Shine tackles their scope 3 emissions as a digital service provider

Shine's logo
Company
Shine is a digital bank for small businesses
Size
180 employees
Industry
Online banking service
Headquarter
Paris, France
Website
shine.fr
Shine's employees

304

tCO2e emitted in 2021

98%

of total emissions fell into indirect scope 3 emissions in 2021

27%

of total emissions came banking services in 2021

Category
Customer
Topics
ESGCarbon
Published
15 February 2023

Background

Shine is a French startup that provides digital banking services tailored to self-employed and small enterprises. They founded Climate Act, a collective of small companies measuring, reducing, and transparently sharing their full scope carbon footprint to encourage businesses of any size to take action for the planet – regardless of current legislation.

“Shine wants to be part of the solution to climate change, not part of the problem. The very first step to work in this direction is to fully understand the quantity of greenhouse gas emissions we put into the atmosphere and how we can reduce it to the bare minimum. And that’s precisely the goal of measuring your footprint,” says Antoine Msika, Head of sustainability at Shine.

“Shine wants to be part of the solution to climate change. The very first step to work in this direction is to fully understand our carbon footprint and how we can reduce it to the bare minimum.”

Antoine Msika's avatar

Antoine Msika

Head of sustainability at Shine

Problem

Calculating your carbon footprint can be an out-of-reach task for smaller companies. It’s difficult to know where to start, and they don’t have much time, resources, or sustainability expertise.

They can also struggle collecting information on their indirect, scope 3 emissions as solid data isn’t readily available – preventing them from tackling what’s usually the biggest part of their footprint.

“Just like most companies in the service industry, the vast majority of our emissions come from what we buy: IT, flights, and other services. This unfortunately means that a lot of our emissions are estimated because the data on our service providers’ emissions isn’t available,” says Antoine Msika, Head of sustainability at Shine.

Antoine Msika's portrait

“In the service industry, the vast majority of our emissions comes from what we buy: IT, flights, and other services. Sweep helped us gather detailed data from suppliers and easily integrate it into our own footprint.”

Antoine Msika's avatar

Antoine Msika

Head of sustainability at Shine

Solution

With the help of Sweep, Shine has built an accurate, dynamic, and comprehensive the carbon footprint of their activities, and has grown a lot in their understanding of and proficiency in carbon management. The company uses our tool to:

  • Measure and analyze their carbon footprint and track emissions in real-time.

  • Gather detailed data from service providers and integrate it into their footprint.

  • Set reduction targets and simulate different initiatives to build the most effective plan of action.

“We had been struggling to find solid and accurate data to calculate our scope 3 emissions. Sweep helps us gather detailed data from suppliers and easily integrate it into our own footprint,” says Antoine Msika, Head of sustainability at Shine.

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Key features

Map your reality

Sweep app: Tree

Whether you think in products, divisions or locations, Sweep mirrors the way your business is organized. Which makes it easy to assign and track tasks, and visualize every action you take.

Receive and share data

Sweep App: Improve data quality

Securely connect with your entire value chain to get the most accurate data for your scope 3. All in a way that makes sense for your business.

Simulate reduction pathways

Sweep app: Scenarios

Test the impact a specific activity will have on your footprint, and map out scenarios to inform your initiatives.

All Sweep features

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