What role do emissions trackers play in corporate reporting

Emissions trackers are integral to corporate reporting as they provide accurate, verifiable data on a company’s greenhouse gas emissions. This data is essential for preparing sustainability reports and fulfilling regulatory requirements such as the Securities and Exchange Commission (SEC) climate disclosure or the European Union’s Corporate Sustainability Reporting Directive (CSRD). Emissions trackers allow companies to report their environmental impact transparently and credibly, which is critical for maintaining investor confidence and meeting stakeholder expectations. Furthermore, emissions data from these trackers can be used to demonstrate progress towards climate goals and commitments, such as those aligned with the Science Based Targets initiative. They also facilitate benchmarking against industry peers, which can drive improvements in sustainability performance. By integrating emissions tracking into corporate reporting, organizations can enhance their reputation and potentially gain a competitive advantage in the market. Key Takeaway: Emissions trackers provide critical data for transparent and credible corporate sustainability reporting.