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Why Does Carbon Accounting Matter?
The Importance of Measuring and Managing Emissions
Carbon accounting is essential for companies that want to reduce emissions, comply with regulations, and demonstrate environmental responsibility to stakeholders.
Key reasons carbon accounting matters:
- Compliance and Transparency: Investors, regulators, and stakeholders expect businesses to track and report their carbon emissions.
- Benchmarking and Comparability: When aligned with global frameworks, carbon accounting allows for consistent, transparent benchmarking across industries.
- Business Benefits: Effective carbon accounting can lead to cost efficiencies, brand value enhancement, and improved stakeholder engagement.
By embedding carbon accounting into your operations, you ensure that your company is taking meaningful steps toward sustainability.