Integrating ESG Management with Watershed

  • Release version: Washingtondc
  • Updated February 1, 2024
  • 2 minutes to read
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    Summary of Integrating ESG Management with Watershed Environmental, Social, and Governance Management

    Watershed is a tool designed for organizations to measure, reduce, and report on their carbon emissions and renewable energy impact. It allows ESG Management users to calculate Scope 1, 2, and 3 emissions, which are essential for understanding greenhouse gas emissions from various sources within a company.

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    Key Features

    • Data Management: Watershed maintains data in spreadsheets, which ESG Management program managers must import into the ESG Management application.
    • Integration Requirements: Activate the Watershed Integration for ESG plugin and configure metric integrations. The importadmin role must be added to the sngrcmetric.admin role to enable data import.
    • Metric Definitions: Metrics can be created manually or automatically, with frequency and units defined in the metric definition. The ServiceNow AI Platform supports importing carbon emissions and renewable energy data by default.
    • Data Mapping: Users can create data mappings for importing additional data types beyond the default configurations.

    Key Outcomes

    By integrating Watershed with ESG Management, organizations can efficiently manage and report their sustainability metrics, ensuring accurate tracking of emissions and resource usage. Successful data import enables organizations to streamline their ESG reporting processes and enhance overall sustainability efforts.

    Watershed is a tool that enables organizations to measure their carbon emissions and renewable energy and its impact. It also enables organizations to act to reduce emissions, and to report on the progress to reduce their carbon footprint.

    ESG Management users can use Watershed to calculate their Scope 1, 2, and 3 emissions for their business. A company’s greenhouse gas (GHG) emissions are classified into three Scopes. The following table explains the difference between each Scope.
    Table 1. Difference between Scope 1, 2, and 3 emissions
    Scope 1 Scope 2 Scope 3
    Direct GHG emissions from the following sources:
    • Fuel combustion
    • Emissions from company vehicles
    • Emissions from chemical production in owned or controlled process equipment
    • Fugitive emissions
    Indirect emissions from the following sources:
    • Purchased electricity
    • Heat and steam.
    Indirect emissions from the following sources:
    • Purchased goods and services
    • Business travel
    • Employee commuting
    • Waste disposal
    • Use of sold products
    • Transportation and distribution (up- and downstream)
    • Investments
    • Leased assets and franchises

    Watershed maintains its data in spreadsheets and provides those spreadsheets to the ESG Management program manager. As an ESG Management program manager, with the role sn_esg.program_manager, you must import the data from the spreadsheets into the source tables in the ESG Management application. The source tables are then specified in the metric definitions in a ServiceNow instance.

    To use the features of Watershed, you must activate the Operational Sustainability Integration with Watershed plugin and configure the metric integrations.
    Note:
    • To successfully import data, you must add the import_admin role to the sn_grc_metric.admin role.
    • Only automated metric definitions with External source as the Method type support data import. If you already have a manual metric definition in your system, you must change its Type to Automated and the Method type to External source before you can import data. For more information, refer to Create an automated metric definition.

    Before you import data from the spreadsheets, you can either create the metric definitions or you can rely on the system to create placeholders and add the details later.

    The metrics are generated based on the frequency that you have defined in the metric definition. The metric values, along with their units, are displayed on the metrics related list in the metric definition. The values are then rolled up based on the formula specified in the metric definition.
    Note:
    You can convert any metric data into a preferred reporting unit.
    By default, the ServiceNow AI Platform provides the following data that you can import from Watershed.
    • Carbon emissions
    • Renewable energy
    • Non-renewable energy

    You may also want to import other data such as water usage or waste disposal. To import other types of data, you can use the Metric integrations to import your data.