GREEN UPSTREAM


ENGAGEMENT


SOLUTION

G.U.E.S. - GREEN UPSTREAM ENGAGEMENT SOLUTION

GUES is an innovative platform helping companies in managing Scope 1, 2 and 3 emissions (calculation & reporting), evaluating suppliers and customers based on the green index, allocating carbon emissions on final products and services (E-liabilities), and finally, reducing carbon emissions and associated costs.



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GUES HELPS COMPANIES ADRESS THE FOLLOWING CHALLENGES

1

Compliance w/ GHG Emissions

Data collection from internal and external sources. Calculation of carbon emissions in Scope 1, 2 and 3, complying with legal requirements. Generation of compliance reports.

2

Scope 3 emissions particular challenges (third parties - suppliers & clients)

  • Covering all relevant areas
  • Data (un)availability
  • Calculation and estimations
  • Emissions redundancy

Long term: Controlling Framework for Emissions

  • Planning / Goal setting
  • Monitoring
  • Non-financial Accounting
  • Optimizing

KEY FUNCTIONALITIES

1.

Data capturing
required for calculation of Scope 1,2 and 3 emission

2.

Accounting
of emissions & allocation to individual outputs (E-liabilities*)

3.

Standardization and benchmarking
the new Suppliers’ Green Index

4.

Emissions optimization scenarios
using A.I. & M.L.

HOW DOES IT WORK?


GUES is a cloud-based solution, but customized local implementations can be provided upon request.
  1. 1. Create a company account & pay the annual fee
  2. 2. Set-up internal and external users (third parties – suppliers, clients)
  3. 3. Input data, as guided by the app wizard and start using the app!
  4. 4. Contact us for desired customizations (i.e., local hosting, integration with legacy systems for data capturing) *Optional

CONCEPTUAL AND DIGITAL INNOVATION

Blockchain

Blockchain technology to ensure data traceability & transparency.


E-liabilities Accounting System

cross value chain, to assign emissions to individual outputs

Green Index

A new measurement for green performance benchmarking.


A.I. & M.L.

Artificial Intelligence & Machine Learning to identify optimization scenarios.


GUES Project benefits from a €120,000 grant from Iceland, Liechtenstein and Norway through the EEA Grants. The aim of the project is to provide companies with a powerful carbon emission accounting tool, for the reporting and management of carbon emissions in Scope 1, 2 and 3 (throughout the complete value chain).


The EEA and Norway Grants represent the contribution of Iceland, Liechtenstein and Norway towards a green, competitive and inclusive Europe.


There are two overall objectives: reduction of economic and social disparities in Europe, and to strengthen bilateral relations between the donor countries and 15 EU countries in Central and Southern Europe and the Baltics. The three donor countries cooperate closely with the EU through the Agreement on the European Economic Area (EEA). The donors have provided €3.3 billion through consecutive grant schemes between 1994 and 2014.


For the period 2014-2021, the EEA and Norway Grants amount to €2.8 billion. The priorities for this period are:


#1 Innovation, Research, Education and Competitiveness

#2 Social Inclusion, Youth Employment and Poverty Reduction

#3 Environment, Energy, Climate Change and Low Carbon Economy

#4 Culture, Civil Society, Good Governance and Fundamental Rights

#5 Justice and Home Affairs


Eligibility for the Grants mirror the criteria set for the EU Cohesion Fund aimed at member countries where the Gross National Income (GNI) per inhabitant is less than 90% of the EU average.


The EEA and Norway Grants scheme consists of two financial mechanisms. The EEA Grants are jointly financed by Iceland, Liechtenstein and Norway, whose contributions are based on their GDP. Norway Grants are financed solely by Norway.


More information at: www.eeagrants.romania and www.norwaygrants.romania