ESG Glossary
Definition
A way of testing how a company’s business would hold up under different possible climate futures, for example a world that limits warming to 1.5°C through fast policy change, or a hotter world with more extreme weather. Companies estimate the effect of each scenario on their sites, costs and revenue. IFRS S2 requires companies to use climate-related scenario analysis to assess their climate resilience, at a level of detail that suits their circumstances.
In Context
“Our scenario analysis showed a USD 50 per tonne carbon price would wipe out the margin on our cement line, so the board approved the kiln upgrade a year early.”
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FAQs
Data security
We take data security very seriously. ECO-OS uses enterprise-grade security measures, including encryption, secure data storage, regular security audits, and compliance with leading industry standards. Your sensitive ESG data remains private, secure, and confidential at all times.
Do you provide implementation support?
Absolutely! Our professional services team is among the most talented and experienced in the business. They provide hands-on implementation support, systematically guiding your team every step of the way. From initial data discovery and onboarding of users to training and integration, our experts ensure your team rapidly closes gaps and creates new value with ECO-OS.
Do you also support Scope 3 reporting?
Of course. ECO-OS provides an end to end solution for Scope 3 emissions following the guidance of the GHG Protocol. A suite of tools unique to our platform simplifies the complex task of communicating, collecting and aggregating your supply chain data, helping you clearly understand your full value chain emissions and devise actionable reduction programs.
What international standards and frameworks are supported by ECO-OS?
ECO-OS supports alignment with major global ESG reporting frameworks, including CSRD, the GHG Protocol, California SB 253 and SB 261, the UN Global Compact, the UN SDGs, and other leading international standards.