Determining the total greenhouse gas emissions caused by a company’s activities is a crucial step toward environmental responsibility. This process involves quantifying emissions from sources such as energy consumption, transportation, and waste generation. For example, a manufacturing firm would assess emissions stemming from its production processes, supply chain logistics, and the electricity used to power its facilities.
Understanding a business’s environmental impact offers significant advantages. It allows for the identification of emission hotspots, facilitates the development of targeted reduction strategies, and enhances a company’s reputation among environmentally conscious stakeholders. Historically, this type of assessment was often overlooked; however, increasing regulatory pressures and consumer demand for sustainable practices have made it a business imperative.
