Carbon+Alt+Delete

Kenneth Van Den Bergh explains that humanity has a finite "carbon budget" of approximately 600 gigatonnes of emissions remaining before reaching a 1.5 degrees Celsius temperature increase, and argues that we should track carbon emissions with the same rigor we apply to financial accounting.

Kenneth Van Den Bergh discusses how carbon footprint calculation is a mandatory component of CSRD reporting, particularly within the E1 climate disclosure requirements, which encompasses nine disclosure items including energy consumption, carbon emissions across scopes 1-3, climate targets, governance, action plans, and climate risks. He explains that companies must update their scope 1 and 2 emissions annually and scope 3 emissions at least every two years, with carbon footprint serving as a foundational input for the broader climate reporting obligations under CSRD.