Greenhouse gas (GHG) accounting is an important tool that businesses use to achieve operational efficiency and climate action. GHG accounting takes the crucial first step toward lowering emissions because it offers context before anything else. Seeing the full picture of our operations creates an avenue to identify points of improvement and inefficiencies, and it offers opportunities to apply the appropriate interventions to improve operations and emissions rates.
From the perspective of businesses, GHG accounting improves competitive advantage because customers, investors, and partners perceive efforts toward climate action as desirable compared to companies that do not actively advocate for climate action. Another advantage of this reduces risks during operations, including through value chains. GHG accounting classifies the emissions based on where in the operation process companies emit them and by what source. This gives more insight into where and when companies produce emissions and can therefore pinpoint excessive or avoidable emissions. Lastly, businesses do not only use GHG accounting for compliance purposes but also gear it toward environmental improvement and long-term business sustainability. By identifying the most efficient operation procedures, businesses maximize their resources to ensure longevity in their industries.
Drink and Basecheck’s Role in Transforming Business Sustainability
Drink Sustainability Communications (Drink), a PH-based consultancy firm established in 2010, has helped businesses effectively communicate their sustainability efforts, ensuring stakeholders, shareholders, and the general public understand how they work toward positive change. In 2024, Drink president and CEO Harris Guevarra founded Basecheck, Drink’s sister company that focuses on empowering businesses and organizations to navigate the complexities of achieving Net Zero through emissions monitoring and carbon-neutral strategies. Guevarra stated that almost all of their clients at Drink wanted to include GHG emissions data in their reports because they commit to transparency with stakeholders and acknowledge the value that GHG accounting holds for businesses.
GHG accounting is more than just a buzzword; it serves as a strategic tool that enables businesses to take meaningful climate action while improving operational efficiency and long-term resilience. By understanding where emissions occur and how they impact processes, companies make informed decisions that reduce risks, optimize resources, and strengthen their competitive edge. As sustainability becomes more valuable to stakeholders, integrating GHG accounting into business operations does not just meet standards, it leads the way toward a low-carbon future and ensures that businesses sustainably thrive.
Partner with Basecheck today to take your first step toward reducing GHG emissions and securing long-term business sustainability!
