Replace cumbersome hardware analyzes with lower-cost, zero maintenance software
Carbon Accounting
Account for your carbon footprint across scope 1, 2 and 3 emissions using activity data across your value chain
Reporting and disclosure
Generate ESG reports according to any global or national framework in seconds
Reduction roadmap
Take steps to reduce your carbon footprint with insights from our expert consultants and AI systems
Reduction progress tracking
Track the ROI of your decarbonization investments with real-time emissions data
Energy
Case Study
Energy Transition Company
Overview
A large oil and gas company needed help tracking their carbon footprint as they transition to renewable energy projects with a granular level of detail.
Needs
They needed to streamline data for emissions to answer to their investors. However, they were currently using spreadsheets and hardcopies to keep track of disparate and discontinuous emissions data, which was inadequate to quantify decarbonization progress.
Solution
Veridis was implemented to keep track of their emissions profile before, during and after their energy transition journey. As they began new projects and processes, Veridis was able to help them visualize the impact of their transition, thus demonstrating results to investors and stakeholders.
Results
Performance tracking and compliance reporting of greenhouse gases based on the GHG protocol, for all scopes including 9 out of 15 Scope 3 categories
Covered activities ranging from renewable and non-renewable energy plant operations and accounting activities of over 250+ employees.
Aligned reporting and disclosure of data insights with major ESG and Sustainability frameworks
Ran various forecast models under IEA and IPCC Scenarios to project environmental impact and course correct