Carbon accounting
Carbon accounting—also known as greenhouse gas (GHG) accounting—is the process of measuring, tracking, and reporting the amount of greenhouse gases (such as carbon dioxide, methane, and others) that an organization, product, or process emits. The aim is to calculate an organisation’s carbon footprint, which helps businesses, governments and individuals understand and manage their climate impact.
Why do you need to determine and report your greenhouse gas emissions?
- Meet regulatory requirements. Many countries including Australia, mandate GHG emissions reporting for certain organisations. Failing to determine and report emissions can lead to legal or financial penalties and reputational risks.
- Track progress toward your sustainability goals. By quantifying emissions, organisations can set baselines, track reductions over time and measure progress toward net-zero or other climate commitments.
- Prepare for growing requirements from investors and customers. Stakeholders increasingly expect organisations to disclose environmental performance and many investors use GHG data to assess climate risks and opportunities in their portfolios.
- Ultimately, you can't manage or reduce what you don’t measure, reporting GHG emissions is the foundational step for meaningful climate action, compliance and long-term competitiveness.
What are the benefits of determining your greenhouse gas emissions?
- Cost savings and efficiency.
- Regulatory compliance.
- Reduce environmental impact.
- Enhanced reputation and market position.
- Informed investment and strategic decision making.
- Access to Finance and Opportunities.
- Readiness for Future Regulation.
- Supports Innovation.
What can we do?
- Greenhouse gas emissions assessment, in alignment with the GHG Protocol and/or ISO 14064.
- Carbon specific accounting.
- Compliance reporting, ESG, NGERS, Corporations Act 2001 etc.
- Emission reduction strategy.
- Project management.
Determining GHG emissions delivers value through environmental benefits as well as via cost, risk management, compliance, competitive and innovation advantages.
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