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Why should Professionals understand GHG Inventory Quantification and Verification

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Why should an Accounting Professional understand GHG Inventory Quantification and Verification?
» Accountants who traditionally provide financial performance data are now looked upon as sources  of non-financial performance data.
» GHG quantification data demands from groups such as Marketing, Legal, Logistics, Facilities, etc. have to be met.
» Accountants are required to understand the financial impacts of the organizations’ GHG performance/Carbon Footprint.
» Accountants—key members of Sustainability Teams—have to develop Profit and Loss statements for Carbon production and consumption.
» They are also called upon to audit and validate GHG inventories.
» Carbon impact analysis and communication of the financial costs/benefits determines the selection and implementation of appropriate sustainability initiatives.


Why should an Engineering Professional understand GHG Inventory Quantification and Verification?
» Engineering professionals are developing and implementing technology as well as managing and optimizing operations. It is expected that they define and implement these initiatives in a sustainable manner.
» As a member of any operational team, engineers are key to the successful implementation of the organizations’ sustainability strategies.
» Engineers need to understand the process of GHG quantification and its relevance to the organization.
» You will be asked to understand regulatory or reputational risks associated with the Carbon impact of the operational activities.

Why should a Finance Professional understand GHG Inventory Quantification and Verification?
» Finance professionals need to be able to identify and understand those firms that are breaking new ground in social and environmental performance.
» Assets in socially screened portfolios climbed to $3.07 trillion at the start of 2010 — a 34% increase since 2005.
» You need to understand investment funds from a climate-risk perspective.
» Finance professionals need to apply the context of carbon quantification to understand SRIs from a fund manager’s perspective. SRIs mean more than ‘screening out’ undesirable companies and ‘screening in’ those that are judged to be sustainable.
» You must understand and effectively communicate an organization’s Carbon Footprint impact on future financial performance.

Why should a Legal Professional understand GHG Inventory Quantification and Verification?
» Legal professionals have a need to be able to make both quantitative and qualitative judgments and statements. Then, they must communicate the information in the language of climate-risk.
» Contractual agreements for green services, products and technologies require an understanding from both a cost and legal perspective.
» Legal professionals are asked to understand regulatory or reputational risks associated with the Carbon impact of their clients’ activities.
» You need to embed the knowledge of local and international Climate Change related policies and laws.

Why should a Marketing Professional understand GHG Inventory Quantification and Verification?
» Every forward thinking policy has branding value and should be effectively communicated.
» Climate Change is the ‘must-have’ for today’s marketing campaigns.
» Marketing professionals need to understand how to avoid ‘the sins’ of Greenwashing.
» You must understand and communicate your organization’s Carbon Footprint.
» Marketing departments will need to understand and respond to the competitors’ green position.
» Paper or PDF?? – Implement green strategies in your marketing campaigns.

Why should a Supply-Chain Professional understand GHG Inventory Quantification and Verification?
» Supply chains have an impact on an organization’s Carbon Footprint and supply chain managers are required to understand and manage this impact.
» Sustainable supply chains frequently mean profitable supply chains.
» Successful supply chain managers must increasingly think beyond short-term financial considerations. You have to build relationships that can deliver long-term value along the entire supply chain.
» You must understand and effectively communicate an organization’s Carbon Footprint over the whole value chain.
» Supply chain professionals are required to incorporate sustainability issues into the company’s sourcing and purchasing practice.
For more details on the Carbon Professional Path to CSA GHG IQ Certification Program, contact us at: courses@hrcarbon.com