Definition
A way of calculating Scope 2 emissions that reflects the electricity a company chooses to buy. Renewable electricity bought through energy attribute certificates, a green tariff or a power purchase agreement lowers emissions under this method. Any electricity not covered is calculated using the grid’s average emissions, minus the renewable power others have already claimed (known as the residual mix). Companies following the GHG Protocol report Scope 2 emissions with both this method and the location-based method.
In Practice
“My company switched to a green electricity plan this year, so our market-based Scope 2 emissions went down.”
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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.
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