Introduction to Carbon Accounting - For Business Stakeholders

Who is this course for?

What does the carbon accounting for businesses course cover?

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Module 1: Carbon Accounting for businesses - why?

• Understand why businesses are starting to embed carbon accounting

• Become aware of the Greenhouse Gas Emissions Scope 1, 2, and 3

• Become aware of the GHG Protocol

• The GHG Protocol

• Science Based Targets Initiative Net Zero Standard

• ISSB Global Sustainability Disclosure Standards

• First things first - what is carbon accounting?

• The why

• The New Era of Carbon Accounting

• The GHG Protocol and Global Standards

• The Three 'Scopes’

• Quiz

Module 2: The data you'll need and where to find it, an overview

• Understand what data is needed for Scope 1, 2, and 3 emissions

• Become aware of the spend-based and activity-based methods

• The GHG Protocol

• Getting Ready for Carbon Accounting

• Scope 3 Guidance: Purchase Goods and Services

• The data you'll need and where to find it, an overview from Jess & Lindsay

• The Calculation - How it works

• The Carbon Ledger - Carbon Bookkeeping

• Getting good quality data - it's going to be a journey, together

• Quiz

Module 3: Managing fuel data

• Understand Scope 1 - Direct GHG emissions

• Understand the relevant activity data required to be collected

• An overview from Lindsay

• Quiz

Module 4: Why on earth do you need data on fridge models?!

• Understand fugitive emissions

• Understand the relevant activity data required to be collected

• US EPA GHG Inventory Guidance: Fugitive Emissions: Guidance from the US EPA on accounting for fugitive emissions within a GHG inventory.

• IPCC AR5 Report: This is the source of the Global Warming Potential (GWP) for greenhouse gases which is a key input in quantifying the CO2e from various greenhouse gases.

• Cold Hard Facts 2021: An example of industry average leakage factors from common refrigerant assets in Australia.

• Measuring emissions: A guide for organisations: 2022 detailed guide: New Zealand Government guidance including the relevant approach to accounting for fugitive emissions.

• So why do we need to tell our accountants what fridge model we use?

• Fugitive emissions

• Where to collect the data?

• Quiz

Module 5: Scope 2 - Electricity

• Understand Scope 2 emissions

• Understand the relevant activity data required to be collected

• Scope 2 Guidance – Guidance documentation from the GHG protocol addressing calculation of Scope 2 emissions.

• Scope 2 Guidance Video from the GHG Protocol – Video content from the World Resources Institute providing context on the Scope 2 Guidance document.

• Australian National Greenhouse Gas Accounts Factors 2022 – Australian emissions factors including location-based emissions factors by state.

• National Energy Market Data Dashboard – Dashboard showing the historic energy mix for each of the state electricity grids within the National Energy Market (NEM).

• New Zealand Government Emissions Guidelines – E missions factor guidance around transport emissions.

• What's the spark about?

• So what about renewables?

• The opportunities and the benefit

• Quiz

Module 6: Scope 3 Emissions - How does it all work?

• Understand Scope 3 emissions

• Understand the relevant activity data required to be collected

• What are Scope 3 Emissions?

• Coding invoices in a new way

• The Carbon Ledger - where the carbon bookkeeping happens

• Why Activity Data?

• Quiz

Module 7: Supplier Engagement

• Understand the why behind supplier engagement

• Define the supplier-specific method for calculating carbon emissions

• Describe the practical approaches to engage with suppliers

• What is Supplier Engagement and why should I do this?

• The Supplier-Specific Method

• Ask the Question

• How can Sumday help?

• Quiz

Module 8: Scope 3 Emissions - Employee commute, WFH and Business Travel

• Understand emissions relating to Employee Commute, Working from Home and Business Travel activities

• Define the specific accounting methods available under the standards to quantify the emissions from these sources

• Describe the practical approaches to gather the data required to account for these emissions sources

• What are we learning in this chapter?

• Employee Commute

• How do we calculate Employee Commute emissions?

• Fuel-Based and Distance-Based Method

• The Average-Data Method

• Employee WFH

• Data Collection Practicalities - Using Surveys!

• Business Travel

• How do we calculate Business Travel emissions?

• The Distance-Based Method for Business Travel

• Other methods for Business Travel

• Quiz

Module 9: What other data might you be asked about?

• Understand the other categories of scope 3 emissions

• Define the specific accounting methods available under the standards to quantify the emissions from these sources

• Describe the practical approaches to gather the data required to account for these emissions sources

• What are we learning in this chapter?

• Purchased Goods and Services

• Capital Goods

• Fuel and Energy related emissions

• Transport and Distribution

• Waste Generated in Operations

• Leased Assets

• Emissions from Sold Products

• Summary

• Quiz

Module 10: The wrap up

• Thank you for joining us!

• Key Takeaways