry, making BPC a talent magnet. Today, top employees want to work for values-based companies. This makes sustainability not just an ethical choice, but a strategic one. BPC’s leadership begs the question: If they can do it, why can’t you? Conclusion CarbonSuite helps businesses in lots of industries measure and manage their carbon footprint. If you're ready to start building sustainability into your organization, we're here to guide you every step of the way. Get in touch today! Hear from our Customers: "At BPC, we aspire to create sustainable long-term value for our customers, employees, and community. Thanks to CarbonSuite, we can now measure and manage our carbon footprint to advance our culture of sustainability. " - Published: 2023-07-06 - Modified: 2025-05-14 - URL: https://carbon-suite.com/develop-partnerships/ - Categories: Reduction Strategies Developing partnerships is an important and useful strategy on the road to reducing carbon emissions. Whether it’s carefully selecting suppliers who share your sustainability values and goals, or reaching out to community organizations that can share their expertise on best practices, developing partnerships is a crucial step on your journey. At CarbonSuite, we know how important partnerships can be and we are here to help you utilize partnerships to help satisfy your sustainability goals as effectively as possible. First you will need to identify which type of partners would be most beneficial to your business, then we will go through the steps to developing a successful partnership. Let’s get started! Step 1: Identify Potential Partners The first step in developing a partnership is to identify what type of partner may be right for your business case. It is best to identify partners who share your sustainability goals and values. Below are some different categories which partnerships can fall under: Partnership Option 1: Suppliers Collaborating with suppliers can help to optimize the entire supply chain, from raw materials sourcing to product delivery. Together you can identify opportunities to reduce emissions, such as using alternative transportation modes, implementing efficient packaging solutions, or adopting sustainable manufacturing processes. You can also engage with suppliers who are already committed to sustainable practices. This can include environmentally conscious sourcing, reduced emissions in their operations, and efficient logistics. Many major companies are already doing this. Check out some examples of industry leaders working with suppliers to help achieve their sustainability goals. UberEats has developed partnerships to help merchants transition to sustainable packaging. They provide a list of partners by country that provide sustainable packaging products and even offer discounts to merchants using UberEats. Read more here. Walmart partners with suppliers like Unilever, as part of their “Project Gigaton” which works to reduce emissions across its supply chain by one billion metric tons by 2030. Some major companies are even requiring that suppliers are working in line with their sustainability goals. Check out our list of Corporate Supplier Sustainability Policies. Partnership Option 2: Customers Collaborate with customers who value sustainability and prioritize working with companies that demonstrate a commitment to reducing their carbon footprint. When selecting potential customers, keep in mind your own sustainability goals and look for customers whose practices and policies are in line with yours. For example, if you are a supplier of organic, sustainably sourced cotton, you can look for companies who have ESG plans and targets in place. That way, you can help each other meet your sustainability targets. Partnership Option 3: Industry Peers Seek opportunities for collaboration with industry peers to address common challenges, share best practices, and collectively drive emissions reductions within the sector. This can include collaboration for sustainable changes within your sector or supply chain, advocacy for policy changes, or even co-investment in clean technology. Let’s have a deeper look at these options: Collaboration for Industry Change Working with industry peers is a great way to drive change within your sector. You can work together to set new standards for your own businesses, driving change within the entire market. For example, leading fashion brands such as H&M, Nike, Kering, ASOS, and Adidas have demonstrated this under the Global Fashion Agenda to promote sustainable fashion practices. This group focuses on circular fashion, climate action, and responsible consumption within the industry. Co-investment in Sustainable Projects Co-investing in clean technologies, carbon-capture, and infrastructure projects with industry peers can be a great tool in achieving your ESG targets. Pooling resources and expertise can accelerate the adoption of renewable energy, energy-efficient equipment, or sustainable transportation solutions. This can include shared funding or joint ventures to support the development and implementation of innovative technologies that reduce emissions. For example, Amazon, along with partners like Microsoft and Unilever, is co-investing in clean technologies through the Climate Pledge Fund, a $2 billion venture fund focused on supporting companies that are developing sustainable technologies. This includes innovations in renewable energy, energy storage, electric vehicles, and carbon capture technologies. Advocacy for Policy Changes Collaborate with partners to advocate for policy changes that support emissions reductions and sustainability goals. Jointly engage with policymakers