Being a climate positive business and taking active steps to reduce our environmental impact has been important to us since day one. So important, in fact, that we’ve evolved a value into a service for clients who share our want for positive change.
Carbon Accounting is the process of accurately reporting non-financial information that leads to a clear understanding of what your businesses emissions are and how those emissions are being created. It means that you can take steps to offset your business to either become a carbon neutral or positive business, knowing you’ve done so properly. No stabs in the dark – decision making based on real data.
For ASX listed companies, mandatory climate disclosures are coming into play. How does this affect small business? Because often, small businesses will be in the supply chain of larger ones. This means you’ll potentially be caught up in this reporting pipeline. Getting ahead of the game and having your own environmental report ready to roll will not only make this process smoother, but also make you an attractive supplier in the long term for those bigger fish.
Scope One Emissions
These are the emissions that your business directly creates such as vehicles you put on the roads or energy you consume to create your product.
Scope Two Emissions
These are indirect emissions like the electricity provider you’ve chosen to engage with – what are their greenhouse gas emissions?
Scope Three Emissions
This refers to the emissions of your providers. For instance, what’s the carbon footprint of your accountant?
Working with Trace
We connect Xero with Trace’s platform which means your accounting data is used to accurately access your carbon footprint with Trace’s incredible software. From there we can help you take steps to both offset your emissions but to also reduce them in general. You’ll know what emissions are coming from which specific source and using the numbers, we can help to advise on where you may be able to make different choices, leaving the planet a better place.