Market Insight: The Future Of Carbon Accounting
27 Jan, 2023
Access this research
Access all Carbon Management Software content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
Carbon accounting is the mechanism that organizations use to measure and quantify emissions. The rise of net zero as a business priority has called into question the suitability of current carbon accounting methodologies, in light of stakeholder demands to improve carbon data accessibility and provide evidence of decarbonization progress. This report should be used by business leaders to understand how carbon accounting will evolve in the near future, and how this will impact corresponding business processes.
Carbon Accounting Will Adapt To Enable Decarbonization
What Leaders Need From Carbon Accounting Is Evolving
New Demands On Emissions Reporting Undermine The Suitability Of The GHG Protocol
The Future Of The GHG Protocol In A Decarbonizing Economy
Three Recommendations To Futureproof Carbon Accounting Strategies
What Leaders Need From Carbon Accounting Is Evolving
New Demands On Emissions Reporting Undermine The Suitability Of The GHG Protocol
The Future Of The GHG Protocol In A Decarbonizing Economy
Three Recommendations To Futureproof Carbon Accounting Strategies
Figure 1. The GHG Protocol Scopes
Figure 2. ESG And Sustainability Processes Funding Priorities
Figure 3. The Tripartite Carbon Reporting Model
Figure 2. ESG And Sustainability Processes Funding Priorities
Figure 3. The Tripartite Carbon Reporting Model
Boston Consulting Group (BCG), BP, Capricorn Investment Group, Carbon Call, CDP, ClientEarth, ClimateWorks Foundation, Danone, Deloitte, ENGIE, EY, GHG Protocol, GSK, Institutional Shareholder Services (ISS), International Council on Mining and Metals (ICMM), International Sustainability Standards Board (ISSB), Microsoft, Net Zero Asset Managers initiative, Normative, OneTRust, Partnership for Carbon Accounting Financials (PCAF), Persefoni, ReNew Energy Global, Science Based Targets initiative (SBTi), Shell, Sphera, Sweep, Telefónica, UNISOT, US Securities and Exchange Commission (SEC), Woodside Energy, World Business Council for Sustainable Development (WBCSD), World Resources Institute (WRI)
About the Authors
Connor Taylor
Senior Analyst
Connor is a Senior Analyst at Verdantix. He focuses on delivering research to help senior executives navigate decarbonization decision-making and build effective strategies to...
View Profile
Ryan Skinner
Research Director
Ryan is a Research Director at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landsc...
View Profile