at local, regional, and national levels to promote favorable regulations, incentives, or market mechanisms that drive the adoption of low-carbon practices. Collective advocacy carries more weight and increases the likelihood of policy changes aligned with sustainability objectives. For example, Ford, General Motors, and Tesla have advocated together for stronger fuel efficiency and electric vehicle (EV) policies in the U. S. They supported California’s efforts to maintain stringent vehicle emissions standards, which push for more electric vehicle adoption and lower carbon emissions in the automotive industry. These companies often lobby for federal policies that expand EV infrastructure and promote clean transportation. Partnership Option 4: Community Organizations Partner with local environmental groups, non-profits, or governmental organizations to leverage their expertise, access resources, and contribute to broader sustainability initiatives. This can be useful to gain insights and resources, within a particular area of interest. These partnerships can also help with selecting sustainable suppliers, tracking progress towards goals, and bringing visibility to your company’s sustainability initiatives. Here are some examples of major companies partnering with community organizations as part of their sustainability initiative: Patagonia partners with 1% for the Planet, donating 1% of its sales to environmental causes. T Apple partners Conservation International in its efforts to protect and restore critical ecosystems and develop carbon sequestration projects. These initiatives include reforestation and sustainable agriculture projects in Latin America, Levi’s partners with the Better Cotton Initiative to sustainably source cotton used in its products. The initiative promotes environmentally friendly farming techniques that use less water and fewer pesticides. Microsoft partnered with The Nature Conservancy to support sustainable water management practices and reduce environmental degradation through conservation. Step 2: Establish Your Partnership Once you have identified a potential partnership, you can get started on your plan of action. Here we will go through the steps to executing a successful partnership. When establishing your partnership, it is crucial that you and your new partner are on the same page. To do so, make sure you set shared emissions reduction goals and establish clear metrics to measure progress and hold each partner accountable. Ensure you are aligned on the methodology and reporting so that you are accurately and clearly meeting your goals measuring your progress. This will create a strong, stable foundation for the partnership, enabling you and your partners to work together towards a common objective. Get aligned on sustainability goals Make sure your values are aligned and you have the same objective aligned as far as your sustainability goals are concerned. Depending on your goals, set shared milestones and progress expectations. Make sure you are holding each other accountable in achieving these goals. Establish a reporting system Determine what type of reporting method you will be using to track progress towards your goals. Whether it is through a third party like the Climate Disclosure Project (CDP), or through your own unique platform, this is a very important aspect of your partnership. Stay involved Set up regular meetings, workshops, or forums where partners can share insights, experiences, and best practices. Encourage open communication with your partners to drive continuous improvement and collective learning. Celebrate Achievements Regularly communicate the progress, achievements, and collective impact resulting from your partnerships. Share your success stories, highlight emissions reductions, and showcase the value of collaboration in driving sustainable practices. Transparent communication inspires others and fosters a culture of sustainability. It also satisfies consumers who are now more than ever looking for transparency within the marketplace. Still not sure where to begin? Partnering with CarbonSuite is a great place to get started! We’ll help you measure your carbon footprint so you have the data you need to set clear, achievable sustainability goals. Get in touch with us to start your journey today. - Published: 2023-07-06 - Modified: 2025-05-14 - URL: https://carbon-suite.com/implement-recycling-program/ - Categories: Reduction Strategies Assessing Your Waste Before establishing a recycling program, it is crucial to conduct a waste audit to understand the types and quantities of waste generated by your company. Analyze the composition of your waste streams, including paper, plastic, glass, metals, and organic waste. This assessment will guide your recycling program design and target areas with the highest potential for emissions reduction. Designing an Effective Recycling Program Developing an effective recycling program requires careful planning and consideration. Follow these steps to design a program that aligns with your company's goals: Identify recyclable materials: Determine which materials can be recycled and establish collection systems for each material stream. Provide recycling bins: Place clearly labeled recycling bins throughout your facilities, making it easy for employees to sort and dispose of recyclable materials. Educate and engage employees: Conduct training sessions to educate employees about recycling practices, the importance of waste reduction, and proper sorting techniques. Collaborate with waste management partners: Partner with reputable waste management companies that have recycling capabilities and