Many organizations across the sector are relying too heavily on the spend-based methodology used by the likes of the Higher Education Supply Chain Emission (HESCET) tool in the UK. The result is an overly cautious approach to reporting, delivering inflated carbon emissions figures that are used to set targets. This leaves organizations open to greenwashing claims, even if unintentional, and makes it tough to measure the true impact of reduction initiatives.
Combine this over-reliance on the most basic form of emissions estimation with a HESCET tool that uses outdated emissions factors, and we’re left with a sector facing a huge challenge to get its carbon reporting audit-ready. It’s time to start the transition from spend-based carbon accounting in higher education to not only mitigate these risks, but tap into huge opportunities.