EmissionX 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.
EmissionX alleviates the administrative challenges of ESG reporting and compliance, enabling companies to achieve sustainable results through actionable insights.
Streamline the process of gathering and structuring sustainability and ESG data, through robust workflows and seamless integration.
Calculate Scope 1, 2, and 3 emissions. Generate audit-compliant disclosures addressing the expectations of regulatory authorities.
Allocate emissions to individual outputs through an e-liabilities accounting system.
Enhance cost savings and lower carbon emissions strategically through applying the Balanced Scorecard Method.
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Comprehensive educational training packages on sustainability topics.
ESG strategy development and integration into investment process and performance.
Robust digital platform responsible for Reporting, Planning, Accounting and Strategic Management.
EmissionX platform was developed as a result of GUES Project (Green Upstream Engagement Solution).
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