It’s Time to Move toward Carbon Management — Accounting, Reporting and Strategy that Works In an effort to stem future climate change, investors and the public worldwide are beginning to demand accountability regarding organizations' carbon emissions — carbon dioxide and other carbon-based greenhouse gasses. To date, there is no international carbon-reporting methodology and disclosure framework, but consumers seem poised to reward "green" organizations with their support and patronage. On the flip side, governmental legislation aimed at penalizing those who lag behind may be closer than you think. Today, organizations have a real opportunity to embrace Carbon Management as a strategic advantage. Carbon Management can not only reduce costs, and improve the supply chain and products; it can also establish the organization as a leader in the eyes of its employees and customers. It is time to consider Carbon Management, and the finance function should take the lead in establishing plans and processes for calculating, tracking and reporting carbon emissions, including playing a pivotal role in thoughtfully incorporating Carbon Management into the strategic plan. Interested in hearing more about leading Carbon Management practices worldwide? Just give us a call.
Fill out the form below to receive more Carbon Finance and Accounting related information.