ISS and Watershed forge global partnership to advance full-scope carbon reductions
ISS A/S, a global workplace experience and facility management company, is accelerating its progress to reaching full-scope net zero greenhouse gas emissions by 2040. By globally implementing Watershed’s world-class carbon accounting solution, ISS will be able to optimise its decarbonisation journey across the ISS enterprise and within clients’ value chains.
Going forward, all ISS country teams across ISS’s more than 30 markets worldwide will be empowered with the capability to measure and manage their own carbon footprint, thereby quantifying the impacts of ISS's products and services across customer accounts and operations. ISS will use these data driven insights to support customers in building and advancing their net zero roadmaps, as well as unlocking new opportunities for progressing full-scope carbon reductions.
Increased transparency and data driven actions
Troels Bjerg, Regional CEO Asia-Pacific/Americas/Germany & Global Business Performance at ISS A/S, is thrilled about the new partnership with Watershed:
“At ISS, we recognise the magnitude of the ongoing climate and environmental crisis. And we are committed to continuously advancing our operations towards a more sustainable future, working closely together with our dedicated customers, innovative partners and trusted suppliers. The Watershed-ISS partnership will allow us to streamline our calculation and measurement models on a global scale, enhancing transparency and generating data driven insights that can accelerate our carbon reduction efforts for our customers.”
Markus Sontheimer, CIDO of ISS A/S, adds:
“Specifically, ISS’s own IT ‘eco system’ is being set up to centrally collect applicable data directly from ISS’s local and global systems before passing the data on to the Watershed platform for analysis and processing. The platform delivers insights and highlights risks and opportunities for decarbonisation by applying industry-leading methodologies and emission factors. The local ISS country teams will then be able to obtain audit-ready carbon footprints and supply chain transparency empowering them with the ability to make data driven decisions and steer local decarbonisation efforts.”
Fulfilment of stringent climate disclosure requitements
Christian Anderson, Watershed co-founder, is excited about forwarding Watershed’s and ISS’s mutual goals of transparency and data-driven climate action. He explains the purpose of the Watershed solution:
“Full Scope 1, 2, and 3 emissions measurement and reporting is rapidly becoming a requirement for companies around the world. Watershed's granular operational and supply chain measurements will empower ISS to manage its global carbon footprint, fulfil newly stringent climate disclosure requirements like The Corporate Sustainability Reporting Directive (CSRD), and, most importantly, to take action to reduce their carbon footprint.”
The first ISS country-level footprints will be available early next year. During 2023, ISS will pilot a customer reporting process together with a key customer. Broader customer reporting will be rolled out in 2024.
For media enquiries
Charlotte Holm, Senior Global Media Relations Manager, +45 4176 1989
ISS is a leading workplace experience and facility management company. In partnership with customers, ISS drives the engagement and well-being of people, minimises the impact on the environment, and protects and maintains property. ISS brings all of this to life through a unique combination of data, insight and service excellence at offices, factories, airports, hospitals and other locations across the globe. ISS has more than 350,000 employees around the globe, who we call “placemakers”. In 2022, ISS Group’s global revenue amounted to DKK 76.5billion. For more information on the ISS Group, visit www.issworld.com
Watershed is the enterprise climate platform. Companies like Airbnb, Carlyle Group, Everlane, YETI, and BBVA use Watershed to measure, report and act on their emissions, so they can produce audit-ready carbon footprints that drive real reductions. With embedded climate intelligence from the world’s leading climate and policy experts, Watershed is the platform of choice for companies seeking to satisfy regulatory requirements, unlock new business opportunities, and address climate-related risks.
Watershed customers also benefit from an in-house team of leading climate experts and an extensive ecosystem of partners, clients, and advisors. As part of Watershed’s end-to-end platform, customers have exclusive access to a marketplace of scientifically vetted, high-additionality carbon removal projects and high-quality carbon avoidance, plus groundbreaking virtual power purchase agreements. Watershed’s advisors and investors include Mark Carney, Christiana Figueres, Al Gore, Sequoia, and Kleiner Perkins. Watershed is dual-headquartered in San Francisco, CA, and London, U.K.