Smart Freight Centre’s Post

Upskilling myself in further carbon accounting knowledge! I now want more of a deep dive into emission factors and ISO14064, so if you have any course recommendations please leave a comment :D

Are you a small business eager to kickstart your carbon footprint journey? Overwhelmed by the guidance or lacking the budget and resources to get started? Our cost-effective training course and support programme can help. Here's how: 💡 instructor-led training to teach you how to undertake your footprint using the industry-leading online tool Compare Your Footprint, 🤝 optional tailored advice and support during your data collection and calculation process, ✅ validation of your footprint. Allowing you to reap the many benefits of carbon accounting: 💰 identify cost savings in your operations, 📉 understand and minimise your carbon impact, 🔮 futureproof your business by staying compliant with current and future regulations. Book now for January 👉 https://lnkd.in/eYEGvJp8 To find out more about the course or speak to one of our experts 👉 https://lnkd.in/e8Bi8TgC #CarbonAccounting #CarbonFootprinting #SMEs

I'm so excited to share that I have successfully completed an explanatory "Technical Workshop on Carbon Footprint/GHG Accounting" with respect to the ISO 14064:2018 Standard. Following are the key insights gained : 1. Quantification, monitoring and reporting of GHG emissions and removals in organizational and project level.  2. Classification of the GHG emissions. And categorizing them as per the emission types i.e Direct, Indirect, other indirect emissions. 3. Case studies and problems to identify the emission type, the concept of organizational boundaries and operational boundaries.  4. Identification of GHG sources and sinks, quantification methodology, selection and collection of activity data. 5. Calculation of GHG emissions and removal using the application of Emission factor and GWP from DEFRA.  6. Organizational activities to reduce GHG emissions or increase GHG removals 7. Inclusion of establishment of base year and justification for selection. 8. Procedure to maintain the GHG information management. 9. Verification of GHG report - Verification, preparation, plan, process I would like to convey my sincere thanks to Dr Ganesh Bhoite and Bureau Veritas Group for delivering an informative and interactive training sessions during this workshop. #GHGAccounting #ISO14064

There's been a huge amount of anxiety about getting enough auditors trained to assure carbon disclosures in time for new legislation. Anxiety begone - the good people at Sumday have a new course specifically for auditors to upskill in GHG Assurance. What are you waiting for? #carbonaccounting #climateassurance #climatereporting #esgreporting #esgdisclosures #esgassurance #sustainabilityassurance

Semantic Models REA Resource-Event-Agent The Resource-Event-Agent (REA) model is an approach to conceptualize the semantics of economic exchanges, such as accounting transactions. The REA model is an ISO standard, ISO/IEC 15944-4:2007.

📢 General Methodology 1: Conceptual Framework for Impact Accounting, the *first* #impactaccounting methodology statement, is now available for final release 📢 #GeneralMethodology1 is a major step toward developing a globally applicable and comprehensive methodology for the public good that will allow corporates and investors to translate social and environmental impacts into the language of currency 💰 - making them comparable to financial performance 📈 . As the first installment in the impact accounting methodology, General Methodology 1 articulates the key purpose of impact accounting, defines key terms and concepts, and clarifies how impact accounting is connected to topics such as materiality assessments.  IFVI in partnership with the Value Balancing Alliance (VBA) held a public comment period from August 16-October 31, 2023 for the exposure draft of GM1. A total of 26 comment letters were received, containing over 200 individual comments and representing a range of geographies and stakeholder groups. This feedback as well as the guidance of our methodology oversight committee and our due process has led to a revised and approved final version of the first official impact accounting methodology. 👉 Learn more about GM1 and the changes adopted for the final release: https://lnkd.in/erTBT6gT #GeneralMethodology1 #GM1 #impactaccounting #sustainability

Are you adopting ISSB proactively? Access EY's ISSB checklist to make your reporting journey a hit, rather than a miss!💡 #issb #IFRSS1 #IFRSS2 #comingsoon202X

Embrace the power of ISO standards to drive sustainability and innovation. See how they redefine accounting practices and create opportunities for growth in 2024. Read the full article here: https://lnkd.in/ggPxW944

Embrace the power of ISO standards to drive sustainability and innovation. See how they redefine accounting practices and create opportunities for growth in 2024. Read the full article here: https://lnkd.in/ggPxW944

Join our online webinar next week: Market-based Accounting for Scope 3 on May 21 between 14-15. This webinar is part of a Nordic Discussion Series zooming in on three sensitive climate topics and will be hosted by the Nordic networks. In recent years market-based accounting methods have been proposed, for example, for aviation fuels, agricultural commodities, and freight transport. These proposals aim to extend the type of market-based accounting used for scope 2 emissions, to also cover scope 3 emissions. Market-based mechanisms might help in situations where direct engagement with suppliers or full traceability of the supply chain is not possible and could be a way to support the development of lower emission solutions. However, market-based methods come with uncertainties about their efficacy and concerns around credibility. Learn more about the Series and the different sensitve climate topics and sign up for the webinar here: https://lnkd.in/eT2HRY3u