ensure that collected materials are properly processed and recycled. Reduce and Reuse To maximize the impact of your recycling program, focus on waste reduction and reuse strategies: Encourage digitalization: Promote the use of digital documents and email communication to reduce paper waste. Implement a paperless office policy: Use double-sided printing, recycle printer cartridges, and set printers to default to black-and-white and draft mode. Introduce reusable alternatives: Replace single-use items, such as plastic cups and utensils, with reusable options in break rooms and cafeterias. Partner with Recycling Facilities Establish partnerships with recycling facilities that specialize in processing the materials collected through your program. Ensure that these facilities have robust recycling processes in place to maximize the value and environmental benefits of the recycled materials. Consider local recycling facilities to reduce transportation emissions associated with waste disposal. Measure and Track Progress Utilize your carbon accounting application to track the emissions reductions achieved through your recycling program. Regularly measure the volume of waste diverted from landfills, the amount of materials recycled, and the emissions saved through recycling activities. Monitoring progress helps identify areas for improvement and provides valuable data for reporting on your sustainability achievements. Communication and Employee Engagement Effective communication is vital to the success of your recycling program. Raise awareness among employees about the program's goals, benefits, and proper waste sorting practices. Share success stories, provide recycling tips, and recognize employee contributions to foster a culture of sustainability and active participation. - Published: 2023-07-06 - Modified: 2025-05-14 - URL: https://carbon-suite.com/purchase-offsets/ - Categories: Reduction Strategies Carbon offsets represent a financial investment in projects that reduce or remove greenhouse gas emissions from the atmosphere. These projects can include renewable energy installations, reforestation efforts, energy efficiency initiatives, or greenhouse gas capture projects. The emissions reductions achieved by these projects are quantified and verified by recognized standards and methodologies. Carbon Offsets can be useful when complying with Carbon Accounting Mandates or Supplier Sustainability Policies, but they can also be overall good for business: improving company image and attracting potential investors. Interested in investing in Carbon Offsets? Let’s have a look at the steps to selecting the right carbon offset for your business. Step 1: Set Ambitious Emission Reduction Targets First, always, always, always REDUCE before you OFFSET. While carbon offsets provide an effective way to compensate for unavoidable emissions, they should not replace efforts to reduce emissions at the source. It is crucial to set ambitious emission reduction targets and implement sustainable practices within your operations. By combining emissions reduction strategies with carbon offsets, you can achieve a more comprehensive and impactful sustainability approach. For more information, please refer to CarbonSuite’s Reduction Strategies. Step 2: Assess Your Emissions Before considering carbon offsets, it is essential to conduct a comprehensive assessment of your company’s emissions. You can use CarbonSuite to measure your carbon footprint accurately and produce a baseline for your emissions. Understanding your emissions baseline will help you determine the amount of offsets needed to neutralize or reduce your impact. Most carbon offset programs will require you to set your emissions baseline as a prerequisite step to incorporating carbon offsets into your sustainability strategy. Step 3: Select High-Quality Carbon Offset Projects When purchasing carbon offsets, it is crucial to choose projects that meet rigorous standards and certifications to ensure their environmental integrity and effectiveness. Consider the following factors when selecting carbon offset projects: Additionality Ensure that the project would not have happened without the revenue generated from the sale of carbon offsets. It should lead to emissions reductions or removals beyond what would have occurred under a business-as-usual scenario. Verifiability Look for projects that are independently verified and audited by recognized third-party organizations. This verification process ensures that the emissions reductions claimed by the project are accurate and trustworthy. Co-benefits Consider projects that provide additional environmental, social, or economic benefits to the communities where they are implemented. Examples include job creation, biodiversity conservation, or improvements in local air and water quality. To purchase carbon offsets, you generally have 2 options: You can use a carbon offset marketplace. For example, the Gold Standard Marketplace is a good option for carbon offset projects known for their transparency and verified impacts. You also have niche carbon offset providers like Tentree, who through their Climate+ program, will plant trees for you and verify their impact. However, be sure to perform your own research to verify that you are purchasing high quality carbon offsets. You can purchase carbon offsets directly from a project developer. This is commonly performed by large companies that want to fund their entire carbon offset portfolio with projects of their choosing. Microsoft is well known for using this option and funding carbon reduction projects directly. Again, be sure to perform your own research to verify