Carbon Accounting
Carbon accounting is the process of measuring, tracking, and reporting an organization’s greenhouse gas (GHG) emissions, much like financial accounting tracks a company’s financial performance. It quantifies an organization’s total carbon footprint by using data from activities like energy consumption and transportation, converting them into tonnes of carbon dioxide equivalent (\(tCO_{2}e\)). This process helps organizations understand their climate impact, manage risks, set reduction goals, and comply with regulations.
