Summary
Cut through the green tape
We don’t push agendas. At Net Zero Compare, we cut through the hype and fear to deliver the straightforward facts you need for making informed decisions on green products and services. Whether motivated by compliance, customer demands, or a real passion for the environment, you’re welcome here. We provide reliable information—why you seek it is not our concern.
Details
Deep dive
Features
Core features
Watershed helps companies track their carbon emissions, which is the amount of greenhouse gases (like CO₂) they release through business activities. It pulls data from different parts of the business, such as travel expenses and energy bills, to give a clear picture of overall emissions. Watershed can even provide a “life-cycle assessment” (LCA), which is a study of a product’s environmental impact from production to disposal.
Many companies now have to report their environmental impact to meet regulations or standards like the Carbon Disclosure Project (CDP), Global Reporting Initiative (GRI) and Sustainability-related disclosure in the financial services (SFDR). These frameworks set guidelines for how businesses should measure and share their environmental data. Watershed provides a Guided CDP Report Builder to assist with reporting as well as multiple preconfigured report types.
Watershed goes beyond tracking emissions by offering tools that help companies reduce them. It even has a carbon removal marketplace which allows businesses to offset their emissions by funding projects that capture CO₂ from the atmosphere. Interactive dashboards show where companies can improve and cut down emissions.
Other features
Comprehensive Carbon Assessment: Watershed can break down emissions across all areas of a company’s operations, from production to supply chain. It even lets companies see the emissions for specific products, so they know which ones have the biggest impact. Watershed has a huge database of over 500,000 “emissions factors.” Emissions factors are numbers that help estimate emissions from different activities, like transportation or manufacturing. This helps Watershed make accurate calculations for a wide range of business activities.
Security and Compliance: Watershed allows companies to set different access levels for users, so only certain people can view or edit data. Watershed complies with important privacy standards like GDPR (General Data Protection Regulation), CCPA (California Consumer Privacy Act), and Privacy Shield, which protect personal data and ensure data is handled responsibly. The platform also offers Single Sign-On (SSO) and SAML Support features, which let employees log in using their company credentials without needing separate usernames and passwords for Watershed.
Supplier Engagement: Watershed has tools to collect emissions data directly from suppliers, making it easier for companies to get a full picture of their supply chain’s environmental impact. The company highlights which suppliers contribute the most to emissions, helping companies know where to focus their efforts for the biggest impact.
System Integration: Watershed connects with other business tools like ERP (Enterprise Resource Planning) systems like SAP and Oracle, which manage core business processes such as accounting, procurement, and supply chain operations. Business travel can be a major source of emissions, so Watershed also connects with travel booking tools like Concur and Navan, allowing companies to monitor travel-related emissions by capturing data on flights, accommodations, and other travel activities.
User-Friendly Dashboards: Watershed’s dashboards offer visual summaries of emissions data, helping decision-makers quickly understand their progress and see where improvements can be made.
For a closer look at Watershed's platform and its powerful features, check out their software demonstration. This video offers a practical walkthrough, showing how Watershed supports companies in tracking, reporting, and reducing their carbon emissions in real time.
Case Studies
Celonis: Driving Carbon Efficiency Through Data
Celonis, a process mining and execution management company, used Watershed to improve their carbon footprint measurement and drive decarbonization initiatives. Here are the key points from this case study:
Challenge
Celonis had previously measured its carbon footprint but saw room for improvement in data quality, especially for material emission categories, which are emissions that are most significant for a company, based on the scale of their impact on the company’s overall carbon footprint. Their current carbon footprint data wasn’t accurate enough to create clear, measurable plans for reducing emissions in key Scope 3 areas.
Solution
Celonis worked with Watershed to re-measure its footprint, benefiting from:
Easy data collection: Watershed provided templates for intuitive data collection, making it clear what data was required and how to handle missing data.
More specific emissions factors: Watershed offered granular data, allowing assessment of GHG emissions per supplier in the Scope 3 "purchased goods and services" category.
Interactive visualization platform: The dashboard allowed Celonis to drill down into emission sources by country and office location, as well as view the current share of renewable electricity.
Results
Using Watershed, Celonis achieved:
Targeted facilities changes: They could determine which office locations would have the greatest emissions impact when switching to renewable electricity.
Supplier emissions ranking: Watershed's supply chain module helped identify which suppliers contributed most to emissions and which had disclosed sustainability targets.
Easier reporting: Watershed's Guided CDP Report Builder helped formulate valid answers and directly input carbon footprint data into responses.
Enhanced value chain transparency: Celonis could provide high-quality carbon footprint assessments to current and future business partners.
Sophia Wieland, Sustainability & Climate Change Manager at Celonis, stated:
"Watershed helps us be pragmatic. We save time because we can focus on getting precise data where it has the most impact on our future desire to act."
Source: watershed.com
Pricing Tiers
Watershed is positioned as a premium solution, with reports suggesting that annual costs can range from approximately $37,000 to $264,000, excluding implementation fees. This places it in the higher end of the market, targeting large enterprises with complex sustainability needs.
For the most accurate and up-to-date pricing information, it's recommended to contact Watershed directly. They can provide a tailored quote that aligns with your organization's specific needs and sustainability goals.
Closing Insights
Watershed isn’t just another emissions tracker—it’s a hands-on tool that helps companies really dig into their carbon impact and make meaningful changes. For companies with big supply chains or complex operations, Watershed provides the tools to understand their emissions in detail and see where they can make the biggest improvements. Features like real-time dashboards and a massive database of emissions info make it simple to stay on top of everything and work toward sustainability goals without the guesswork.
If your company needs a full solution for measuring and reducing emissions while keeping up with reporting standards, Watershed is worth considering.