that you are purchasing high quality carbon offsets. It’s important to note that carbon offset markets are largely voluntary and under-regulated. This means that while these projects can be very effective, there are inherent risks to investing in carbon offsets. Additionally, under the GHG Protocol, carbon offsets are reported separately from emissions – they do not directly reduce your company’s carbon footprint, but are reported as a separate line item that can help to communicate your sustainability progress to stakeholders. Step 4: Communicate Transparently Transparency and effective communication are important when purchasing carbon offsets. Clearly communicate to stakeholders, employees, and customers that your company is taking action to reduce its carbon footprint. Provide information about the projects supported, the methodology used, and the emissions reductions achieved. Transparent reporting builds trust and demonstrates your commitment to environmental responsibility. Step 5: Monitor and Verify your Offsets Continuously monitor and verify the impact of the carbon offsets you have purchased. Regularly assess the progress of the projects you support and verify that the claimed emissions reductions are being delivered. This monitoring process ensures the ongoing environmental integrity and effectiveness of your carbon offset investments. Luckily, you can use CarbonSuite to monitor progress towards your reduction goals. Still unsure of where to begin? CarbonSuite is the perfect place to get started. Get in touch with us so that we can help assist you in your reduction journey. - Published: 2023-07-06 - Modified: 2025-05-14 - URL: https://carbon-suite.com/reduce-transportation-emissions/ - Categories: Reduction Strategies So you are interested in reducing your transportation emissions but are not sure where to start? Transportation is a big sector to tackle. It accounts for around one fifth of total global emissions, and it can range from employee commuting, to long-haul business travel, to company fleets. To keep things as simple as possible, we break down transportation into 4 parts: 1: Office Related Transit 2: Business Travel 3: Electric Vehicles 4: Measure and Communicate Impact This article is designed to help you better understand where your transportation emissions are coming from, and what you can do to decrease them as easily and effectively as possible. Let's get started! Part 1: Office Related Transit (Employee Commuting) There are many ways to reduce your transportation emissions when discussing employee transportation to and from the office, appointments, or site visits. Below we break down the five main ways to effectively reduce emissions from employee transportation. Step 1: Offer Public Transit Reimbursements Public transportation is a great option for employees to get to and from the office, as well as appointments and site visits. Some employees may even already be using it. Offering a public transit reimbursement for your employees will not only encourage your employees to use public transit, but will also allow you to better track your company’s carbon footprint. There are two main ways you can incorporate public transit reimbursements to reduce your transportation emissions. Either offering transit passes, or offering reimbursements for riding in commuter highway vehicles. Option 1: Transit Passes Offer discounted or subsidized public transit passes to your employees, making it an attractive and cost-effective option. In combination with a transit reimbursement, it may be useful to provide information and resources about public transportation routes, schedules, and fares to help employees navigate the system effectively. Option 2: Commuter Highway Vehicles Offer reimbursements for riding in a commuter highway vehicle. These vehicles are able to transport several employees at once, reducing the cars on the road and the environmental impact of your employees. Providing incentives or reimbursements for using public transportation is a great way to encourage employees to move away from driving to and from the office. Some federal, state, and local governing bodies even offer programs or subsidies to promote public transit. For example, in the United States, the IRS allows employers to provide allowances for transit passes and commuter highway vehicles with pre-tax dollars. Employers can provide up to $315/month* for transit passes for employees. Find out more here. *$315/month total for transit pass allowances and commuter highway vehicles Interested in finding out what transit incentives may be available in your area? CarbonSuite can assist with understanding your options or connect you with a local partner. Step 2: Provide Shuttle Services If you have many employees commuting from similar locations, or your office is in a location not accessible by public transit, it can be useful to provide a shuttle service to and from your office. This can be a great benefit for employees by providing affordable work transportation, and a great benefit to the environment by reducing your company's transportation emissions. To do so you can partner with local transit authorities to provide shuttle services between your office and nearby transit hubs, making commuting more convenient for employees. There are many companies out there offering corporate shuttle services. Need help locating one? CarbonSuite can assist with understanding your options or connect you with a local partner. Step 3: Encourage Carpooling Carpooling is a great way to reduce the number of vehicles on the road, thus reducing transportation emissions. Many companies around the world are now implementing