You can start collecting data about the carbon footprint your company accumulates by enabling the carbon emissions tracking option in Payhawk. As a result, the Payhawk accountants and administrators will be able to export the carbon emissions report on demand for any given period.
To provide accurate information about the carbon emissions associated with your company card spend, Payhawk partners with Lune. Lune is a leading environmental data analytics company, which provides CO2 estimates that are calculated based on The Greenhouse Gas Protocol (GHG Protocol).
For more information on tracking environmental, social, and corporate governance (ESG) data from suppliers and from your global company spend, see the articles about configuring additional supplier fields and custom expense fields at Payhawk.
Benefits
Fill the gaps in supporting your environmental, social, and corporate governance initiatives with Payhawk Green by gathering the right data for scope 3 emissions around spend.
Identify areas for improvement in your supply chain by tagging suppliers based on your sustainability criteria.
Prepare for climate regulations with automatic carbon footprint estimates on all card transactions, which are calculated based on leading international guidelines.
Specifics
The carbon emissions report is only visible in the On-demand export dialog if it has been first enabled from the Settings app.
The carbon emissions report doesn't show historical data, meaning that it will generate data from the moment of the report enablement onwards.
By default, the carbon emissions report includes carbon emissions associated with card transactions and lists that data per card expense.
You can customize your carbon emissions report and collect supplier data related to ESG or collect ESG data on all company spend.
Enabling the company's carbon footprint tracking
To enable the tracking of the carbon footprint your company has accumulated:
In the Payhawk web portal, go to Settings > Carbon emissions.
Switch on the Carbon emissions tracking option by toggling the button.
