Compliance with Policies and Regulations

Nowadays, many countries have laws and regulations related to carbon emissions. The calculation of the carbon footprint is necessary to comply with these regulations and avoid potential penalties. Sustainability reports and GHG (Greenhouse Gas) declarations are very important at this stage. While publicly traded companies include their emissions in annual reports, as of October 2023, exporting companies are obliged to calculate their emissions on a quarterly basis.

According to the new tax regulations published by the European Union, taxes will be determined based on the carbon emissions generated during the production of products. Companies need to calculate their emissions in order to maintain market share and achieve cost-effective production.

Low Carbon Economy

Sustainability and Carbon Management

The carbon footprint plays a critical role in achieving sustainability goals and transitioning to a low-carbon future. Companies can play an active role in combating climate change with carbon footprint reduction strategies and can benefit from green financing sources.