Converting Agro Waste Into Value
Carbon accounting/ auditing
Carbon Accounting / Auditing
Carbon accounting (also known as greenhouse gas or GHG accounting) and carbon auditing are processes used to measure, report, and verify the amount of greenhouse gases (GHGs) emitted by an organization, project, or country. These practices are essential for managing and reducing carbon emissions, ensuring compliance with environmental regulations, and achieving sustainability goals.
Carbon Accounting Process
- Data Collection: Gathering data on energy consumption, transportation, waste, and other activities that contribute to GHG emissions.
- Emission Calculation: Using emission factors and conversion tools to calculate the total GHG emissions for each activity.
- Reporting: Compiling the data into a comprehensive report, often following guidelines like the GHG Protocol or ISO 14064.
- Verification: Independent third-party verification to ensure accuracy and reliability of the reported data.
Carbon
Auditing
- A carbon audit is a systematic review and assessment of an organization’s carbon footprint. It involves verifying the data collected in carbon accounting, evaluating compliance with regulations, and identifying opportunities for emission reductions.
- Auditors assess the accuracy of reported emissions, check the methodologies used, and ensure that the organization is adhering to relevant standards and best practices.
Tools and
Standards
- GHG Protocol: The most widely used international accounting tool for government and business leaders to understand, quantify, and manage GHG emissions.
- ISO 14064: An international standard that specifies requirements for quantifying and reporting GHG emissions and removals.
- Carbon Footprint Calculators: Tools used to estimate the carbon emissions of a specific activity, product, or organization.
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