Carbon Accounting: A Masterclass
About This Class
Carbon accounting is important to your business for a number of reasons. No longer just a ‘nice-to-have,’ accounting for greenhouse gas emissions is an increasing industry-standard requirement for many businesses.
Businesses that are leading the way in fighting the adverse effects of climate change have a few things in common. One fundamental element they have in common is their use of carbon accounting tools to make better decisions concerning their carbon strategy, while steering them away from choices that have a lesser potential impact on achieving their carbon reduction goals.
Corporations are increasingly turning to carbon accounting and internal carbon pricing, with new research from the CDP revealing nearly half the world's largest companies have internal carbon fees.
As corporations strive to become carbon neutral while accurately reporting on their carbon reduction efforts, what exactly is carbon accounting, and why should your business care about it?
In this course, the we cover the fundamentals of carbon accounting and why it’s important to you.
Carbon accounting not only provides the insight needed to quantify and measure your company’s carbon emissions but it also assists you in making informed decisions when it comes to your carbon and mitigation strategies.
- What is the total amount of carbon being emitted?
- What part of the business or value chain is responsible for these emissions?
- Where do the most significant carbon reduction opportunities exist within your various business units and value chain?
- How to manage your carbon footprint
What will you learn?
The key concepts and fundamentals of carbon accounting. We cover the fundamental topics split into sessions between 4 and 7 minutes.
- The birth of Carbon Accounting
- The basic principles of carbon accounting
- Official inventories: the territory-based approach
- Voluntary inventories: the "footprint" approach
- Monetary inventories: what IS the cost of a tonne of CO2?
- What are carbon offsets
- Strategies for managing your carbon footprint