U.S. Corporations Size Up Their Carbon Footprints

U.S. Corporations Size Up Their Carbon Footprints
Coca-Cola, Cisco, Intuit, and others use ever more sophisticated tools to measure their environmental impact and meet emissions goals
By Rachael King
June 1, 2009

http://www.businessweek.com/technology/content/jun2009/tc2009061_692661.htm?chan=rss_topEmailedStories_ssi_5/
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Like many companies, Coca-Cola (KO) wants to cut its carbon footprint. The soft-drink maker has pledged to eliminate 2 million tons of CO2 emissions from its manufacturing operations by 2015. To do that, Coca-Cola has become adept at using spreadsheets and databases to measure how much carbon it produces and energy it consumes. It's even able to track less tangible causes, such as greenhouse gases emitted by vending machines. But when it comes to tracking and managing the projects that will help it reduce carbon emissions and make better use of resources, Coca-Cola is having a harder time.

The company needed a more sophisticated set of carbon accounting and management tools, says Bryan Jacob, director of energy management and climate protection at Coca-Cola. "I'm looking for something to take us to the next level," he says. "I'm going to either enhance what I've got or move to a different platform that's much more robust." To that end, the company is testing a product from software company Hara that goes beyond simply measuring carbon footprints. The Web-delivered tools, formally introduced June 1, help companies manage efforts to actually reduce carbon and more efficiently use natural resources such as water, waste, and paper.

Amid growing pressure from investors, employees, and environmental watchdogs such as Greenpeace, the circle of companies making a concerted effort to go green is widening. But corporations are finding that even in cases where there's a will to reduce emissions, it's not easy to measure a company's environmental impact, much less keep track of the various projects aimed at meeting aggressive carbon reduction targets.

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