Carbon reporting: KPIs and resources for success

Added on 01 November 2024

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Carbon reporting: KPIs and resources for success

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Most controlled environment agriculture (CEA) businesses know the importance of tracking their operation’s key performance indicators (KPIs). Keeping tabs on metrics like cost per pound or area can help businesses gain valuable insight into operational efficiencies and allow them to easily compare their results against industry benchmarks and peers.

As legislators and utility providers make decarbonization a priority in both policy and energy production, CEA businesses should also turn to carbon KPI tracking as they aim to reduce their carbon footprint. For example, Maryland’s energy efficiency programs “are now going to be required to meet carbon [reduction] goals in addition to those for energy reduction,” says Frank Molander, C&I Market Development Lead at ICF, an RII-member organization. This means that the Commission and utilities will be determining carbon-related target KPIs for utility-funded programs. The question then becomes: how can indoor farms and greenhouses be a part of meeting these new carbon KPIs.