Knowing how to read environmental data
The first step in analyzing a company's sustainability measures is to interpret the data that have been collected.
Drawing up a spreadsheet
The spreadsheet below may be used to interpret the data collected after completing the previous steps. All spreadsheets and tools required for data collection and analysis can be obtained from the OECD website: Tools for data collection and calculation
Example of a spreadsheet
This example shows analysis of data relating to the energy consumption indicator (O2, operational processes) for a theoretical company:
The spreadsheet shows that the company has energy consumption of 8 megajoules (MJ) per product (in this case, the company has chosen the number of products manufactured at a given production unit as the standardization factor). The most important information for determining the potential for improving sustainability is also shown.
Example of a spreadsheet of a fictitious company
In this scenario, natural gas (200,000 MJ) represents the largest source of energy used by the company, followed by the electricity purchased from industrial services and fuel oil.
Improving the sustainability of energy consumption
The company in question has several options for reducing its global energy consumption. It can, for example, endeavor to increase its energy efficiency or reduce one or more of its energy sources according to their usage. These options will be evaluated in greater detail in the following chapters.