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Carbon footprint of a company
The carbon footprint of a company is a significant measure of it’s impact on the environment. It represents an indirect indicator of the consumption of energy, products, and services and measures the amount of carbon footprint which corresponds to a company’s activities or products.
Product carbon footprint
The carbon footprint of a product includes greenhouse gas emissions produced during a product’s life cycle, from extraction of raw materials up to waste disposal.
Methodology framework – The GHG protocol is a global corporate standard for carbon footprint measurement and reporting. It standardizes the measurement, management, and reporting of Greenhouse gas (GHG) emissions generated by a company. GHG protocol was created jointly by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD).
The GHG protocol categorizes emissions related to company operations into three scopes (areas) and has become a widely used international standard.
Emissions which are released directly into the air generated by activities controlled or owned by an organization:
Emissions associated with the consumption of purchased energy:
Emissions resulting from the company’s activities which are outside the company’s control or ownership: