Services
Sustainability Services
Ecosystem-led Approach to Power Your Sustainability Strategy
Solution
Data and Analytics
Smart Data for AI: Building Agile, AI-ready Ecosystems
Consulting
TCS Consulting Services to Achieve Success in the Digital Era
Highlights
- Slash your carbon footprint with TCS Zero Carbon Platform
- Track and offset emissions to make your business grow
- Knowing the size of an organization’s carbon footprint helps identify focus areas for strategic changes
The Challenge
Earth’s resources are finite, but our demands from it are unlimited. Overconsumption and rampant exploitation of natural resources have led to untold environmental damage. In the face of severe environmental challenges such as extreme climate events, sustainable living is our only hope for the planet.
Sustainability in business has three major components—environmental, social, and governance (ESG). The ESG framework is increasingly being used as a yardstick by investors to encourage organizations to be more environmentally responsible.
- The environment component refers to how an organization contributes towards safeguarding the environment.
- The social component shows how an organization manages its relationship with the employees, customers, vendors, suppliers, and the community in which it operates.
- The governance component refers to an organization’s leadership, audits, administrative needs, and shareholder rights.
The keen interest in the importance of ESG to consumers, employees, and investors, and policymakers are paying attention to carbon mitigation policies, are substantial now. This makes it more vital than ever for companies to understand measure their carbon footprint.
A firm knowledge of the size of an organization’s carbon footprint and its composition helps quantify its exposure from ESG reporting and carbon-related policy changes and identify focus areas for strategic changes.
A company-specific customizable sustainability tool is key to creating accurate ESG reports, alternate environment-friendly solutions and building decarbonization strategies.
A recent survey indicates that at least half of all investors surveyed say that sustainability is “fundamental” to their investment strategy.
So, what is sustainability and carbon emission scope 1, 2 & 3?
Sustainability can be best defined as meeting our needs without compromising the ability of future generations to meet their own needs.
Figure 1 - An infographic on the three major components of the ESG framework.
The carbon footprint of an organization can be divided into Scope 1, Scope 2, and Scope 3 of carbon emissions. These Scopes follow the Greenhouse Gas (GHG) Protocol generally used in ESG reporting.
Scope 1 emissions are direct emissions while Scope 2 and Scope 3 are indirect emissions.
- Scope 1 emissions occur from sources owned or controlled by a company.
- Scope 2 emissions are supply-chain emissions associated with the purchase of electricity, steam, heat or cooling and are a result of the organization's energy use..
- Scope 3 emissions are all other supply-chain emissions.
Every organization must work towards net-zero emissions for a sustainable future. To do that you need to identify the scope of the emissions (as listed above), quantify it and then analyse the data to understand how to tailor and implement an effective decarbonization strategy.
The Solution
TCS Zero Carbon Platform empowers organizations to manage and monitor their carbon footprints and adopt sustainable business practices. Our platform can be fully integrated with all your existing enterprise solutions. After an in depth understanding of your organizational needs, we will help you define your operational boundaries, collect data of all your carbon emissions, calculate and formulate dashboards customizable as per your business needs. We can further assist you with reporting, getting certified, providing multiple/alternative solutions, and helping you implement them.
Figure 2 - An infographic on the various components of the TCS Zero Carbon Platform.
The calls to action
Emission Reduction: Our tool leverages AI capabilities to analyze data, forecast trends, and pinpoint emission hotspots and anomalies. It enables companies to take proactive measures to reduce their carbon footprint effectively.
Digital Reporting: Enrolled companies can effortlessly generate their annual sustainability reports with our digital reporting capabilities. Thanks to AI, this process is streamlined, saving time and resources. It automates 80-90% of the draft report.
Collaboration with TUV SUD: We’ve partnered with TUV SUD to provide additional services, including setting realistic sustainability goals aligned with national targets, assurance services to validate your efforts, guidance on your decarbonization journey, and environmental certification.
Benefits
Measure: Zero Carbon Platform enables businesses to calculate their scope 1,2 and 3 carbon emissions encompassing the emission factors irrespective of the industries to provide a comprehensive measure of carbon footprint.
Monitor: Provides an intuitive sustainability dashboard to view their carbon footprints in multiple dimensions across various business locations.
Reduce: It empowers businesses to track the carbon emissions and define their carbon offset initiatives to reduce carbon footprints.
Decarbonize: Helps businesses in accelerating their journey towards the path of being carbon neutral, carbon zero and carbon negative.
Certification: Get certified in your decarbonization journey with industry recognized certification partners.
TCS Zero Carbon Platform is an active enabler of TCS's mission to achieve zero emissions by 2030. TCS has partnered with UN Global Compact Network (UNGC) Malaysia to drive sustainability practices among Malaysian SMEs and drive low carbon supply chains through TCS Zero Carbon Platform.
End-to-End service
- Our team has you covered from in-depth discovery through unmatched technical implementation.
- We’ve experience across the full range of modern technologies.
Our services span diverse industries, including design, customer experience, digital marketing advisory, and digital transformation.