The carbon rating tool

Be a carbon visionary

Companies are encouraged to decarbonise to the extent possible. The remaining “residual emissions” are whatever emissions they emit to be able to operate - and that’s what we rate. 

Our ratings take into account the following themes:

  1. Transparency - Have they disclosed all of their data? Has it been verified externally?

  2. Carbon offsetting - How much of their emissions have been offset? What type of carbon credits?

  3. Financial capacity - Does the progress they’ve made match what they’re financial capable of achieving, or could they do more?

Please note our tool shows a maximum of 40 companies at any one time.

Rating


A

All residual emissions offset. Excellent transparency.


B

At least 50% of residual emissions offset, companies with high financial ability are excluded from this category as this should, arguably, enable them to offset more. Good transparency.

To improve further, ensure carbon credits are of a high quality and disclose all relevant information relating to the carbon credits that have been retired/cancelled.


C

Core* residual emissions offset. Good transparency.

D

At least 50% of core* residual emissions offset. Companies with high financial ability are excluded from this category as this should, arguably, enable them to offset more. Good transparency.

Minimal to no residual emissions offset. Poor transparency.

Next steps

Companies with high financial ability are excluded from this category as this should, arguably, enable them to offset more.

Reduce residual emissions by decarbonising and begin offsetting Scope 3 emissions. 


E

Reduce residual emissions by decarbonising and focus on offsetting all core residual emissions. Focus on improving transparency .


Focus on improving transparency - disclose all required information and get external verification. Reduce residual emissions by decarbonising and begin to offset them.



F

Little to no disclosure.

Focus on improving transparency - disclose all required information and get external verification. Reduce residual emissions by decarbonising.

*Core residual emissions include:

  • Direct emissions (Scope 1)

  • Indirect emissions (Scope 2)

  • Limited part of value chain emissions (Scope 3 - Business travel + Scope 3 -Employee commuting)

Unlike Total residual emissions, they do not include the vast majority of Scope 3 emissions.