Climate accounting
Understand your CO2 emissions with a carbon account. We can help you with data, calculations, and systems – providing a strong foundation for action and business value.
Climate accounting – get a clear view of your climate impact
A carbon account is the first step towards understanding and acting on your CO₂ emissions. It shows where your emissions come from – both directly and across your value chain – giving you a solid basis for prioritising actions and documenting your climate footprint.
We handle the technical side and ensure consistency in data collection, calculations, and documentation. If needed, we also set up digital systems so you can track your progress over time and streamline reporting.
A multidisciplinary approach
Our advice builds on more than 20 years of experience with climate data and includes technical calculation, digital setup, and communication. At Viegand Maagøe, we draw on a wide range of expertise – our climate accounting specialists collaborate with digital developers, communicators, engineers, and EU policy experts as needed, ensuring that the solution fits your specific needs.
Use cases
We have extensive experience with climate accounts for Science Based Targets, ESG reporting, and climate communication.
Do you want to join SBTi, or let everybody know that you have already did so?
Benefits of climate accounting
- Provides an overview of where your CO₂ emissions come from
- Strengthens your business by revealing potential for savings and efficiency
- Supports better decision-making
- Enables meaningful dialogue with customers, investors, and partners
- Makes it easier to meet upcoming requirements and expectations
- A strong first step toward a climate strategy or ESG/SBTi documentation
Our method
We use the Greenhouse Gas Protocol (GHG Protocol) to quantify all your direct and indirect CO₂ emissions.
Reduction targets are set using the Science Based Targets initiative (SBTi), ensuring alignment with the goals of the Paris Agreement.
What is the Greenhouse Gas Protocol (GHG Protocol)?
Typical process for climate accounting
At the beginning of the project, we decide together how to best approach the task. We can do everything for you in our Excel-based model and deliver a full climate account. You can also use Klimakompasset.dk – we will guide and validate, or we can handle the calculations, you report in Klimakompasset, and we check the results.
Why choose us and not an automated platform
We create climate accounts manually based on actual activities – not just accounting data. That means we can adjust emission calculations for major purchases so they reflect your real consumption instead of using generic averages. The result is a more accurate carbon account.
This also makes it easier to:
- Track progress and compare results over time
- Explore ‘what-if’ scenarios and support strategic decisions
- Highlight the climate impact of green purchasing – even when it’s more expensive
Learning with long-term value
We teach you how the GHG Protocol works – and how to use your climate account in practice, including for communication and marketing.
Our goal is to make you independent from consultants like us, if that is what you prefer.
After the first carbon account, you can either:
- Continue updating it yourselves annually (or more often)
- Or have us do it for you at a low cost – since the groundwork will already have been done
Deliverables
- Climate account (scopes 1, 2, and 3) for the selected base year in line with the GHG Protocol – with visual breakdown and hotspots
- Calculation and documentation files
- Training in carbon accounting
- Introduction to relevant frameworks, such as the Science Based Targets initiative
- Input for your continued CO2 reduction strategy work
What is the next step? From accounting to strategy
A climate account is the foundation of any climate strategy. Without knowing where your emissions come from, it’s impossible to set targets, prioritise actions, or track progress.
Once you understand your climate footprint, you can develop a strategy that reduces emissions and strengthens your business – for example through lower energy costs, better resource use, and a stronger market position.
