New research by PriceWaterhouseCoopers and the Carbon Disclosure project has found that measuring emissions using carbon accounting tools like Ecometrica’s Our Impacts can bring business benefits.
Most companies said the costs of measuring and reporting emissions did not meaningfully impact their businesses, with two-thirds spending less than £50,000 on the exercises. The majority said the benefits outweighed the costs.
“UK companies that measure their carbon emissions do not find the exercise arduous or expensive – and some say it brings benefits, a report concludes.
The report was commissioned by the government as it prepares to decide if emissions reporting will be mandatory. Just over half the firms surveyed said reporting emissions carried a net benefit for their business.
Companies reported that measuring emissions produced an incentive to reduce them, through routes that include spending less on energy.”
The report was commissioned by the UK government as it prepares to decide whether to make greenhouse gas emissions reporting a mandatory exercise for UK businesses.
The costs reported by the large corporates in the PwC research could be significantly reduced by using web-based software, such as Our Impacts. Web-based software also allows small-to-medium sized businesses to participate in carbon reporting, as costs will tend to be in proportion to the size of reporting companies.
Our Impacts is one of only six carbon accounting tools in the world with CDP accreditation.
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