Carbon Accounting
Systematic and continuous reporting of climate impacts is a prerequisite for transparent communication and accountability of sustainability statements and claims. Our carbon accounting service does exactly this – it provides systematic annual carbon impact reporting based on best available science and transparent methodologies.
Benefits
- Systematic reporting of annual carbon impacts
- Comprehensive carbon impact model to capture the real climate impacts of forest management
- Transparent methodology based on best available science
- Integration with our other services and products such as forest valuation services and IPTIM-software
Target audiences
- Forest investors
- Impact investors
- Forest owners and managers
- Forest industries
Continuous and systematic reporting of forest carbon impacts
Reporting of quantified climate impacts is becoming a core figure in companies’ annual sustainability reporting frameworks. For forest investors, these figures are asked more often than not in parallel with financial performance parameters. To serve this need, Simosol’s carbon accounting service provides a solution for systematic, transparent, and comprehensive reporting of annual carbon impacts from forests and forestry activities.
System components of the carbon accounting report
The key components included in the carbon accounting system are:
- Standing stock biomass
- Soil organic carbon stock
- Harvested wood products
- Operational emissions
- Substitution impact of the wood products
Depending on the applied reporting framework and the included system components, the results are delivered in a format and structure that serves best the needs of the client. For example, while the net annual change in the standing stock biomass and soil organic carbon stocks might be the core metric for a forest owner, estimation of downstream impacts can be automatically included to capture also indirect impacts of the applied forest management activities as a whole.
What software is used
How this solution was used
Reference
Annual carbon balance including forest assets, carbon in wood-based products and company activity carbon emissions
Annual carbon balance of the largest private forest owner in Finland, including forest assets (carbon standing stock and soil), carbon in wood-based products and company activity carbon emissions. Strategic long-term carbon impact assessment.
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Reference
Annual carbon accounting for an institutional forest investor
Annual carbon accounting for an institutional forest investor, including estimating of the current carbon storage in biomass, soil organic carbon and harvested wood products, assessment of the annual carbon sequestration potential, and a forecast of the annual net carbon balance.
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