E

Environment

Get control of your E-data

For small and medium-sized enterprises (SMEs), the environmental key figures are prepared in accordance with the VSME standard. VSME (Voluntary Sustainability Reporting Standard for non-listed Micro, Small, and Medium-sized Enterprises) is designed for SMEs to make it easier to manage data requests from business partners, investors, and banks.

According to the VSME standard, you should report on the following environmental areas:

1. Climate Change

  • Greenhouse gas emissions (Scope 1, 2, and 3)
  • Energy efficiency (renewable and non-renewable energy)
 

2. Resource Management

  • Water withdrawal and consumption
  • Waste management and recycling rates
  • Transportation
  • Procurement and handling of sold products

 

3. Biodiversity and Ecosystems

  • Location of business activities near protected natural areas

 

4. Environmental Pollution

  • Emissions of pollutants to air, water, and soil

Use Klima­kompasset to calculate E-data

We recommend that you collect E-data using tools provided or endorsed by your national authority. These tools are typically aligned with the Greenhouse Gas (GHG) Protocol – the international standard for measuring and reporting corporate carbon emissions (Scope 1, 2 and 3).

Once your company’s data has been calculated, you can easily transfer the results to ESG365 to continue working on your ESG report.

You can find an overview of the tools recommended by different national authorities in the EFRAG guidance attached below.

Klimakompasset

Dive deeper into your E-data

The compilation of your E-data is a central element of your ESG report, but data should not stand alone. With ESG365, you can complement your data with descriptions that provide context and value. The content naturally depends on your results, but you could, for example, describe:

CO2 emissions

  • How is the company’s CO2 emissions distributed across Scope 1, 2, and 3?
  • Have there been any changes in CO2 emissions, positive or negative?
  • What caused the change in emissions?
  • How do you expect the company’s CO2 emissions to develop in the future?

Water consumption

  • What does the company’s water consumption report show?
  • Have there been any changes in consumption – and what caused these changes?
  • How do you expect the company’s water consumption to develop in the future?

Energy consumption​

  • What does the company’s energy consumption report show?
  • Have there been any changes in consumption – and what caused these changes?
  • How do you expect the company’s energy consumption to develop in the future?
  • Have any initiatives been implemented to reduce energy consumption?

Waste management

  • What does the company’s waste management report show?
  • Have there been any changes in waste generation – and what caused these changes?
  • How do you expect the company’s waste management to develop in the future?

 

Source: Virksomhedsguiden.dk