In This Article

Overview

Flagging an Initiative for Emissions

Copying an Emissions Enabled Initiative

Next Steps

Overview

Initiatives can be used to execute your carbon abatement actions in order to achieve the targets that you have configured. They allow you to implement a specific improvement/business change that will reduce carbon emissions and track the progress of those changes within the same system. 


The Initiative Impact and Marginal Abatement Cost Curve charts bring Initiatives and Emission forecasts together to enable analysis of their impact on Scenarios and Investment Evaluation activities for prioritising and approving Initiatives to be implemented. 


For Initiatives to be displayed on Initiative Impact, the following should be present:

  1. Benefit Calculation: The 'Emissions' Non-Financial Benefit (NFB) must be added to any idea or initiative. This can be done either by:
    • Using Manual Capture on the Initiative Overview page, or
    • Setting the parent node 'Non-Financial Category' to Emissions in the VDT.
  2. Benefit Duration: The benefit duration must be specified on the 'Emissions' Non-Financial Benefits page.
  3. Annualized Value: The annualized value of Emissions (tCO2-e) is displayed using the VDT or Manual Capture on the Overview page.
  4. Benefit Values: On-going or Forecast benefit values are shown on the Non-Financial Benefits page.
  5. Initiative Status: The initiative status must be either Active or Approved.

In addition, for the MACC chart, a calculated NPV from the Investment Evaluation in Initiative Cashflow must be present.

Flagging an Initiative for Emissions

For an existing initiative to be included for Emissions, the initiative is added as follows:


For a VDT-enabled Initiative

Open the Initiative record that you want to edit. Navigate to VDT and add a new parent node in an appropriate location in the VDT Tree. Edit the new parent node and set the Non-Financial Category field to Emissions. Once complete, click Save.


For a Manual Captured Initiative

If you have set your initiative to not use the VDT to calculate benefits, by setting the Initiative Benefit Calculation switch to Manual Capture, then you must add a Non-Financial Benefit Type manually. This is done in Initiative Overview.


Navigate to the Initiative Overview page, and under Annualized Value, click on +Add and choose Emissions from the list of options. Once added, set an annualized benefit value.


Note: Only values calculated by a VDT node set with a Non-Financial Category of Emissions, or if a VDT is not used, a Non-Financial Benefit added to the Initiative, will be considered in the Initiative Impact and Marginal Abatement Cost Curve charts.

Copying an Emissions Enabled Initiative

An Emissions Enabled Initiative can be copied by clicking on the three-dot icon on the initiative you want to copy from and selecting Copy.



1. When copying an Emissions Initiative that was using manual capture, the following is observed with the copied Initiative:

On the Overview page
  • the Emissions Scope/s and the value have been copied over 
  • the aggregated Annualized Emissions Value has been copied over 
On the Non-Financial Benefit page
  • the benefit duration has been copied over
  • the ongoing and forecast values have been copied over
On the Audit log slide of the Initiative
  • the audit entries for an Emissions new idea are recorded
  • the audit entry for the scope/s added is recorded 
On the Emissions Module (MACC and/or Initiative Impact) page (Provided the previous Emissions Initiative met the display criteria) 
  • the copied idea is displayed in the MACC table (only if the Investment Eval table has been recalculated)
  • the copied idea is displayed in the Initiative Impact '+Add Initiative' dropdown
  • the audit entry for the copied Idea now meeting the display criteria is recorded


2. When copying an Emissions Initiative that was using a VDT, the following is observed with the copied Initiative:

On the Overview page

On the Overview page
  • The Emissions Scope/s and the value have been copied over
  • The aggregated Annualized Emissions Value has been copied over

On the VDT page
  • The VDT structure including Emissions node/s, has been copied over correctly

On the Non-$ Benefit page


  • The benefit duration has been copied over
  • The ongoing and forecast values have been copied over 

On the Audit log slide of the Initiative
  • The audit entries for a new idea are recorded
  • The audit entry for the scope/s added is recorded 

On the Emissions Module (MACC and/or Initiative Impact) page (Provided the previous Emissions Initiative met the display criteria)


  • The copied idea is displayed in the MACC table
  • The copied idea is displayed in the Initiative Impact '+Add Initiative' dropdown

On the Emissions Module (MACC and/or Initiative Impact) Audit log (Provided the previous Emissions Initiative met the display criteria)


  • The audit entry for the copied Idea now meeting the display criteria is recorded


Next Steps

After your Initiative is enabled for Emissions, you can continue configuring the Initiative data required by the Emissions module.