Sustainability has risen quickly to the top of executive priorities, with climate action being the most pressing concern. The central question is no longer why, but how? A big part of the answer may come from the unlikely world of accounting. Companies need to start treating carbon like money – they need a carbon accounting system that mirrors their financial accounting system. However, carbon accounting is still done mainly using spreadsheets and semi-automated tools that use estimates and averages for carbon footprints. Only 9% of companies have a comprehensive view…
Read MoreSAP Introduces Transactional Carbon Accounting to Accelerate Climate Action
