Equinox Workflow

A good fraction of the Equinox Functionality can be grouped and illustrated in terms of concrete workflows. This section of the Online Equinox Manual acts as a container for various implemented workflows. List of main current workflows

The Corporate Scope 2 Methodology Workflow is an attribution and reporting methodology for certain types of indirect GHG emissions of organizations (typically companies), primarily emissions linked to the purchase of electricity from grids. The workflow shows how to implement the GHG Protocol Scope 2 Guidance (2015) (See References).

Europe’s public authorities are major consumers of goods and services via the public procurement process. By using their purchasing power to choose environmentally friendly goods, services and works, they can make an important contribution to sustainable consumption and production - what is called Green Public Procurement (GPP) or green purchasing. GPP is a voluntary instrument, not a legal standard, but has a key role to play in the EU’s efforts to become a more resource-efficient economy. To be effective, GPP requires the inclusion of clear and verifiable environmental criteria for products and services in the public procurement process. In Equinox we aim to support GPP by integrating the de-facto standard data models and ontologies of the TED platform into sustainable portfolio workflows.

The CIRIS/GPC Methodology Workflow is an attribution and reporting methodology for the GHG emissions of Municipalities / Cities. It implements the GPC Recommendations for Community-Scale emissions accounting (See References).

The Partnership for Carbon Accounting Financials proposed methodologies (The Global GHG Accounting and Reporting Standard for the Financial Industry, PCAF, 2020) for attributing GHG Emissions to diverse financial contracts. One of the currently developed asset classes concerns Mortgage portfolios. The methodology as implemented in Equinox is documented below.

A group of workflows implemented in Equinox revolve around the Equator Principles . The Equator Principles is a (voluntary) risk management framework, developed and adopted by financial institutions for determining, assessing and managing environmental and social risk in projects (Project Finance ). It is primarily intended to provide a minimum standard for due diligence and monitoring to support responsible risk decision-making.

The Partnership for Carbon Accounting Financials proposed methodologies (PCAF (2020), The Global GHG Accounting and Reporting Standard for the Financial Industry.) for attributing GHG Emissions to diverse financial contracts.

The workflows for PCAF methodologies implemented in Equinox are documented below. For the methodologies themselves consult the corresponding PCAF documentation or the Open Risk Manual Entries

The GHG Project Workflow is structured around the recommendations of the GHG Protocol for Projects. The Project concept and data model holds data for any (generic) sustainability Project (irrespective of physical attributes, financial attributes or contractual nature). A GHG project is any well-defined set of actions that intentionally leads to a modification of the GHG emissions profile of a physical asset or collection of assets.

The integration of the IPCC EFDB Database into Equinox is described in the Reference Data Section of the Equinox User Manual (See Reference Data). Here we illustrate a basic workflow that helps search for and retrieve relevant emission factor (EF) data.

Project Finance Credit Risk Analysis may involve arbitrarily complicated tools and risk models, depending on the nature, size and complexity of the project being financed. As a common denominator, regulatory frameworks starting with Basel II Specialized Lending articulate a simplified (standardized scorecard). This Workflow discusses how Equinox provides a simplified workflow to implement a standardized scorecard workflow.