Watershed Launches Free Emissions Database for Decarbonization

Watershed, a sustainability technology company, has launched a free emissions database to help businesses make informed decarbonization decisions. The open-access platform provides standardized data to enhance transparency and support global climate goals.

Accurate emissions data is critical for companies aiming to reduce their carbon footprint, but many lack access to reliable and comprehensive information. Watershed’s new database addresses this gap by offering free access to detailed emissions data across industries and regions. The platform includes metrics for Scope 1, 2, and 3 emissions, covering direct operations, purchased energy, and supply chain activities. This standardized approach enables businesses to assess their environmental impact, identify reduction opportunities, and comply with reporting requirements.

The database is particularly valuable for small and medium enterprises (SMEs), which often lack the resources to conduct detailed emissions assessments. By providing free access, Watershed aims to democratize decarbonization efforts, encouraging widespread adoption of sustainable practices. The platform aggregates data from various sources, including industry reports and public datasets, ensuring accuracy and relevance. It also includes tools to help companies analyze their emissions and set science-based targets aligned with the Paris Agreement.

Watershed’s initiative supports global efforts to achieve net-zero emissions by 2050. The database is designed to be user-friendly, with features like customizable dashboards and sector-specific benchmarks. This allows companies to compare their performance with peers and identify best practices for reducing emissions. The platform also supports compliance with emerging regulations, such as the EU’s Corporate Sustainability Reporting Directive (CSRD), which requires detailed emissions disclosures.

The launch comes at a time when businesses face increasing pressure from investors, regulators, and consumers to address climate change. By providing free access to emissions data, Watershed aims to remove barriers to action, particularly for companies in developing economies. The initiative also encourages collaboration, as businesses can share insights and strategies to accelerate decarbonization. Challenges include ensuring data accuracy and keeping the database updated with the latest industry trends. Watershed plans to expand the platform’s capabilities, adding features like predictive analytics and integration with carbon accounting software.

The database is expected to have a significant impact, enabling thousands of companies to make data-driven decisions. It also aligns with the United Nations’ Sustainable Development Goals (SDGs), particularly those related to climate action and responsible production. By fostering transparency and accountability, Watershed’s initiative is a step toward building a low-carbon economy.

Conclusion
Watershed’s free emissions database is a powerful tool for businesses seeking to reduce their carbon footprint. By providing accessible and reliable data, it supports global decarbonization efforts and promotes sustainable practices across industries.

Source : ESG Today