Calculation changes
Events: HCMI 2024 Methodology is Now Live
Notable Changes
We’re excited to announce that the Hotel Carbon Measurement Initiative (HCMI) 2024 methodology for Events is now live in SQUAKE.
What is HCMI 2024?
The HCMI 2024 methodology provides standardized guidance for calculating carbon emissions from hotel stays and event-related activities, ensuring alignment with industry best practices and global reporting standards.
Source
You can access the official HCMI 2024 methodology documentation here:
HSBI 2024 – Cornell eCommons
What’s Included
- Support for event-based carbon calculations
- Updated emission factors and logic according to HCMI 2024
- Improved alignment with Scope 3.15 reporting needs
This update ensures your event-related carbon reporting is consistent, transparent, and compatible with the latest global guidelines.