Understand what carbon accounting is and how it's applied, so you can implement it in your own role.
Carbon accounting quantifies the number of greenhouse gasses produced by a company or organization to provide a better understanding of their carbon footprint. Carbon accounting also measures which part of a company's operation is responsible for the emissions. This final output is known as the organization’s greenhouse gas inventory — or carbon footprint.
With carbon accounting, organizations can make accurate assessments of where to concentrate their efforts at decarbonization. Carbon accounting is the essential language through which investors, businesses, finance and accounting professionals can speak to one another about climate change.
Measuring the carbon footprint of an organization means it can be managed and reduced, which helps achieve some of the goals of tackling climate change at an organizational level.
This webcast will be useful to a number of accounting and finance professionals who want to implement it internally within their organization or within an accounting firm looking to provide assurance or advisory services.
Learning Objectives
- Recognize what carbon accounting is and the key drivers.
- Learn how to calculate carbon emissions and the different calculation methods involved.
- Recall what the GHG Protocol is.
- Identify what inventory boundaries are.
- Recognize what GHG emission scopes are (scopes 1, 2, 3).
Major Topics
- Carbon accounting
- Inventory boundaries and scope 1, 2 & 3 emissions
- Different approaches to carbon accounting
- How to categorize emissions
- Calculate emissions
