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(Calculating the Corporate Carbon Footprint – Also commonly termed as Carbon Accounting)
- Peter Drucker -
This applies to your organization’s Corporate Carbon Footprint too. If you want to set a Greenhouse Gas Reduction Goal for (say) 2030. You first need to calculate your organization’s Carbon Footprint.
In other words you need to do a Base line Greenhouse Gas Inventory (say) this year. Set your reduction goal for (say) 2030 and do a Greenhouse Gas Inventory annually, each year after the base line year, to track progress.
We specialize in Carbon Accounting. We can do a Greenhouse Gas Inventory for your organization in one of two ways:
Option 1. Focusing only on Scope 1 and Scope 2 GHG Emissions.
Option 2. Covering Scope 1, Scope 2 and Scope 3 GHG Emissions.
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This starts with a high level audit of the organization, which includes topics such as:
This is followed by a deep dive audit which includes topics such as:
This is followed by an assessment of Transition Risks as well as Physical Risks. It then goes through a Risk Management Analysis.
In conclusion, an Assessment Report is provided to the organization. This includes an assessment of Climate Risk defined by levels of severity of risk. These may vary from
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Calculating the Base Line Carbon Footprint of the organization is only the first step. This is followed by Setting a Sustainability Goal eg. The organization will become(say) Net Zero by (say) 2030.
Once the Sustainability Goal is set, a Sustainability Strategy Needs to be built. A sound sustainability strategy delivers tangible, measurable and attributable impacts to the organization, which when executed well will result in the achievement of the sustainability goal.
Put succinctly, we provide a sustainability strategy that results in:
The Sustainability Strategy includes recommendations of Prioritized Greenhouse Gas Reduction Strategies. Each Strategy component will most probably be accompanied by:
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This service consists of calculating the Greenhouse Gas Inventory of the organization (Scope 1& 2 or Scope 1, 2 & 3), preparing the required Disclosures Report and submitting it to the relevant authority in a timely manner.
These disclosures are required by entities based anywhere in the United States (as well as Non US based entities that have subsidiaries in the US) with overall entity revenue of 1 Billion dollars or more, that do business in California, in compliance with SB 253 (California’s “Climate Corporate Data Accountability Act” or CCDAA).
These entities are required by law to start publicly disclosing Scope 1 & 2 Greenhouse Gas Emissions from 2026 and additionally Scope 3 Greenhouse Gas Emissions from 2027.
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This service consists of biennially conducting a Climate Related Financial Risk Assessment of the organization and biennially reporting it in compliance with SB261.
These disclosures are required by entities based anywhere in the United States (as well as Non US based entities that have subsidiaries in the US) with overall entity revenue of 500 million dollars or more, that do business in California, in compliance to SB 261. Reporting is required on or before January 2026. The recommended framework to use as a basis for this assessment is TCFD (Task Force On Climate-Related Financial Disclosures)
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This service consists of helping your organization build greater resilience and manage risks, by providing strategic and technical Environmental, Social and Governance (ESG) solutions.
Our ESG services help to future-proof your business and build stakeholder trust. The services include areas such as climate risk and diversity equity and inclusion. Our objective is to help you develop an ESG strategy that is built around one or more U.S or global ESG standards and frameworks. We build investor grade ESG metrics that include key ESG topics that the stakeholders can trust.
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