Bitumen waterproofing products: a fruitful carbon accounting

Without proper management accounting and controlling, corporations could not run well. Similarly to money, setting a greenhouse gas (GHG) accounting centralises the information about GHG emissions (i.e., expenses) and absorptions (i.e., revenues) from all branches of the company. From R&D, to procurement and manufacturing, to carrying, to after-sales and administration, emissions become tangible as the aggregate amount becomes measurable and easily trackable over time. Quantifying enables your company to monitor its GHG decrease over time (1). In short, better decision-making (2). Indeed, the greatest benefit occurs when coupling emissions with financial information by setting an internal carbon price per tonnes of CO₂ equivalent. Hence, it will become clear where your company should invest internally to get the most efficient and profitable emissions reduction (3). Allowing a financial management of corporate emissions in day-to-day operations, this accounting innovation also makes possible to set up carbon budgets and corresponding cash budgets for the coming months and years, budgets that clarifies the financial impacts of GHG emissions on profitability (3). Furthermore, such GHG forecast budgets allow to align the company’s strategy to global carbon budgets of the industry or country the latter is active in (3). Interested in the next steps this solution unlocks for your corporate decarbonisation? Browse the explorer and discover for instance how you can analyse your portfolios through greenhouse gas intensity per product or service! Interesting, isn’t it? So why stop when things are going so well? Discover also how your company can slash its emissions through products and services redesign!