Carbon accounting can be a time-consuming and complex task, but with the right tools, it doesn't have to be. Avarni is a powerful, user-friendly carbon management platform that simplifies the process of carbon accounting. In this article, we’ll share the five reasons why Avarni is better than a traditional carbon accounting spreadsheet when it comes to tracking your emissions and identifying hotspots in your supply chain.
Before we jump into the ways that Avarni is better than a carbon accounting spreadsheet, let’s quickly review how emissions are typically measured:
Avarni combines both activity-based and spend-based data in its carbon emissions analysis, providing a comprehensive view of your carbon footprint, and allowing you to quickly identify hotspots in your supply chain and begin to take appropriate action.
Now that we’ve reviewed how Avarni calculates carbon emissions, let’s review how it does it better than a spreadsheet:
Traditionally, companies have used spreadsheet-based approaches to identify and manage their carbon emissions. This typically involves manually entering data into an Excel spreadsheet and running calculations to generate reports. While this method is relatively low-cost, it is a time-consuming exercise. Furthermore, it provides a limited view of an organization's emissions, and is not as secure or reliable as a software-based solution such as Avarni.
Avarni simplifies the process of data entry in a few ways:
Avarni’s comprehensive calculation methodology and data collation from your supply chain ensures that all 15 categories within Scope 3 emissions are identified. All emissions calculations are done automatically, eliminating the need to manually calculate data or create complex (and potentially error-prone) formulas within a carbon accounting spreadsheet. From there, you can easily create detailed emissions reports for all your stakeholders, and export data for reporting purposes under standards and frameworks such as CDP, GHG Protocol, GRI and TCFD. In addition, you can publish your carbon emissions report on a hosted webpage for full transparency. These automated reporting features can provide significant time and cost savings for your organization. Our customers have reported that, on average, Avarni reduces the time they spend on manual emissions tracking by 93% and cost by 305%.
Avarni's UI is designed to be intuitive and user-friendly, so you can quickly and easily understand your organization’s emissions data. You can easily drill down into your emissions data by scope, category, emissions, country, or supplier. And with powerful visualizations such as pie charts, bar charts, and line graphs, you can gain valuable insights into your emissions data and make informed decisions in regards to your decarbonization plans.
Unlike a carbon accounting spreadsheet, Avarni makes it easy to forecast what your future emissions will look like under an unlimited number of different models. Avarni's AI-powered forecasting allows you to calculate and compare the future emissions of your supply chain under various scenarios. You can set hypothetical vendor SBTis, or add parameters for a renewable energy transition in a particular geography, and understand the financial cost of each scenario by setting carbon prices. AI-powered forecasting also ensures that vendor SBTis are automatically included in the base scenario, saving you time and effort. This powerful feature allows you to compare the carbon performance of suppliers in the same categories to each other, and create a carbon reduction plan that aligns your suppliers' targets with your own net zero targets.
Your value chain’s carbon footprint is constantly changing. With each vendor reporting various results and targets throughout the year, it can be difficult to stay ahead of the data and to understand what it means for your organization. Avarni's AI-driven web crawler makes collecting sustainability information about any company effortless. Avarni provides a live news feed of the sustainability initiatives of your largest suppliers, automatically collecting SBTis, reported emissions, and key sentences on topics such as net zero, ESG, etc. This reduces the need for manual research, and helps you quickly review and guide the emissions targets of your vendors, customers and competitors.
Avarni replaces the traditional carbon accounting spreadsheet, enabling users to collaborate with each other and greatly improving the process of emissions management. It provides you with a range of powerful features such as streamlined data entry, automated emissions calculations and reporting, visualizations, forecasting, and research and analysis tools that can save time and effort and accelerate your organization’s decarbonization journey.
Get in touch today to learn more about Avarni and how we can help with your carbon accounting and emissions management.