Corporate Carbon Emission Statements: A Double Entry System

Carbon Emission Statements apply financial accounting principles to carbon accounting, using double-entry bookkeeping to track emissions. This system includes a CE balance sheet and flow statement, detailing emissions in goods sold (CEGS). Companies account for direct and indirect emissions, ensuring transparency and credibility in net-zero pledges. The method enhances corporate responsibility, prevents greenwashing, and integrates seamlessly with existing enterprise accounting systems for effective carbon management.