A company introduced a  carbon accounting system to respond to the market pressures about environmental sustainability. Choose the correct answer:a.Carbon accounting serves the goal of maximizing the profit of the venture, by directly reducing the costs that the venture will encounter in the futureb.None of the other optionsc.For an electricity company whose energy mix includes 30% fossil fuel, 70% coal, the assessment of carbon accounting will likely result in larger scope 2 compared to scope 1 emissionsd.In a setting characterized by information asymmetries, the venture will likely communicate the exact (real) amount of emissionse.Carbon accounting will be a prerequisite for the emission trading system

Carbon Accounting software goal is to:a.Help organisations report their carbon emissions.b.All of the abovec.Help organisations quantify their carbon emissions.d.Help organizations manage their carbon emissions.

What does the term "carbon footprint" refer to in sustainability management?Question 3Answera.The amount of carbon stored in a forest b.The physical impression left by carbon emissions c. The impact of carbon pricing on business operations d.The total emissions produced by an organization

There are two main types of carbon pricing: emissions trading systems (ETS) and carbon taxes. The choice of the instrument will depend on national and economic circumstances. Group of answer choicesTrueFalse

How does environmental accounting contribute to risk assessment?

The GHG Protocol Corporate Accounting and Reporting Standard provides requirements and guidance for companies and other organisations preparing a corporate-level GHG emissions inventory, whereby,Scope 1: All direct GHG emissions of an organisationScope 2: Indirect GHG emissions from consumption of purchased electricity, heat, or steamScope 3: Other indirect emissions - full corporate value chain emissionsScope 4: Reductions in clients scope 3 achieved by company’s smart emissionsGroup of answer choicesTrueFalse