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GHG Accounting and Reporting When consolidating GHG data, it is important to distinguish between GHG accounting and GHG reporting. GHG accounting concerns the consolidation of GHG emissions from operations in which a company holds an operational or financial control and linking the data to specific operations, sites, geographic locations, and business processes. Accounting for emissions can help identify the most effective reduction opportunities. GHG reporting, on the other hand, concerns the presentation of GHG data in appropriate formats to meet the needs of various reporting uses and users. As concerns over climatic change grow, NGOs, investors and other stakeholders are increasingly calling for greater corporate disclosure of GHG information. In response, companies are preparing stakeholder reports containing information on GHG emissions as a stand-alone report or as a part of broader sustainability reports. |