Greenhouse Gas Accounting

Greenhouse Gas Accounting Course Overview

Greenhouse Gas (GHG) Accounting, or carbon accounting, refers to the process of conducting assessments to quantify the total GHGs produced directly and indirectly from business operations and other organizational activities. This is also called the carbon footprint of a company. Reliable & comprehensive corporate GHG footprint accounting is the first step in the management of climate performance.

In this course, we discuss in detail why it is important for companies to conduct GHG accounting and how the investor community can use this information as part of their ESG & climate strategies. Further, we define scope 1, 2, and 3 emissions, and explore frameworks and processes to support companies in preparing/analyzing a GHG inventory.

GHG accounting information disclosed by a company is an important metric to evaluate climate change-related risks and understand a company’s approach to mitigating its GHG emissions.  

Greenhouse Gas Accounting Learning Objectives

Upon completing this course, you will be able to:

• Define the concept of greenhouse gas (GHG) and carbon accounting.
• Compare the different scopes and activities associated with GHG emissions. 
• Explain how companies measure/ report GHG emissions, and how the data can be used to inform climate-related risks at a company level.

• Determine different ways GHG data can provide insight on an organization’s climate change response by comparing GHG emissions data of three companies in an industry.
• Identify emerging regulatory trends in GHG disclosures.
• Prepare and calculate a GHG inventory at the corporate level.

Greenhouse Gas Accounting is a required course of CFI’s Environmental, Social & Governance (ESG) Specialization

CFI’s Environmental, Social & Governance (ESG) Specialization offers skills including materiality analysis, building an ESG scorecard to measure company performance, integrating ESG factors into a financial model, and defining different types of ESG investing. From beginner to experienced professionals, this specialization is designed to provide a deep understanding of the ESG landscape and to prepare you to integrate this knowledge into your career.

Who Should Take This Course?

This course is perfect for investment professionals, management consultants, and financial analysts of all walks, as GHG accounting and disclosure is an increasingly important consideration for all companies, particularly public issuers.