The LCOS SME Carbon Footprint Snapshot is a tool to help Malaysian SMEs quickly measure their carbon footprint following the GHG Protocol Guidance. This calculator will cover Scope 1 emissions: Mobile Fuel Combustion and Scope 2 emissions: Purchased Electricity.
These 2 emission sources are the most basic and most common activities for SMEs to calculate their carbon footprint.
*This is not a complete evaluation of an organisations emissions. For a more comprehensive measurement, use LCOS.
The formula for calculating your carbon footprint is: Activity Data x Emissions Factor = Carbon Emissions
In order to calculate your organisation’s carbon footprint snapshot, you will need the following information:
The Emissions Factor used in this calculator are:
*If your estimated carbon footprint is more than 50 tCO2e, you should consider taking steps to properly manage your carbon emissions.
This framework provides any organisation with a structured path towards advancing climate action and accelerating green growth.
The first step in any effort to reduce your greenhouse gas emissions is to develop a proper greenhouse gas emissions baseline.
SMEs can use LCOS to measure their baseline greenhouse gas emissions across their entire business. LCOS is in-line with the internationally recognised standard, GHG Protocol to make it easy for any organisation to measure their Scope 1, Scope 2 and Scope 3 greenhouse gas emissions.
If you are familiar with GHG Protocol, you can carry out your own assessment but if you require assistance, you can reach out to MGTC’s GHG Advisory and Consultancy Team.
Once you have established a baseline, you will have the necessary information to work out a low carbon action plan. Typically in Malaysia, you would focus a majority of your efforts on addressing energy and mobility. However, this may differ for your own organisation or industry sector.
In developing an action plan, you would choose a greenhouse gas emissions reduction target such as 45% GHG emissions reduction by 2030 or net-zero GHG emissions by 2050. This will give you an indication of how much greenhouse gas emissions that you will need to reduce.
You will then proceed to identify relevant, financially viable and impactful mitigation activities and arrange them into short-term, medium-term and long-term solutions.
By implementing many of these initiatives, you will be able to enjoy the various green technology financing and incentives that the Government has provided such as Green Technology Financing Scheme (GTFS), Green Investment Tax Allowance (GITA) and Green Income Tax Exemption (GITE).
A key success factor in determining proper implementation of your mitigation activities in order to achieve your greenhouse gas emissions reduction targets is the capabilities of your staff.
All staff in your organisation at all levels and across all departments need to have the same basic understanding about climate change, green technology, greenhouse gas emissions and the efforts needed to reduce your emissions. This extends to the Board of Directors and Senior Management as they play a pivotal role in shaping the future of the organisation.
MGTC’s Greentech Academy along with its Partners provide various climate change and green technology awareness and technical training programs that can help you on your journey towards reducing your emissions.
In any successful long term plan, you will need to keep track of the progress and achievements on a periodic basis. Doing an annual measurement, reporting and verification exercise will provide you with the clearest indication on the general direction that your organisation is heading towards.
If you are trending in the right direction, continue all the good work but if you are not, it is a good opportunity to figure out where things have not worked well and course correct. The path towards reducing greenhouse gas emissions is not linear and there will be ups and downs along the way.
The important thing is to have the right data so that you can make informed decisions and continuously improve.
As we move close to our net-zero greenhouse gas emissions target, every effort, no matter how big or small is equally important. We recognise that organisations have different capacities and capabilities to carry out greenhouse gas emissions reduction initiatives but are still willing to carry them out.
At the Ministry and at MGTC, we acknowledge these efforts and provide recognition for the achievements. Programs such as the Low Carbon Cities 2030 Challenge, National Energy Awards and Energy Management Gold Standard recognise effort and excellence in helping reduce greenhouse gas emissions.
Every year in October, MGTC hosts the International Green Technology and Eco Products Exhibition and Conferences (IGEM) at the Kuala Lumpur Convention Centre. IGEM is the regions largest green technology showcase that attracts participation and visitation from over 70 countries. IGEM is the best platform for you to showcase your green business to attract new buyers, investors and source for green suppliers.
MGTC is also driving the Government Green Procurement (GGP) and Private Green Purchasing (PGP) initiatives. All stakeholders are encouraged to purchase products and services from MyHIJAU Mark recognised suppliers as pert of their efforts to green their supply chain. Green businesses will only grow in demand for years to come.