Carbon measurement and climate reporting for Five V portfolio companies
A practical starting point for Five V portfolio companies to understand expectations, build the fundamentals, and measure their carbon footprint.
From Five V Capital
Understanding and managing greenhouse gas emissions is an increasingly important part of building resilient, competitive businesses. With the introduction of mandatory climate-related financial disclosures in Australia, expectations around the measurement and reporting of emissions are continuing to evolve across the broader business landscape.
As part of Five V's ESG Minimum Standards, we expect all portfolio companies to participate in our annual ESG data collection process and measure their Scope 1 and Scope 2 greenhouse gas emissions footprint each year. We also strongly encourage companies to measure Scope 3 emissions where practical and relevant.
We recognise that carbon accounting can be complex, particularly for companies measuring their emissions for the first time. The resources on this page are designed to help you understand the fundamentals, build internal capability and take practical steps towards measuring your emissions footprint. Five V has also partnered with NetNada to provide portfolio companies with access to additional support for carbon measurement and reporting.
Carbon measurement is an iterative process, and the most important step is getting started. We encourage you to use these resources to build your understanding and strengthen the quality of your emissions data over time.
— The Five V Capital team
Five V Climate Minimum Standard
What Five V expects from every portfolio company, and the support available to get there.
Environment
Requirement
Measure and report on Scope 1–2 GHG emissions annually.
Measurement of Scope 3 emissions is strongly encouraged and is required for regulated reporting entities.
Five V support
Access to NetNada training modules on carbon measurement and Australian climate reporting requirements.
Access to a preferred commercial offering from NetNada for portfolio companies seeking additional support to measure their carbon footprint.
NetNada's software-enabled approach combines technology with hands-on support to help reduce the cost and internal workload associated with carbon measurement.
Your learning path
Work through these NetNada Academy resources in order. Each one is short, self-paced, and free — by the end you will understand what a carbon footprint is, what the reporting standards ask of you, and what to do next.
- 1 Introduction to Carbon Accounting Free course · self-paced The fundamentals: what greenhouse gas emissions are, how businesses measure them, and what Scope 1, 2 and 3 actually mean.
- 2 Understand emission factors Reference · emission factors database Emission factors are the conversion rates that turn your activity data — litres of fuel, kilowatt-hours of electricity, kilometres travelled — into a carbon footprint. Knowing where they come from and how they are applied lets you measure your Scope 1 and 2 emissions with confidence and interpret your results. Browse the factors NetNada uses for Australian calculations.
- 3 Australia's Mandatory Climate Reporting Guide Free guide How ASRS and AASB S2 work, who has to report and when, and why voluntary reporters are getting ahead of supply-chain requests now.
- 4 Materiality for Sustainability Reporting Free course · self-paced Not every ESG issue matters equally to every business. Learn how to identify what is material to yours — and to your stakeholders.
- 5 Getting Started with Science Based Targets (SBTi) Free course · self-paced Once you have a footprint, targets come next. An introduction to the most widely recognised net-zero target framework.
- 6 NetNada Webinar Series Free · YouTube Watch practitioners work through real reporting questions — a companion to the courses you can dip into at any point.
Don't have a carbon partner yet?
NetNada helps Five V portfolio companies measure their carbon footprint and meet the reporting standard — without hiring a sustainability team.
Talk to NetNada