programs to encourage employees to carpool to work. Some government authorities are even offering incentives for carpooling within cities to reduce transportation emissions. Here are two tried and true methods for encouraging carpooling in your business: Establish a carpool matching program to connect employees living in the same area and encourage them to share rides to work. Offer Incentives such as reserved parking spaces or reduced parking fees for employees choosing to carpool. Step 4: Support Active Commuting Promoting active commuting options, such as walking or cycling, not only reduces emissions but also promotes employee health and well-being. Here are some ways to support active commuting: Create a bicycle-friendly workplace by providing secure bike parking facilities, showers, and changing rooms. Offer incentives for employees who choose to walk or bike to work, such as wellness program rewards or extra paid time off. Install bike-sharing stations near your office premises to encourage employees to use bicycles for short trips during the workday. Host a weekly or monthly active commuting day, offering free lunch or other incentives for those who elect to walk or bike to work. Step 5: Offer Flexible Work Arrangements Implementing flexible work arrangements can significantly reduce commuting needs and associated emissions. Flexible hours and remote work options have also become preferred by employees across the world. If possible for your business model, consider the following options: Offer remote work opportunities or telecommuting options, allowing employees to work from home a certain number of days per week. Implement flexible work hours, enabling employees to avoid peak commuting times and potentially reduce travel time. Part 2: Business Travel When it comes to business travel, the best thing you can do is first ask yourself, is this long-distance travel really necessary? If the answer is yes, then carry on and follow our steps listed below to make the trip as sustainable as possible. If the answer is no, then do yourself and the planet a favor and skip it! So this trip is absolutely vital to your business, what can you do to lower your environmental impact? First, you can consider all your options to determine which is the most eco-friendly, and if possible, try to find an alternative to flying. Flying contributes a significant amount of GHG emissions, so whenever possible, it is best to opt for a more eco-friendly alternative like a train ride. No alternatives to flying? That's okay. Next you can have a look at your options for flying. Try to take the least carbon intensive flight possible. Book the most direct route Nonstop flights are your best option, as they lower the total amount of time in the air and therefore jet fuel used. They also lower the number of times of take off and landing, which is actually the times where the plane is using the most fuel and therefore emitting the most carbon. Reducing the number of take-offs and landings, reduces transportation emissions, so whenever possible, try to book direct flights. Look for flights using the least emissions possible Nowadays you can actually measure the emissions of a particular flight using the Travel Impact Model. Google Flights even has this built into its flight lookup model, so you can clearly see which flights are more emission heavy than others. Purchase carbon offsets To neutralize the carbon impact of your flight, you can purchase carbon offsets. Here at CarbonSuite, we can help you calculate the emissions of a particular flight, or of your total business travel, letting you know exactly how many carbon offsets you will need to purchase. Once you have arrived at your destination, there are still further ways you can reduce transportation emissions. Here are a few further options to keep your trip as green as possible: Opt for Public Transit Determine if you really need to rent a car for the trip, or if its possible to get around using public transit. Choosing public transit can help you to get familiar with the area and help lower your overall impact. Even using rideshares such as uber or lyft as opposed to renting a car can help keep your carbon impact down. Choose environmentally-friendly accommodation Many hotels are moving to more environmentally friendly practices, like only replacing towels and sheets when requested, or implementing technology to reduce their overall energy usage. These hotels typically have a sustainability policy on their website, so they will be easy to spot. Business travel can be a huge contribution to overall carbon emissions, and finding a way to measure and reduce your impact can seem daunting. Luckily, here at CarbonSuite we have lots of experience measuring and reducing carbon related to business travel. Send us an email and see how we can help you get started today! Part 3: Electric Vehicles Electric vehicles are gaining popularity and are a great option for businesses who spend a lot of time traveling to and from appointments or sites. And they are a great way to reduce transportation emissions! If this sounds like you - upgrading to an electric vehicle fleet may be a great option for your business. Many utility provides even offer incentives to support the transition to electric vehicle fleets. Check out this case study from National Grid, a utility provider in the Eastern United States, documenting one county's transition to 100% electric vehicles. They received over $100,000 in incentives from National Grid's Make-Ready program. Want to learn more about what incentives may be available for your business? CarbonSuite can assist with understanding your options