Introduction
Learn more about why we decided to create a transparent network for business to report their environmental performance
Methodology
Read about how AMEE has been able to model emissions for all 2.8 million active companies in the UK
Benefits
Find out how AMEE can help your business make sense of sustainability, whether youre part of the FTSE 350 or an SME
Introduction
Since our inception in 2007 AMEE has always strived to make environmental data transparent and easily accessible
In 2012 we decided enough was enough, it was becoming clear that something had to be done about the lack of transparent environmental data available on businesses. So we created a freely accessible public directory of all registered UK businesses where companies can report their environmental data.
We recognised something different was needed to push companies to be open about their environmental performance so the idea for the AMEEScore was born. Our hypothesis was that by publicly rating companies, represented by a 1 - 100 score, we could engage those for whom sustainability had never been a core business focus.
To create the AMEEScore we needed to acquire vast amounts of data from both the financial and environmental sides of the UK’s business landscape
Our data collection includes utility spend, reported emissions and business metrics like annual revenue
Methodology
The AMEEScore is a business efficiency metric that rates environmental impact in terms of annual carbon emissions relative to revenue, expressed as a 1-100 score. It helps enable direct comparison of the efficiency of companies within the same industry
Using AMEE’s unique access to utility spend data for 400,000 companies as well as publicly reported environmental data
We can model emissions for each company by using Defra Conversion factors turning utility spend into a figure for tCO2e
After grouping companies by revenue and industry, we divide Emissions/Revenue to calculate each company’s AMEEScore
AMEEScores are comparable within the same industry, regardless of differences in company size thanks to the use of different models depending on total annual revenue
*For a much more detailed explanation of the statistical methods used to calculate the AMEEScore click here
Benefits
1
CSR managers and supply chain leaders can monitor competitor’s performance, see the various organisations that companies have reported to and manage their own company’s profile.
2
AMEE’s simple tools can help small business owners to calculate and understand their environmental impact, comply with buyer reporting demands and identify areas where cost savings can be made.
3
Supply chain managers can work with AMEE to gain insight into the weaknesses and risks within their portfolio, through a unique combination of financial and environmental information. Contact us to get in touch