Silvana Paniagua Tufinio’s Post

Wondering about the differences between inventory and project accounting? Read our blog for a review of key definitions from GHG Protocol's standards and guidance documents. This comparative review comes amid renewed interest in various GHG accounting approaches raised during the open stakeholder feedback process that begun in early 2023 and is designed to point readers to source material for further engagement and exploration. ➡️ https://bit.ly/4axDgjx

When thinking about which tools, mechanisms and pathways to enact climate responsibility, methods of accounting are *one of* the key issues. This is essential grounding in the topic and something I'd urge those engaging in discourse to read around and understand first. #corporateresponsibility #ghgaccounting #corporatereporting

Understanding the difference between attributional and consequential carbon accounting and its applications is key. Foundational TBH. GHGMI also wrote an excellent explainer on this in 2021. https://lnkd.in/gYiQKv7Q

🌍 Understanding Scope 3 Flexibility in GHG Accounting (Beta Version) 🌍 The British Standards Institution (BSI), the UK’s national standards body, is collaborating with the Voluntary Carbon Markets Integrity Initiative (VCMI) to help them deliver a robust, transparent, and representative consultation process for VCMI’s beta Scope 3 Claim. The Claim can be used as an additional tool for companies to act on their scope 3 greenhouse gas emissions.  Enter the "Scope 3 Flexibility Claim" in the beta version of GHG accounting standards. This concept offers companies some leeway in how they report Scope 3 emissions, acknowledging the difficulties of accurate data collection and calculation. This flexibility might play out: Reporting Allowances: Companies can omit or estimate certain categories that are difficult to quantify. Phased Implementation: Gradual expansion of Scope 3 categories as better data becomes available. Data Sources: Greater flexibility in using secondary data or industry proxies when direct data isn’t accessible. The goal is to encourage participation in Scope 3 reporting while recognizing the practical challenges involved. As companies navigate these complexities, this beta flexibility aims to foster transparency and gradual improvement. #GHG #Scope3

Natural capital accounting is a way of measuring how projects impact the environment — a critical consideration for companies as #ESG becomes increasingly important. https://bit.ly/3SdlnP8

Here we go! GHG Protocol update process to formally kick off this fall.

Overwhelmed with GHG Emissions Accounting? At FSI, we specialize in the complexities of scope 1, 2, and 3 greenhouse gas emissions accounting and reporting.  Our audit-ready solution goes beyond what GHG software and other firms offer.  Our expert team delivers a cost-effective, hands-on approach, allowing you to avoid the common pitfalls of self-managed GHG reporting—like boundary setting errors and data inconsistencies—while gaining strategic insights to reduce emissions and enhance your competitive edge. Why Partner with FSI? ✅ Comprehensive Emissions Analysis: Our meticulous approach ensures your GHG inventory is as accurate as financial reporting, capturing every detail. ✅Outsourced GHG Management: We handle all the heavy lifting of data entry and calculations, freeing up your team to focus on your business priorities. ✅Benchmarking & Strategic Insights: We break down complex GHG data, benchmark your emissions against industry leaders, and provide actionable insights that drive performance improvements. ✅Audit-Ready & Attestation Support: Our thorough methodology leaves you fully prepared for third-party audits, with clear documentation of boundaries, emissions sources, calculation methods, and data trails. Discover more at https://lnkd.in/ggvNJjwp

If GHG Accounting and 24/7 CFE is on your list, check out new the EPRI program lead by Arin Kaye and come say hi if you're in LA at Advisory!

🌍 GHG Protocol Launches New Governance Bodies! 🌍 WBCSD – World Business Council for Sustainable Development and World Resources Institute are excited to share that the Greenhouse Gas Protocol (GHG Protocol) is stepping up to meet the dynamic needs of GHG accounting with the establishment of two new governance bodies: the Steering Committee and the Independent Standards Board. 🛠 Strategic Guidance for Climate Action! 🛠 Under the leadership of Geraldine Matchett (Chair) and Ovais Sarmad, the Steering Committee will provide strategic guidance to ensure the integrity and trust of GHG Protocol standards 🌿. 💡 Driving Collaboration and Innovation! 💡 The Steering Committee will align efforts with the broader GHG accounting ecosystem, ensuring that businesses and investors can accelerate climate action and enhance transparency 🌱. 🌟 Join the Journey to a Net-Zero Future! 🌟 As climate challenges grow, robust governance is key to maintaining the credibility of GHG standards. Let's work together for a sustainable and resilient future. This is a very important step in the journey I am privileged to co-shape with great colleagues! Dominic Waughray Peter Bakker Pankaj Bhatia Anna Stanley-Radière David Burns #WBCSD #WRI #netzero #climateAction #sustainability #decarbonization #GHGprotocol #ClimateGovernance

Gain insights into ownership management in land and accounting at IFS Unleashed. Participate in a roundtable with peers and explore examples of innovative solutions in #oilandgas. https://ifs.link/oCXHta