Companies Disclosing GHG Emissions On Rise
The number of companies disclosing greenhouse gas emissions (GHG) will triple in the next two years, and the number of firms using commercial GHG software will quadruple in the same time period, according to a study by Groom Energy Solutions and Pure Strategies Consulting.
Today, an estimated 3,000 companies worldwide track and report GHG emissions. In much the same way that businesses use financial reporting to judge operational performance, these organizations use GHG emissions reporting to measure their sustainability performance ‚Äď hence the new category: Enterprise Carbon Accounting (ECA).
According to the study, the tracking process often begins with the use of spreadsheets to manage data, but as it becomes more comprehensive and complex, companies need to invest in commercial ECA software. Forty vendor offerings were identified in the report along with the top 20 things to consider before purchasing ECA software.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Portland Likely to Require Energy Benchmarking
- Using Building Energy Management for Factories
- New Energy System Will Save Stanford $420M
- Tire Plant Earns Superior Energy Performance Gold Certification
- Acuity Brands Acquires Indoor Location Software Company
- NJ School District Hires Honeywell for Energy Upgrades
- CODA Energy 50 kWh Storage Tower Achieves UL Certification
- Con Edison Development Procures GE Energy Storage System