Carbon Footprint & Carbon Accounting
Learn all about Carbon Footprint & Carbon Accounting in this free course and how it can impact your business and life.
Your carbon footprint is the mark you leave on the Earth in terms of greenhouse gas emissions. We can define a carbon footprint as the total amount of greenhouse gas emissions generated by a person, a community, or an activity.
CO2 emissions related to energy consumption rose to a historic high of 33.1 Gt CO2 in 2018. The energy generation sector was responsible for almost two-thirds of the total rise in emissions. China, India, and the United States caused 85% of the net increase in emissions.
Let’s start by asking the question, what is carbon footprint reduction? It’s the steps a person, organization, or business takes to minimize their carbon footprint and bring positive change to the environment. The biggest challenge humans are currently facing is climate change as a species.
Carbon emissions are a major environmental impact caused by companies. Consumers and investors expect companies to make responsible decisions to reduce their negative impact on climate change and global warming. Carbon accounting involves many practices that help companies or countries calculate how much carbon dioxide they emit.
Carbon accounting reporting is vital to our fight against climate change and a rapidly warming planet. It is essential for companies and governments to report and account for their emissions to understand how to reduce them.
To achieve the targets set by the Paris Agreement of limiting global warming to 1.5oC, we all must make attempts to reduce our carbon footprint. Our planet’s future depends on us reducing our emissions.