Get Started on Decarbonisation with Carbon Emissions Accounting.
Be aware and be prepared; greenhouse gas (GHG) accounting and climate change
related disclosure is an emerging requisite across governments, investors and financial stakeholder groups to access capital markets, maintain key relationships and demonstrate company legitimacy in sustainability management.
Our GHG accountancy practice offers a proven methodology for establishing a GHG emissions baseline, the first step in developing a carbon footprint reduction strategy and transitioning to carbon neutral.
We work closely with our clients to develop and deliver complete sustainability solutions and achieve net zero targets.
What is Greenhouse Gas (GHG) Accounting?
GHG accounting – or carbon accounting – is the process of measuring and quantifying a company’s GHG emissions, both direct and indirect.
Accounting for GHG emissions is increasingly becoming a standard requirement for business – whether for compliance with the Australian Government’s Climate Active program, supply chain pressure or tender requirements or as the basis for developing a carbon reduction strategy.
Qualified personnel, known as ‘GHG accountants’ accurately capture and report on a company’s emissions.
Once benchmarks are set relative to a company’s individual characteristics (eg industry sector and size), a GHG accountant can ascertain the extent of an organisation’s emissions as per the scopes being assessed. This data can then be used to make recommendations on emissions reduction strategies.
Scientifically measuring and quantifying scope 1, 2 and 3 emissions, and conducting full life cycle assessments of products and services, considering all upstream and downstream components of the supply chain.
Collating company activity metrics, utilising internal resources and purpose-built technology to establish a baseline GHG inventory and convert the metrics gathered into carbon emissions to gauge an estimated amount of carbon per activity metric.
Conducting energy audits to optimise energy performance and productivity while reducing consumption and expenditure, as well as reducing their environmental impact. This includes scoping opportunities for renewable energy systems.
Implementing energy monitoring systems that reduce the need for manual intervention, ensuring processes are streamlined and reporting capabilities are enhanced.
Exploring opportunities for eco-efficiency, process modifications, sequestration, cleaner production or process optimisation.
Our Process at a Glance – Greenhouse Gas Inventory and Carbon Accounting.
Our highly qualified and experienced team of GHG accountants use proprietary datasets, systems and methodologies to accurately capture and report on a company’s emissions. This work is done in accordance with international standards including the Greenhouse Gas Protocol Standard and National Greenhouse Gas and Energy Reporting Scheme (NGERS).
At a high level and subject to each company’s unique operating circumstances, we approach GHG accounting by:
Providing transparent and auditable emissions reporting which can be replicated for future reporting periods.