Solid carbon accounting strengthen confidence in companies in the capital market.
The importance of accurate and thoughtful carbon calculations
Carbon footprint calculations are becoming an increasingly central aspect of communication with the capital market and other stakeholders. By providing a transparent view of your company's emissions to investors and clearly outlining your efforts to reduce them, you strengthen your position as a responsible player in the market. As carbon emissions reporting garners more attention, companies have the opportunity to build trust by investing in precise and well-founded carbon footprint calculations.
Frameworks for carbon accounting
There are several different frameworks used for calculating emissions, and two well-known ones are the Greenhouse Gas Protocol (GHG Protocol) and the ISO standard. These standards have many similarities, but there are also some differences in how emissions are categorized. The GHG Protocol employs a distinction between organizational and operational boundaries. Reporting is divided into three different scopes: Scope 1, Scope 2, and Scope 3. This protocol has established itself as a recognized and comprehensive method for emissions calculations and is widely used in the business world. At AVA, we have extensive experience in supporting companies in their sustainability efforts, where emissions calculations play a central role. We understand the challenges and complexities that companies face when conducting emissions calculations, and we are ready to assist you with this crucial work.