The ACCA and GRI released a report during the Copenhagen Climate Change Summit that provides insight into the efforts of businesses worldwide to report on their greenhouse gas emissions and mitigation strategies. While noting positive steps in the right direction, the report details areas for improvement.
The financial risk of carbon liabilities, a need for better management control over carbon data, and new government regulations in a number of countries, will will compel CFOs to invest in carbon management software in the coming year. This is the main conclusion of the report, The Business Case For Carbon Management Software, from the research firm Verdantix. The report analyzes the business case for investing in carbon software from vendors like CarbonView, Carbon Hub, ESS, Greenstone Carbon Management, Hara, IHS, PE International, SAP and SAS.