Context & Objectives
Quanes is a global leader in the energy and services sector with operations in 20 countries, 90 000 employees working on 5 continents and a turnover of 19 billion euros in 2024.
Recently, Quanes estimated its 3.11 (use of sold products) and 3.12 (end-of-life of sold products) GHG emissions for SBTi compliance and got its reduction targets validated (scope 1, 2 and 3).
Objectives
Astragal has been requested to improve the accuracy of emissions calculation related to 3.11, 3.12 and 3.15 (investments) and update Quanes’ reporting tool and methodology accordingly.
Our Approach
Critical review
Benchmarked peers, analysed current protocols, and conducted stakeholder interviews.
Methodology improvements
Enhanced Activity Data (AD) and Emission Factors (EF), clarified scopes, and developed "fit to purpose" and "nice to have" scenarios.
Protocol updates
Finalised and standardised calculation methodologies for all BUs and wrote multilingual group protocols (FR, EN, SP) and consolidation guidelines.
Outcomes
- Prioritisation of decarbonisation levers: By improving the accuracy and granularity of its calculations for emitting categories, Quanes has revised the prioritisation of levers to be activated in order to achieve its SBTi targets.
- Identifying end-of-life product cost reductions: Deep analysis of physical data (e.g. refrigerant gas recycling rates, waste, reverse logistics) uncovered costly inefficiencies (e.g. loss of recyclable materials).