The manager of Brunswick Ltd is not convinced of the scientific evidence behind climate change, and does not think that it is necessary to adopt changes in the company's operations which would decrease its greenhouse gas (GHG) emissions. Brunswick Ltd's financial manager, however, has argued that if the company does not try to decrease its GHG emissions, the company's carbon footprint will begin to appear on its Balance Sheet with the introduction of a carbon emissions trading scheme. 

 

Required 

Explain what the financial manager means by a 'carbon footprint appearing on the Balance Sheet' and whether this 'footprint' would be visible to investors

Answer rating: 100% (QA)

The term carbon footprint appearing on the Balance Sheet likely refers to the financial implications of a companys carbon emissions Under a carbon emi... View the full answer