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Carbon accounting refers to the discipline of measurement and accounting techniques that serve to measure the carbon footprint of an organization or individual, and the trading of carbon credits or offsetting techniques involved in this domain.
Carbon accounting is a necessary step in establishing a quantifiable groundwork for carbon-related legislature and decision making.
Scientific institutions provide an international regulatory framework for all organizations to be measured under the same standards, such as:
The cooperation of these institutions in creating a universal regulatory framework helps prevent “greenwashing”, where companies claim to be more green than they are. Carbon accounting also includes the business of carbon credit trading for states and businesses.
What are rocket launches, and is it possible for them to become greener or more sustainable to avoid negatively impacting the environment or from producing excessive emissions or amounts of black carbon?
What are scope 4 emissions, how do they differ from scope 1, scope 2, and scope emissions – and how difficult and scope 4 emissions to measure, monitor, and reduce?
What is OSFI, or the Office of the Superintendent of Financial Institutions, and how will the new guidelines released by OSFI on climate risk management help OSFI to continue curating a trustworthy financial industry for Canadians?
