Identifying Emissions Sources, Mitigating Risk, and Demonstrating Environmental Responsibility

Corporate value chain (Scope 3) accounting allows companies to assess their entire supply chain emissions impact and identify where to focus abatement activities. Scope 3 emissions account for the goods a company purchases to the end of use of products the company sells. The GHG Protocol released the Scope 3 Standard in 2011 and it is the only internationally accepted method. Both upstream and downstream channels are accounted for via 15 categories. Benefits of measuring Scope 3 emissions are identifying which suppliers are leaders, locating hotspots across the value chain, and encouraging product innovation to create energy-efficient products.

Starting Price: $40,000
Estimated Delivery: 10 weeks

Canopy Edge’s Supplier Edge program is the first of its kind, offering sponsor companies a supplier engagement program at no cost. With the goal of reducing barriers to meaningful scope 3 emissions reduction progress, Canopy Edge has developed a program that contains no minimum thresholds for the sponsor’s supplier commitments. Sponsors can place 1-200 suppliers into the program and the suppliers will receive access to competitively priced services, delivered in accelerated timelines.

Encouraging your suppliers to work with Canopy Edge’s consultants provides them with immediate access to decades of combined expertise and experience in GHG accounting, ensuring accurate measurement and reporting of emissions, allowing our team to help identify data gaps, recommend best practices for data collection, and use advanced tools to analyze emissions comprehensively. Additionally, our experience allows suppliers to benchmark performance against industry standards and peer companies, providing valuable insights for setting realistic and ambitious target setting and reduction goals.

Sample Supplier Starter Package:

•  Calculate Scope 1 and 2 GHG Footprint (in software)
•  Ongoing Advisory during the project (5 hours)
•  For companies with fewer than 15 employees

Starting Price: $9,500
Estimated Delivery: 6-8 weeks

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Build Your Own Supplier Engagement Program

Empower Success Within Your Supply Chain

Supplier engagement plays an essential role in addressing Scope 3 emissions and achieving climate targets. Collecting GHG inventory data from suppliers can be a daunting task for any company. Software solutions offer some relief; however, strategy, communication, education, and procurement engagement are also critical for success. Canopy Edge’s custom supplier engagement programs encourage suppliers to adopt sustainable practices, such as reducing carbon emissions, minimizing waste, and ensuring fair labor conditions. By engaging suppliers in sustainability efforts, sponsors will enhance their supply chain’s resilience, improve resource efficiency, and create a positive impact on communities and the environment. Most programs often include setting clear sustainability criteria, training and resources, conducting regular assessments, and recognizing and rewarding suppliers who demonstrate significant progress.

Supplier Engagement Assessment (Stage 1)

This foundational assessment establishes a baseline and identifies areas needing improvement while also educating suppliers about the sponsor’s commitment to sustainability. By setting clear expectations and providing support for sustainable transitions, the sponsor can begin fostering collaborative relationships aimed at achieving mutual sustainability objectives. This first step is crucial for building a resilient, ethical, and sustainable supply chain, and paves the way for a strategic action plan for a supplier engagement program.

Starting Price: $15,000
Estimated Delivery: 4 weeks

Suppliers facing pressure to establish science-based targets and reduce emissions will find a valuable ally in Canopy Edge.

Canopy Edge specializes in helping organizations navigate the complexities of setting achievable, science-backed environmental goals. By partnering with Canopy Edge, suppliers can effectively meet industry demands and regulatory requirements, while positioning themselves as leaders in sustainability, ultimately benefiting their business reputation and operational efficiency.

Sustainability Strategy

Creating a Strategic Action Plan for Success

A sustainable business strategy is a set of actionable steps that a company takes to improve its impact on the community and the environment. The strategy should incorporate economic, environmental, and social factors into an organization’s policies, practices, and processes. If executed properly, the results should include progress toward Net Zero emissions reduction by 2050, employment engagement, and improving profitability.

Starting Price: $15,000
Estimated Delivery: 4 weeks

Materiality Assessments

Providing Strategic Focus to Address the Most Relevant and Impactful Issues

Materiality assessments encompass two companion concepts: Materiality, which assesses the significance of ESG issues for a company and its stakeholders, with a focus on the impacts of a company’s activities on external factors, and Double Materiality, which recognizes that sustainability issues can have material consequences for both the organization and the external environment. Materiality assessments are utilized to identify and prioritize the most relevant and impactful issues to address in terms of regulatory compliance, stakeholder interests, and community relations, in addition to highlighting key priorities for internal decision-makers, for purposes of reporting, target setting, and strategic planning.

Starting Price: $20,000
Estimated Delivery: 6 weeks

Scope 1 and 2 GHG Footprinting

Identifying Emissions Sources, Mitigating Risk, and Demonstrating Environmental Responsibility

Carbon footprinting for Scope 1 and Scope 2 is an essential business process for companies of all sizes. Scope 1 emissions are the direct emissions from owned or controlled sources. Scope 2 emissions are indirect emissions from the generation of purchased energy. The benefits of accounting for GHG emissions are to improve environmental performance, comply with regulations, drive cost savings, and share the responsibility with the supply chain. Companies may also see an enhanced reputation, increase in consumer loyalty, investor confidence, and employee engagement.

Starting Price: $25,000
Estimated Delivery: 6 weeks

Establishing a Clear Framework for Planning, Measurement, and Improvement

Scientists and other experts forecast dangerous climate conditions and humanitarian crises stemming from drought, rising sea levels, and extreme heat. The 2015 Paris Agreement commits countries to limit the global average temperature increase to well below 2°C above pre-industrial levels, and to aim for 1.5°C. Companies have a pivotal role in mitigating climate risk by setting targets and achieving them over the next two decades. Multiple target-setting methodologies exist but the most accepted approach is the Science Based Targets initiative (SBTi). Though most companies around the world are setting targets voluntarily, the European Union has mandated targets via various regulations.

Starting Price: $10,000
Estimated Delivery: 4 weeks

ESG and Sustainability Reports

A Strategic and Transparent Approach to Long-Term Sustainable Development

An effective ESG or sustainability report can boost a company’s transparency and trust, thereby cultivating stronger connections with stakeholders, and attracting socially responsible investors and customers. The development of a report is a strategic undertaking that enables companies to publicly convey their commitment to sustainability, mitigate risks, involve stakeholders, adhere to regulations, and position themselves for long-term success in a constantly evolving landscape.

Starting Price: $25,000
Estimated Delivery: 8 weeks