As businesses and organizations become more conscious of supply chain requirements and trends in global regulations, greenhouse gas (GHG) reporting gains a more crucial role in corporate long-term planning and risk management. GHGs trap solar energy in the atmosphere and contribute to the greenhouse effect and climate change. By tracking the amount of GHG’s they are responsible for releasing into the atmosphere, businesses and organizations are more aware of their carbon footprint, and why they should considering reducing it to meet customer needs and satisfy regulatory requirements. When a company engages in GHG reporting, either voluntarily or to comply with regulations, it is clear to see the value in reducing energy usage, and in turn one’s GHG footprint.
GHG reporting allows companies to recognize areas for reduction in emissions and potential energy efficiency projects. By simply viewing their impact on the environment in terms of GHG reports, companies are more likely to make strides towards reducing their impact. Fortunately, the greatest opportunities for GHG reporting improvements come from money-saving energy efficiency measures, making the investment in comprehensive GHG reporting a valuable business practice.