or connect you with a local partner. You can also check out this article to determine if upgrading to an electric vehicle fleet may be right for your business. Part 4: Measure and Communicate Impact CarbonSuite is a great tool for measuring impact related to transportation within your business. Our Built-for-NetSuite SuiteApp allows you to easily measure your carbon impact, enabling you to take accountability for your emissions. Reach out to our team today to determine how we can help you get started reducing your transportation-related carbon emissions! - Published: 2023-07-06 - Modified: 2025-07-31 - URL: https://carbon-suite.com/optimize-energy-usage/ - Categories: Reduction Strategies To begin your journey towards optimizing your energy usage, generally the first step will be to conduct an energy audit. This assessment will allow you to better understand your energy usage and locate areas for improvement. It is recommended to request an audit from a trusted engineer, as they will be able to give you accurate data on energy usage across your facilities. Once a thorough audit has been completed, a variety of upgrades may be available for your business. We go into further detail on what these options may be below. It is important to review the results of your data with a trusted consultant and complete a cost savings analysis so that you can get a full picture of how each option will affect your business. CarbonSuite can assist by providing a GHG analysis, showing how each option will directly affect your carbon emissions. Let's have a look at what options your business may have may have to optimize your energy usage. Upgrade Your Lighting Step 1: Upgrade to LEDs One of the easiest and most effective ways you can reduce electricity consumption is by upgrading your lighting to LEDs. Traditional incandescent bulbs are highly inefficient, emitting large amounts of heat and consuming excessive energy. They also have much shorter life spans, lasting 1,000 hours compared to the 25,000-hour lifespan of a LED. But what about CFL bulbs? CFL bulbs are also an option for energy efficient upgrades as they are more efficient than traditional incandescent bulbs. However, they are only about 25% more efficient whereas LEDs are roughly 75% more efficient. So, when looking to optimize energy usage, it's best to stick with LEDs. How can I get started? Reach out to a trusted engineer or lighting services provider in your area to determine how your business may benefit from a LED Upgrade. Step 2: Install Lighting Controls Another great option is to install occupancy sensors and/or daylight harvesting systems to automatically adjust lighting levels. Occupancy sensors use motion sensors to determine if lighting is required in a space. They automatically turn lights on and off based on if the space is occupied. These can save large amounts of energy and relieve you from worrying about whether or not you’ve turned off the lights! Daylight harvesting systems automatically adjust the brightness of the lights within a space based on natural light available. This leads to less energy usage throughout the day while keeping the space well-lit and comfortable. How can I get started? Lighting controls are often offered as a pairing with LED upgrades, but can also be offered as their own service. Reach out to a trusted engineer or lighting services provider in your area to determine where your business may benefit from lighting controls. Upgrading your lighting through one of the methods above can result in significant energy savings. And even better – you may qualify for an incentive program to lower the cost of implementation. See below for details. United States: Many utilities offer incentives for upgrading to LEDs and/or implementing lighting controls. Reach out to your utility provider for details on what programs you may be eligible for. Canada: Canada offers a variety of resources to understand what energy efficient products and financial resources are available. Learn more here. Australia: Depending on your state, you may be eligible for an Energy Savings Scheme such as qualifying for Energy Savings Certificates (ESCs) in New South Wales or Victorian Energy Efficiency Certificates (VEECs) in Victoria. Not located in one of the regions listed above? CarbonSuite can assist with understanding your options or connect you with a local partner. Optimize Your HVAC and Water Heating Systems Your heating, ventilation, and air conditioning (HVAC) systems are major contributors to your electricity consumption. Here are some simple and low-cost changes you can make to optimize their usage: Step 1: Regular Maintenance Regularly maintaining and cleaning your HVAC systems can have a big impact on energy usage. This can seem obvious or unnecessary, but leaving your HVAC unit unattended for long periods will require it to work much harder. This leads to increased electricity usage to meet your desired temperature. Regular maintenance also extends the lifetime of your equipment prolonging the need for replacement. How can I get started? You can check out this do-it-yourself guide, or reach out to a professional for routine maintenance and performance monitoring. Step 2: Upgrade to Smart Thermostats Smart Thermostats are wifi-enabled thermostats that can adjust temperature settings remotely or based on occupancy schedules, allowing you to optimize your energy usage. Some even have features that can detect if there is a problem with your system and can remind you when it is time to complete your regular maintenance. You may even qualify for a rebate or incentive depending on where your business is located. How can I get