Heineken to Use Credit360 for Sustainability Reporting
The contract will be used to deliver the beer company’s “Green Gauge” scorecard initiative and replaces a resource-intensive spreadsheet-based approach with a single web-based system, Credit360 says.
Heineken committed to upgrading to its “Green Gauge 2.0″ system in the company’s 2011 sustainability report. Credit360 won the competitive selection process that searched for a provider.
The Green Gauge initiative forms part of Heineken’s broader sustainability agenda, Brewing a Better Future. Under the program, the brewer has pledged to cut direct and indirect emissions at its breweries 40 percent and cut its water consumption by 25 percent between 2010 and 2020. The plan also calls for all of Heineken’s operating companies to compile and issue their own local sustainability reports by 2015.
Credit360 says it was chosen because of the company’s ability to adapt to and integrate with Heineken’s well-established reporting requirements, and Credit360’s flexibility to cover a broad range of sustainability metrics, not simply environmental data. By introducing approval steps and automated quality checks for data entry, Heineken hopes to improve accuracy and reduce the time their sustainability experts spend chasing information and validating accuracy. Credit360 can also integrate new sustainability data with existing back-end systems, the company says.
At a later date, Heineken will start using Credit360’s Carbon Disclosure Project carbon reporting system. The company will also be aligning its reporting with external frameworks such as the Global Reporting Initiative.
Credit360 says it has been selected by over a dozen companies across Brazil, the US, Singapore, Switzerland and the UK in the past six months. It recently won an award for Best Sustainability Software from Ethical Corporation.
Earlier this month, Credit360 and UK nonprofit the Carbon Trust announced that they are developing a carbon management software system designed to let companies track and manage value chain emissions.
The partnership’s first product, the “Value Chain Hotspotter,” is designed to allow companies to quickly estimate carbon intensive areas of their value chain. The tool covers seven Scope 3 categories.
The collaboration’s full value chain reporting platform, which will calculate, interpret and make recommendations on carbon reduction activities, will be released in the autumn.
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