As climate change is one of the most pressing challenges faced by planet Earth today, a comprehensive Greenhouse Gas (GHG) emissions inventory can help organisations move towards mitigating the adverse effects on our environment by incorporating sustainability and adopting a decarbonisation strategy to reduce carbon emissions.

Teddy Exports, a fairtrade export company based in Madurai, Tamil Nadu decided to put together an initial report of their GHG emissions inventory for the financial year 2021-22. Established in 1987, they manufacture high quality textile and wooden products and exports them to various brands across the globe.

This study uses the guidelines of the globally recognised tool, the GHG Protocol: Corporate Accounting and Reporting Standard. This standard helps organisations identify, calculate, and report their GHG emissions in an accurate, consistent, and transparent manner.

The report identifies and quantifies Teddy Exports’ operational carbon emissions with a strong focus on identifying opportunities for streamlining and improving data collection and data accuracy. The report also identifies and highlights areas of intervention where the organisation has offset their emissions through carbon sequestration and reduction activities.

Understanding the overall climate impact will prepare Teddy Exports for future climate policies, such as regulations on energy efficiency, carbon taxes, decarbonisation goals and Carbon Border Adjustment Mechanisms (CBAM).

Their objective is to communicate their commitment to key stakeholders, such as customers and investors in a transparent and accurate manner.