Calculating businesses’ carbon footprint could be done now efficiently and for free. The Business Carbon Calculator is a new tool launched in March 2022, that aims to help small to medium sized enterprises (SMEs) to track and reduce emissions.
After calculating the company’s emissions, the tool finds quick high impact actions that it could use right away to reduce emissions. The calculator solves a problem many SMEs have – they want to act now on climate change but they simply don’t know what to do and how to act on making the change.
The calculator is targeted at SMEs as they make up 90% of global business and are the foundation of the world’s value chains, therefore, any changes they make to cut emissions have a mountful impact on climate change.
“We need to act now. The climate will not wait for us to be ready… This new tool is our second step towards engaging value chains across the world, and we will continue to develop and push our technology to help businesses take climate action,” said Kristian Rönn, CEO and co-founder of Normative, the world’s first carbon emission accounting engine – the data and software provider for the UN-backed SME Climate Hub.
The calculator works as first it requires businesses to create a profile. They need to add basic information about the size, sector, and market. They also need to put in more details like electricity, heating and fuel use, as well as how much they spend on travel, computers, or furniture.
Then, they see a personalized dashboard with a detailed breakdown of their calculated current emissions, and how to continue with the carbon reduction journey.
The Business Carbon Calculator is launched by Normative with support from Google.org. It is one of the free tools provided by SME Climate Hub. SME Climate Hub is a joint initiative by We Mean Business Coalition, the Exponential Roadmap Initiative, the United Nations Race to Zero campaign, Normative and the Net Zero team at Oxford University.
Its goal is to empower small to medium sized companies to take climate action and build resilient businesses for the future.