Climate accounting is a method of measuring and reporting carbon emissions from an entire organization, including its supply chain. For manufacturers, climate accounting can provide valuable insights into the environmental impact of their operations. By understanding the sources and levels of their emissions, manufacturers can make informed decisions on how to reduce their carbon footprint and reach sustainability goals. Healing our climate.
Know your footprint.
With global mandatory climate disclosure regulations coming into effect, it’s important for manufacturers to know their carbon footprint and know how to communicate it effectively.
Simply put, if you’re product/service is a part of another company’s supply chain, their environmental data must include yours, and your data must include your own supply chain. Therefore everyone in your supply chain has to give you their environmental data. No company is too big or too small to use climate accounting. We all have a footprint within a footprint. Climate accounting is a simple and effective way of communicating this environmental information to everyone within your company and supply chain.
Another way climate accounting benefits manufacturers is by setting up a framework for setting emissions reduction targets. By tracking the sources and levels of their emissions, manufacturers can set specific, measurable, achievable, relevant, and time-bound (S.M.A.R.T) targets for reducing their emissions. This can help manufacturers to develop a plan for achieving sustainability goals and tracking progress over time.
In addition to helping manufacturers lower and track their emissions. Climate accounting can also provide valuable information for consumers and investors. With Climate accounting manufacturers can demonstrate their commitment to sustainability. Providing transparency about their environmental impact. Therefore building trust with consumers and investors, supporting the development of a better future for our planet.
Overall, climate accounting is a valuable tool for manufacturers looking to lower their carbon pollution and reach sustainability goals. Providing insights into the sources and levels of emissions, climate accounting can help manufacturers to identify opportunities for improvement and to set targeted goals for reducing their carbon footprint. It can also support the development of a low-carbon economy and enhance trust with consumers and investors.
If you’re interested in applying climate accounting to your business, we suggest trying our software. Just visit www.climateaccounting.com and request a demo for free. Let us do all the work for you.