Green Public Procurement

Electrifying the Doughnut: Simplified Visions of Sustainable Finance

Electrifying the Doughnut: Simplified Visions of Sustainable Finance

Reading Time: 30 min.

June 21 2023 marks the sixth annual #ShowYourStripes Day - a time when meteorologists and other climate communicators around the world raise awareness of our warming planet by displaying colorful visuals of climate change. The warming stripe graphics are representations of the change in temperature over the past 100+ years (here we use the global average). Each stripe represents the temperature averaged over a year. The stripes typically start around the year 1900 and finish in 2022.

White Paper 14, Integrated Energy Accounting using Relational Databases

White Paper 14, Integrated Energy Accounting using Relational Databases

Reading Time: 3 min.
Open Risk White Paper 14: Integrated energy accounting using relational databases In this Open Risk White Paper we demonstrate a concrete implementation of an integrated energy accounting framework using relational database technologies. The framework enables accounting of non-financial disclosures (such as the physical and embodied energy footprints of economic transactions) while enforcing the familiar double-entry balance constraints used to produce conventional (monetary) accounts and financial statements. In addition, it allows enforcing constraints associated with the flow and transformations of energy that can happen inside the organizational perimeter.
White Paper 12, Deep-Linking Financial and Energy Accounting

White Paper 12, Deep-Linking Financial and Energy Accounting

Reading Time: 1 min.
Open Risk White Paper 12: Deep-Linking Financial and Energy Accounting We develop a conceptual framework for integrated accounting that produces (where possible) non-financial disclosures subject to the same double-entry balance constraints as those used to produce conventional financial statements and automatically ensures any additional conservation laws are satisfied. We identify the key ingredients required for such a rigorous integrated accounting framework, in terms of concepts, postulates and design choices. Our focus and concrete use case is built around energy accounting, keeping track on an entity’s detailed energy footprint (primary inputs, transformations and waste generation) as an extension of its standard financial accounting and reporting.
How Open Data and Open Source can support Green Public Procurement - Part 4

How Open Data and Open Source can support Green Public Procurement - Part 4

In the fourth part of this series we approach Green Public Procurement as a Sustainable Portfolio Management task and explore how open data can support this mission

Reading Time: 9 min.
Introduction In this fourth and final installment we will discuss how the data framework we have developed thus far can be mapped into classic portfolio management concepts and categories, and thus, how one can articulate the concept of sustainable procurement management on a portfolio basis. The concepts and analytic methodologies of financial portfolio management1 can significantly enhance the toolkit available to practitioners and, in sense, connects the domain of Green Public Procurement to other ongoing initiatives in broader Sustainable Finance.
How Open Data and Open Source can support Green Public Procurement - Part 3

How Open Data and Open Source can support Green Public Procurement - Part 3

In the third part of this series we illustrate how one may assign greenhouse gas emissions to public procurement using environmentally extended input-output models

Reading Time: 10 min.
Introduction This is the third in a series of posts where we explore the role of Open Data and Open Source in enabling and accelerating the broad based effort towards Green Public Procurement (GPP). In this third installment we will link procurement entities to private sector sellers and, through the sectoral profile of the procurement contract, (CPV category) we will infer the amount of CO2 emissions that can be attributed to these activities.
How Open Data and Open Source can support Green Public Procurement - Part 2

How Open Data and Open Source can support Green Public Procurement - Part 2

In the second part of this series we explore how to construct an economic network representation of the public procurement universe

Reading Time: 10 min.
Introduction This is the second in a series of posts where we explore the role of Open Data and Open Source in enabling and accelerating the broad based effort towards Green Public Procurement (GPP). Recap of the Previous Post Part 1 - Overview In the first part of this series we motivated and defined the scope of a study that explores Public Procurement data. We discussed the meaning of the main relevant terms (Open Data, Open Source, Green Public Procurement) and briefly reviewed the current state and challenges of the latter in EU context.
How Open Data and Open Source can support Green Public Procurement - Part 1

How Open Data and Open Source can support Green Public Procurement - Part 1

In the first part of this series we survey the TED procurement data landscape to build the context in which we will explore the relevance of this open data set for green public procurement

Reading Time: 13 min.
Introduction In a series of posts we will explore the role of Open Data and Open Source in enabling and accelerating the broad based effort towards Green Public Procurement (GPP). There are several important (and possibly obscure) terms in this sentence, so our first order of business will be to unpack them. What is Public Procurement Let us start with the term Public Procurement which will be the main domain of interest in this study.
EU Datathon 2022 preselection for the Equinox platform

EU Datathon 2022 preselection for the Equinox platform

We are very happy to announce that our EU Datathon 2022 proposal based on the equinox platform has been pre-selected to enter the formal stage of the competition

Reading Time: 2 min.
What is the EU Datathon? The EU Datathon is an annual Open Data competition organised by the Publications Office of the European Union since 2017. The competitions are organised to create new value for citizens through innovation and promoting the use of open data, in particular the datasets available on the official portal for European data. Every year, EU Datathon calls for innovators from around the world to come up with new ways of using open data to address important societal and environmental challenges, with the condition that they use at least one of the thousands of data sets published on data.
Equinox 0.4 release focuses on green public procurement functionality

Equinox 0.4 release focuses on green public procurement functionality

On Earth Day 2022 we are happy to release a significant update of Equinox, the open source platform supporting sustainable portfolio management

Reading Time: 1 min.
Equinox 0.4 Release Equinox is an open source platform that supports holistic risk management and reporting in the context of Sustainable Portfolio Management. The platform integrates geospatial information with applicable regulatory and industry standards, for example the GHG Protocol (accounting for Project based, Corporate and City-Wide greenhouse gas emissions), the IPCC Emissions Factor database and further reference data, the PCAF attribution methodologies (and more) to provide a holistic view of the footprint of both individual projects and portfolios.
Two New Taxonomies Introduced in the Open Risk Manual

Two New Taxonomies Introduced in the Open Risk Manual

Reading Time: 3 min.
The Role of Open Risk Manual Taxonomies A taxonomy is the categorization of concepts. It can be a very useful tool in supporting effective knowledge management. Fundamentally a taxonomy is a scheme of classification, typically a hierarchical classification, in which things or concepts are organized into groups or types of increasing specificity. Mathematically, a hierarchical taxonomy is a tree structure of classifications for a given set of objects. It is sometimes also named a containment hierarchy.
White Paper 11, Sustainable Portfolio Management of GHG

White Paper 11, Sustainable Portfolio Management of GHG

Reading Time: 0 min.
Open Risk White Paper 11: Sustainable Portfolio Management: Attribution and Allocation of Greenhouse Gas Emissions We develop an analytic framework that synthesizes current approaches to sustainable portfolio management in the context of addressing climate change. We discuss the different required information layers, approaches to emissions accounting, attribution and forward-looking limit frameworks implementing carbon budget constraints. Download Download OpenRiskWP11_021221 Citation @ARTICLE{OpenRiskWhitePaper11, author = {P. Papadopoulos}, year = {2021}, note = {\href{https://www.