Splice

Splice, a tool from JFI’s affiliate initiative the Center for Active Stewardship, breaks down how companies are actually achieving emissions reductions. Splice is a tool for visualizing how a company’s greenhouse gas (GHG) emissions change over time. Companies listed on stock exchanges in Europe, Canada, Japan, Australia, and other markets around the world are required to share their emissions from directly burning fossil fuels (“Scope 1”) and indirect emissions from the electricity they use (“Scope 2”). Many companies based elsewhere, including the US, disclose this data voluntarily.

On a year to year basis, emissions can go up or down for all kinds of reasons that are either transient, or not under a company’s control. Initiatives to reduce emissions drive the most climate impact when they are based on durable moves that are under management’s control.

Splice allows users to differentiate “signal” from “noise” by helping visualize what’s actually driving trends in emissions. Select a company, a start year, and an end year to see how (i) revenue trends, (ii) the energy intensity of revenue, (iii) the share of energy coming from the grid, (iv) the emissions intensity of grid electricity and fossil fuels used by the company, and (v) trading activity (for example, buying renewable energy credits).