Carbon Accounting
Carbon & ClimateCarbon accounting is the systematic process of measuring, recording, and reporting an organisation's greenhouse gas emissions. It follows standardised methodologies — primarily the GHG Protocol Corporate Standard — to quantify Scope 1 (direct), Scope 2 (purchased energy), and Scope 3 (value chain) emissions. Carbon accounting forms the foundation for target-setting, regulatory compliance (BRSR, CSRD, SEC), carbon pricing, and climate strategy.
Related Terms
More in Carbon & Climate
Carbon Footprint
A carbon footprint is the total amount of greenhouse gases (GHGs) generated…
Net Zero
Net zero means achieving a balance between greenhouse gas emissions produced and…
Decarbonisation
Decarbonisation is the process of reducing carbon dioxide and other greenhouse gas…
Scope 1 Emissions
Scope 1 emissions are direct greenhouse gas emissions from sources owned or…
Scope 2 Emissions
Scope 2 emissions are indirect greenhouse gas emissions from purchased electricity, steam,…
Scope 3 Emissions
Scope 3 emissions are all indirect greenhouse gas emissions in a company's…
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