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It's all about measurement.

Everyone can and must become an actor in the fight against climate change. To improve our impact, we must learn to follow our carbon budget as well as our finances. The entire Greenly team is working to provide these automated and increasingly accurate tracking solutions, with the active participation of a committed community.

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To answer many of your questions

Presentation of our solution

1. What is a GHG Balance Sheet? 
The GHG balance sheet, or greenhouse gas balance sheet, aims to account for all the emissions induced directly and indirectly by a company.

These emissions come from different gases (CO2, methane, fluorinated gases, etc.). For the sake of simplicity, the GHG Balance Sheet accounts for all emissions in "CO2 equivalent" (CO2e), by weighting each gas according to their "Global Warming Power", or GWP.
Corporate emissions are divided into 3 perimeters, called "Scope":

- Scope 1 refers to all emissions produced directly by the company's vehicles, machines and premises (combustion of hydrocarbons, fluorinated gas leaks).

- Scope 2 accounts for emissions linked to the production of the electricity consumed by the company.

- Scope 3 accounts for all emissions in the company's value chain. This scope is divided into two:
Upstream Scope 3 : this includes all emissions upstream of the company's value chain: purchases, downtime, travel, etc.
Downstream Scope 3: these are all emissions generated after the sale of products or services: use of products sold, end of life, etc. 
2. What are the features of Greenly Corporate Impact?
Greenly Corporate Impact enables all companies to formulate and deploy their climate strategy, in all simplicity, while reducing costs.

The Greenly Impact platform allows you to:
- Dynamically monitor your carbon footprint
- Identify action levers to reduce the impact of your activity on the climate
- Participate in carbon offsetting projects

Thedata collection and calculation of your GHG balance is automatic, thanks to the synchronisation of our platform with your banking transactions.

The "Measure" tab allows you to view your emissions by category dynamically, to track your impact historically and to access the analysis of your transactions.

In addition, Greenly Corporate Impact analyses your profile and your emissions, in order to offer you customized solutions to reduce your impact.

Finally, the "Offset" tab will allow you to choose carbon offsetting projects, allowing you to contribute to global carbon neutrality.
3. What are the upcoming features?
Our teams work daily to improve our solution. Here are our short-term objectives:

Footprint measurement:

- Addition of specific tabs for the Carbon Footprint sub-items.
- Addition of a "product" tab, allowing companies to measure the impact of their products.
- Accuracy of results: possibility to replace monetary data with physical data, when our algorithm identifies too high an uncertainty.
- Addition of comparison tools to be able to interpret its emissions.


- Quantification of all carbon footprint reduction proposals.
- Addition of reduction proposals.


- Support for climate objectives. Addition of carbon offsetting projects.


- Addition of internal and external communication tools: automatic generation of reports to be published on ADEME, support for communicating with employees, etc.
- Adaptation of the tool to the ISO 14 064 approach. 
4. Is the bank connection secure?
The automaticity of our solution is based on an online analysis of your company's banking transactions. It is therefore necessary to synchronize your accounts with our platform to take full advantage of our solution. This synchronization is not done directly with Greenly. Indeed, the connection is secured thanks to a third party company: OXLIN.

It is a banking aggregator, which allows companies and individuals to freely dispose of their data, and to share it if they wish with companies like Greenly, in complete security. Indeed, OXLIN uses the same level of security as banking sites and will never communicate your identifiers.
Thus, it is thanks to OXLIN that we will never have access to your banking identifiers.

OXLIN is approved by the Bank of France.

Wouldyou like to know more about OXLIN's security? Click here.
5. Is my data secure? Can it be used by Greenly?
Greenly is subject to the RGPD and undertakes not to use your data for any purpose other than that of the service we offer you. Moreover, your data are stored on secure servers in European data centers .

Thus, Greenly will never use your data for commercial purposes, and will not give access to your data to any partner. The only possible use of your data is for statistical purposes: after anonymizing our customers' data, we build emission factors and default data from averages. This data is reused to refine our users' GHG balance sheets.

