What is carbon management ?

‍Carbon management refers to a series of techniques or practices that control the release of greenhouse gasses related to human activities into the atmosphere. 

Carbon management refers to a series of techniques or practices that control the release of greenhouse gases related to human activities into the atmosphere.

Carbon management involves a wide array of strategies, practices, and technologies used by individuals, businesses, and governments to measure, reduce, and control greenhouse gas (GHG) emissions. The goal of carbon management is to provide organizations with greater insight on the impact of their business activities and adjust their operations accordingly to align with climate targets set by international agreements such as the Paris Agreement.

Following precise measurements of scope 1, 2, and 3 carbon emissions – organizations are then allotted the information required to develop personalized and approachable emission reduction targets. This can include utilizing renewable energy, implementing energy efficiency, redesigning supply chains, and optimizing the use of low-carbon materials and technologies.

Carbon management has become an integral component across several regulatory frameworks such as the ESRS, CSRD, and SEC disclosure rules. As a whole, carbon management benefits companies long-term, as it allows for improved brand reputation, engages stakeholders, boosts investor confidence, and reduces long-term operational risks.

FAQ

What is the goal of carbon management? 

The concept of carbon management can involve the whole domain of understanding where a company’s emissions come from, and how to reduce them in the long term. The first step to effective carbon management is by carrying out a carbon footprint assessment, in order to see the main areas in which your activities are polluting the most, and which actions can make the most difference. 

To learn more about carbon management, check out Greenly’s blog article on the subject. 

Why is carbon management important?

Carbon management is important as it helps businesses reduce emissions, comply with sustainability regulations, meet stakeholder expectations, and transition to a low-carbon economy.

What are the main steps in carbon management?

The main steps involved in carbon management include measuring scope 1, 2, and 3 emissions, setting reduction targets, implementing effective reduction strategies, and tracking and measuring that progress accordingly with transparency.

How does Greenly support carbon management?

Greenly supports carbon management as our platform is designed to make monitoring, measuring, and managing your organization’s emissions easy – with the help of simplified emissions tracking, automated data collection, and personalized reduction strategies – all of which also help to ensure compliance with regulations like the ESRS and CSRD.