Carbon Account Carbon Ledger Management System

Source: B&R Working Committee

Applicating Company

RocKontrol Technology Group Co., Ltd.

Technology Name

Technical principle

Relying on advanced IoT sensing equipment, it realizes the automation of greenhouse gas data reporting through real-time data acquisition. Using blockchain and identification analysis technology, the carbon emission data is 3D-coded, giving each data a unique identity. After the enterprise carbon data is uploaded, the enterprise's carbon emissions can be calculated with one click through the calculation model and national standards embedded in the background of the low-carbon environmental energy management system. According to the company's historical emissions and the current year's carbon emission plan, the company's balance is calculated in real time. When the carbon balance is about to be insufficient, early warning information will be sent in time to help companies manage their own carbon data ledgers, form an automated carbon data management system, and activate corporate carbon asset management.

The carbon account system makes full use of technologies such as the Internet of Things and blockchain to help companies grasp their own carbon emissions and the objective gap to achieve carbon neutrality goals, help companies better plan production and operation behaviors in advance, and enhance their awareness of proactive emission reductions. Enterprises can use the carbon account system to collect and account for corporate carbon emissions data to achieve efficient management of carbon assets.

Carbon ledger can help regulators to establish a sound and transparent carbon emission statistics and monitoring system, fully grasp the carbon emission status and emission reduction effect of enterprises, make timely planning and decision-making based on real-time carbon emission data of enterprises, and fully stimulate the carbon emission potential of enterprises. The construction and operation of this system can provide scientific and effective data support for the two-level control and pollution reduction and carbon reduction in the process of Luxi County’s realization of the overall dual-carbon goal, and provide an objective basis for regional environmental management, corporate environmental assessment and other work.

Scope of application

All enterprises with carbon management awareness, including emission control companies and non- emission control companies. State-owned enterprise parent company used to manage subsidiaries, and carbon data supervisory unit used to manage enterprises in the region.

Process flow and description

The carbon account is similar to a bank account that stores carbon emissions and carbon emission reductions. By recording the carbon emissions and carbon emission reduction behaviors in the production and operation activities of the account subject, the quantified carbon emissions and emission reductions are accumulated and included in the corporate carbon account. Among them, the construction of carbon accounts has three characteristics: accurate data, scientific accounting, and objective evaluation. In regions and countries such as the European Union, the United States, Canada, and Australia, for account entities, the "carbon account" is no less important than the credit account. It quantifies the responsibility and responsibility of an individual or enterprise to the environment, the country, and even the earth. contribute.

The carbon ledger is similar to a bank that records the carbon account information of each entity. By recording the carbon emissions and carbon emission reductions of each entity, it can grasp the overall carbon emission situation in the region, and combine the contribution of each account entity's GDP, product output, etc., to each carbon account. The main body conducts performance evaluation and represents the carbon emission level of the enterprise in the form of a multi-color code, thereby serving government supervision and assistance. From the perspective of supervision, combine the carbon emission level of enterprises with the differential management and control of the performance of heavy pollution weather, carry out stricter management and control regulations for high-carbon and high-pollution enterprises, and provide enterprises with more fiscal and taxation policies and financial policy support from the perspective of assistance. . In this way, various account entities are guided to transition to low carbon.

Promotion prospects

Carbon account The carbon account system has high promotion prospects.

Achieving carbon peaking and carbon neutrality is a broad and profound economic and social systemic change. In order to thoroughly implement the spirit of General Secretary Xi Jinping's important instructions and implement the decision-making and deployment of governments at all levels to actively respond to climate change, this project is to implement the new concept of green and low-carbon development, take carbon reduction as the starting point, and achieve organic government guidance, market operation, and social participation. It is an important tool to promote green transformation and upgrading of economic and social development.

There are more than 8,000 emission-controlled enterprises nationwide, and at the same time, there are a huge number of small and medium-sized enterprises. Carbon emission reduction of small and medium-sized enterprises is an important part of achieving the "30·60 goal". Small and medium-sized enterprises contribute the main output, employment and tax revenue, and occupy the larger share. SMEs should pay enough attention to carbon emission reduction, so carbon accounts and carbon accounts have broad market prospects.

At present, SMEs are facing difficulties in reducing carbon emissions. First, SMEs lack sufficient awareness and manpower, making it difficult to count and monitor carbon emissions. Second, a considerable number of small and medium-sized enterprises have low technical level, high energy consumption and large carbon emissions. Third, SMEs have not yet faced higher carbon prices, and there is insufficient pressure to reduce carbon emissions. At present, the national or regional carbon emission rights trading market is usually large enterprises in industries with high energy consumption and high emission, and it is difficult for small and medium-sized enterprises to be levied carbon taxes (fees) in the short term. Fourth, a large number of small and medium-sized enterprises are located in the downstream of the industrial chain, with low profit margins and weak tolerance for carbon price increases, which may restrict the introduction of relevant policy tools. Fifth, it is difficult for SMEs to enjoy the current green financial support tools. Small and medium-sized enterprises are at a disadvantage compared with large enterprises in terms of carbon accounting, information disclosure, operational strength, and credit status, and it is not easy to obtain the support of green finance. It is necessary to actively promote SMEs to conduct carbon accounting and establish carbon accounts, which is the basis for enterprises to develop green and low-carbon and obtain financial support. Drawing on the experience of Quzhou, Zhejiang, and with the support of the local government, the People's Bank of China organized the collection of energy consumption information such as coal, electricity, and gas in enterprises, converted them into standard coal, calculated the carbon emissions of energy consumption and process production of enterprises, established carbon accounts, and established carbon accounts according to the emissions of enterprises. The amount is divided into different types, and the corresponding incentives are given. In addition, financial technologies such as big data and artificial intelligence should be fully utilized to efficiently and conveniently conduct data collection and accounting.