Accounting for Carbon Course
- Duration:1 Day
- Cost:£539 + VAT
- Ref:CIMA302
How a proactive approach to carbon legislation can improve business performance
Who is it for
Accountants including finance directors, senior managers and those who have an interest in reporting their carbon emissions.
What is it about
Businesses face new and significant challenges, including changes in consumer buying behaviour as consumers are increasingly influenced by concern over climate change, plus forthcoming legislation aimed at reducing carbon emissions and moving the UK to a low carbon economy. Companies should recognise the implications of this new business environment and make changes before they are forced to through legislation. Indeed by being proactive they can turn the situation to their advantage.
Course Overview
9.00 am Registration and coffee
9.30 am Start of course
Why carbon matters to business
Driving forces
Government policy and the transition to the low carbon economy
UK carbon legislation
Climate Change Levy and Climate Change Agreements
CRC Energy Efficiency Scheme
EU Emissions Trading Scheme (EU ETS)
Climate Change Act 2008
Carbon reporting under the Companies Act 2006
Corporate carbon footprints
Scopes 1, 2 and 3
Certification, Carbon Trust Standard and CEMARS
GHG Protocol
BS 16001
ISO 14064
Implications for business strategy
Carbon emissions reporting
Defra/DECC guidance on greenhouse gas reporting
Examples of greenhouse gas reports
Carbon Disclosure Project
Carbon risk reporting
Identification and evaluation of carbon risks
Supply chain risks
Product and service carbon footprints
Standards including PAS 2050, BS 8901
Definitions and measurement
There are three exercises during the day to practise the calculations
5.00 pm End of course
6 CPD hours (where applicable)
What will I get out of it?
- An understanding of the implications of the Climate Change Act 2008 for corporate reporting
- An up-to-date understanding of the carbon reporting legislation, which will be introduced in 2012
- How to prepare and present an organisation's carbon report based on government guidance
- An understanding of the different standards for carbon footprinting
- How to calculate a corporate carbon footprint
- How to calculate a product or service carbon footprint
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