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Carbon accounting software, within the software industry, refers to specialized applications designed to measure, track, and report on greenhouse gas (GHG) emissions of an organization. These platforms aid businesses in quantifying their carbon footprint by collecting data on various activities that emit carbon dioxide and other GHGs, such as energy usage, transportation, supply chain operations, and more. The software often encompasses features for data management, emission factor libraries, reporting tools, and often includes capabilities for scenario planning and forecasting to support sustainability strategies. Many carbon accounting tools are also built to align with established environmental standards and reporting frameworks to ensure regulatory compliance and facilitate transparent communication with stakeholders.
This market includes a range of offerings, from holistic enterprise resource planning (ERP) modules with integrated carbon accounting features to standalone, cloud-based solutions focused solely on sustainability metrics. Organizations increasingly rely on this technology to inform their environmental initiatives, support voluntary carbon disclosure, and comply with evolving regulatory demands.
Some companies in the carbon accounting software market include Salesforce with their Sustainability Cloud, SAP with their product SAP Carbon Impact, IBM with their offerings in environmental intelligence, Intuit with QuickBooks Commerce, and Enablon, which provides various sustainability management solutions. Show Less Read more