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Climate Accounting – Gain Control Over Emissions, Risk, and Climate Requirements

Climate accounting is no longer a “nice to have.” It is a critical management tool for organizations seeking to remain competitive in the face of stricter climate regulations, more conscious customers, and increasing expectations from banks and investors.

At Aider, we support organizations in establishing, assuring, and utilizing climate and greenhouse gas accounting as a proactive decision-making foundation – not merely as a compliance or reporting exercise.

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Why Climate Accounting Is Strategically Important

1. Reduced Risk

Lack of transparency into emissions can lead to lost contracts, less favorable financing terms, and reputational damage.

2. Increased Competitiveness

Organizations with documented climate initiatives win more tenders and strengthen their market position.

3. Cost Savings

Systematic work with emissions data reveals inefficiencies in energy use, transportation, and procurement.

4. Improved Management Insight

Integrating climate accounting with financial data provides meaningful insight into both profitability and sustainability.

Climate Accounting Requirements – Who Must Report?

Requirements for climate accounting are tightening rapidly. An increasing number of organizations are directly or indirectly subject to mandatory sustainability reporting.

Typical triggers for climate accounting requirements include:

• Requirements from customers in tender processes
• Requirements from banks and financial institutions
• Requirements from owners and investors
• Reporting obligations under sustainability regulations
• Requirements within supply chains
  
  

Many medium-sized organizations that are not currently subject to direct reporting obligations are still affected through their customers. As a result, climate accounting has become a competitive factor – not merely a regulatory issue. 

 

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How We Work with Climate Accounting at Aider

We combine accounting expertise with sustainability insight and technological solutions.

1. Mapping and Materiality Assessment
We identify which emissions are relevant to your organization.

2. Data Collection and Quality Assurance
We establish structured processes for data collection and ensure traceability.

3. Greenhouse Gas Accounting Calculations
We calculate emissions in accordance with recognized standards and document methodological choices.

4. Analysis and Action Plan
We identify concrete measures that reduce both emissions and costs.

5. Reporting and Communication
We ensure that your climate accounting meets current requirements and can be actively used in dialogue with customers and financial institutions.

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Test MoreScope – Free for 14 Days

Simple, efficient, and robust climate accounting is essential for organizations that want control over their climate footprint and compliance with increasing sustainability requirements. At Aider, we support you with climate accounting through our partnership with MoreScope – one of the market’s leading climate accounting systems, developed in collaboration with SINTEF.

With MoreScope, you gain access to a user-friendly climate accounting tool that provides full visibility into emissions and climate data. The solution simplifies the collection, analysis, and reporting of climate data, enabling better decision-making and clear documentation of the impact of your initiatives.

When working with Aider on climate accounting, you receive close support from our sustainability team. We guide you throughout the entire process – from data collection to finalized climate accounts – ensuring that all relevant data is included. The result is a solid foundation for decision-making and improved control over your organization’s climate efforts.

Climate accounting is also an important first step toward broader sustainability reporting. In combination with the requirements of the Transparency Act, it provides a comprehensive foundation for further reporting in line with CSRD, VSME, and the EU Taxonomy. This positions your organization to meet future requirements and work strategically with sustainability.

You can now test MoreScope free for 14 days – register here.

 We recommend MoreScope, but we are, of course, happy to support you in the system you prefer. 

 

How MoreScope Works

Automatic Setup

The tool uses key figures from your most recent annual accounts to provide a quick initial estimate.

Customize with Your Own Data

If you have your own climate data from operations or suppliers, you can input it to increase accuracy.

Completed Climate Accounts

You receive a comprehensive overview of emissions across Scope 1, 2, and 3, in accordance with the GHG Protocol (Greenhouse Gas Protocol).

Frequently Asked Questions About Climate Accounting

• • What is the difference between climate accounting and greenhouse gas accounting?

    The terms are often used interchangeably. Climate accounting is the broader concept, while greenhouse gas accounting specifically refers to the measurement of greenhouse gas emissions. 

  • How long does it take to establish a climate accounting framework?

    Most companies can establish a basic climate accounting framework within 2–6 weeks, depending on data availability and complexity. 

  • Do we need to invest in new systems?

    Not necessarily. Many companies can use existing accounting and ERP systems as a data foundation. 

  • Can climate accounting deliver financial benefits?

    Yes. Many organizations experience reduced energy costs, improved tender competitiveness, and increased attractiveness to financial institutions. 

 

I'm ready to help!

• 

  Camilla H. H. Gulsett

  Senior Manager • ESG Manager • Oslo

  camilla.gulsett@aider.no

  +47 97 71 91 21

  LinkedIn

• 

  Adrian Apelseth

  Manager • Bergen

  Adrian.apelseth@emisoft.com

  +47 99 55 90 30

  LinkedIn

Reach out to us!