Businesses play a crucial role in helping the global community achieve the ambition of net-zero emissions by 2050. In the near future, many new legal requirements, taxes, and regulations related to Carbon Accounting and sustainability reporting will impact the business world. It is wise to be prepared when these requirements come into effect.
Carbon Accounting provides businesses with valuable insights into their own environmental impact. It highlights which activities result in greenhouse gas emissions. Therefore, Carbon Accounting reveals where a company should focus its efforts and implement measures for carbon-positive impact.
Carbon Accounting makes it easier to compare the company's emissions with other company's both nationally and globally. It is particularly useful to compare performance at the industry level against similar businesses with comparable operations and products.
Carbon Accounting displays a company's total climate impact and serves as a vital tool to showcase emission reductions over time. Carbon Accounting is a critical starting point for communicating a company's specific improvements and its positive carbon impact over time.