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Guidance on Data Accuracy Assessment

K
Written by Karolína Skarabellová
Updated over a month ago

Data Accuracy in Greenometer

Accurate input data are essential for credible CO₂ footprint calculations. Sustainability data may come from different sources—such as invoices, ERP exports, suppliers, or estimates—and their reliability can vary.

To ensure transparency, comparability, and audit readiness, every data entry in Greenometer must be assigned a Data Accuracy Level.

The selected accuracy level represents the expected deviation between the reported and actual value, based on the quality and origin of the data source.


Data Accuracy Levels

High Accuracy (± 5%)

Description
Data based on primary, verifiable records.

Typical sources

  • Energy and utility invoices

  • Metered readings

  • Exports from accounting, ERP, or energy management systems

  • Audited third-party reports

Use when
Data are complete, directly measured, and internally or externally validated.


Good Accuracy (± 15%)

Description
Data based on reliable secondary sources provided by third parties.

Typical sources

  • Annual or monthly summaries from suppliers

  • Reports from landlords or facility managers

  • Verified statements without direct company-level metering

Use when
Primary documents (invoices or direct measurements) are unavailable, but data are supported by credible external documentation.


Fair Accuracy (± 30%)

Description
Data based on partial information, estimates, or calculated assumptions.

Typical sources

  • Averages calculated from incomplete months

  • Internal estimates based on historical data

  • Facility-level or operational approximations

Use when
Some input data are missing and estimates are required to complete reporting.

Note
All estimated values must be clearly marked and supported by calculation logic.


Poor Accuracy (> 30%)

Description
Data based solely on benchmarks or generalized assumptions, without primary documentation.

Typical sources

  • Industry or sector benchmarks

  • Default emission factors

  • Assumptions derived from comparable sites

Use when
No actual consumption data are available. This level should be used only as a last resort to avoid data gaps.

Note
Always flag this clearly in Greenometer and document the rationale for the estimate.


How to Select the Correct Data Accuracy Level

  1. Review the data source
    Identify where the value comes from: invoice, system export, supplier statement, or estimate.

  2. Compare with the definitions above
    Match the source type and reliability to the appropriate accuracy level.

  3. Select the accuracy level in Greenometer
    High (±5%), Good (±15%), Fair (±30%), or Poor (>30%).

  4. Document supporting evidence
    Upload or reference relevant files (invoice, supplier email, calculation sheet).

  5. When in doubt, choose the lower accuracy level
    A conservative approach ensures transparent and reliable reporting.


Example

Situation

Data Source

Assigned Accuracy

Explanation

Monthly energy invoices for all months

Utility provider

High ± 5%

Direct metered data

Annual district heating total

Supplier statement

Good ± 15%

Verified but not metered by the company

Two months missing, estimated using averages

Internal calculation

Fair ± 30%

Partial estimation used

No data available, benchmark applied

Industry average

Poor > 30%

Approximation only


Supporting Documentation

Acceptable evidence by accuracy level includes:

  • High – Invoices, metered readings, ERP or system exports

  • Good – Supplier reports or third-party statements

  • Fair – Internal calculation files and estimation logs

  • Poor – Benchmark references and explanatory notes

All supporting materials must be stored in Greenometer for audit, assurance, and review purposes.

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