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Home » Business Strategy Alignment » Carbon Footprint May Become an Accounting Issue

Carbon Footprint May Become an Accounting Issue

July 1, 2009
CFO

Carbon emissions loom as an accounting issue not only for companies that deal with government agencies or green-minded civic organizations. The push for a cap-and-trade system is gaining steam in Washington, and in April the Environmental Protection Agency said greenhouse gases contribute to global warming and threaten public health, a stance that could open the door to further limiting carbon emissions under the Clean Air Act. A public comment period is under way, "but it's only a matter of time before companies have to report," says Simon Mingay, global research lead in environmentally sustainable IT at consulting firm Gartner. "Our advice is to start now, save a lot of time and hassle, and do it properly and well."
Source: CFO

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