Carbon accounting software for financial services
For a bank, asset manager or insurer, most of your carbon footprint isn't in your buildings. It sits in the companies and projects you lend to and invest in. Gaia measures Scope 1, 2 and 3, then turns scattered data into audit-ready reports without spreadsheets or a team of consultants.
Where a financial institution's emissions really sit
Your own operations produce real emissions from offices, business travel, information technology and procurement, but they're usually a small fraction of the total. The bulk sits in your portfolio: the emissions of the businesses and projects you lend to, underwrite or invest in. Under the Greenhouse Gas Protocol (GHG Protocol) these fall into Scope 3, category 15 (investments), and they're the hardest to measure because the data lives outside your business.
Pressure to report them keeps building. Investors want to see the numbers, and frameworks including Streamlined Energy and Carbon Reporting (SECR), the Corporate Sustainability Reporting Directive (CSRD) and the Task Force on Climate-related Financial Disclosures (TCFD) now expect climate data that stands up to scrutiny. Gaia gives you one place to collect it, check it and turn it into a report.
CDP, formerly the Carbon Disclosure Project, has found that financial institutions' financed emissions are on average more than 700 times larger than their direct operational emissions.
Build the picture of what you finance
The data you need sits inside hundreds of investee companies and borrowers, in whatever format they choose to send it. Gaia's automated Scope 3 collection and supplier survey feature let you request data from the businesses in your portfolio, and its document extraction reads the PDFs, spreadsheets and reports they send back. Where a holding hasn't reported, data completion fills the gap with a ranged estimate, so your total isn't left with a hole.
Track your own footprint across every office
Financial firms often run offices in several cities and countries, each with its own energy bills, travel and technology spend. Gaia tracks Scope 1 and 2 across every location in one view, using conversion factors from the Department for Environment, Food and Rural Affairs (DEFRA) and the Department for Energy Security and Net Zero (DESNZ), so you can compare sites and see where your operational emissions actually come from.
Reports that hold up to an auditor
When your numbers go to regulators, investors and auditors, they have to be defensible. Gaia's anomaly detection flags data points that look unusually high or low before they reach a report, and it generates audit-ready SECR, CSRD, B Corp and GHG Protocol reports you can export as a web link or a PDF. Every figure traces back to the data behind it.
What Gaia measures for financial institutions
One system for your operational footprint and the emissions of everything you finance.
Financed emissions
Operational energy
Business travel
Procurement and IT
Carbon accounting for financial services, answered
What are financed emissions?
They're the emissions of the companies and projects you lend to, underwrite or invest in, counted under the GHG Protocol as Scope 3, category 15 (investments). For most financial institutions they're far larger than the emissions from their own offices and operations, which is why they matter most for reporting.
Which frameworks can Gaia report against?
Gaia produces audit-ready reports for SECR, CSRD, B Corp and the GHG Protocol, exported as a web link or a PDF. The same underlying data can support the climate metrics you disclose under TCFD.
How do you collect data from investee companies and suppliers?
Gaia's automated survey feature requests data directly from the businesses in your portfolio and supply chain. When they reply with PDFs, Excel files, Word documents or CSVs, you drag and drop them in and Gaia extracts the figures and calculates the emissions for you.
Can Gaia connect to our accounting systems?
Yes. Gaia integrates with Xero, QuickBooks, Sage and Oracle NetSuite, and offers application programming interface (API) access, so spend and activity data can flow in without manual re-keying.
What happens when portfolio data is missing or looks wrong?
Data completion estimates the gaps with a ranged estimate rather than leaving a hole in your total, and anomaly detection flags any data point that looks unusually high or low so you can check it before it reaches a report.
Trusted carbon data
Aligned with the standards your reports rely on
Gaia is aligned with the Greenhouse Gas Protocol (GHG Protocol) methodology and uses recognised industry-standard data to calculate your emissions, including the annual UK conversion factors published by the Department for Environment, Food and Rural Affairs (DEFRA) and the Department for Energy Security and Net Zero (DESNZ).