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Internet of Planet AB's Climate Report
Submitted on 2024-07-31
The SME Reporting Tool
Introduction *
Commitment and Targets *
Own Emissions *
Value Chain Emissions *
(optional)
Climate Solutions *
(optional)
Management, Strategy and Climate Risk *
(optional)
Results, Challenges and Outlook *
Version 3.0
Introduction *
1.1 Reporting year
*2023
1.1.1 Reporting period
*from 1.2023 to 12.2023
1.2 Describe your business activities
*Internet of Planet AB (IoP) is a climate and nature impact company, managing the secretariat for the Exponential Roadmap Initiative (www.exponentialroadmap.org) with the mission to unite innovators, transformers and disruptors to halve all emissions by 2030 through exponential climate action and solutions. Note that this report focuses on IoPs caused emissions only (Jan 2023 - Dec 2023), and is complemented by an Internet of Planet AB annual financial report 2023 and Impact Report (Jan 2022 - Dec 2023).
1.4 Number of employees in the reporting year
*8
1.4.1 Full-time equivalent (FTE) or headcounts
*Full-time equivalent
1.5 Let us know if your company is a parent company or subsidiary
*Not applicable
Commitment and Targets *
2.1 Net zero target year
*2030
2.1.1 Base year
*2022
2.2 Near-term target
*50% of intensity total emission reduction from my base year by 2025
2.3 Provide any additional comments or context on your net zero and near term targets.
*Net zero target:
Our goal is that by 2030, IoP’s greenhouse gas emissions per employee across the value chain shall be reduced by a minimum of 80% (from 7.4 to 1.5 ton CO2e/employee). The remaining carbon footprint will be counterbalanced by carbon removals.
Near-term target:
50% reduction in GHG emissions intensity (per FTE employee, scopes 1, 2 & 3) by 2025, compared to baseline in 2022.
Intensity targets are applied since IoP is a climate services company: all projects and solutions support the mission to halve global emissions by 2030.
Own Emissions *
3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action
*Yes
Energy consumption
3.2 Total energy consumption
*17319 kwh
3.3 Renewable energy
*14862 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*0 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*0.66 metric tons CO2e
3.6 Market based scope 2 emissions
*0.3 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*The co-working office space currently uses 100% renewable electricity, and the plan is to maintain 100% renewables for purchased electricity.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*The greenhouse gas accounting and reporting for Internet of Planet follows the principles of the Greenhouse Gas Protocol’s Corporate and Value Chain Standards (ghgprotocol.org). Total greenhouse gas emissions are quantified in carbon dioxide equivalents (CO2e), which take into consideration the global warming factors of the different greenhouse gases (carbon dioxide, nitrogen oxides, methane etc).
In the last year, Internet of Planet has adopted the following policy for disclosing methodological changes, and for baseline recalculation:
Any significant increases or decreases in the annual reported emissions that arise from methodology changes, improved data accuracy or up-dates of emissions factors, rather than changes in the company’s actions, will be commented on in these annual reports, to provide transparency on the results and progress.
If changes in the company or quantification methodologies occur, which will have a significant impact on GHG emissions in coming years, historic data will be recalculated applying the new company structure and/or methodology. A “significant impact” is defined as a change that’s likely to impact the baseline by more than 10%.
The quantification has been carried out with the support of consultants from ClimateHero.
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?
*Yes
4.1.1 Total scope 3 emissions
*28.44 metric tons CO2e
Supply chain related - upstream emissions
Customer related - downstream emissions
4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?
*Yes
Purchased goods and services:
Key actions relate to (1) consultancy services, (2) data and IT services, (3) IT equipment, (4) and food. IoP is requesting all suppliers to disclose emissions, to commit to halving by 2030, to reporting emissions per product/services on invoices or in open databases, and to join Race to Zero e.g. through the SME Climate Hub. So far, we have engaged 46% of our supplier base.
In addition IoP is minimising emissions from data & IT services and equipment by selecting products and services with lower footprints eg by prioritising 2nd hand/refurbished equipment.
IoP has implemented a policy of only buying vegetarian food.
Business travelling:
Internet of Planet’s travel policy follows the principles of virtual first, train second and minimising flights. For times when flights are needed, for events and face-to-face meetings, emissions should be minimised e.g. through choosing the lowest emissions route.
Investments and cash:
IoP has continued dialogues with its bank to promote reductions in financed emissions for its cash deposits.
4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?
*Yes
4.3 Have you communicated your commitment and actions to any of your customers?
*Yes
4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.
*The greenhouse gas accounting and reporting for Internet of Planet follows the principles of the Greenhouse Gas Protocol’s Corporate and Value Chain Standards (ghgprotocol.org). Total greenhouse gas emissions are quantified in carbon dioxide equivalents (CO2e), which take into consideration the global warming factors of the different greenhouse gases (carbon dioxide, nitrogen oxides, methane etc).
