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What is Carbon Accounting?

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You may be unfamiliar with the term ‘carbon accounting.’ In fact, it has been around for more than 20 years. In 1997, carbon accounting was established under the Kyoto Protocol. The Kyoto Protocol is a treaty written up and agreed upon in an effort to reduce emissions that can alter the climate. Based on these facts, one might assume that carbon accounting is a method for tracking carbon emissions.

So, what is carbon accounting and why is it really important?

Carbon accounting is the process of transforming raw material information and data into a carbon equivalent. That means taking the information and using it to estimate the emissions and greenhouse gasses released from the creation of the process, product, or service and transforming it into the carbon equivalent. The importance lies in the development of a cleaner world.

With a greater understanding of carbon accounting and how it works, the world may make a real impact on the climate change situation.

Understanding starts by seeing examples of the differences made, how the process might help businesses, and how much it costs. Making an effort to develop a system of carbon accounting for your own company might be more beneficial than you think.

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