started? Discuss your options with your utility provider or go to your local home improvement store for recommendations on which Smart Thermostat may be right for you. Below are some recommendations by region: United States: Check with ENERGY STAR here to determine eligible products and if your business is eligible for a rebate. Canada: Depending on your province and utility provider, you may be eligible for a rebate on upgrading to a smart thermostat. Reach out to your utility provider to learn more. Not located in one of the regions listed above? CarbonSuite can assist with understanding your options or connect you with a local partner. Step 3: Improve Insulation Poor insulation can cause your heating and air conditioning equipment to work much harder than it needs to, leading to increased energy use. Improving insulation can help to prevent heat loss in winter and heat gain in summer, reducing the workload on your HVAC and water heating systems. How can I get started? Conducting an energy audit is the best way to understand where your building may be losing energy due to poor insulation. Reach out to a trusted engineer to review your business site and provide recommendations for improvement. You can also check out this article to determine if your business is in need of an insulation improvement. Choose High-Efficiency Equipment and Appliances Appliance manufacturers are always releasing new, high efficiency equipment to meet consumer demand as well as federal, state, and regional requirements. Different appliances have different units to measure energy efficiency such as SEER/EER (Seasonal/Energy Efficiency Ratio) for HVAC equipment, and COP (Coefficient Of Performance) for Water Heating equipment. How can I get started? Reach out to a trusted engineer to determine what equipment in your business may benefit from an upgrade. You can also look out for the ENERGY STAR label when purchasing appliances for your office and encourage employees to do the same. Choosing high-efficiency appliances can have a huge impact on your energy usage. Many utilities and government entities around the world offer incentives for upgrading an older appliance to a high-efficiency appliance. Some even offer incentives for properly recycling old equipment. See below for details. United States: Many utilities offer incentives for upgrading to high efficiency HVAC, water heating, and even foodservice appliances. You can check with your utility provider for details on eligible programs. Canada: Canada offers a variety of resources to understand what energy efficient products and financial resources are available. Learn more here. Australia: Depending on your state, you may be eligible for an Energy Savings Scheme such as qualifying for Energy Savings Certificates (ESCs) in New South Wales or Victorian Energy Efficiency Certificates (VEECs) in Victoria. Not located in one of the regions listed above? CarbonSuite can assist with understanding your options or connect you with a local partner. Implement Demand Response Programs Electricity prices tend to spike during periods of the day where large amounts of energy are being used by consumers. It can be difficult for utilities to meet these periods of high demand, therefore many utility providers have implemented demand response programs. These programs ask that you to reduce your electricity usage during peak demand periods, and provide incentives for doing so. By voluntarily curtailing electricity consumption or shifting it to off-peak hours, you can help reduce demand on the grid, and earn financial incentives or reduced energy prices. How can I get started? Reach out to your utility provider to determine your options for participating in a demand response program. Foster Employee Engagement and Awareness Engaging your employees and fostering a culture of energy consciousness is crucial for long-term success. Educate your staff members about the importance of optimizing energy usage and provide training on energy-efficient practices. Below we list some simple ways you can get started. Promote Education and Awareness Conduct regular training sessions to educate employees about the importance of energy efficiency and how their actions impact overall energy usage. Use emails, newsletters, and internal communication platforms to share tips and success stories about energy-saving practices. Host workshops with energy experts to provide in-depth knowledge and answer questions about energy optimization. Incorporate Motivation and Incentives Offer rewards or recognition for employees who demonstrate significant contributions to energy-saving initiatives. Create competitions or challenges where teams or departments compete to reduce energy consumption, with prizes for the most effective group. Publicly recognize employees or teams that achieve notable energy savings through newsletters, meetings, or bulletin boards. Provide Strong Leadership and Culture Ensure that leadership is visibly committed to energy efficiency, setting an example for employees to follow. Integrate energy efficiency into the company’s core values and mission, making it a part of the organizational culture. Regularly review and update energy-saving practices and policies, involving employees in the process to keep them engaged and invested. Incorporate Measurement Tools Implement smart energy management systems that provide real-time data on energy usage, helping employees see the impact of their actions. Use visible dashboards to display current energy usage and progress towards goals, keeping energy efficiency top-of-mind for everyone. Ready to Get Started Optimizing Your Energy Usage? Let’s Review How in Just 5 Easy Steps! 