Iceberg Data Lab - Avoided Carbon Emissions
Data category
Environmental dataThe data offers solutions for:
Carbon footprintingWho are the data users?
Financial institutionsBrief description of the data offering
Avoided carbon emissions represent the greenhouse gas (GHG) emissions that a company, project, product, or portfolio, helps prevent when compared to a typical, higher-carbon alternative. This is measured as the difference between actual emissions and the emissions that would have occurred in a “business as usual” scenario.
For example, insulation materials in the construction sector avoid emissions by reducing the energy needed for heating and cooling buildings, compared to less efficient alternatives.
The unit used is typically tonnes of CO2 equivalent (tCO2eq). Avoided emissions can be reported for individual companies or aggregated across portfolios for a total sector or investment product.
The methodology for avoided emissions generally accounts for:
The type of activity or product (such as renewable energy production, energy efficiency improvements, etc.)
The reference scenario (what would have happened without the intervention/product)
The lifespan and usage phase impacts (e.g., emissions savings over the use phase of a building component)
Where and how do you source your data?
Company-reported data and sustainability reports, when available and reliable. If company data is not available or incomplete, IDL models the data using sector, commodity, and geography-specific parameters.
Open-source databases provided by governments, central banks, and scientific organizations.
Life Cycle Assessment (LCA) databases and financial/environmental datasets for product-level impacts.
Physical flows and input-output models (such as their proprietary Wunderpus model) to estimate emissions through the entire value chain, covering scopes 1, 2, and 3 for high granularity and sector comparability.
Independent scientific studies and internationally recognized frameworks (e.g., IPCC, IEA, SBTi, TNFD, PBAF) for methodologies and benchmark data.
What is the cost for your data offering?
Pricing depends on coverage requirements, and can be provided upon request at [email protected]