Corporate Carbon Budget with PredictX
PredictX’s Sustainability module allows for more accurate and granular calculations of CO2 emissions.
This module is designed to meet both current and future sustainability reporting needs, ensuring that you can include necessary calculations as required, either by importing the calculation logic into PredictX or through connectivity with a dedicated CO2 reporting database
Why is CO2 tracking & budgeting important?
To accurately measure and report CO2 emissions from corporate travel, companies need both accurate measurements of the amount and characteristics of travel, and a resilient model to transform travel into emissions.
For companies with significant operations inside the EU, this will become even more complicated, as the Corporate Sustainability Reporting Directive comes into effect.
Increasingly, many companies are also adopting carbon budgets or other approaches to manage demand for travel.
What are the challenges in conducting CO2 tracking & budgeting?
Complexity of Collecting Data:
Complexity of Calculating data:
Data Integration:
System Implementation:
Setting Target:
FAQs
Explore some of the frequently asked questions about corporate carbon budgeting and tracking
PredictX’s Sustainability module allows for more accurate and granular calculations of CO2 emissions. This module is designed to meet both current and future sustainability reporting needs, ensuring that you can include necessary calculations as required, either by importing the calculation logic into PredictX or through connectivity with a dedicated CO2 reporting database.
PredictX's sustainability management module enables reporting from a range of travel categories. The module provides true distance calculations based on actual flight paths and granular CO2 calculations from actual aircraft type and schedules. This ensures that the CO2 emissions are calculated with high precision.
Yes, carbon emissions tracking and modeling are fully integrated into PredictX’s Simulation Engine. This allows you to model the carbon impact of future simulated behavior, helping you to plan and make decisions that align with your sustainability goals.
CO2 emissions numbers are calculated at a transactional level and - once made available through the Sustainability module - are available for inclusion in any PredictX report, including automatic reports. This data benefits from the validation and integration inherent to all PredictX applications, ensuring accuracy and reliability.
PredictX is capable of aggregating CO2 data based on provided specifications and can provide outputs via or . Additionally, PredictX always supports manual export of data to ensure seamless integration with your existing reporting tools and workflows.
PredictX is committed to continuous improvement, reinvesting a significant portion of revenue into R&D activities. This dedication ensures that PredictX is meeting not only today's best practices but also preparing for tomorrow's, in line with the philosophy of continuous improvement and innovation.