Carbon accounting and business sustainability
Climate change and business imperatives
With the threat of climate change coming to the fore, decarbonisation becomes critical in the global effort to reduce the devastating effects of greenhouse emissions. As the push for a low-carbon economy ramps up around the world, businesses need to demonstrate clear leadership on climate action and find ways to ensure a greener future.
Although greenhouse gas (GHG) emissions occur naturally, many business activities increase emission levels, releasing large amounts of destructive gases into the atmosphere, thus causing global warming and a climate crisis.
To make a meaningful change towards a more sustainable future driven by a credible plan to get to net zero, businesses need to identify what activities release GHG emissions and calculate how much they contribute. This is where carbon accounting steps in.