It is the information on the amount of greenhouse gas emissions. released from various activities of the organization in all three categories, namely
1. Direct greenhouse gas emissions from the production process or the main activities of the organization
2. Indirect greenhouse gas emissions from internal energy use
3. Other indirect greenhouse gas emissions such as employee travel The use of materials It also covers greenhouse gas emissions in the company’s supply chains.
The movement of the US SEC this time signal clearly that Capital markets are taking a major step forward in implementing the mechanism. which has to drive a concrete solution to global warming problems
Carbon Accounting or corporate greenhouse gas accounting It is still a difficult process. It starts with defining the framework of the data. data storage Greenhouse Gas Calculation and data reporting
There is a lot of controversy about the accuracy of data reporting today. credibility And the standards are not good enough to cause criticism that the data was made to bleach.
The data management issue in Carbon Accounting is becoming a big company’s penpoint.
In February, large companies such as Microsoft, KPMG, EY, GSK, WIPRO joined together under the campaign. Carboncall.org to work together to find a way to makegreenhouse gas accountThere is a support standard
There is a systematic data collection. And innovative technology has been developed that will make all work processes more efficient. Enterprise software giant Salesforce is partnering with Accenture to develop a digital platform that enables accurate accounting of greenhouse gases. fast and real time
The global Big 4 accounting services firms Deloitte, KPMG, EY, and PwC are in intense competition for the big cake of the future “Carbon Accounting”.
saying that “Anything that cannot be measured There is no way to manage it” is the heart of solving global warming problems. Moving towards a net zero greenhouse gas emissions target by 2050 depends on whether How well can we manage, monitor and measure greenhouse gas emissions? And this is creating a new phenomenon of investment in startups developing solutions for Carbon Accounting.
According to data from Pitchbook, VC investment is flowing into the startups five times more than last year, and this year alone, in the quarter alone, it has reached more than $70 million.
Most recently in Singapore, startup Unravel Carbon developed software to help organizations track and report on their greenhouse gas emissions. Raised a seed round of 300 million baht, which is unusual for a startup that has only been in existence for a year!
Climate software Being the hottest sector of the year, of course, where Pain is, the opportunity is always there. The future of solving global warming needs to rely on new technologies and innovations. And this is an opportunity that techies must hurry to grab.
Column Business Transform: Corporate Future
Tonghathai Kuwanon
One of the founders of Emspire Startup Mentor
Business Strategy and Innovation Management Consulting Firm
