With increasing pressure from stakeholders – investors, customers, regulators, and communities – businesses must proactively address their environmental impact, with GHG emissions at the forefront. Accurate carbon accounting empowers you to identify and mitigate risks, enabling data-driven decisions that translate to significant emissions reductions, driving both compliance and new avenues for value creation and resilience.
01.
Determine Boundaries
Define what parts of your organisation and value chain are included in the assessment (operations, subsidiaries, etc.).
02.
Identify Sources of Emissions
Pinpoint all activities within your boundaries that generate GHG emissions (direct operations, energy use, value chain).
03.
Select Calculation Approach
Choose the appropriate calculation methods based on data availability and desired accuracy (e.g., spend-based, more detailed data-driven calculations).
04.
Collect Data & Choose Emission Factors
Gather activity data (fuel use, electricity, etc.) and select corresponding emission factors (relating activity to emissions).
05.
Apply Calculation Tools
Perform the emissions calculations.
06.
Create Footprint Report
Aggregate emissions data from all sources to get a comprehensive organisational footprint.
07.
Decarbonisation Planning
Identify opportunities for reduction across operations and supply chain and set targets (ideally in alignment with the Science Based Targets Initiative – SBTi).
To deliver effective carbon management, our team takes a holistic approach that goes beyond simply measuring emissions. We help businesses develop and implement carbon management strategies tailored to their operations, industry, and sustainability goals. This includes identifying sources of carbon dioxide, managing indirect emissions across your supply chain, and improving energy efficiency and the integration of renewable energy solutions. Whether you’re preparing for B Corp certification, reducing your company’s carbon footprint, or aligning with science-dased argets, our expertise ensures you stay compliant, competitive, and on track for a net zero future.
Through our partnerships, we help clients align their strategies with international and local frameworks and Australian Government legislation including Mandatory climate Reposting (MCR) and the Australian Sustainability Reporting Standards (ASRS). Using advanced carbon management platforms, we streamline data collection, carbon reporting, and support regulatory compliance. We also support clients in exploring decarbonisation strategy, setting science-based targets, action plans monitoring and reporting systems for broader ESG and commercial goals..
Partnering with us empowers organisations to take control of their carbon footprint. Our expert team provides the guidance, tools, and support you need to succeed in your carbon accounting journey.
We ensure compliance, drive strategic alignment, build your team’s capability and maximise the value of your investments while benefiting both the planet and its people. Crucially, we bridge the gap between ambitious science-based environmental goals and pragmatic operational and commercial realities, delivering sustainable outcomes that drive your business forward.
Becoming a B Corp is a powerful way to show an organisation’s commitment to meeting the highest standards of verified social and environmental performance, public transparency, and legal accountability, and aspire to use the power of markets to solve social and environmental problems.
Carbon accounting is the process of measuring and reporting an organisation’s greenhouse gas emissions. It involves tracking emissions from various sources, including direct emissions from owned or controlled sources, indirect emissions from the generation of purchased electricity, and other indirect emissions such as those from transportation and supply chain activities.
Carbon accounting is essential because it meets the growing expectations for businesses to have evidence-based practices for assessing material issues, managing impacts, and setting and reporting on targets. Stakeholders, including investors, customers, and regulators, increasingly demand transparency on carbon footprints and net-zero targets. By preparing and complying with carbon accounting practices, your organisation stays ahead of the curve, enhancing its reputation and competitiveness.
The timeline can vary based on your company’s stage of preparedness and fiscal year schedule. It is also influenced by the complexity of your operations and the maturity of your current sustainability reporting practices.
Scope 1 emissions: Direct emissions from owned or controlled sources, such as fuel
combustion in company vehicles or emissions from company facilities.
Scope 2 emissions: Indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Scope 3 emissions: All other indirect emissions that occur in the value chain of the reporting company, including both upstream and downstream emissions, such as business travel, waste disposal, and supply chain activities.
Efficient data management and accurate reporting are essential to effective carbon management. Leveraging the right tools and methodologies supports your journey to net zero by streamlining emissions tracking, meeting reporting obligations, and aligning with your broader sustainability goals.
While not all new businesses are legally required to conduct carbon accounting, doing so proactively can provide cost savings, strengthen brand reputation, and prepare your company for future regulatory compliance. It also sets a strong foundation for engaging with customers, investors, and stakeholders who increasingly value climate-conscious operations.
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