Businesses are increasingly being expected to measure and disclose their greenhouse gas (GHG) emissions.

This may be driven by upcoming mandatory reporting requirements or for requests related to grant applications, financing arrangements or tender processes. Finance and sustainability teams may face challenges with data collection from internal and external stakeholders as well as with interpreting and applying measurement frameworks. Doing so accurately requires an understanding of emissions arising in the entire value chain and engagement with suppliers. 

GHG emissions data is one of the most requested pieces of sustainability-related information by an organisation’s customers, creditors or other third-parties as part of doing business. Emissions data is required for mandatory sustainability reporting, and encouraged for voluntary sustainability reporting, and is being utilised by investors and customers in decision-making. As a growing number of organisations set greenhouse gas emissions targets these expectations are cascading through supply chains, requiring both data and decarbonisation efforts.

Although developing and maintaining a greenhouse gas inventory can be time consuming and technically complex, it is fast becoming an essential part of decision-making.

How we can help

  • Tailored Support: Grant Thornton can help businesses of all sizes understand and measure their potential sources of greenhouse gas emissions depending on their specific needs, whether it be for reporting purposes or to inform broader strategic decisions.
  • Technical Expertise and Toolkits: With our deep knowledge of GHG emissions and our alliance with carbon accounting software provider Sumday, we empower our clients with the education, tools and expertise needed to accurately identify, measure and report on their emissions. With one eye on the latest developments in mandatory reporting and regulation, we also ensure clients receive audit-ready tailored solutions that align with their needs and industry standards.
  • Opportunity Identification: We can help organisations to identify potential emissions reduction opportunities and to assist them on their journey towards setting and realising their emissions reductions targets. Grant Thornton has an open and constructive relationship with standard setters and regulators, including SBTi, and we can illuminate the target setting requirements under AASB S2.