Enterprise Carbon Accounting: The quest for unprecedented transparency

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Courtesy of Verisae

Enterprise carbon accounting (ECA) is an essential requirement for companies and will likely become necessary due to government legislation. No longer is it permissible for a company to look within its borders, but it must look at its overall environmental responsibilities and accurately gauge and measure carbon production and emission caused by its very existence. Financial data must be directly linked through lifecycle assessments enabling action to be taken to help reduce greenhouse gas emissions.

Calculating a complete greenhouse gas (GHG) inventory is a daunting task unless the carbon information is readily available and easily managed in a central database that tracks emission sources to the asset level. In most cases, the emissions related data may come from many different parts of your organization. This leads to communication challenges and hidden carbon emission sources. The use of an enterprise carbon accounting (ECA) is paramount to assembling the carbon inventory with efficiency.

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