Carbon accounting refers to the discipline of measurement and accounting techniques that serve to measure the carbon footprint of an organization or individual, and the trading of carbon credits or offsetting techniques involved in this domain.
Carbon accounting is a necessary step in establishing a quantifiable groundwork for carbon-related legislature and decision making.
Scientific institutions provide an international regulatory framework for all organizations to be measured under the same standards, such as:
The cooperation of these institutions in creating a universal regulatory framework helps prevent “greenwashing”, where companies claim to be more green than they are. Carbon accounting also includes the business of carbon credit trading for states and businesses.
What is the ESRS, or European Sustainability Reporting Standards, how does it work, why is it important, and how can the U.S. take note of the ESRS to improve upon their own sustainability reporting standards?
Going carbon neutral? Discover why sophisticated carbon tracking and reporting are essential steps to succeed in your climate journey.
In this article, we’ll explore five of the leading carbon management software platforms available today. Whether you're looking to measure your carbon footprint, create actionable decarbonisation plans, or meet regulatory requirements, these tools can help you build a more sustainable future.
