data accuracy and timeliness

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Bite-Sized Briefing: Data Accuracy and Timeliness

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Page 1: Data Accuracy and Timeliness

Bite-Sized

Briefing:

Data Accuracy

and Timeliness

Page 2: Data Accuracy and Timeliness

68,000 users across the globe

21 partners worldwide

14 million tCO2 monitored

Page 3: Data Accuracy and Timeliness

Today’s topics

Too much data?

Common functionality wins

Accurate data, not workload

Be sure of your data

Three big ideas

Page 4: Data Accuracy and Timeliness

“Another spreadsheet to fill in?

BRILLIANT.”

Nobody

Page 5: Data Accuracy and Timeliness

Do you have too much data?

Everyone has heard the jokes about big data being done well

The adage of “just because you can, doesn’t mean you should” also applies to CSR data

Beware of data point fatigue

Page 6: Data Accuracy and Timeliness

Mary has to collect monthly

energy data from 300 sites.

20% of sites use LPG.

16% of sites use Fuel Oil.

23% of sites use Green Electricity.

60% of sites use Gas.

Every month, Mary collects 1,500

consumption numbers.

843 of those numbers are zeroes.

Page 7: Data Accuracy and Timeliness

Common functionality wins

Ask the right person the right question

Use trend and fluctuation parameters

Never let a data supplier validate their information

Page 8: Data Accuracy and Timeliness

Karl, Andrea and Sammy all

submit environmental data.

Karl’s energy consumption hasn’t

changed for nearly 4 months.

Andrea’s numbers have spiked by 20%

this month, but are less than 1%

different to the same time last year.

Sammy has to approve his data and it

has never been incorrect.

Page 9: Data Accuracy and Timeliness

Accurate data, not workload

Keep the data you collect aligned with your reporting requirements

Just because you’ve always asked for some data, doesn’t mean you should keep asking for it

Show the data in use, and it will become more usable

Page 10: Data Accuracy and Timeliness

Danny enters his site’s GHG

figures annually.

He completes five questions on scope 3,

though nobody reports on them.

He enters 2 values for VOC emissions, but

he doesn’t know if they are right.

He knows the scope 2 data is correct

because it appears in his GHG dashboard.

Page 11: Data Accuracy and Timeliness

Be sure of your data

Actively engage you data suppliers and validators

Make sure that data moves in both directions

Before you make decisions with your data, ask questions of your data

Page 12: Data Accuracy and Timeliness

Molly manages the company

CSR data submissions.

She makes sure that regional managers

have objectives based on CSR data.

She provides a monthly dashboard

report to the regions showing their

progress against targets.

She makes sure that the data is audited

before it goes into the annual report.

Page 13: Data Accuracy and Timeliness

Three big ideas

Ask the right questions, not lots of questions

Make sure you’re using data workflows to make your life easier

Never ask a data supplier to approve their own data

Page 14: Data Accuracy and Timeliness

Any questions?

(no math questions please)

Page 15: Data Accuracy and Timeliness

Contact

[email protected]

@joeajones

linkedin.com/in/joeajones