Net-Zeroing the World

The only way to get to Net-Zero is to eliminate Scope 3 emissions. Addressing Scope 3 emissions, addresses all three Scopes at the same time because one company’s Scope 3 emissions is another company’s Scopes 1 and 2 emissions.

Technology Providing

Developing accounting software to help companies quantify and file Scope 3 emissions to the hard-to-abate sectors. Leveraging partnerships with satellite agencies in tandem with access to your company’s supply chain data, the software will analyze your emissions of carbon, methane, and nitrous oxide.

What We Do

Bring accountability to Scope 3 emissions for the 100 companies responsible for over 70% of global emissions.

How It Works

A hybrid approach leveraging satellite imagery and activity-based data produces a more complete and accurate estimate of GHG emissions and sinks.

When it Launches

Winter 2024

Benefits of Software

“What gets measured, gets managed.” – Peter Drucker, management guru

Having an accurate estimate of carbon, methane, and nitrous oxide emissions, heavy-emitting companies can better deploy mitigation strategies, such as, direct air capture for enhanced oil recovery, to reap the financial benefits of the Inflation Reduction Act’s (IRA) 45Q tax incentive and avoid penalties associated with excess emissions. Also, from 2024 onward, heavy-emitting companies with Scope 3 emissions accounting for greater than 40% of its GHG footprint will be required to report to the SEC. This tailor-made software will do the analysis and filing for you.

Methodology

To get accurate emission readings at the asset-level, only a hybrid-approach that incorporates a top-down approach with remote sensing and a bottom-up approach underpinned by emission-factor based methods can account for large, stochastic carbon, methane, and nitrous oxide emissions.

Remote sensing can provide on-site, primary data inputs to Oil Production Greenhouse Gas Emissions Estimator (OPGEE) for upstream emissions and the Petroleum Refinery Life-Cycle Inventory Model (PRELIM) for midstream emissions, two underlying models provided by Oil Climate Index + Gas (OCi+).

The Scopes platform can bring transparency to emission-intensive sectors at scale and to companies currently underreporting or self-reporting. Accuracy can empower shareholders and stakeholders to pinpoint net-zero efforts for maximal impact.

Industries Serving

Oil & Gas

Upstream production, refining throughput, and petroleum product sales of natural gas and crude oil

Utilities

Carbon produced from electricity purchased to power the grid and fuel purchased for power stations and methane from fuel purchased for gas distribution systems and downstream emissions from consumption of sales gas by natural gas customers

Mining

Fugitive methane emissions from upstream production of fuels used in the mining operations and downstream smelting, refining, and manufacturing processes utilizing the mined ore

Agriculture & Food and Beverage

Carbon dioxide, methane, and nitrous oxide emissions from crop production, animal feed, cattle belching, packaging, etc.

Forestry

CO2e from harvesting, road construction, ocean freight, and silviculture

Chemicals

CO2e from purchased goods and services, fuel and energy related activities, upstream transportation & distribution, and processing of sold products.

Crypto Assets

Think Coinbase – Carbon intensity from Bitcoin miners’ Proof-of- Work and Ethereum’s Proofof-Stake Consensus Mechanisms

Government Agencies

Think Palantir and Microsoft Azure B2G Emissions Accounting– Not Scope 3, but using satellite imagery to predict and analyze carbon dioxide and methane emissions from wildfires

Textiles

Textile production contributes to environmental degradation through water pollution, excessive resource consumption, and the release of harmful chemicals into the ecosystem.

Manufacturing

Manufacturing processes can contribute to environmental degradation through resource consumption, pollution, and greenhouse gas emissions, impacting the Earth's ecosystems and climate.

Data Centers

Data centers, while essential for our digital age, can have a significant environmental impact due to their high energy consumption and carbon emissions.

Restaurants And Beverages

Restaurants and beverages can impact the Earth through their energy consumption, waste generation, and carbon emissions, influencing climate change and resource depletion.

Coal

Coal contributes to environmental degradation by releasing greenhouse gases when burned, leading to climate change and air pollution.

Steel

The production and use of steel contribute to environmental impacts such as carbon emissions, resource depletion, and habitat destruction, which can affect the Earth's ecosystems.

Transportation

Transportation contributes to environmental issues such as air pollution and carbon emissions, impacting the Earth's climate and overall ecosystem health.

History

September 2023

Speaker at Tech Summit on Big Data, Data Science & Machine Learning Austin, Texas

August 2023

Filed to become a Delaware C-Corp

March 2023

Event Sponsor – Tech Summit on Artificial Intelligence & Robotics Tokyo, Japan

December 2022

Speaker at the Caribbean Energy, Oil & Gas Summit (CEOGS) Port of Spain, Trinidad & Tobago

October 2022

Presented at London Climate Technology Show

July 2022

Idea for company started

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