ESG
November 17, 2022
The Nitty Gritty on ESG Reporting Frameworks and Standards
Understanding ESG Reporting Standards and Frameworks The use of third-party ESG disclosure standards and frameworks is the starting place for any voluntary ESG reporting your business wishes to conduct. In 2022, the use of ESG and sustainability reports continued to…
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ESG
November 14, 2022
5 ESG Reporting Challenges and How to Address Them
ESG Reporting Challenges: 1. Lack of a standard As it currently stands, there is no single standard for sustainability frameworks and disclosures, not to mention that they often have conflicting requests for data that compete with one another. The alphabet…
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Carbon Accounting
November 11, 2022
A Deep Dive on Scope 3 Emissions
Although the majority of emissions in most supply chains are released in the initial stages of production within the extraction and processing of raw materials and fuels, the majority of businesses undergoing carbon accounting are not these raw materials providers.…
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ESG
November 10, 2022
What Does ESG Really Mean?
Risk Factors Historical Context In the mid-2000s, the term ESG was first coined. In its infancy, the proponents of ESG were far more concerned with governance factors like whether the share structure was rational or if the C-suite was taking…
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Carbon Accounting
November 2, 2022
A Deep Dive on Scope 2 Emissions: Location-Based & Market-Based Methods
Emissions are classified into scopes for differentiating between direct and indirect emissions of a business and for more accurate measurement and reporting. Scope 2 emissions are all greenhouse gas emissions released into the atmosphere from purchased electricity, steam, heating, and…
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Carbon Accounting
October 24, 2022
A Deep Dive on Scope 1 Emissions
Emissions are classified into scopes for differentiating between direct and indirect emissions of a business and for more accurate measurement and reporting. Scope 1 emissions are the greenhouse gas emissions released into the atmosphere that are a direct result of…
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Carbon Accounting
October 20, 2022
Understanding Key Terms of Carbon Accounting
GHG Protocol: The de facto global accounting method for measuring an entity's direct, downstream, and upstream GHG emissions. This protocol defines methodologies for calculating and defining the scope of emissions, as well as informing the standard-setting criteria of many other…
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Carbon Accounting
October 14, 2022
10 Business Use Cases of Carbon Accounting
1. Climate change ethics Increased adoption of reliable carbon accounting is critical to achieving the goals set out under the Paris Agreement to limit the temperature increase to 1.5°C above pre-industrial levels. 2. Goal tracking for sustainability An entity looking…
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Carbon Accounting
September 29, 2022
Integration of Energy & Sustainability Management Is Crucial to Carbon Accounting
73% of all emissions are estimated to come from energy consumption, a fact that is often overlooked in conducting sustainability goals. Because emissions are largely derivative of energy use, it is integral to preach the integration of energy and sustainability…
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