The quantification has been carried out with the support of consultants from ClimateHero.
To set the organisational boundary the “operational control” principle has been used. As a first step, an analysis was performed in which the company’s emissions in each category were estimated. Emissions categories with zero or negligible impact were excluded. An emissions source in scope 3 was included if it was estimated to represent at least 1% of the company’s total emissions.
Climate Solutions (optional) *
5.1 Do you classify any of your existing goods and/or services as a climate solution?
*No
Management, Strategy and Climate Risk (optional) *
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*Yes
The greenhouse gas accounting and reporting for Internet of Planet follows the principles of the Greenhouse Gas Protocol’s Corporate and Value Chain Standards (ghgprotocol.org). Total greenhouse gas emissions are quantified in carbon dioxide equivalents (CO2e), which take into consideration the global warming factors of the different greenhouse gases (carbon dioxide, nitrogen oxides, methane etc).
The quantification has been carried out with the support of consultants from ClimateHero.
To set the organisational boundary the “operational control” principle has been used. As a first step, an analysis was performed in which the company’s emissions in each category were estimated. Emissions categories with zero or negligible impact were excluded. An emissions source in scope 3 was included if it was estimated to represent at least 1% of the company’s total emissions.
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*Yes
Looking beyond our own operations, IoP actively invests in initiatives fostering a more sustainable future. In 2023, we committed a total of 82,500 SEK towards clean energy access in the Global South via Trine, forest conservation projects via ZeroMission, and regenerative agriculture practices via The Landbanking Group. These impactful investments are estimated to contribute to a combined emissions reduction of 120 tonnes of CO2e and promote land health and biodiversity.
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*The company’s greenhouse gas emissions for the year 2023 have been calculated to total 58.5 ton CO2e, which corresponds to 7.3 ton CO2e per employee and 5 ton CO2e per million SEK turnover.
Please look uploaded report for more detailed information on IoP's greenhouse gas emission and actions of 2023.
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
The quantification has been carried out with the support of consultants from ClimateHero.
Internet of Planet AB's Climate Report
Internet of Planet AB's Climate Report - 2023
Introduction *
1.1 Reporting year
*2023
1.1.1 Reporting period
*from 1.2023 to 12.2023
1.2 Describe your business activities
*Internet of Planet AB (IoP) is a climate and nature impact company, managing the secretariat for the Exponential Roadmap Initiative (www.exponentialroadmap.org) with the mission to unite innovators, transformers and disruptors to halve all emissions by 2030 through exponential climate action and solutions. Note that this report focuses on IoPs caused emissions only (Jan 2023 - Dec 2023), and is complemented by an Internet of Planet AB annual financial report 2023 and Impact Report (Jan 2022 - Dec 2023).
1.4 Number of employees in the reporting year
*8
1.4.1 Full-time equivalent (FTE) or headcounts
*Full-time equivalent
1.5 Let us know if your company is a parent company or subsidiary
*Not applicable
Commitment and Targets *
2.1 Net zero target year
*2030
2.1.1 Base year
*2022
2.2 Near-term target
*50% of intensity total emission reduction from my base year by 2025
2.3 Provide any additional comments or context on your net zero and near term targets.
*Net zero target:
Our goal is that by 2030, IoP’s greenhouse gas emissions per employee across the value chain shall be reduced by a minimum of 80% (from 7.4 to 1.5 ton CO2e/employee). The remaining carbon footprint will be counterbalanced by carbon removals.
Near-term target:
50% reduction in GHG emissions intensity (per FTE employee, scopes 1, 2 & 3) by 2025, compared to baseline in 2022.
Intensity targets are applied since IoP is a climate services company: all projects and solutions support the mission to halve global emissions by 2030.
Own Emissions *
3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action
*Yes
Energy consumption
3.2 Total energy consumption
*17319 kwh
3.3 Renewable energy
*14862 kwh
Scope 1 emissions
3.4 Scope 1 emissions
*0 metric tons CO2e
Scope 2 emissions
3.5 Location based scope 2 emissions
*0.66 metric tons CO2e
3.6 Market based scope 2 emissions
*0.3 metric tons CO2e
3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.
*The co-working office space currently uses 100% renewable electricity, and the plan is to maintain 100% renewables for purchased electricity.
3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.
*The greenhouse gas accounting and reporting for Internet of Planet follows the principles of the Greenhouse Gas Protocol’s Corporate and Value Chain Standards (ghgprotocol.org). Total greenhouse gas emissions are quantified in carbon dioxide equivalents (CO2e), which take into consideration the global warming factors of the different greenhouse gases (carbon dioxide, nitrogen oxides, methane etc).
