What is Carbon Accounting?

Customers, Suppliers, Stakeholders, Boards, Managers, and Business Owners all ask about carbon accounting.

Carbon Accounting is measuring, monitoring, benchmarking and reporting an organisations Greenhouse Gas Emissions in a defined reporting period.

Carbon Accounting is not is a greener form of financial accounting.

How do you perform Carbon Accounting?

First the type and amount of emissions for which the business is responsible is identified and calculated for tCO²-e (tonnes of CO² or equivalent) using internationally recognised methods. The result is a detailed account or inventory of a Businesses Emissions for a defined period in time. This inventory is then used in reporting emissions internally and recommending possible solutions for reduction of the business exposure to the cost of emissions.

We simplify what can be a complex and involved process.

• We Collect and Measure your Carbon Footprint using internationally recognised data collection and emissions data calculation standards from the Greenhouse Gas Protocol (GHG), the latest version of the National Greenhouse Accounts (NGA) Factors released by the Department of Climate Change and other reputable Australian and International sources. The Carbon and Carbon Equivalent Emissions are then reported with relevant business indicators which can be easily understood.
• We Monitor and Report Carbon Emissions across an entire enterprise or supply chain and report those emissions for compliance, analysis and business forecasting.
• We recommend Mitigation Strategies to Reduce Carbon Emissions through recommending performance targets for improved energy efficiency, strategy, action and further measurement.

The 3 Scopes used are defined as:

1. Scope 1: Direct Emissions - emissions from sources owned or controlled by the business.
2. Scope 2: Electricity/Energy indirect emissions - emissions from the generation of electricity/energy which is purchased or imported by the business.
3. Scope 3: Other indirect emissions - emissions from other sources related to the activity of the business.

Note: Scope 3 emissions are optional and some may not be included depending on their size.

Mandatory or Voluntary Reporting

The National Greenhouse and Energy Reporting Scheme (NGERS) is currently in effect with mandatory reporting thresholds for emissions. Is your business over, under or nearing a mandatory reporting threshold under this scheme? Whatever your point of view many suppliers, contracts and investors will require some form of Carbon Emission analysis and reporting.

R2R Consultancy Services Pty Ltd Measures, Monitors and Recommends Business Carbon Emissions with the objective of reducing Emissions and thus reducing costs.