Faced with the pressures and challenges of carbon emission reduction at China and abroad, companies must take substantial measures to deal with them. In order to reduce carbon emissions, enterprises must first quantify the carbon emissions within the enterprise, that is, carbon accounting. As the saying goes, there is no management without quantification,. Corporate carbon accounting can help companies understand carbon emissions, identify carbon sources, and provide data for developing carbon reduction strategies and implementing low-carbon projects.
There are four main benefits to a company's carbon accounting:
l Comply with domestic and foreign regulations
China has promised to the world after the Copenhagen Conference in 2009: By 2020, the carbon intensity will be 40%-45% lower than in 2005. The subsequent “Twelfth Five-Year Plan” will also put energy saving and emissions reduction to important positions. The NDRC’s initiatives to launch low-carbon pilots in five provinces and eight cities indicate that China has to regulate and standardize emissions reductions. Internationally, the requirements for emission reduction are more stringent. For example, from January 1, 2012, all flights that take off or land at airports within the EU will be included in the EU ETS (European Emissions Trading System). According to the list published by the European Union, more than 2,000 airlines worldwide have been forced into the system, and 33 Chinese companies are among them. The European market is an increasingly important target market for Chinese airlines. Therefore, the most urgent task for airlines is to quantify carbon emissions and formulate strategies for reducing emissions.
l Meet customer needs
For enterprises, especially export-oriented enterprises, it is necessary to meet the requirements of foreign customers for carbon emission disclosure. For example, foreign companies such as WalMart require their suppliers to provide carbon accounting reports, which also put pressure and motivation on carbon accounting of Chinese export companies.
l Reduce costs
Through carbon accounting, enterprises can clearly understand the carbon dioxide emissions generated by various departments and production stages at various time periods, which is conducive to enterprises to formulate targeted energy conservation and emission reduction measures, reduce costs, and at the same time, participate in carbon trading positively, and obtain potential economic benefits.
l Enhance corporate image
Enterprises are paying more and more attention to their social image. The disclosure of carbon emission can effectively enhance corporate image and win the trust of investors and consumers. The carbon accounting of enterprises is the specific practice of fulfilling corporate social responsibility.
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