In the last year, Internet of Planet has adopted the following policy for disclosing methodological changes, and for baseline recalculation:
Any significant increases or decreases in the annual reported emissions that arise from methodology changes, improved data accuracy or up-dates of emissions factors, rather than changes in the company’s actions, will be commented on in these annual reports, to provide transparency on the results and progress.
If changes in the company or quantification methodologies occur, which will have a significant impact on GHG emissions in coming years, historic data will be recalculated applying the new company structure and/or methodology. A “significant impact” is defined as a change that’s likely to impact the baseline by more than 10%.
The quantification has been carried out with the support of consultants from ClimateHero.
Value Chain Emissions (optional) *
Scope 3 emissions
4.1 Have you measured any of your scope 3 emissions?
*Yes
4.1.1 Total scope 3 emissions
*28.44 metric tons CO2e
Supply chain related - upstream emissions
Customer related - downstream emissions
4.1.17 Do you have a plan and are taking action to reduce emissions from your value chain?
*Yes
Purchased goods and services:
Key actions relate to (1) consultancy services, (2) data and IT services, (3) IT equipment, (4) and food. IoP is requesting all suppliers to disclose emissions, to commit to halving by 2030, to reporting emissions per product/services on invoices or in open databases, and to join Race to Zero e.g. through the SME Climate Hub. So far, we have engaged 46% of our supplier base.
In addition IoP is minimising emissions from data & IT services and equipment by selecting products and services with lower footprints eg by prioritising 2nd hand/refurbished equipment.
IoP has implemented a policy of only buying vegetarian food.
Business travelling:
Internet of Planet’s travel policy follows the principles of virtual first, train second and minimising flights. For times when flights are needed, for events and face-to-face meetings, emissions should be minimised e.g. through choosing the lowest emissions route.
Investments and cash:
IoP has continued dialogues with its bank to promote reductions in financed emissions for its cash deposits.
4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?
*Yes
4.3 Have you communicated your commitment and actions to any of your customers?
*Yes
4.4 Describe the calculation methodology and comment on the data accuracy and any tools used to calculate your scope 3 emissions.
*The greenhouse gas accounting and reporting for Internet of Planet follows the principles of the Greenhouse Gas Protocol’s Corporate and Value Chain Standards (ghgprotocol.org). Total greenhouse gas emissions are quantified in carbon dioxide equivalents (CO2e), which take into consideration the global warming factors of the different greenhouse gases (carbon dioxide, nitrogen oxides, methane etc).
The quantification has been carried out with the support of consultants from ClimateHero.
To set the organisational boundary the “operational control” principle has been used. As a first step, an analysis was performed in which the company’s emissions in each category were estimated. Emissions categories with zero or negligible impact were excluded. An emissions source in scope 3 was included if it was estimated to represent at least 1% of the company’s total emissions.
Climate Solutions (optional) *
5.1 Do you classify any of your existing goods and/or services as a climate solution?
*No
Management, Strategy and Climate Risk (optional) *
6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.
*Yes
The greenhouse gas accounting and reporting for Internet of Planet follows the principles of the Greenhouse Gas Protocol’s Corporate and Value Chain Standards (ghgprotocol.org). Total greenhouse gas emissions are quantified in carbon dioxide equivalents (CO2e), which take into consideration the global warming factors of the different greenhouse gases (carbon dioxide, nitrogen oxides, methane etc).
The quantification has been carried out with the support of consultants from ClimateHero.
To set the organisational boundary the “operational control” principle has been used. As a first step, an analysis was performed in which the company’s emissions in each category were estimated. Emissions categories with zero or negligible impact were excluded. An emissions source in scope 3 was included if it was estimated to represent at least 1% of the company’s total emissions.
6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?
*Yes
Looking beyond our own operations, IoP actively invests in initiatives fostering a more sustainable future. In 2023, we committed a total of 82,500 SEK towards clean energy access in the Global South via Trine, forest conservation projects via ZeroMission, and regenerative agriculture practices via The Landbanking Group. These impactful investments are estimated to contribute to a combined emissions reduction of 120 tonnes of CO2e and promote land health and biodiversity.
Results, Challenges and Outlook *
7.1 Provide any additional comments or context on your annual results and progress from previous years.
*The company’s greenhouse gas emissions for the year 2023 have been calculated to total 58.5 ton CO2e, which corresponds to 7.3 ton CO2e per employee and 5 ton CO2e per million SEK turnover.
Please look uploaded report for more detailed information on IoP's greenhouse gas emission and actions of 2023.
7.3 Has there been any third party validation of the data submitted in this report?
*Yes
The quantification has been carried out with the support of consultants from ClimateHero.
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