A carbon ledger is a tool or system used to track, record, and analyze an entity’s greenhouse gas (GHG) emissions. It functions similarly to a financial ledger but focuses on carbon emissions, allowing organizations to monitor their carbon footprint comprehensively. Carbon ledgers can help businesses understand their emissions across various activities and operations, facilitating more informed decision-making regarding sustainability. As companies face increasing pressure from regulators and stakeholders to reduce their carbon emissions, carbon ledgers provide a structured approach to managing and reporting these emissions. They are critical in implementing carbon reduction strategies and in maintaining regulatory compliance.
Key Takeaway: Carbon ledgers track and analyze an organization’s greenhouse gas emissions.