CO2 - the new currency

1.2 tons of carbon dioxide have been caused by Andreas Große Habuer, Tobias Bayer and Joachim Zepelin through their research for the story „CO2- the new currency“, published in the november edition of the business magazine Capital. PE INTERNATIONAL calculated a carbon footprint of about 1.2 tons as the result of every journey, telephone call and piece of paper, which the journalists needed for their research.

Among others, they communicated with Deutsche Post, one of our SoFi software customers. „Years ago, as we were experimenting with carbon- accounting, we were even sneered“, says Michael Lohmeier, CO2 manager of Deutsche Post. Nowadays, nobody laughs. „Because of the extensive system of numbers we now exactly know how to save CO2 and therefore money“.

The big problem in accounting CO2 is, that Deutsche Post is just able to detect and have an effect on 20 percent of their emissions. The big rest arises from the suppliers, who have to make up the balance for the emission of CO2 for themselves to enable Deutsche Post to provide significant data. „We just started to ask our business partners for their emissions of CO2“, says Lohmeier.

Factoring primary products and supply chains which provoke emissions of CO2 into the own accounting of C02 gains immensely in importance. In the future, the huge trading company Wal-Mart claims C02 data of its 100.000 suppliers, for instance. Therefore, selecting a supplier will become a question of C02 emissions.

„Now, questionnaires are sent back and forth around the world“, says Michael Spielmann, Coordinator Carbon Management at PE INTERNATIONAL. „It will not take much longer and  the smallest companies will have to expose their C02 emissions“, mentions Spielmann. „Soon each company will be affected by the topic of C02 – in effect, carbon dioxide is developing itself into a currency. The sooner companies adapt themselves to it, the better“.

read the full article (german)