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Sustainability
Property and Real Estate

Empowering a creative co-working space with carbon tracking for B-Corp certification

A popular co-working space was exploring B-Corp certification. Their biggest challenge was a significant gap in their environmental scoring, particularly in tracking their carbon footprint. With increasing requests from residents for more transparency on sustainability efforts, our client needed a solution to measure and report their carbon emissions effectively.

Service
Sustainability
Intelligent Data and Automation
Sector
Property and Real Estate

"This project has given our client the tools and insights they need to progress towards B-Corp certification while driving meaningful improvements in their environmental practices."

The Challenge

Our client faced several challenges in achieving their B-Corp certification, including:

  1. Lack of carbon footprint tracking meant they could not measure or report their environmental impact.  
  1. They faced increasing pressure from residents to improve sustainability and transparency of environmental practices.  
  1. They had limited insights into how to reduce their carbon emissions and align with the growing demand for eco-conscious practices.

The Solution

We used our ESG Tracking Tool to address these challenges through four key activities:

  • Data Analysis: We gathered and analysed our client's expense and energy consumption records to calculate their Scope 1, 2, and 3 carbon emissions.  
  • Carbon Footprint Calculation: Using the data, we calculated our client's total carbon footprint, covering direct emissions, energy consumption, and their supply chain's environmental impact.
  • Power BI Dashboard: We presented the carbon footprint information in a Power BI dashboard, providing our client with an interactive tool to track emissions and other relevant sustainability metrics.
  • Insights for Reduction: The dashboard highlighted potential areas where our client could reduce emissions, offering actionable insights to improve sustainability.

The Impact

The implementation of the ESG Tracking Tool and Power BI dashboard led to the following outcomes:  

  • Enhanced Carbon Reporting: The client can now quickly and accurately measure their carbon footprint, significantly improving their carbon reporting practices.  
  • B-Corp Readiness: The client can effectively address the environmental criteria for their B-Corp certification with detailed carbon tracking.
  • Sustainability Insights: The dashboard provides a clear, visual representation of their carbon emissions and identifies key areas where they can reduce their environmental impact.
  • Resident Engagement: The improved transparency around carbon reporting has addressed resident concerns and bolstered the client's reputation as an eco-conscious co-working space.  

This project has given our client the tools and insights they need to progress towards B-Corp certification while driving meaningful improvements in their environmental practices.

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