A standardized data collection tool for sustainability reporting of Scope 3 emissions (Eco-E)

Group Members

Lawrence Angelo (Rence) Balitaan , Jacob (Jake) Cosmo , Jacques Rebibo , Chelsea Sanford

Faculty Advisors

Charles Kolstad , Kyle Meng , Emily Cotter

Woman holding a tablet with statistics data on the screen

Description

Recent climate legislation, like the Securities and Exchange Commission's Climate Disclosure Rule and the state of California’s SB-253, marks a shift from voluntary to mandatory carbon emissions reporting in the United States. Many businesses impacted by these regulations lack robust sustainability teams and must rely on third-party consultants or emerging ESG software in order to ensure regulatory compliance. Even with this help, businesses struggle to collect timely and accurate operational data from their suppliers, which is necessary for creating an inventory of a company’s entire carbon footprint. ScopeWise addresses this challenge by improving carbon footprint data connectivity through an emissions-sharing workspace between businesses and their suppliers.