Thus, no data is shared inside and outside our platform without your consent. For example, your GHG report will never be automatically shared on the platform: only you can decide to make it public.
6. Does Greenly have a license to carry out carbon audits?
Greenly benefits from the Bilan Carbone licence, issued by the Association Bilan Carbone. This licence allows the publication of a regulatory carbon balance. In addition, the company is labeled "Green Greentech" by the Ministry of Ecological Transition....which is a testament to the thoroughness of our analysis. Finally, all calculation data is sourced and reviewed by third parties within our Scientific Council.
7. What does Greenly offer for employee engagement?  
When filling in their home-to-work travel information, employees are invited to use the Greenly application. Developments in progress will make it possible to synchronize SaaS to the group of employees on the app, to propose collective actions, communication elements on the company's commitment to employees, etc. In addition, at each stage of the climate strategy, Greenly communicates elements of communication reflecting your commitments, intended for external as well as your employees.

Your first steps on our platform

1. What do I do when I first log in?
The first time you log on to the platform, a window will open and show you how to fill in your information.
Click on the first link: it will take you to your account settings. You can also reach this section by clicking on your email or photo at the top left of your screen.

The first step is to fill in the details of your company: location, sector of activity, number of employees, etc. This information will be used to estimate some of your broadcast stations and improve your user experience. After this step, you will be able to synchronize your bank accounts to our platform, in order to analyze your transactions of the last 3 months (minimum) and start a dynamic follow-up of your emissions.
2. How do I synchronize my bank accounts?
To take full advantage of Greenly Corporate Impact's functionalities, it is important to synchronize our platform with your bank account: this will allow us to estimate the carbon impact of your transactions over the last 3 months, and to automatically track your emissions.

To synchronize your accounts, click on the photo in your profile, then on "Bank accounts". You will then be redirected to OXLIN: this is the banking aggregator we use to secure the connection, and it is thanks to it that we will never have access to your identifiers. Then, let OXLIN guide you and synchronize your accounts with Greenly Corporate Impact.

Once synchronized, our platform will automatically analyze your expenses for the last 3 months. Go to the "measure" tab to view the first results.

Wouldyou like to know more about the security of our solution? Click here.
3. Does bank synchronization integrate past transactions?
The banking integration allows a minimum of 3 months history, which can be up to 18 months depending on the bank. For companies wishing to quickly publish a GHG balance sheet, it is possible to extrapolate the available data in order to have an estimate of annual emissions.

The GHG Balance Sheet

1. How are my company's emissions measured?  
A company's emissions are calculated by multiplying activity data by emission factors, expressed in kgCO2e/unit. The activity data can be monetary data or physical data (km, kWh, Litres, etc) . By default, the data used are monetary data, thanks to the synchronization with bank accounts. However, our algorithm will soon be able to recognize transactions for which a monetary approach is not precise enough. It will then be possible to use a physical approach to refine the results of the analysis.
2. How are my expenses categorized?
Once connected to the bank aggregator, the expenses made with your account (wording, date and amount) are communicated to us.

The wording is used to categorize the expense, in order to assign a consistent emission factor to it. Some labels have their own emission factor (e.g. when the company publishes its carbon footprint or product life cycle analyses), while other labels are associated with more global categories (product or service).
The allocation of labels to the different expenses is mainly done by our algorithm. However, some categorizations will have to be done by hand during the first connections.

All these categorizations will be capitalized by our artificial intelligence, improving the user experience day by day by rapidly reducing the user categorization work.

Expenditure categorisation - explanatory diagram
3. How do you categorize an expense?
The categorization of the expenses is done in the tab "Measure", in the category "Transactions".

To categorize an expense, simply check the box of the expense you wish to modify, as in this example :
Then click the "To be Categorized" button to choose the spend category for the selected transaction. Spend items are divided by category: Goods, Services, Travel, and so on. 
Once the expense category is selected, you have two options:

- Re-categorize all expenses with the same label (for providers that always provide the same service).

- Recategorize only the selected spend.
After this step, an emission factor is assigned to the spend and the associated CO2 emissions are accounted for in your GHG balance sheet.
4. How are my results presented?
The results of the Bilan GES are presented by item:

- Energy
- Purchases
- Fixed assets
- Travel
- Waste.

In the next update, it will be possible to view the results with the emission items of the GHG Protocol, the international standard for carbon accounting.
Finally, your Bilan GES can be exported in the standard French format, to be published on the ADEME website
5. What is a monetary issue factor? 
A monetary emissions factor makes it possible to estimate the carbon content of a purchased product or service based on its price.

