Know your emissions: GHG basics for Finance

Carbon accounting is a vital process for the finance industry, involving the measurement and tracking of greenhouse gas (GHG) emissions from direct and indirect sources, such as office operations, investments, and business travel. By implementing carbon accounting, financial institutions can ensure regulatory compliance, improve risk management, and enhance their reputation by demonstrating a commitment to sustainability. It also supports sustainable investment strategies by integrating environmental, social, and governance (ESG) criteria. Using tools like Sustainium’s platform, financial institutions can track emissions, set reduction goals, and make data-driven decisions to reach net-zero targets and contribute to global sustainability efforts.