Among the scientific methods of the SBTi target initiative, the more familiar is the traditional carbon emission calculation method. However, the latest scientific carbon reduction calculation method "Environmental Liability Accounting Method" was developed by Dr. Karthik Ramanna (Oxford University. Professor), what is the "environmental liability accounting method"? How is it different from traditional carbon emission calculation methods?
The main difference between the environmental liability accounting method and the current carbon emission calculation method is that it is an [instant messaging system activated from the transaction level]. If relevant information can be provided to decision-makers and enterprises in real time, just like cost and quality information, Different decisions can be made, that is, "decision-making comes first, reporting comes second."
What the traditional current carbon emissions calculation system does is record every ton of carbon emissions for each major economic activity and label them. In other words, if one ton of carbon emissions is related to one billion carbon emissions tokens, when one ton of carbon emissions produced by mining one ton of metallurgy is used for thousands of purposes, one billion carbon emissions tokens will also It will be "allocated" in the system just like costs in the accounting system. When I look at the final carbon emissions of any product or service, I only need to calculate the number of carbon emissions tokens embedded in the material.
The environmental liability accounting method is to first complete the quantification of relevant information like cost and quality information, and provide it to corporate decision makers in real time, so that the company can make different decisions. It first provides enterprises with the best carbon reduction decisions, and then issues a scientific carbon reduction environmental cost report. This calculation method can be said to be "double the result with half the effort" for scientific carbon reduction reports, and is expected to become the mainstream of SBTi target implementation methods.
NANOZEO strives for excellence in this aspect and is the first to obtain authorized data on environmental cost coefficients. The efforts to promote SBTi also have goals and implementation directions.
In recent years, NANOZEO has received the assistance of Professor Tong Qingbin of National Taiwan University and Professor Hong Junbo of Mingxin University of Science and Technology, and obtained the authorization conditions of the CLCD database and ecoinvent LCIA (multiple indicators, developer arrangement conditions), and carried out supply chain + consultant group ( SFITcorp.com ) + legal coefficient The three-party collaboration platform ecosystem of the generator ( nanozeo.eFootprint.net ) cooperates with A1 smart manufacturing and many paying authorized partners to comprehensively conduct [environmental accounting cost accounting].
NANOZEO CEO Wang Ruimin said that there is already a localized docking platform that can help companies obtain the world standard database and the ILCD Federation's compliant international footprint database, and can achieve authorized acquisition of environmental cost coefficient data.
NANOZEO welcomes inquiries from interested supply chain leaders, and sincerely shares its experiences and paths to work together to achieve sustainability goals.
"Environmental Liability Accounting Method" Karthik Ramanna Introduction to Dr. Karthik Ramanna:
Current position: Professor of Business and Public Policy at the Blavatnik School of Government, University of Oxford, Research Fellow at St. John's College.
Experience: Assistant Professor of Business Administration at Harvard Business School, founder of the Environmental Liability Accounting Institute, director of the Master of Public Policy course at Oxford University, and member of the PCA.
Education: Ph.D., MIT Sloan School of Management.
Contact the NANOZEO team
Tel: +886-3-658-9912 (Global)
Tel: +86-137-3828-7571（China）
ali@nanozeo.com (Global)
pelin@nanozeo.com (China)
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