White paper on Mycelium's scoring methodology
Making sense of corporate carbon footprint disclosures
Mycelium scores corporate carbon footprints to benchmark them fairly against industry peers. The headline figure on every company profile.
The Mycelium Score is out of 10. Up to 6.5 points reflect carbon intensity vs sector peers (emissions normalised against revenue), scaled by how transparent the reporting is. The band above 6.5 is earned through verified data quality on a claimed profile: declaring every reporting category yourself (up to 2.0), preparation by a carbon accountant (2.0) and independently audited figures (2.0), capped at 10.
In this white paper we delve into exactly how and why we score the way we do. We answer questions such as:
- How can a company score 10/10 on the Mycelium scale?
- What is the normalisation process and why is it so important?
- How is the transparency score calculated?
And we also cover how other metrics such as how the use of a trusted third party to calculate the footprint combine to complete the scoring story.
