Chapter 2: Accounting for Decarbonization

Additional Modules

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Decarbonization 101

Chapter 2: Accounting for Decarbonization

Updated:

May 27, 2024

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Published:

May 27, 2024

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[Accounting] for Decarbonization

Module Overview

Discover the crucial role of carbon accounting in effective decarbonization planning. Understand how granular data contributes to informed decision-making and why transparent greenhouse gas reporting is essential. Acquire the skills to implement internal controls critical to decarbonization planning and learn the importance of data quality in making informed decisions.

This module will help you understand how to account for decarbonization through carbon accounting. We will cover the importance of having granular data and making decarbonization strides through carbon accounting.

After completing this module, you will:

Gain a high-level understanding of carbon accounting and the associated internal controls critical to decarbonization planning
Understand why having granular, quality data enables decarbonization planning
Learn the importance of measuring and reporting transparent GHG data.

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Estimated time to complete: 15 minutes

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Introduction to Carbon Accounting

This lesson provides an overview of carbon accounting, highlighting its importance in quantifying and categorizing greenhouse gas emissions produced by organizations, with a focus on understanding the distinctions between different emission scopes and their significance in environmental impact assessment.

Carbon Accounting Through the Lens of Decarbonization

This lesson emphasizes the importance of using high-quality, granular data for accurate carbon accounting to facilitate actionable decarbonization strategies, highlighting the limitations of relying solely on spend-based estimations.

Using Internal Controls to Measure and Report Reliable, Credible, and Transparent GHG Emissions Data

This lesson underscores the importance of establishing internal controls, governance structures, and best practices for accurate and transparent carbon accounting, providing essential guidance for organizations preparing for climate disclosure and effective carbon reduction strategies.

Calculation Methods and Tools

This lesson explores different calculation methods in carbon accounting, emphasizing the importance of selecting high-quality methods for accurate emissions estimates and effective decarbonization planning, while highlighting the limitations of spend-based calculations.

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