This coefficient corresponds to the ratio of the emissions of an average product over its life cycle (production, use, end of life), compared to the price. The use of the monetary factor is very practical for the Bilan Carbone. Indeed, using banking transactions ensures that no emission item is overlooked. However, in some cases, the monetary emission factor is a source of uncertainty. For this reason, our tool recognizes the emission items for which it is preferable to use a physical approach, and suggests that you use other metrics.
6. Where do the monetary emission factors used by Greenly come from?  
The vast majority of the monetary emissions factors used for your calculations are produced by Greenly. To do so, we use two approaches:
- The product approach, which consists of using the average carbon footprint of the products analyzed, which we compare with their average price.
- The company approach: this is a ratio of the company's total emissions by its turnover. This approach can only be used when the company sells only a limited quantity of similar products, and when its carbon footprint covers its entire value chain.

In addition, some monetary emissions factors come from databases such as the ADEME
7. Where do the physical emission factors used by Greenly come from? 
Greenly uses life cycle analyses or studies from different organizations to feed its databases: EcoInvent, ADEME, Open Food Watch, the World Bank, etc...

Reducing my organization's emissions

1. How can I reduce my emissions?  
There are many ways to reduce emissions and they are listed in the "Reduce" tab. You will find a variety of advice, with or without investment.
2. How are emission reduction potentials calculated?
Emission reduction potentials are calculated by comparing the current situation with a reference situation (the reduction path): a carbon footprint calculation is performed for both scenarios. 
3. What are avoided emissions and how are they calculated?
In the expenditure history, for certain transactions, "CO2 avoided" is shown.
These CO2 avoided highlight the efforts made by companies by comparing their choices with more polluting alternatives. For example, if a long journey is made by train, the emissions avoided by choosing not to fly are indicated.
Thus, avoided emissions are always based on a reference scenario, which we would like to specify on our platform.
Avoided emissions are calculated by comparing the emissions linked to the analysed transaction with a reference scenario.
4. Are the action plans proposed by Greenly labelled?
To date, there is no label certifying emission reduction action plans. However, it is possible to have its reduction targets validated as being in line with the Paris Accords by the Science Based Targets, which is dependent on the UN.

The action plans proposed by Greenly are produced internally, based on the analysis of customer data and proposals from public and private players (ADEME in particular). In addition, Greenly relies on the work of Science Based Targets for its action proposals.

Finally, reduction proposals are always accompanied by figures, allowing their impact to be assessed. This also applies to proposals from alternative suppliers, who are required to make public the carbon intensity of their products before being proposed by Greenly.

Carbon offsetting

1. What is carbon offsetting?
Carbon offsetting allows individuals or companies to finance CO2 absorption or avoidance projects.

Offsetting projects are varied: they can finance the planting of forests, the preservation of endangered natural environments, or renewable energy projects in countries where electricity is highly carbon-intensive.
2. What are the offset projects proposed by Greenly?
Today,Greenly proposes 6 offset projects:

- The Gandhi projectwhich finances theinstallation of wind turbines in India.
This project helps reduce the carbon intensity of the country's electricity. Indeed, according to the International Energy Agency, Indian power plants emit on average 718 gCO2e per Kwh, compared to only 14g CO2/Kwh for a wind turbine (including manufacture and end of life, source ADEME).

This project is certified by Verra, the world reference for offset projects.

- The Floresta de Portel project: this project aims to protect the forest in the state of Parà, Brazil. Threatened by legal and illegal deforestation, the forest is home to very rich ecosystems and has unique animal and plant species. The Foresta de Portel project protects this ecosystem while helping local communities to use the forest in a sustainable way, thanks to the creation of local jobs, particularly in agroforestry.

This project is certified by Verra, the world reference for offset projects.

- The Ugastoves project: this avoidance project aims to finance the local production and distribution of cooking ovens in Uganda to replace the traditional cooking method, based on the combustion of oil.

This project is certified by Gold Standard, a UN certifying body.
3. Are offset projects labelled?
All projects proposed by Greenly are certified "Low Carbon Label", "Verra" or "Gold standard". These certificates validate the 3 following conditions:

- Additionality (Each additional euro avoids additional emissions).

- Measurability (sequestered or avoided emissions can be measured).

- Auditability (Monitoring and control of projects by the labelling bodies).