Carbon Footprint and Corporate Emissions Accounting

Kawamura Wataru

doi:10.2524/jtappij.77.1079

The term “Carbon Footprint” is often referred to as “CFP” in Japan, which is an abbreviation of “Carbon Footprint of Products,” and it means the amount of carbon dioxide emissions over the lifetime （life cycle） of a product or a certain process.<br>The main purpose of calculating CFP is to quantify the greenhouse gas emissions of products, and it allows companies to understand the impact of their products and identify where and how they can reduce their environmental impact. Moreover, it also helps customers understand their environmental impact associated with products they purchase.<br>Nowadays, many companies and societies are required to decarbonize, and companies are increasingly expected to calculate their CFP/organizational emissions to provide information necessary to select low emission products and to meet the needs of their customers and stakeholders.<br>In Japan, a program for CFP calculation and labeling have been in place since 2002, and in 2022, the Ministry of Economy, Trade and Industry （METI） gathered a study group to further expand CFP calculation among Japanese companies. The need for CFP calculation is expected to increase in the future, and rules and mechanisms are being developed around the world.

Carbon Footprint and Corporate Emissions Accounting

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