Heaptalk, Jakarta — East Ventures, and Indonesia’s Chamber of Commerce and Industry (Kadin) launched Southeast Asia’s emission calculator and visualization, ECOVISEA. In collaboration with WRI Indonesia as a knowledge partner, this calculator acts as a free web-based global greenhouse gas (GHG) calculator that backs companies to calculate and measure their environmental impact.
“ECOVISEA stands as a testament to collaborative efforts in harnessing digital technology, industry-specific expertise, and on-the-ground insights. This innovative tool streamlines the previously manual carbon calculation process and empowers businesses to visualize sources of GHG emissions to identify emission reduction strategies better.” Partner of East Ventures, Avina Sugiarto, said.
Indonesia is one of the top ten emitter countries, contributing ~1.48 GtCO2e to GHG emissions yearly. This matter requires extra efforts to ensure progressive progress in reaching the Paris Agreement target to limit 1.5C of global temperature increase by 2050.
The fundamental step is to have the companies calculate their emission to measure their environmental impact. Therefore, they can reduce environmental impact or make informed decisions towards their sustainability targets. Despite the importance of calculating GHG emissions, many of Indonesia’s companies, from MSMEs to Startups, still need to estimate their carbon footprints. This is primarily due to a need for access to GHG accounting skills and knowledge.
Recognizing this gap, East Ventures and Kadin, with guidance from WRI Indonesia, launched this innovative tool and invited businesses in any industry nationwide to accurately measure, manage, and reduce their emissions, facilitating the transition to a low-carbon economy.
Coordinating Vice Chairwoman for Maritime, Investment, and Foreign Affairs of Kadin Indonesia, Shinta Kamdani delivered that ECOVISEA provides an essential tool for Indonesian companies to track and reduce their greenhouse gas emissions. She is confident that this calculator will play a role in enabling national companies to collectively achieve the government’s target for reducing greenhouse gas emissions and reaching net zero emissions by 2060.
How ECOVISEA works
This tool is designed to calculate the emissions produced by companies following three scopes, including:
- Direct emissions from sources owned or controlled by the company include stationary combustion, fugitive emissions, mobile combustion, and process emissions.
- Indirect emissions are from the generation of purchased energy, spanning electricity, heat, or steam.
- All other indirect emissions from a company’s value chain are upstream and downstream.
A carbon calculation engine, Climatiq, provides the emission factor data used in ECOVISEA. This data upholds global standards and complies with the GHG protocol and ISO 14067. For the current version, this platform can support the companies in calculating Scope 1, Scope 2, and some parts of Scope 3. The full version is expected to be fully launched in the first half of 2024.
ECOVISEA upholds the privacy policy for the company’s data inputted into the tool, which will be exclusively used for calculating the company’s GHG emissions. The tool will temporarily retain the data inputs to generate the dashboard by estimating the company’s GHG emissions. ECOVISEA also integrates with the data privacy system, which limits the authority to access, enter, and modify the company data to only the accounts registered using the company’s email domain
