Measuring and Managing Emissions For a Greener Future
As governments, regulators, investors and customers place increasing emphasis on climate change, organisations are expected to understand and disclose their greenhouse gas (“GHG”) emissions with greater accuracy and transparency.
GHG accounting enables organisations to quantify emissions generated from their operations and value chain, providing the foundation for sustainability reporting, climate-related disclosures, emissions reduction strategies and Net Zero planning.
Whether your organisation is responding to regulatory requirements, customer requests or voluntary sustainability commitments, reliable GHG accounting is the first step towards effective climate management.
GreenCo provides professional GHG accounting and carbon footprint assessment services to help organisations measure, manage and report their GHG emissions in accordance with internationally recognised methodologies
Why is GHG Accounting Important?
Understanding your carbon footprint is no longer simply an environmental initiative,—it has become an important aspect of corporate governance, risk management and business strategy.
Comprehensive GHG accounting helps organisations to:
- Meet sustainability reporting and climate disclosure requirements
- Respond to investor, customer and supply chain expectations
- Identify major emission sources and opportunities for emissions reduction
- Support decarbonisation and Net Zero strategies
- Improve operational efficiency through better resource management
- Prepare for future assurance and regulatory developments
- Demonstrate transparency and accountability to stakeholders
For many organisations, GHG emissions have become one of the most closely monitored sustainability performance indicators.
Supporting Evolving Reporting Requirements
Climate-related reporting requirements continue to develop across global markets.
Listed companies are increasingly expected to disclose greenhouse gas emissions as part of their sustainability reporting and climate-related disclosures. Requirements issued by stock exchanges and international reporting frameworks place growing emphasis on transparent, reliable and decision-useful emissions data.
GreenCo supports organisations reporting under a range of recognised sustainability frameworks, including:
Our consultants help organisations establish reporting processes that are practical, robust and capable of supporting evolving disclosure expectations.
International Standard
Greenhouse Gas Protocol
GreenCo applies the principles of the Greenhouse Gas Protocol, the world’s most widely recognised accounting framework for measuring and reporting organisational greenhouse gas emissions.
The GHG Protocol provides internationally accepted methodologies for defining organisational boundaries, identifying emission sources, selecting appropriate calculation approaches and reporting greenhouse gas emissions consistently across reporting periods.
Applying recognised methodologies helps organisations improve data quality, enhance comparability and support future assurance requirements.
Understanding the 3 Main Components
A complete greenhouse gas inventory generally consists of three categories of emissions.
Scope 1 – Direct Emissions
Scope 1 emissions arise directly from sources that are owned or controlled by the organisation, such as fuel combustion, company vehicles and refrigerant leakage.
Scope 2 – Energy Indirect Emissions
Scope 2 emissions arise from the generation of purchased electricity, steam, heating or cooling consumed by the organisation.
Scope 3 – Other Indirect Emissions
Scope 3 emissions cover indirect emissions occurring throughout the value chain, including purchased goods and services, business travel, employee commuting, transportation, waste management and investments.
For many organisations, Scope 3 emissions represent the largest proportion of their overall carbon footprint and often require collaboration across multiple business functions and external stakeholders.
GreenCo provides technical advisory services covering all three scopes, from organisational boundary setting and emissions calculations to reporting and improvement planning.
Our GHG Accounting Services
Operational boundary identification
Emissions inventory development
Baseline year establishment
Scope 2 emissions calculations
Scope 3 emissions calculations
Selection and application of appropriate emission factors
Review of calculation methodologies
Data quality review
Activity data verification
Supporting documentation review
Internal data management processes
IFRS Sustainability Disclosure Standards
GRI climate disclosures
CDP reporting support
Assurance readiness preparation
Emissions reduction opportunities
Climate target development
Net Zero planning support
Our GHG Accounting Methodology
Building a Foundation for Climate Action
Reliable GHG accounting is more than a reporting requirement, it provides the information organisations need to make informed climate-related decisions.
From sustainability reporting and climate disclosures to emissions reduction planning and assurance readiness, GreenCo helps organisations build a robust foundation for effective climate management.
Contact GreenCo today to learn how our Greenhouse Gas Accounting and Carbon Footprint Assessment services can support your organisation’s sustainability journey.
