CASE STUDY
Calculating the carbon footprint for 17 companies in 8 weeks
For the investment group Genesis Capital, collecting non-financial data is not merely an administrative obligation but a vital part of managing portfolio value. However, while calculating the carbon footprint (Scope 1 and 2) for its 17 portfolio companies, the group reached the limits of its previous approach because software alone, without expert guidance, was no longer sufficient.
The group required a partner that could complement a digital tool with professional consultancy while taking responsibility for the methodological accuracy of data across the entire portfolio. For this reason, they chose to collaborate with Flagship and our digital platform.
From data collection to a unified group ESG report
The main challenge was not just to gather the data, but to ensure its consistency across a diverse portfolio. The project required more than just a reliable technological foundation; it primarily needed expert supervision to eliminate any corporate uncertainties from the outset and guarantee the accuracy of results within a tight eight-week window.
The Solution: A structured process and comprehensive data management
The implementation of the Flagship Platform allowed Genesis Capital to gain maximum control over the process. The entire project relied on these key activities:
Key project outcomes include:
The implementation of a standardized carbon footprint measurement system provided Genesis Capital with reliable data for strategic decision-making and transparent communication of results.
- Unified carbon footprint calculation for the entire portfolio (17 companies) based on a comparable methodology.
- Consolidated data that serves as a foundation for group ESG reporting.
- Verified Scope 1 and 2 data for the entire portfolio, including individual additions and validation of supporting documents.
- A structured overview for management to enable rapid assessment of the portfolio status and the management of future strategy.
- A final report featuring calculations, key findings, and specific recommendations for next steps.
From a mere obligation to a management tool, saving up to half the internal team's time with full control over data
Thanks to our active project management, the workload for the internal Genesis Capital team was reduced by up to half. The quality and reliability of the data also improved significantly. Previous calculations had shown inconsistencies, such as cases where a company's carbon footprint appeared disproportionately high or where errors in input data distorted the overall result. The cause was not a lack of software, but the absence of thorough professional scrutiny of the figures. Our consultant verified every data point, identified discrepancies, and helped resolve them. The digital platform then ensured that such errors cannot recur.
Another benefit of the collaboration was the introduction of a unified methodology across the whole portfolio thanks to project management by an experienced Flagship expert. It was specifically his active supervision and ongoing work with the data that eliminated previous fragmentation and manual error rates during data collection.
From reporting to active portfolio management
Thanks to our active project management, the workload of the Genesis Capital internal team was reduced by up to half. The quality and reliability of the data have also improved significantly. Previous calculations contained discrepancies, such as instances where a company’s carbon footprint was unreasonably high, or where errors in the input data skewed the overall result. The cause was not a lack of software, but the absence of a thorough professional review of the figures. Our consultant verified every piece of data, identified discrepancies, and helped correct them. The digital platform then ensured that similar errors could not recur.
At the same time, it became clear that the platform’s unified methodology and data collection system are fully functional even in an international environment. The portfolio companies were spread across the globe, yet we managed to effectively collect, validate, and process the data within a unified structure. This enabled consistent and comparable quantification of the carbon footprint across the entire portfolio.
Get in touch with us
info@flagshipimpact.com
Vězeňská 859/9, 110 00 Prague 1, Czech Republic
ID: 19306571, VAT: CZ19306571
Other cookies are configurable.