Frequently Asked Questions

Carbon Footprint

  • Why should my company measure its carbon footprint?

    In addition to meeting a common objective - that of collectively reducing our greenhouse gas emissions and thus combating climate change - there are several reasons you should carry out your own carbon assessment (Article here). Among them :
    - to satisfy the new expectations of customers (especially the younger consumers);
    - to control costs;
    - to attract investors;
    - to boost your brand image;
    - to anticipate legislative changes that are already underway.

  • How does Greenly calculate my company’s emissions?

    Greenly takes a snapshot of your direct and indirect emissions (scopes 1, 2 and 3), and then analyzes the physical and monetary flows linked to your activity. So essentially, we collect all the activity data of your company and translate this activity into greenhouse gasses. Thanks to our innovative technology, we can automate the analysis and collection of this data. To date, there are more than 100 business applications on our interface that allow us to quantify the majority of activities that generate carbon dioxide (CO2) emissions.

  • What does the Greenly platform offer?

    Greenly offers an integrated platform to manage your climate strategy from A to Z:
    - a complete, accurate, easy, and quick carbon assessment ;
    - a library of action plans and virtuous alternatives to reduce your greenhouse gas emissions;
    - a questionnaire for your employees to raise their awareness of climate issues;
    - a complete reporting tool to communicate your progress to your stakeholders on a regular basis.

  • Is it required by law to do a carbon assessment?

    Right now in the US, there are no laws that require a business to do so. Nevertheless, be aware that initiating such a process without being forced to do so by law can be highly beneficial. It shows your commitment to environmental issues, and it also protects you from greenwashing - by calculating your carbon footprint you demonstrate that you are making concrete improvements, and shows that you are transparent about your carbon emissions. In addition, regulations are expected to take place and affect companies in the coming years.

  • Is there any sort of financial help that can support my company in calculating its carbon footprint?

    Many government agencies and entities offer grants. Since February 2021, the carbon footprint of companies can be reimbursed by up to 80% by [ADEME].

Life Cycle Assessment

  • What is a Life Cycle Assessment?

    The Life Cycle Assessment is a multi-stage and multi-criteria analysis. The result allows you to measure the environmental impact generated by a product or a service throughout its life cycle from the extraction of raw materials to the end of life, passing by the stages of manufacture, use, etc.

  • Who can be concerned by the realization of an LCA?

    The realization of an LCA can be particularly interesting for :
    - public authorities;
    - scientists;
    - industrial companies.
    However, any structure offering products and/or services has the possibility to carry out an LCA.

  • Why do a Life Cycle Assessment?

    A Life Cycle Assessment is useful for:
    - identifying the environmental issues and impacts of a company;
    - developing eco-designed products;
    - comparing the environmental impact of products with those of competitors;
    - consolidating brand image and standing out from the competition.

  • How to do an LCA ?

    LCA is composed of 4 steps, which are totally interdependent:
    1. Define the scope of the study and the functional unit used;
    2. Carry out the inventory of life cycle data;
    3. Evaluate the environmental impacts;
    4. Interpret the results.

Sustainable Procurement

  • What is supplier engagement?

    Working with your suppliers is critical to the implementation of your low-carbon strategy - and to its success. It allows you to : - refine your Scope 3 emissions (which are, by definition, the hardest to estimate);
    - visualize the climate score of all your suppliers and better understand their own impact on the environment;
    - implement a responsible purchasing policy by studying the low-carbon alternatives available through our supplier directory.

  • How does Greenly engage my suppliers?

    The process consists of 4 steps:
    1. Your company sends us a list of all its suppliers;
    2. We contact them by sending them a questionnaire, the purpose of which is to evaluate the ecological performance of each supplier;
    3. The collected information is integrated into the Greenly interface;
    4. Your suppliers can start their own decarbonization process, reduce their greenhouse gas emissions and thus establish an environmentally responsible business policy.

  • How is the scoring of my suppliers done?

    More than 40 criteria are taken into consideration when evaluating your suppliers. They allow us to carry out an evaluation taking into account the specificities linked to the size of their structure and their sector of activity. A grade between A and E is then awarded and communicated via the platform. đź’» On your side, you can access all the results of your suppliers on the same platform. This allows you to:
    - Have an objective view of your partners' commitment ;
    - Identify new opportunities and low-carbon alternatives;
    - Improve your purchasing policy.

  • What about suppliers who have already measured their footprint?

    For companies that have already carried out their carbon footprint with the help of another organization, we directly retrieve the data from this assessment and, after validation of the methodology, we may refine the company's emissions using our own tools. Similarly, if the supplier has published its results officially (via the ADEME or CDP website), we automatically retrieve them and integrate them into the Greenly database.

Pricing

  • Does Greenly take physical and monetary flows into account?

    The accounting export file will allow us to obtain conversions of $ into CO2 via the ADEME emissions factors. When we have identified items with high emission factors, we will complete them with physical quantity measurements and work with more physical data from your organization.

  • What are your certifications ?

