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Carbon Trust and CRedit360 has launched the Value Chain Manager, which uniquely brings together the combination of leading Cloud-based sustainability software with unrivalled expertise and carbon reduction data, based on a decade of Carbon Trust experience.

Value Chain Manager will help large organisations measure, manage, and reduce indirect emissions and ultimately capture the associated cost and reputational benefits of doing so.

According to Carbon Trust research, as much as 80% of a company's total carbon impact lies outside their direct operational control (ie, their Scope 3 emissions). Every tonne of carbon emitted needlessly represents a cost of between £200 and £400 per tonne to a business, based on today's energy prices.

The business case for reducing direct (Scope 1 and 2) carbon emissions is well established, with reductions of between 20-50% being achievable through proven, cost effective measures such as energy efficiency. Many companies have utilised software to help measure and report these reductions, and with a decade of experience, CRedit360 has led the market in providing such sustainability and carbon reporting solutions. To fully understand the total carbon impact of a company's operations, measurement needs to go beyond company-owned operating boundaries and reach into the broader supply and distribution chains, or Value Chain, to cover Scope 3 emissions.

In accordance with Greenhouse Gas (GHG) Protocol, Scope 3 covers reporting categories beyond the direct Scope 1 and 2 emissions of an organisation to include purchased goods and services, business travel and employee commuting. With challenges around data gathering and supplier engagement, Value Chain Manager helps a business to:

- Identify emission hotspots and cost reduction opportunities
- Categorise suppliers by carbon performance and spend
- Automatically process procurement or travel data from existing systems
- Distribute employee and supplier surveys to gather data directly from first-hand experience (primary data)
- Identify opportunities to reduce emissions, waste and cost
- Communicate performance and business improvement opportunities with interactive reporting tools.

"The Value Chain Manager, developed in collaboration with CRedit360, will totally revolutionise carbon reduction in the value chain," states John Whybrow, general manager, Software, the Carbon Trust. "Companies are increasingly seeking benefits from managing their total carbon impact, from everything they buy and sell to how their employees get to work. Value Chain Manager will help organisations unlock bottom-line and reputational benefits from addressing their broader supply chain emissions."

Mark Shields, managing director, CRedit360, comments: "This collaboration between CRedit360 and the Carbon Trust underlines our commitment to helping organisations manage the complexity of Scope 3 reporting alongside a broad range of Environmental Health and Safety, compliance and CSR information. Specialism, innovation and usability are core to the CRedit360 approach, which is why we're particularly proud of this latest initiative."