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Mike Wallace, Chief Decarbonization Officer (CDO) at Persefoni, will present
Carbon accounting quantifies the number of greenhouse gasses produced by a company or organization to provide a better understanding of their carbon footprint. Carbon accounting also measures which part of a company's operation is responsible for the emissions. This final output is known as the organization’s greenhouse gas inventory — or carbon footprint.
With carbon accounting, organizations can make accurate assessments of where to concentrate their efforts at decarbonization. Carbon accounting is the essential language through which investors, businesses, finance and accounting professionals can speak to one another about climate change.
Measuring the carbon footprint of an organization means it can be managed and reduced, which helps achieve some of the goals of tackling climate change at an organizational level. This webcast will be useful to a number of accounting and finance professionals who want to implement it internally within their organization or within an accounting firm looking to provide assurance or advisory services.
Bio: Mike Wallace is an internationally recognized expert with nearly 30 years of experience in sustainability, ESG reporting/compliance, and managing social and human capital issues. He currently serves as the Chief Decarbonization Officer at Persefoni, a carbon accounting technology company, where he oversees strategic partnerships to help with the integration and application of Persefoni’s climate accounting and management platform (CMAP). Prior to joining Persefoni, Wallace was a partner at the global sustainability consultancy, ERM where he counseled clients on corporate responsibility and sustainability solutions and helped shape several strategic partnerships for ERM. In that role, Wallace also served as the Interim Executive Director for the Social & Human Capital Coalition, a multi-stakeholder project of the World Business Council for Sustainable Development (WBCSD). His work included overseeing the establishment of the overall governance structure, technical council and global network that drove the creation of the Social & Human Capital Protocol, which was officially launched at GreenBiz 2019 by the founders WBCSD, Nasdaq, and Microsoft. Prior to ERM, Wallace was a director for the Global Reporting Initiative (GRI), where he worked on foundational initiatives such as the International Integrated Reporting Council (IRRC), the European Commission proposal on corporate ESG reporting, and the UN Sustainable Stock Exchange Initiative (SSEi) on ESG listing guidance.
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