carbon call carbon accounting microsoft [shutterstock: 2080077079, d.ee_angelo]
[shutterstock: 2080077079, d.ee_angelo]
Press Release SAP Community

Organizations Form The Carbon Call

Over twenty organizations announced an initiative to accelerate the development of reliable and interoperable carbon emissions accounting, which is necessary to help the world reach net zero by midcentury.

Reliable measurement and accounting of greenhouse gas (GHG) emissions is critical to climate accountability and attribution. According to an analysis by The Washington Post, the gap in underreported GHG emissions “ranges from at least 8.5 billion to as high as 13.3 billion tons a year”. Today, carbon accounting suffers from data quality issues, measurement and reporting inconsistencies, siloed platforms, and infrastructure challenges. This makes it difficult to compare, combine and share reliable data, particularly for companies.

The Carbon Call uncovers and addresses gaps in existing global carbon accounting systems, focusing on carbon removal and land sector, methane and indirect emissions. The Carbon Call will work collectively to identify where more accurate information is needed to improve reliability and advance interoperability by design – both in carbon accounting reports (or ledgers) and the data ecosystems that support them.

Signatories to the Carbon Call support the enabling conditions needed for a more reliable global system of interoperable carbon accounting reports (or ledgers). To that end, signatories commit to report GHG emissions and offset information comprehensively, including all scopes and classes of GHG emissions, annually and transparently. Signatories include Capricorn Investment Group, EY, GSK, KPMG, Microsoft, and Wipro.

About the author

E-3 Magazine

Articles published through E-3 Magazine International. This includes press releases by our partners as well as articles and reports from the E-3 team of journalists.

Add Comment

Click here to post a comment

Sign up for e3zine´s biweekly newsbites

Please do not use administrative mail adresses like "noreply@..", "admin@.." or similar as these may get blocked for security reasons.

We use rapidmail for dispatching our newsletter. By signing up, you agree that the data you have entered will be transmitted to rapidmail. Please take note of their terms and conditions and privacy policy.termsandconditions.

Our Authors