Firms that undertake ESG requirements tend to be more inclined to produce better profits,[46] as buyers are more oriented toward more ecologically pleasant and sustainable solutions.

But carbon footprints are calculated additional only than that. A phrase initial Utilized in 1999, it only refers back to the weight, normally in tons, of carbon dioxide (CO2) emitted on a yearly basis as a result of a specific action.

[22] The GHG Protocol suggests it's important to work out upstream and downstream emissions. There might be some double counting. It is because upstream emissions of one particular person's usage here patterns can be somebody else's downstream emissions}