Greenhouse Gas (GHG) Accounting
Companies are increasingly tracking and disclosing their GHG (or carbon) emissions. Climate change is a key environmental issue, and many responsible companies account for their carbon emissions, setting targets for reductions over time. Investors are increasingly requesting companies to disclose their policies towards climate change, and GHG emissions data. The Carbon Disclosure Project, now known as CDP has now combined their requests for this information with DJSI.
Climate change represents a business risk and opportunity for many companies. Risks include increased costs for high carbon fuels, increased flooding risks and extreme weather events. Opportunities include developing products/services that reduce carbon intensities.
As a consequence, businesses and organisations are faced with the need to adapt and mitigate negative effects of climate change to their supply chains.
Whether you are required by legislation to report or wish to voluntarily disclose your emissions, we can help you in three main ways:
1. GHG Accounting and reporting
Greenhouse gas (GHG) emissions accounting involves quantifying your organisation’s emission sources from direct and indirect sources. Also known as carbon footprinting, this tool can also be applied to quantify emissions from your product or service life cycle.
With the closer alignment of Greenhouse Gas (GHG) Protocol and G4 Reporting Guidelines, we will help you design a GHG inventory tailored to your business and report your performance clearly.
2. Emissions reduction strategy
With a GHG inventory in place, we can further help your organisation set improvement targets and management plans to reduce its emissions over the long term. We approach strategy development by working alongside your people, understanding issues on the ground and providing informed and practical recommendations.
3. Guidance on GHG accounting standards
Don’t know where to start? With various GHG accounting standards and information sources available, organisations can feel overwhelmed and confused before even starting.
We can help your organisation by straightforward guidance on the use of GHG Protocol Corporate Accounting and Reporting Standard and clarify similarities and differences with other standards such as the BSI’s PAS 2050 and ISO 14064 and ISO 14067. We also provide training to build internal capabilities and understanding.
Through our services, you will be empowered to decide which standard or information source best fulfills your carbon footprinting requirement.
Talk to us to find out more.