Carbon accounting is increasingly becoming an industry-standard requirement for many companies. In the race towards net-zero, carbon accounting provides us with the tools not only to quantify and measure carbon emissions but also to help us make informed decisions in regards to climate mitigation strategies. But which method and tools to use? To help companies make the best-informed decisions, Plan A has designed a comprehensive infographic.
What is carbon accounting?
Carbon accounting covers a range of practices aimed at calculating how much carbon a company or country emits. To understand a company's carbon footprint, the first step is to calculate the emissions linked with companies activities, also within the supply chain. For this, companies may choose between four different carbon accounting methods: supplier-specific method, physical-unit method, spend-based method and hybrid method.