Calculating and saving CO2 emissions with the Volteum Electric Fleet Planner

May 22, 2024 · 6 min read · blog

In today’s corporate landscape, sustainability is no longer just a buzzword but a critical component of business strategy. As companies struggle to reduce their carbon footprint, sustainability leaders and managers face the daunting task of managing emissions across various scopes.

In this blog post, we explore the role of the Volteum Electric Fleet Planner in helping corporations reduce transportation-related emissions, offering a practical solution for optimizing fleet operations and advancing sustainability goals.

The importance of CO2 emission reduction in corporate sustainability

CO2 emissions significantly contribute to climate change, making their reduction a top priority for corporations worldwide. As businesses increasingly integrate sustainability into their core strategies, the role of sustainability managers becomes crucial in tracking and reporting these efforts. Accurate measurements and reporting of CO2 emission reductions are essential for meeting corporate sustainability goals and enhancing stakeholder trust. However, to effectively manage and reduce these emissions, it is essential to understand the distinction between Scope 1, 2, and 3 emissions. Let’s summarize them shortly.

Explanation of Scope 1, 2, and 3 emissions

Scope 1, 2, and 3 emissions are categories used to account for the different types of greenhouse gas (GHG) emissions a company produces. Understanding these scopes can help frame how the Electric Fleet Planner contributes to reducing these emissions. Here’s a brief explanation of each scope and how they connect to the topic:

  1. Scope 1 emissions:
    • Definition: Direct GHG emissions from sources that are owned or controlled by the company.
    • Examples: Emissions from company-owned vehicles, manufacturing processes, and on-site fuel combustion.
    • Scope 1 emissions are considered the most straightforward to measure and manage since they are under the direct control of the organization.
  2. Scope 2 emissions:
    • Definition: Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the company.
    • Examples: Emissions from the electricity used to power office buildings, factories, and other facilities.
    • Scope 2 emissions are typically easier to measure than Scope 3 emissions but still require accurate data from utility providers or energy suppliers.
  3. Scope 3 emissions:
    • Definition: All other indirect emissions that occur in a company’s value chain.
    • Examples: Emissions from business travel, employee commuting, waste disposal, and the production and transportation of purchased goods and services.
    • These emissions are often more challenging to quantify and manage due to the complex and interconnected nature of the supply chain and business operations.

Understanding and addressing all three scopes of emissions is essential for comprehensive sustainability management within corporations. By doing so, companies can ensure that they are taking a holistic approach to reducing their carbon footprint. This is where the Volteum Electric Fleet Planner comes into play, providing a detailed and comprehensive method for calculating CO2 savings.

How CO2 savings are calculated in the Volteum Electric Fleet Planner

The Electric Fleet Planner (EFP) calculates CO2 savings by comparing electric vehicles (EVs) and internal combustion vehicles (ICVs) on three levels:

  • Energy production emissions: First, the EFP assesses the emission equivalent of energy and fuel production in the specific country.
  • Transmission and distribution emission factor: Transmission and distribution emission factors are considered that describe the emissions associated with grid energy losses.
  • Local emissions: EVs do not have local CO2 emission, only during production, distribution and transmission. In contrast, ICVs emit CO2 at all three levels: energy carrier production, transportation and conversion during operation.

By comparing these factors, the EFP provides a detailed calculation of CO2 savings, highlighting the environmental benefits of transitioning to electric fleets. This comprehensive approach ensures the main aspects of emissions are considered, providing a realistic and accurate measure of the impact of fleet electrification.

Practical application: scope coverage and utilization

With a clear understanding of the different scopes and how the EFP calculates CO2 savings, sustainability managers can see tangible benefits across each scope:

  • Scope 1 emissions: direct reductions. The EFP helps reduce Scope 1 emissions by transitioning company-owned fleets from conventional vehicles to electric vehicles. This direct reduction in tailpipe emissions is crucial for lowering the company’s overall carbon footprint. Real-time monitoring and detailed reports on these direct emissions ensure accurate tracking and optimization.
  • Scope 2 emissions: indirect reductions. Optimizing the charging infrastructure and schedules for EVs can lead to reduced electricity consumption, thereby lowering Scope 2 emissions. By using renewable energy sources for charging and managing energy use efficiently, companies can further reduce their indirect emissions from electricity generation.
  • Scope 3 emissions: value chain impact. While the primary focus is on direct and indirect emissions, the transition to EVs can also influence the broader value chain. Encouraging suppliers and partners to adopt sustainable practices can lead to reductions in Scope 3 emissions. Additionally, the EFP’s detailed emission reports enhance transparency and accountability, which are critical for effective stakeholder engagement.

By covering all three scopes, the EFP provides users with a powerful tool to track, manage, and report on their company’s CO2 emissions, helping to achieve and exceed sustainability targets.

Driving sustainability with the Volteum Electric Fleet Planner

Reducing CO2 emissions is a critical aspect of corporate sustainability, and the transition to electric fleets not only helps in meeting regulatory requirements but also enhances a company’s reputation and stakeholder trust. The Volteum Electric Fleet Planner offers a comprehensive tool for calculating and reducing emissions across Scope 1, 2, and 3 - and so much more. Talk to our EV experts and learn more about the Electric Fleet Planner by requesting a demo by clicking the link below.

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