Inventory accounting
Inventory accounting often tracks and reports the GHG emissions from a company’s operations and supply chain.
Inventory accounting often tracks and reports the GHG emissions from a company’s operations and supply chain. It provides a comprehensive overview of annual emissions and allows companies to track the total change in emissions, removals, and land tracking metrics over time.
Inventory accounting follows the SBTi and GHG Protocol, which allow for year-by-year comparisons of emissions reductions and carbon removals. The goal is to improve the practices of current suppliers, rather than simply switching to new suppliers.
Inventory and intervention accounting can go hand-in-hand, depending on your company’s goals. Klim’s experts are happy to help you identify the best approach here.