Pioneering Sustainability: Benchmark Gensuite's Decarbonization Solutions for a Net Zero Future 

In a world increasingly aware of its environmental impact, decarbonization has emerged as a mandate for businesses across the globe. As regulatory and stakeholder demands increase, companies like yours are recognizing the urgency of reducing carbon emissions and adopting sustainable practices to pave the way for a more environmentally conscious future.  

At Benchmark Gensuite, we understand that the path to Net Zero is a journey worth embarking upon, and our Sustainability & Climate Suite is your trusted companion on this transformational voyage. 

What are the benefits of decarbonizing your business? 

For businesses, decarbonizing is not just about doing right for the world but can also have impacts on the long-term profitability of the organization. Businesses have embarked on transition plans to help their organizations in the following ways: 

• Compliance: Regulations like the CSRD are forcing companies to disclose transition plans and highlight areas of climate-related transition risk. This means companies must show their exposure to issues such as carbon pricing or emissions-related reputational risk. A poor transition plan can show investors that a company is not prepared to manage climate-related risks and can increase their cost of capital. 
• Cost Savings: When companies begin assessing the ROI for different projects within their transition plan, it’s common to find projects that will save the company money in the long term, even while including interest expenses. With advantageous lending rates available within a Green Bond, a transition plan can help secure project finance to deploy these cost-saving solutions faster. 
• Customers: Many companies are looking to reduce Scope 3 emissions, comply with due diligence regulations like the CSDDD, or build their own transition plan that involves working with suppliers with net zero targets. All of these organizations will be looking at their own allocated emissions from your organization and what steps you are taking to reduce them. A quality transition plan can help you win more customers and keep your existing customers happier. 

Elevate Your Sustainability Performance 

Embracing Net Zero strategies is crucial in mitigating climate-related risk, identifying climate-related opportunities, and demonstrating quality governance in frameworks like the TCFD and CDP Climate Change disclosures. Benchmark Gensuite’s Sustainability solution suite empowers your organization to operationalize a Net Zero strategy effectively. 

Benchmark Gensuite has become the partner of choice for over 350 global subscriber companies, including 20% of the Fortune 500, and boasts over 3 million users across 35 industries. Our comprehensive suite of sustainability tools simplifies and automates operational sustainability footprint tracking, including Scope 1, 2, and 3 GHG emissions, energy, waste, and water. It also helps you determine the best strategies for sustainability and improvement opportunities for your organization. 

John Novotny, Director of Global Environment & Sustainability at Corning, affirms, “Benchmark Gensuite has been our single source solution for not only EHS management but also for environmental sustainability metrics tracking as Corning reports out to several groups, including CDP.” 

The Benefits of Benchmark Gensuite’s Sustainability Software 

Four key aspects of our sustainability solutions provide you with a range of benefits: 

• Automated: Simplify tracking with automated environmental data capture and emissions reporting. 
• Comprehensive: Streamlined workflows for environmental footprint tracking, project evaluation, and impact assessment toward sustainability targets. 
• Audit-Ready: Maintain a detailed record of sustainability data that satisfies third-party and regulatory auditing requirements. 
• Intelligent: Enable data-driven decisions to influence your sustainability performance.
   

Our Four-Step Approach to Net Zero: 

1. Establish a Baseline of GHG Emissions:

• Use Benchmark Sustainability Reporting to manage a comprehensive GHG Inventory across Scopes 1, 2, and 3. 
• Project a “Business as Usual” scenario using the current emission trajectory. 
• Automate data collection and validation, relieving the burden from site teams. 

2. Set Targets:

• Employ Benchmark Goal Manager to simplify target setting at the enterprise and site levels. 
• Establish year-over-year reduction targets for long-term and near-term goals. 

3. Create a Net Zero | Decarbonization Plan:

• Utilize Benchmark Sustainability Prospector, Sustainability Projects, and Credit Manager to identify and evaluate potential emission reduction projects with estimated costs and benefits potential. 
• Build your near-term reduction strategy by comparing projects based on the greatest emissions abatement for the lowest cost. 
• Allocate carbon credits to offset residual emissions. 

4. Track, Disclose & Communicate Progress:

• Rely on Benchmark Dashboards & Analytics to track actual emission reductions associated with individual emission reduction projects and visualize progress toward goals. 
• Update year-over-year reductions needed to hit targets over time. 
• Streamline roll-up and stakeholder engagement and communication.
   

A business that prioritizes sustainability is no longer optional. It’s a necessity. Benchmark Gensuite is your strategic partner for embracing decarbonization and achieving a Net Zero future. Our digital solutions, coupled with your commitment, will steer your organization towards a greener, more sustainable, and profitable future.

Let’s embark on this journey together and be the change-makers our world so desperately needs. Join the sustainability movement with Benchmark Gensuite and shape a brighter tomorrow. Learn more about our sustainability solutions or request a demo today!