Businesses are increasingly being required to measure and disclose their greenhouse gas (GHG) emissions, whether due to upcoming mandatory reporting requirements or for other reasons such as grant applications, financing arrangements or tender requests. Doing so accurately requires an understanding of emissions arising in the entire value chain and engagement with suppliers. 

Customers often make decisions based on the emissions of the businesses they support, making it all the more important for all businesses to have a clear understanding of their full carbon footprint and opportunities to decarbonise, regardless of whether they’re required to report or not.

Developing and maintaining a greenhouse gas inventory is also a foundational step for companies looking to develop a climate-related transition plan that includes emission reduction targets, and to report on their progress and performance against those targets.

Grant Thornton can help businesses of all sizes understand and measure their potential sources of greenhouse gas emissions depending on their specific needs, whether it be for reporting purposes or more broadly to have the data to make appropriate decisions for their business.

With our knowledge of rapidly evolving landscape of Global and Australian sustainability standards, and our alliance with carbon accounting software provider Sumday, we empower our clients with the education, tools and expertise needed to accurately identify, measure and report on their emissions. With one eye on mandatory reporting, we also ensure clients receive audit-ready tailored solutions that align with their needs and industry standards.

Following the initial development of a greenhouse gas inventory, Grant Thornton can also assist with the first steps on the journey towards setting and their realising short, medium, and long-term emission reduction goals.