How Technology is Changing the Carbon Game for Food & Beverage Brands

In the dynamic world of Food and Beverage (F&B) brands, sustainability has transitioned from a mere buzzword to an essential aspect of business operations. This transformation begins at the source, focusing on creating products with sustainability in mind. Advanced technology now simplifies this process, enabling brands to make sustainable choices from the start and transform existing products by optimizing sourcing, ingredients, packaging, and transportation for sustainability.

One of the most significant advancements is in carbon accounting technology for the entire value chain. With consumers, regulators and other stakeholders demanding greater transparency and accountability, platforms like CarbonOne are revolutionizing how F&B companies measure, report, and reduce their carbon footprints. The technology not only changes the game of carbon accounting, it also provides the right intelligence to accelerate reporting and reduction efforts, making the process not only simpler but also more effective at a fraction of the cost.

Traditionally, carbon accounting and reporting has been a complex, time-consuming, and expensive process, often requiring specialized expertise and substantial resources. This is particularly true for Scope 3 emissions, which include indirect emissions that occur in a company’s value chain and often represent the largest portion of a company’s total carbon footprint.

CarbonOne, a next-generation carbon intelligence platform, streamlines this process. It enables any F&B brand to quickly measure and understand its carbon footprint, share it with stakeholders, and accelerate Net Zero reduction efforts. The platform leverages integrated technology solutions coupled with advanced algorithms fed by a comprehensive database of emission factors. The technology also follows required International Carbon Accounting Protocols to provide precise measurements across all three scopes, delivering a high level of accuracy with no previous knowledge or experience required.

Data Accuracy

One of the key benefits of CarbonOne is its ability to measure carbon footprints with high accuracy. This is driven through the use of the best quality emission factor data from across the globe. Data is extensively and continually curated from multiple reputable sources, keeping footprints up-to-date with high accuracy which typically translates into a lower footprint.

CarbonOne's Data Quality Rating (DQR) system evaluates each data point based on completeness, geography, reliability, technology, and time, identifying and addressing any gaps or inconsistencies to provide precise and auditable reports.

Streamlined Reporting and Compliance

Compliance with international standards and regulatory requirements is crucial for F&B companies. CarbonOne is simplifying this process by generating reports that meet these standards in a clear, concise, and shareable format. This not only facilitates stakeholder communication but also ensures preparedness for audits and regulatory scrutiny. By automating the reporting process, CarbonOne reduces the administrative burden on companies, allowing them to focus on strategic initiatives and continuous improvement.

Accelerating Reductions

Beyond measurement and reporting, CarbonOne's ultimate goal is to help companies reduce their carbon emissions. The platform empowers businesses to set science-based targets and track their progress towards Net Zero. By providing insights into cost reduction opportunities and enabling scenario analysis, CarbonOne helps companies develop and implement effective carbon reduction strategies. These strategies often include energy efficiency improvements, product development and supply chain optimization.

The Future of Carbon Accounting and Reporting in Food & Beverage

With regulatory frameworks quickly developing and stakeholders continuing to prioritize sustainability, the importance of accurate, efficient carbon accounting and reporting has become urgent. At CarbonOne, we believe our platform is not just a tool but an essential partner in the journey towards a sustainable future. We enable F&B companies to transform complex science and data into actionable insights, driving meaningful environmental impact while ensuring long-term business viability in a fast and cost-efficient manner. The integration of emerging technologies, such as artificial intelligence and blockchain, holds the promise of further enhancing the accuracy, transparency, and trustworthiness of carbon accounting and reporting.

As we look to the future, CarbonOne remains committed to innovation and collaboration, helping companies achieve their business goals while contributing to a healthier planet and future.

‍

Continue Reading

Free Resource Toolkit

Reason #5 Why Canadian Companies Need to Measure Carbon Emissions Starting 2024

Reason #4 Why Canadian Companies Need to Measure Carbon Emissions Starting in 2024

Reason #3 Why Canadian Companies Need to Measure Carbon Emissions Starting in 2024

How Technology is Changing the Carbon Game for Food & Beverage Brands

Continue Reading

Quick Links

Gain Access to News + Insights
Signup to receive information, updates, reports and thought leadership about sustainability and the carbon reporting industry.

How Technology is Changing the Carbon Game for Food & Beverage Brands

Continue Reading

Quick Links

Gain Access to News + InsightsSignup to receive information, updates, reports and thought leadership about sustainability and the carbon reporting industry.

Gain Access to News + Insights
Signup to receive information, updates, reports and thought leadership about sustainability and the carbon reporting industry.