Significance and calculation of carbon footprint

While doing business companies increasingly encounter requests from their counterparties to provide information on the so-called carbon footprint, which is a measure of the total amount of greenhouse gas emissions. In view of this, a growing number of companies will in the coming years be forced to determine the value of such emissions and present it to the outside world, even if not covered by so-called non-financial reporting requirements under sustainability regulations.

More information in the new BDO Alert.