Addressing issues with benchmarks and inconsistent data.
If you received a data quality failure due to an "Outside Industry Benchmark" issue, it means that one or more of your reported values significantly deviate from industry norms. This could indicate missing, incorrect, or misaligned data.
What This Means
Your reported emissions intensity, revenue, or margins fall outside expected industry ranges. This could be due to:
- Emissions Intensity Mismatch: Your Scope 1, 2, or 3 emissions appear too high or too low compared to industry benchmarks.
- Revenue or Margin Discrepancies: Your reported financial data suggests unrealistically high or low margins, which could indicate missing expense data.
- Incomplete or Incorrect Inputs: Missing or inaccurate fuel, electricity, or spending data may be causing inconsistencies.
How to Fix It
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Review Your Emissions Data
- Check that your reported emissions for Scope 1, 2, and 3 are complete and aligned with industry benchmarks.
- Click here to understand how your benchmark is calculated.
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Verify Scope 1 & 2 Data
- Ensure all fuel, electricity, and utility consumption is accounted for and correctly categorized.
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Check Revenue and Margins
- Make sure your reported revenue and expenses are complete and correctly entered.
- Unrealistic margins (e.g., excessively high profits) may indicate missing cost data.
- Click here to learn about implied margins and how they’re calculated.
If you’re unsure about how to correct your submission, please contact our support team at support@emitwise.com or via the chat.