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Create as a medium-sized company your science-driven and CSRD-compliant Climate Footprint report with minimal effort. And align your strategy as close to 1.5°C as possible with a temperature KPI.
The climate crisis is becoming ever more present. All actors must act NOW. Companies must produce more sustainably. And ALL OF US (from companies to end consumers) need to consume more consciously and moderately - this is often underestimated.
Only with this interaction we can still achieve the Net Zero Transformation in time and limit global warming to 1.5°C. Therefore, we help companies AND consumers.
Here you will find our video "eco.income - Climate Footprint management for a bright future" The video is provided by YouTube. To view the video, you must accept the cookies from external media:
Our index is a world-leading index solution for calculating the entire climate impact of our purchases and consumption based on payment transactions. The underlying calculation method is science-driven and verified by TÜV Rheinland. Our calculations and reporting for companies are furthermore in compliance with the international GHG protocol standard.
The special feature: we use - not territorial-based accounting (TBA), but - consumption-based accounting (CBA) and allocate GHG emissions globally across borders to those who demand them. In this way, we take into account the fact that GHG emissions that occur elsewhere in the world but are demanded and consumed in Germany e.g. (embedded in imported products and goods), are also included in the emission factors in Germany according to their cause. For this we use the most sophisticated methods and databases. We use a hybrid model of input-output analysis and life cycle assessment to generate our index: the GHG intensities (kg CO2e / unit of currency) for 40+ spend categories, for 40+ countries. We map the index to the suppliers or the required category tree of our customers.
The hybrid model - in a little more detail In the top-down approach, we use Environmentally-extended Multi-regional Input Output Analysis (EE-MRIOA), in combination with the leading database EXIOBASE. With this, we determine the average GHG intensities per country per category using CBA logic. Here, we analyze a country's economy by economic sector and product group as part of the complex global trade. We take into account 1) ALL global financial flows and GHG emissions associated with the production and trade of goods and purchase of services across borders, 2) in a consistent manner (harmonized raw data in Exiobase), and 3) finally allocate with Input Output Analysis the financial and GHG flows along the production and supply chains to the final procurement and consumption of economic agents.
In the bottom-up approach, we use a life cycle assessment (LCA) logic. We use this for direct GHG emissions, e.g. from the combustion of gasoline in cars or natural gas in businesses/households, since they are not included in the input-output databases. And especially for determining the expression of habit modifiers, to distinguish from averages (e.g. "sometimes sustainable" in the category electronics ). This makes the calculations more accurate without going on product level. But we also go on product level if needed. We can replace average GHG intensities with specific ones by looking at invoices from our B2B customers and using GHG factors from leading "botton-up" databases such as ecoinvent for the products and services listed there.
Extrapolation, updates, benchmarking Our model is based on a complex, non-linear, weighted chain of extrapolations, which means that we do not rely solely on the publication of new data and provide updated GHG intensities annually. To ensure quality, we regularly benchmark our model at the micro level, i.e. we compare our category-based calculations to actual product-level results. In addition, we perform macro-level benchmarking, i.e. we scale our index to national GHG emissions - with national expenditures - and compare it to official sources such as the European Environment Agency (EEA).
Take a look at our beginnings
In 2020 we laid the methodological foundation for consumption-based accounting with a master thesis. We will be happy to send you an excerpt (in German).
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