Bcom GFGC students __ Contemporary accounting topic ___ Carbon accounting
Compiled by Suresh Babu MG Assistant Professor GFGC GAURIBIDANUR Karnataka Title: Carbon Accounting: Shaping the Future of Sustainable Accounting Practices Introduction: In recent years, the importance of sustainability and environmental consciousness has gained significant attention across various industries. The field of accounting has not been immune to this shift, with the emergence of carbon accounting as a contemporary topic. In this article, we will explore the concept of carbon accounting and its role in shaping the future of sustainable accounting practices. As an Assistant Professor at GFGC Gauribidanur, I aim to shed light on this crucial aspect of modern accounting. Understanding Carbon Accounting: Carbon accounting involves measuring and tracking greenhouse gas emissions (GHGs) produced by organizations and individuals. It provides a framework for assessing the environmental impact of activities and helps in the identification of opportunities for reducing carbon footpr