ESG
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
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
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
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
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
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
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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