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    Carbon Accounting

    Uploaded by

    Gohil Hiral

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Carbon Accounting

    Uploaded by

    Gohil Hiral
    14 views8 pages

    Original Title

    carbon accounting

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    © © All Rights Reserved

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    Copyright:

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    Download as pptx, pdf, or txt
    14 views8 pages

    Carbon Accounting

    Uploaded by

    Gohil Hiral

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    You are on page 1of 8

     Carbon accounting:

     Introduction :

    • Carbon accounting is a special way


    of tracking gases that can hurt the
    environment.
    • Carbon accounting and greenhouse
    accounting is the process of
    quantifying the amount of
    greenhouse gases produced either
    directly or indirectly from a
    business organization’s activities.
    • carbon accounting has been
    conducted voluntarily.
     Scope of carbon accounting:

     Scope 1: Direct emissions


    • Direct emission that are
    owned or controlled by a
    company
    • Emission from sources that an
    organization owns or controls
    directly.
    • Example: from burning fuel in
    the company’s fleet or
    vehicles.( if they are not
    electrically powered).
     Scope of carbon accounting:

    Indirect emission: Indirect emissions that are a consequence of a company's


    activities but occur from sources not owned or controlled by it.

     Scope 2: Indirect emissions  Scope 3: Indirect emissions


    • Emissions a company causes indirectly • All emissions not covered in scope 1 or
    that come from where the energy it 2, created by a company's value chain.
    purchases and uses is produced.
    • Example: When the company buys, uses
    • Example:The emissions caused by the and disposes of products from
    generation of electricity that's used in suppliers.
    the company's buildings.
     Importance:

    Below points will explain to you why carbon accounting is important and how the carbon
    accounting process will keep helping growing companies.

    • Cost Reduction: Identifying and reducing carbon emissions often leads to cost savings.
    Energy-efficient practices, renewable energy adoption, and waste reduction can lower
    operational expenses.
    • Risk Management: Climate change poses risks to businesses and governments, from
    supply chain disruptions to increased insurance costs due to extreme weather events.
    Carbon accounting helps identify and manage these risks.
    • Investor and Stakeholder Relations: Investors and stakeholders increasingly demand
    transparency regarding a company's environmental impact. Carbon accounting provides
    data for sustainability reporting, improving reputation and attracting responsible
    investors.
    • Long-Term Sustainability: Monitoring carbon emissions is essential for achieving
    long-term sustainability goals, such as the Paris Agreement's aim to limit global
    warming to well below 2 degrees Celsius.
     Challenges of carbon accounting:

     Data Accuracy: Gathering accurate data on emissions from various sources,


    such as industrial processes, transportation, and agriculture, can be
    challenging. Errors or incomplete data can lead to inaccurate carbon
    accounting.

     Dynamic Nature of Emissions: Emissions can vary throughout the year and
    over time due to factors like production levels, weather, and technology
    changes. Keeping emissions data up to date is a challenge.

     Verification: Ensuring the accuracy of reported emissions often requires


    third-party verification, which can be costly and time-consuming.
     Challenges of carbon accounting:

     Policy and Regulatory Changes: Frequent changes in carbon accounting


    regulations and policies can make it difficult for organizations to stay
    compliant and consistent in their reporting.

     Technological Advancements: As technology evolves, new methods for


    emissions measurement and accounting emerge, making it challenging to
    keep up with the latest tools and practices.
    Thank you

    Meet & Krunal

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