Carbon Accounting Archives

What the EU’s Carbon Border Adjustment Mechanism (CBAM) Means for U.S. Manufacturers and Energy Suppliers

Global carbon policy is no longer theoretical. It’s operational—and it’s starting to reshape trade. The European Union’s Carbon Border Adjustment Mechanism (CBAM) is one of the most significant climate-related trade policies ever implemented. While it’s an EU regulation, its impact extends far beyond Europe. Manufacturers and energy suppliers around the world with direct or indirect […]

Summary of Standard Supply Service in the GHGP Scope 2 Revision

The latest Scope 2 Consultation document introduces and requests feedback on the concept of Standard Supply Service (SSS). What Is Standard Supply Service, and what’s being proposed? According to the recent Public Consultation document in section 5.3.1, the “approach would clarify how companies may account for electricity from shared or publicly supported resources while […]

What to Know About the Upcoming GHG Protocol Scope 2 Revisions: The Rise of Hourly Accounting

What to Know About the Upcoming GHG Protocol Scope 2 Revisions: The Rise of Hourly Accounting The GHG Protocol announced proposed updates to its Scope 2 Guidance (2015), entering a 60-day public consultation starting October 20, 2025. These changes will fundamentally shape how companies measure and report emissions from purchased electricity, the foundation of corporate […]

A Summary of CEBA Connect Spring Summit 2025

On May 6th through 8th of 2025, in what ended up being perfect spring time weather in Minneapolis, MN, the CEBA community gathered for its annual clean energy conference. The Clean Energy Buyers Association (“CEBA”), which is the world’s best and most active community of clean energy customers and energy solutions providers, works to […]

The High Cost of Inaction: Why Energy Suppliers Can’t Afford to Ignore Increasing Customer Requests for Reporting

As sustainability and decarbonization demands intensify in the race to net-zero, energy suppliers, such as utilities and retailers, are at a crossroads. Ignoring these demands is not just about sidestepping regulatory penalties or walking back on goals; it could mean losing the trust of customers, investors, and other stakeholders or missing out on prospective customers. […]

Greening the Grid: Are new green electrons improving utilities’ residual mix?

As the race to net-zero accelerates, corporate entities with decarbonization targets are putting increasing pressure on utilities and energy suppliers to improve their supplier specific carbon emission factors and residual mix factors. This demand is driven by the need for better management of Scope 2 emissions (indirect emissions from purchased electricity), which is critical for […]

Renewable Energy Procurement: What are electricity customers seeking beyond clean energy?

In the evolving landscape of corporate sustainability, the integration of renewable energy has become a cornerstone of decarbonization strategies, for a company’s Scope 2 carbon footprint (indirect emissions from purchased electricity) and beyond. In the real estate sector, building owners are increasingly considering the energy impacts of their tenants and in some cases offering renewable […]

Data Challenges in Sustainability: The Path to Automation

Wherever you are on your sustainability journey, data is a critical component to guiding your path. To truly understand our environmental impact and craft effective decarbonization strategies, we must embrace a data-driven approach. While the significance of data in measuring carbon footprints, managing energy, and mitigating environmental impact is clear, the path to automation, though […]

Mandatory Climate Disclosures: Unpacking the EU’s Corporate Sustainability Reporting Directive (CSRD)

In the realm of emerging sustainability regulations, United States (US) headquartered companies are often focused on North American regulations. Yet, in the ever-evolving landscape of climate accountability, it’s essential to cast our gaze across the Atlantic to the European Union (EU), where groundbreaking strides in environmental governance are transforming the global corporate climate disclosures paradigm. […]

Mandatory Climate Disclosures: Unpacking CA SB 253 and 261

Amidst the flurry of attention surrounding the recently adopted SEC climate disclosure rule, it’s important to step back and consider other recent climate regulations reshaping the corporate climate-related disclosure landscape. Notably, California’s (CA’s) Senate Bill (SB) 253 “Climate Corporate Data Accountability Act” and SB 261 “Greenhouse Gases: climate-related financial risk” have emerged as formidable pillars […]

The SEC’s Climate Vote: Implications for Corporate Carbon Accountability

The Securities and Exchange Commision (SEC) voted today (March 6, 2024) to adopt a scaled-back version of its long-awaited proposed climate disclosure rule, formally titled “The Enhancement and Standardization of Climate-Related Disclosures for Investors.” The vote comes two years after the proposed rule’s draft language was released in March of 2022. The final rule, which […]

Utilities: build electricity infrastructure, partner on data infrastructure

Appetite for clean energy is at an all-time high, with corporations and utilities both racing to meet gigawatt-scale demand to drive grid decarbonization, help companies reduce their carbon footprint, and make progress towards ambitious net zero goals. That appetite – alongside increasing disclosure requirements – is ramping up demand for more granular and auditable data […]