Understanding Your Impact on Climate Change - Greenhouse Gas Accounting

Understanding Your Impact on Climate Change - Greenhouse Gas Accounting

Published January 24, 2024

2 minute read

Greenhouse Gas Accounting is a hot topic – and for good reason. Between 1990 and 2022, the warming effect on our climate caused by the release of greenhouse gases (GHG) increased by 49%. And it’s still rising 

Most of this damage - nearly 80% - is caused by the release of Carbon dioxide (CO2) 

A huge proportion of CO2 emissions are caused by industry, with fossil fuel consumption, transport, manufacturing and construction topping the list 

Greenhouse Gas Accouting Software

Using this emissions calculator I analysed my own annual carbon footprint; an estimated 6.5 tonnes of CO2 per year (with my biggest contributors being shopping and home energy, closely followed by food). By comparison, the global transport industry alone is responsible for 7.29 billion tonnes of CO2 emissions annually 

Whilst we all have a responsibility to reduce our carbon footprint (shopping less in my case), conscious decisions made at an industry and organisational level can make a real difference to our environment.  

Changes to business operations and supply chains can significantly reduce the GHG released into our atmosphere and help to slow global warming.  

According to experts, measuring your emissions is the first step to managing them. 

What is Greenhouse Gas Accounting? 

Greenhouse gas accounting is the official term for measuring your greenhouse gas emissions – or carbon footprint. 

A corporate or organisational greenhouse gas emissions assessment calculates the total amount of greenhouse gas produced, both directly and indirectly, from your organisation’s activities. The results provide you with a basis for understanding and managing the impact your organisation has on the environment and climate change. 

Carbon Accounting forest and globe

Why is Greenhouse Gas Accounting important?

Accounting for your organisation’s greenhouse gas emissions is increasingly seen as a standard requirement for business today.

Key drivers for corporate GHG accounting include mandatory GHG reporting in directors’ reports, investment due diligence, shareholder and stakeholder communication, staff engagement, green messaging, and tender requirements for business and government contracts. 

Greenhouse Gas Accounting from EcoOnline

Our analysts have completed over 1,000 carbon assessments, and have helped the ESG sector develop from one-off footprinting projects to the professional discipline of Greenhouse Gas Accounting that we see today. 

Calculating your carbon footprint is increasingly seen as a standard requirement for conducting business worldwide. 

 We offer this service to clients through a range of analytical solutions, such as organisational GHG Accounting, compiling product greenhouse gas inventories, developing bespoke calculation tools for the web and our web-based Greenhouse Gas Accounting service. 

Powerful Greenhouse Gas Accounting in six easy steps  

Our Sustainability Reporting System powered by Ecometrica makes measuring your climate impact simple.

key-features icon greenAssessment set-up

One of our experienced analysts will help you set up your assessment, which covers the time period you want to look at, the parts of your organisation you want to include, and the emission sources that will be evaluated. 

key-featuresCollecting data 

Our software features automated meter data collection, spreadsheet upload and existing systems integration to make the data collection process as easy as possible. It also lets you manually enter data in whichever units are easiest for you. The data entry page is intuitive and user-friendly, and there is additional online help on hand if you need it.

key-features icon greenCalculating emissions 

When it comes to the calculations, you don’t have to do a thing! The calculation engine automatically selects the most geographically and time-specific emissions factors and calculates the results as you go. 

key-featuresQuality Assurance 

Once you’ve entered your data, an experienced analyst will check what has been entered, so you can have complete confidence in the results. 

key-featuresViewing results 

Our system automatically creates a number of charts and diagrams to help you understand your results, and compare emissions over time. For complete transparency and auditability, you can also download all your results in an Excel spreadsheet which contains all the data and emission factors used in your assessment.

key-features icon greenReporting 

Our software automatically generates PDF reports in accordance with major reporting standards such as the GHG Protocol, ISO 14064-1, and the CDP Investor Questionnaire. 

Interested? Find out more about our GHG Accounting Solution

Author Helen Down

Helen has worked within the health and safety industry for nearly a decade and has a background in growth marketing within the SaaS space. Throughout her career, she has written extensively about health and safety, risk, legislation, and lone working.

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