Climate accounting: A guide from Energihuset

Climate accounting is a tool used by companies to measure and report on their greenhouse gas emissions. It provides an overview of how much a company impacts the environment in the form of CO₂ and other greenhouse gases. At a time when sustainability is becoming increasingly important, climate accounting gives companies the opportunity to understand and reduce their environmental footprint.

Enova's Funding for Energy Assessment of Commercial Buildings
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What is included in the climate accounts?

Climate accounting includes all emission sources that are relevant to the company's operations. This can be divided into three main categories:

By including all these factors, the climate account provides a comprehensive picture of the company's total climate impact.

Are climate accounts required by law?

Energy mapping is important for several reasons. 

Some industries and larger companies are required to report their greenhouse gas emissions, especially those listed on the Oslo Stock Exchange or operating in energy-intensive sectors. However, for many other businesses it is a voluntary practice that can provide significant benefits, especially in terms of reputation, competitive advantage and meeting customer requirements.

Climate accounting requirements primarily apply to large companies, listed companies and those in certain regulated industries, such as oil and gas, transport and heavy industry. In addition, several international standards, such as the GHG Protocol and the Carbon Disclosure Project (CDP), require reporting for companies wishing to participate in the global market. The EU taxonomy of rules has also introduced requirements that affect climate accounting for companies wishing to attract green investment.

Read about our service, climate accounting

How is an Energy Audit Conducted?

An Energy Audit is conducted in several steps.

First, our experts collect data on the building's energy consumption, technical installations, and operational procedures.

Subsequently, a physical and detailed inspection of the building is performed.

These data are then analyzed to identify patterns and deviations that may indicate inefficient energy consumption. This includes evaluating heating and cooling systems, lighting, ventilation, and the use of electrical appliances.

These data are then analyzed to identify patterns and deviations that may indicate inefficient energy consumption. This includes evaluating heating and cooling systems, lighting, ventilation, and the use of electrical appliances.

Who must keep climate accounts?

Climate accounting is necessary for companies that want to document and reduce their climate emissions. Companies that have a significant environmental footprint, or that want to be leaders in sustainability, will greatly benefit from maintaining accurate climate accounting. This also includes companies that want to participate in public tenders or collaborate with large players that require environmental reporting.

Do you need a climate account?

If your company wants to improve its environmental profile, or if you operate in a sector with high emissions requirements, a carbon accounting is a crucial resource. Not only does it help identify opportunities to reduce emissions and costs, but it can also strengthen your company's position in the market, attract customers and investors who value sustainability, and ensure compliance with applicable regulations.

 

Energihuset offers climate accounting services that help your company understand, measure and reduce its climate footprint. We give you the insight you need to make good decisions and lead your company towards a more sustainable future. 

Talk to us about climate accounting

Energy mapping is a powerful method for understanding, optimizing and reducing energy consumption in your business. With Energihuset's expertise and advanced tools, you can achieve significant savings, improve energy efficiency, and contribute to a more sustainable society. Contact us today to learn more about how an Energy Mapping can help your business.

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