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Carbon Accounting

In: Business and Management

Submitted By lindaklindakhan
Words 765
Pages 4
What is carbon accounting?
Carbon accounting is measuring, monitoring, benchmarking and reporting an organizations green house gas emission in a given accounting period. Carbon Accounting is not is a greener form of financial accounting.

How do you perform Carbon Accounting?
First the type and amount of emissions for which the business is responsible is identified and calculated for tCO²-e (tonnes of CO² or equivalent) using internationally recognised methods. The result is a detailed account or inventory of a Businesses Emissions for a defined period in time. This inventory is then used in reporting emissions internally and recommending possible solutions for reduction of the business exposure to the cost of emissions.

We simplify what can be a complex and involved process.

* We Collect and Measure your Carbon Footprint using internationally recognised data collection and emissions data calculation standards from the Greenhouse Gas Protocol (GHG), the latest version of the National Greenhouse Accounts (NGA) Factors released by the Department of Climate Change and other reputable Australian and International sources. The Carbon and Carbon Equivalent Emissions are then reported with relevant business indicators which can be easily understood. * We Monitor and Report Carbon Emissions across an entire enterprise or supply chain and report those emissions for compliance, analysis and business forecasting. * We recommend Mitigation Strategies to Reduce Carbon Emissions through recommending performance targets for improved energy efficiency, strategy, action and further measurement.
The 3 Scopes used are defined as:

Scope 1: Direct Emissions - emissions from sources owned or controlled by the business.
Scope 2: Electricity/Energy indirect emissions - emissions from the generation of electricity/energy which is purchased or imported by the business.
Scope 3:

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