GHG Accounting

We specialize in carbon footprinting to guide your journey towards a sustainable future.

Bilancia provides comprehensive carbon footprint assessment services to measure, analyze, and effectively reduce emissions.

We offer tailored strategies for emissions reduction, conduct climate policy analysis, and support the transition to a low-carbon economy.

Comprehensive GHG Accounting

Our comprehensive suite of services encompasses Greenhouse gas (GHG) accounting, covering emissions across the three scopes: Scope 1, Scope 2, and Scope 3.

Strategic GHG Accounting & Mitigation

GHG accounting plays a pivotal role in identifying emissions hotspots and formulating targeted strategies for emissions reduction. We provide strategic guidance to identify and mitigate carbon emissions.

Sustainable Emission Management

Support organization’s ongoing efforts to reduce carbon emissions through a collaborative and iterative approach i.e., the product’s life cycle, from the extraction of raw materials up to waste disposal. Monitor progress, identify new improvement opportunities, and refine strategies for dynamic sustainability services.

FAQ

What is the difference between Scope 1, 2, and 3 emissions?

Scope 1 covers direct emissions from your owned or controlled sources like company vehicles and onsite fuel combustion. Scope 2 includes indirect emissions from purchased electricity, heating, and cooling. Scope 3 encompasses all other indirect emissions across your value chain including suppliers, logistics, business travel, and product use typically representing 70-90% of total emissions for Indian companies.

Is Scope 3 reporting mandatory in India's BRSR framework?

Scope 3 reporting is currently voluntary under BRSR, but 51% of India’s top 100 listed companies voluntarily disclosed Scope 3 data in FY23, signaling industry momentum toward mandatory reporting. With SEBI’s phased approach and international pressure from frameworks like EU’s CSDD and CBAM, companies should start Scope 3 measurement now to stay ahead of regulatory requirements.

How do I calculate GHG emissions if I don't have complete supplier data?

When supplier data is incomplete, use a hybrid approach. Combine spend-based or activity-based estimates with credible emission-intensity factors from recognised databases. Industry benchmarks and AI-enabled estimation tools can help establish a reliable baseline. Over time, progressively engage priority suppliers to collect primary data, improving accuracy while demonstrating transparency and decarbonisation commitment.

Which GHG accounting standard should Indian companies follow?

Indian companies should follow the GHG Protocol Corporate Accounting and Reporting Standard, the globally recognized framework consistent with ISO 14064-1. For BRSR reporting, ensure alignment with SEBI’s disclosure requirements. Companies with international operations or clients may also need to align with Science Based Targets initiative (SBTi) for net-zero commitments.

How can GHG accounting help my company access green financing?

Robust GHG accounting strengthens access to green financing by demonstrating credible climate risk management to ESG focused investors and lenders. Verified emissions data and clear reduction targets improve eligibility for green bonds, sustainability linked loans, and ESG aligned capital, often on more favourable terms. In addition, credible emissions measurement enables participation in carbon markets, creating potential monetisation opportunities from verified emission reductions.

What are the typical emission reduction targets Indian companies should set?

Progressive Indian companies are targeting 20-30% reduction in Scope 1 and 2 emissions by 2030, with 50% renewable energy integration aligned with national goals. For net-zero by 2070 alignment, companies should establish science-based interim targets, with ambitious companies aiming for carbon neutrality in operations by 2040-2050 while addressing Scope 3 through supplier engagement and circular economy initiatives.