France Invest's Climate Change Combat with Greenly's IoT Solution

France Invest is an association that promotes private equity in France. They are committed to reducing their greenhouse gas emissions and are taking proactive steps towards achieving a Net Zero trajectory. Recognizing the importance of measuring emissions as a first step towards reducing them, they sought to calculate their carbon footprint. They aim to use this information to better structure their environmental policy and devise a long-term action plan for emission reduction. France Invest is among the top 10% of the most virtuous organizations in France, with a Climate Greenly Score of C, a score achieved by only 5% of French companies.

France Invest, an association dedicated to promoting private equity in France, was seeking to conduct a simple Greenhouse Gas (GHG) assessment to understand their carbon footprint. The organization recognized the need to measure their GHG emissions as a first step towards reducing them. They aimed to structure their environmental policy better and devise an action plan for long-term emission reduction. The challenge was to find a solution that was not only efficient and intuitive but also quick in delivering results. The carbon footprint calculation needed to consider not just direct and energy-related emissions (Scope 1 & 2) but also indirect emissions caused by service providers and services used by the company (Scope 3).

France Invest partnered with Greenly, a company known for its simple, intuitive, fast, and efficient carbon footprint measurement solution. Greenly's solution, which has received positive reviews from customers and was awarded the French Tech Green 2020 label, was chosen to calculate France Invest's carbon footprint. The solution took into account both direct and energy-related emissions, as well as indirect emissions caused by service providers and services used by the company. The data was then analyzed to provide France Invest with a comprehensive understanding of their carbon footprint, which was found to be 249t CO2e in 2020. With this information, France Invest is now working on defining an action plan, involving managers for each major emission item, to reduce their emissions.

• The partnership with Greenly has allowed France Invest to gain a comprehensive understanding of their carbon footprint. This knowledge is crucial in structuring their environmental policy and devising an effective action plan for long-term emission reduction. The results from the GHG assessment have also provided France Invest with a benchmark, allowing them to track their progress towards their Net Zero trajectory. Furthermore, the insights gained from the assessment have enabled France Invest to involve managers for each major emission item in the action plan, fostering a collaborative approach to emission reduction. The association is now in a better position to define possible and impactful reduction actions.

• France Invest's carbon footprint was accurately calculated to be 249t CO2e in 2020.

• The carbon footprint calculation took into account direct, energy-related, and indirect emissions.

• France Invest achieved a Climate Greenly Score of C, placing them in the top 10% of the most virtuous organizations in France.