1: Request an energy audit from a trusted engineer. 2: Review your energy usage with a trusted professional and determine which energy efficiency upgrades will be right for your business. 3: Incorporate simple, low-budget solutions like regular HVAC maintenance and employee engagement. 4: Implement the solutions and begin saving energy. 5: Track your GHG savings with CarbonSuite! Ready to get started? Send us an email and we can help connect you with experts in the field. - Published: 2023-05-28 - Modified: 2025-04-21 - URL: https://carbon-suite.com/carbon-accounting-101/ - Categories: Knowledgebase Let’s have a look at what carbon accounting, or climate reporting, really means. To understand carbon accounting, first we need to understand greenhouse gases and how they relate to emissions. Once we understand what these emissions are, we will discuss how to calculate them. After, we will learn how to calculate those emissions into a reportable format. Let’s begin. What are Greenhouse Gasses? Simply put, Greenhouse Gasses (GHGs) are gasses that warm the earth. Here’s how it works: Sunlight (solar radiation) reaches the earth. The earth’s surface and atmosphere absorb some of the sunlight, while they reflect the rest back into space. The Greenhouse Gasses in the atmosphere absorb this light and re-radiate it as heat in all directions. This has a warming effect on the earth. The main Greenhouse Gasses are Carbon Dioxide (CO2), Methane (CH4), Nitrous Oxide (N2O), Hydrofluorocarbons (HFCs), Perfluorocarbons (PFCs), Sulfur Hexafluoride (SF6), and Nitrogen Trifluoride (NF3). We need Greenhouse Gasses to keep the earth warm and at the desired temperature equilibrium to harbor life. Some amount of Greenhouse Gasses are good, and they are crucial for keeping the earth at a livable temperature. If we have too many Greenhouse Gasses, however, they will warm the earth above the temperature equilibrium. This threatens the earth systems, which are designed for milder temperatures. Many human activities put additional Greenhouse Gasses into the earth’s atmosphere. Some examples include: burning fossil fuels, mixing cement, manufacturing steel, using fertilizer, and leaking refrigerants. Greenhouse Gas “Emissions” emerge when we perform GHG-creating activities like the ones listed above, which further increases the temperature of the earth. Note: not all GHGs are created equal. All GHGs have a “Global Warming Potential” (GWP) which represents the total impact a particular gas has on warming the earth. Carbon Dioxide (CO2) is used as the baseline gas and has a GWP of 1. Other more potent gasses like Methane (CH4) and Nitrous oxide (N2O) have GWPs of 25 and 298, respectively. How are Emissions categorized? GHG emissions (also referred to as “Carbon emissions”) are broken down into 3 categories, or “Scopes. ” Scope 1 emissions are directly related to your operations (think company-owned cars / trucks and boilers / furnaces used in a manufacturing process). Scope 2 emissions come from purchased energy (think electricity bills). Scope 3 emissions include the emissions in your supply chain (such as 3rd party shipping, product end-of-life treatment, as well as emissions from companies you invest in). Source: GHG Protocol Check out our “Scope 3 Spotlight” blog post to learn more about Scope 3 Emissions. How are Emissions calculated? For calculating emissions, we use the GHG Protocol, the globally recognized standard, here at CarbonSuite. At a high level, the steps are as follows: Identify Emission Sources: First define all of the operations, assets, and entities within your organization that produce GHG emissions. This process involves reviewing operational processes, conducting interviews, and analyzing process documentation. As a result, the deliverable is a full list of Emission Sources for your organization. For example: Your company owns Truck #1000 and it uses gasoline as fuel to deliver your products to your customers. Truck #1000 is an Emission Source. Collect Data The next task is to Calculate Emissions. You can use a variety of methods, depending on your data available such as Emission Factors (global averages), Mass Balance, Flow Rate, and Fuel Use. After selecting one of these Calculation Approaches, you are ready to complete the Emission calculation. Note: We recommend using a validated calculation tool to complete the emission calculation. CarbonSuite’s software solutions help you automate your entire Carbon Accounting process, from identifying emission sources to collecting data and calculating emissions. We also have built-in quality controls to ensure that you are producing the most accurate emissions reports from day one. Ready to learn more? Check out our product at offerings at https://carbon-suite. com/features/ Okay I’ve calculated my Emissions, how do I report them? You’ve done the hard work, now it’s time to publish your findings. Just like producing and auditing financial statements, identifying, collecting, and recording carbon emissions processes require meticulous accuracy. Reporting standards can differ widely depending on your specific region and its jurisdiction’s regulations. We update CarbonSuite’s functionality frequently to keep up with global reporting standards to ensure that you stay in compliance and take full advantage of the benefits of reporting your company’s Emissions. What’s Next? Once you have calculated and reported your company’s Emissions, you are ready to start building out your strategy to reduce your Emissions. Set a Science Based Target, broadcast it to the public, and get to work! Ready to start reporting? Contact us today.