carbon emissions

Product Carbon Accounting

Overview

Distinct from Corporate Carbon Accounting, Product Carbon Accounting focuses on calculating and reporting the carbon emission impact of individual products that are produced within a company. This is also referred to as the “Product Carbon Footprint.”

While Corporate Carbon Accounting uses the methodology of the GHG Protocol Corporate Standard, Product Carbon Accounting uses the methodology of the GHG Protocol Product Standard. Product Carbon Accounting may be relevant to organizations that produce physical goods and are interested in understanding the lifecycle emissions of the products they produce, from raw material extraction, manufacturing & processing, transportation & distribution, usage, and end of life.

Invoice Product Footprint
Product Footprint LCA
Add-On Module

CarbonSuite offers a Product Carbon Accounting feature as an add-on module to the Corporate Carbon Accounting Product. This add-on module leverages the following data from your ERP and other systems:

  • The “Corporate Carbon Footprint” (energy consumption, business travel, refrigeration, etc.) from CarbonSuite’s Corporate Carbon Accounting Product
  • Raw material purchases on vendor bills and other purchase transactions
  • Transportation & distribution data from item receipts, transfer orders, and item fulfilments
  • Production data from work orders
  • Product usage and end of life data tracked at the item level

CarbonSuite allocates data from these and other data sources to create a “Lifecycle Bill of Materials (Lifecycle BOM)” for items that you produce. This “Product Carbon Footprint” can give you insights about the environmental impact of your products. It can also act as a data input for value chain surveys that you receive (i.e. if your customers or suppliers request your product carbon footprints).

CarbonSuite will generate the Product Carbon Footprint and add a link on Invoices you send to customers. You can even configure the Product Carbon Footprint to show on customer-facing invoices so they can automatically see the emissions associated with their purchases.

Ready to learn more about Product Carbon Accounting?