What is a GHG inventory? A greenhouse gas inventory is a type of sustainability reporting that offers a full account of all GHG emissions and removals from a company or entity over a given period of time. It compiles data on all of the primary greenhouse gases from both direct emissions ...
It is an essential part of measuring and managing an organization'scarbon footprint-- the total GHG emissions released into the atmosphere because of human activities. Carbon accounting allows individuals and organizations to measure the environmental impact of carbon emissions from their various activiti...
In 2021, IBM committed to net zero GHG emissions by 2030 and aims to procure 75% of the electricity it consumes worldwide from renewable sources by that same year. It also hopes to reduce emissions by 65% by 2025. IBM provides several sustainability management software products. Here is a ...
A net-zero gainof greenhouse gases (GHG) in the atmosphere would be achieved when the level of GHG emissions released into the atmosphere is equal to the level of emissions that are removed. This is also referred to as “carbon neutrality.” ...
Conduct a comprehensive GHG emissions inventory following established protocols like theGreenhouse Gas Protocolto determine your organization’s carbon footprint. This involves measuring emissions from direct sources (Scope 1), indirect emissions from purchased electricity (Scope 2), and other indirect emiss...
As the Greenhouse Gas Protocol itself puts it: “Developing a full [greenhouse gas] emissions inventory – incorporating Scope 1, Scope 2 and Scope 3 emissions – enables companies to understand their full value chain emissions and focus their efforts on the greatest reduction opportunities”. ...
Scope 2 emissions represent indirect greenhouse gas emissions associated with purchased electricity, steam, heating and cooling used to power company operations. These emissions, although physically occurring at the facility where they are generated, are included in an organization’s...
Net zero emissions targets are set based on a comprehensive understanding of a country’s or organization’s GHG emissions and the capacity to reduce and offset them. The first step is to conduct a baseline emissions inventory, orcarbon accounting, by calculating the current level of GHG emission...
Carbon-equivalent emissions, often termed as carbon emissions or carbon footprint, measure total greenhouse gas (GHG) emissions, converted into carbon dioxide (CO2) equivalents, considering varying global warming potentials (GWPs) of GHGs (e.g., methane and nitrous oxide) over a specific timeframe...
The data required to calculate GHG emissions is often scattered across various internal systems throughout the organization, many of which can be incompatible. In addition, the data might be held by suppliers that don’t have systems and processes in place to share data. To help ensure a compl...