    We are certified by ADEME (French Environment and Energy Management Agency), GreenHouse Gas Protocol (global equivalent), and CDP (Carbon Disclosure Project). We are also certified by GreenTech Innovation and by the Ministry of Ecological Transition. Recently, our solution was awarded the Science Based Targets label.

  • Why does the price of a carbon assessment vary depending on the sector of activity?

    The price of a carbon assessment varies according to its level of difficulty. Some sectors of activity are more difficult to analyze than others in terms of environmental impact.

  • Has Greenly's methodology been approved by a scientific committee?

    Yes, Greenly's Scientific Council is made up of about ten people: experts in the field of climate, economists, but also members of civil society who are willing to support the organization in developing its solution.

  • Is the data provided by clients secure?

    Yes, a security insurance plan is available in our appendix. Additionally:
    - an audit (now closed) has been conducted by the CNIL (Commission Nationale de l'Informatique et des Libertés);
    - we have already been evaluated by many banking clients (BNP, RCI Bank);
    - Greenly employees are trained in security rules via the Qontrol platform

  • Does Greenly provide offsetting?

    Yes our platform provides a marketplace dedicated to offsetting.

  • Does using the platform require any technical requirement ?

    No, our platform is extremely intuitive and user-friendly and you don’t need any technical skill to use it. If any question comes up, we have an online support that is included in all our packages and except for the GHG Report Compliance package a dedicated climate expert with help you with be happy to support you. Besides, in the platform you’ll find our Greenly Academy to help you improve your knowledge about climate and carbon related topics.

  • Are there any setup fees ?

    No setup fees, no hidden costs in our packages.

SBTi

  • What are the pre-requisites to be SBTi compliant ?

    SBTi is an emissions trajectory commitment framework, rather than a framework that audits a climate strategy.
    The pre-requisites of SBTi are accomplishing a recent GHG Assessment and identifying actions to be implemented towards decarbonisation.
    To note, SBTi does an audit every 5 years to assess if the emissions trajectory is respected. Greenly is here to support its clients in designing their Emissions Trajectory and tracking progress with the Decarbonisation Pathway tool.

  • Does Greenly support its client for Net-Zero Strategy formulation?

    Net-Zero Strategy, or “Long Term Strategy”, refers to an optional, long term commitment: 90% emissions reduction by 2050 at the latest. Greenly may support its clients for this endeavour — creating the application document and crafting the mitigation strategy.

  • How long does an SBTi support mission last?

    Between 1 month for an SME and 4-6 month for a large company.

  • What is CBAM and why is it important?

    CBAM (Carbon Border Adjustment Mechanism) is a European Union regulation designed to impose a tariff on carbon-intensive imports. It aims to prevent carbon leakage and ensure that EU industries are not undercut by foreign competitors with lower environmental standards. As the carbon allowance prices increase, businesses importing high-carbon goods will face rising costs unless they take action to reduce their emissions.

  • Which industries are most affected by CBAM?

    The sectors impacted by CBAM are iron and steel, aluminium, cement, fertilizers, hydrogen, and electricity. These industries typically have high carbon emissions, and CBAM aims to ensure they face the same carbon pricing as EU producers.

  • How will CBAM affect my costs?

    The introduction of CBAM will increase the cost of importing carbon-intensive goods into the EU. For example, the price of allowances will rise significantly up to 2034, making it essential for companies to address emissions in their supply chains now.

  • How does Greenly reduce costs for my company under CBAM?

    Greenly helps businesses lower their carbon exposure and mitigate rising allowance costs by:
    Automating emissions data collection and reporting
    Engaging suppliers to reduce emissions
    Identifying alternative low-carbon options and emission reduction opportunities
    Providing insights on how to optimize your supply chain for better sustainability outcomes
    By lowering the overall carbon intensity of your supply chain, Greenly helps reduce your financial exposure to CBAM tariffs.
    Using Greenly offers both cost savings and compliance benefits. By reducing carbon emissions, businesses can lower their CBAM tariffs and achieve long-term cost efficiencies. Additionally, Greenly ensures regulatory compliance, avoiding penalties and promoting fair competition. This aligns with corporate social responsibility goals and mitigates climate-related risks.

  • Is Greenly’s platform only for CBAM compliance?

    No, Greenly is an all-in-one sustainability platform. While we excel in CBAM compliance, our platform also supports broader sustainability efforts such as GHG assessments, decarbonization strategies, and reporting for other regulations like CSRD. This means you can manage all of your sustainability needs through a single platform.

  • When should my company start using Greenly’s platform for CBAM compliance?

    It’s best to start as soon as possible. The impact of CBAM on costs will only grow over time, and starting early gives you a head start on understanding and reducing your carbon footprint. By beginning the process now, you can identify cost-saving opportunities, engage your suppliers, and ensure compliance well before the tariffs increase significantly.

  • As a declarant, how will I be impacted financially by this measure?

    As a declarant, your company will face increasing costs due to the CBAM tariffs imposed on carbon-intensive imports. The price of allowances will rise over time, and by 2034, your costs could significantly increase—potentially as much as 400 euros per ton for certain imports. If you fail to reduce the carbon intensity of your supply chain, you will be forced to pay higher allowances, leading to a greater financial burden.

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