Voluntary Carbon Market: An opportunity to invest in projects aimed at reducing emissions
Blue Earth | Oct, 2023
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How to calculate a carbon footprint for your business?
The perception of regulators, investors and consumers regarding environmental challenges is changing rapidly. All stakeholders want to see real efforts to mitigate the negative impacts of climate change.Therefore, organizations’ environmental, social and governance (ESG) strategies and reporting become an important indicator for their compliance requirements and customer and investor relations.
Cem Dilmegani
Jul, 2023
How to calculate a carbon footprint for your business?
The carbon footprint is the measurement of a company’s greenhouse gas (GHG) emissions in units of tons. The larger the carbon footprint, the more negative the impact on the climate.
Companies release GHG such as carbon dioxide, methane, hydrofluorocarbons into the atmosphere during manufacturing, transportation, or other business activities. Carbon footprint of a company accounts for both the direct and indirect GHG emissions of the company. Direct GHG emissions: GHG emission can be the result of company actions that come from facilities owned by the company. For example, if a fossil fuel power plant burns coal to generate electricity or a factory releases CO2 while producing goods as a by-product these count as direct GHG emissions.
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Companies release GHG such as carbon dioxide, methane, hydrofluorocarbons into the atmosphere during manufacturing, transportation, or other business activities. Carbon footprint of a company accounts for both the direct and indirect GHG emissions of the company.
Direct GHG emissions: GHG emission can be the result of company actions that come from facilities owned by the company. For example, if a fossil fuel power plant burns coal to generate electricity or a factory releases CO2 while producing goods as a by-product these count as direct GHG emissions.
Companies release GHG such as carbon dioxide, methane, hydrofluorocarbons into the atmosphere during manufacturing, transportation, or other business activities. Carbon footprint of a company accounts for both the direct and indirect GHG emissions of the company. Direct GHG emissions: GHG emission can be the result of company actions that come from facilities owned by the company. For example, if a fossil fuel power plant burns coal to generate electricity or a factory releases CO2 while producing goods as a by-product these count as direct GHG emissions.
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