Best Practices: Creating An RFP For Enterprise Carbon Management Software

Published 15 December 2021 by David Metcalfe, Elisa Molero & Connor Taylor,
EHS Compliance Energy Management Environment, Health & Safety ESG & Sustainability ESG Risk GHG Emissions Net Zero Real Estate & Built Environment Best Practices

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Executive Summary

A combination of tougher climate change policies and investor demand for accurate carbon emissions data has ramped up the pressure on firms to implement net zero emissions strategies and energy transition plans. To succeed with these strategies, firms will need to invest in an enterprise-wide carbon management digital platform. This will encompass five layers of functionality: climate risk and disclosure management; carbon emissions pricing and financial analysis; net zero project and programme management; carbon emissions data and inventory management; and Scope 1, 2 and 3 data acquisition. To deliver on their futureproof vision, firms should select digital solutions from one or more innovative carbon software and services providers. RFPs should be designed to assess product functionality as well as implementation expertise and the scale of vendors’ resources.

Table of contents

Firms Need a Futureproof Vision To Digitize Carbon Management Strategies 
Net Zero Strategies Generate A Host of New Carbon Management Business Requirements 
Tech Buyers Need A Futureproof Vision For Enterprise Carbon Emissions Management
Build An Enterprise Carbon Management Digital Platform Across Five Layers Of Functionality

RFPs Should Evaluate Innovative Carbon Management Technologies 
The Enterprise Carbon Management Digital Solutions Provider Market Is A Hotbed Of Innovation
Guidelines For Creating An Enterprise Carbon Management RFP

Table of figures

Figure 1. Enterprise Carbon Management Information Architecture 
Figure 2. Enterprise Carbon Management Software Providers    
Figure 3. RFP Template For Enterprise Carbon Management Vendor Selection 

Organisations mentioned

About the authors

David Metcalfe

David is the CEO of Verdantix and co-founded the firm in 2008. Based on his 20 years of experience in technology strategy and research roles he provides guidance on digital strategies to C-level executives at technology providers, partners at private equity firms and function heads at large corporations. His current focus is on helping clients understand their market opportunity tied to ESG investment trends and their impact on corporate sustainability strategies. During his 12 years running Verdantix – including 4 leading the New York office – he has helped dozens of clients grow their businesses through fund raising, acquisitions and international growth. David was previously SVP Research at Forrester and Head of Analysis & Forecasting at BT. He holds a PhD from Cambridge University and also worked as a Research Associate at the Harvard Business School.

Elisa Molero

Industry Analyst
Elisa Molero is an Industry Analyst in the Verdantix ESG & Sustainability practice. Her current research agenda focuses on emerging solutions and global market trends around supply chain sustainability. Her background is in Economics, Leadership and Governance (BSc, University of Navarra). Prior to joining Verdantix, Elisa worked as a research analyst at the Centre For Economic Performance at the London School of Economics, where she completed a Master’s degree in Global Politics, with Distinction.

Connor Taylor

Senior Analyst
Connor is a Senior Analyst in the Verdantix Net Zero & Climate Risk practice. His current research agenda focuses on carbon management software, climate change consulting services, and the voluntary carbon markets. Connor joined Verdantix in 2021, with prior experience in EHS technology sales and development. He holds a BA from the University of Cambridge in Anglo-Saxon, Norse and Celtic.

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