Driving net zero
Embedded CO2 offsetting, enabling science-based scope-3 initiatives & emitter-specific offsetting
Embedded CO2 offsetting, enabling science-based scope-3 initiatives & emitter-specific offsetting
Embedding ESG and sustainability into your corporate DNA is no longer a nice-to-have, it is a must.
With InvoiceNxt you lead the way in sustainability through an innovative supplier scheme which mobilises suppliers to reduce their carbon footprint. InvoiceNxt is enabling suppliers to access working capital on fair terms and to drive science-based initiatives to achieve net zero.
InvoiceNxt collects current and reliable data to determine GHG emissions. Based on these insights, corporate buyers calculate actual costs (costs of material plus required offsetting costs) and monitor emitter-specific annual emission targets. This is part of InvoiceNxt’s overall ESG indexing and automatically informs the buyer about potential risks and future costs.
InvoiceNxt allows buyers to consider actual costs in their procurement decisions, incentivize compliant suppliers and automatically offset unavoidable emissions. Using only certified offsets, which are centrally managed by the buyer, protects against reputational damages and reduces the effective costs of net-zero initiatives. The offsetting costs can be shared with the suppliers.
Enabling suppliers to access working capital on fair terms and to drive science-based initiatives to achieve net zero. InvoiceNxt provides the means to collect primary data to measure GHG emissions, and we provide the mechanics to automatically allocate the costs for offsetting.
Steps
Description
Step 1
Supplier creates a profile.
Step 2
Supplier answers customised questionnaire and uploads documents.
Step 3
ESG Scorecard & GHG Emission coefficient are created.