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Enable internal carbon fee calculation in Sustainability

Enabled for Public preview General availability
Users, automatically - Oct 1, 2024

Business value

Motivate your business or individual business units to reduce carbon emissions by setting up carbon fees for greenhouse gas emissions.

Feature details

Companies can set up an internal fee that they charge themselves for each unit of carbon they emit. An internal company carbon fee is a fee that a company charges itself for each unit of CO2 that it emits. The company sets the fee to encourage the organization to reduce its carbon footprint and be more environmentally sustainable. By putting a price on carbon emissions, the company motivates organizational units to find ways to reduce emissions and save money.

Organizations can set their carbon fee and fees for other greenhouse gas (GHG) emissions by scope type. They can also use a flat fee across scopes. GHG fee calculation should include allocations by Country/regions and by Responsibility Centers.

Administrators can enable carbon fee or other GHG fee calculations by using the GHG Fees field on the Sustainability Setup page. Business Central then automatically calculates the fees when you post sustainability journals, or you can run a manual action. Post the fees to the Sustainability Ledger Entry page. The fees are available in the Emission Fee field.

To use this functionality, set up fees on the Emission Fees page. Specify the GHG emissions to use in calculations and the emission fee amount. Use a recalculation model to calculate all fees in a carbon equivalent.

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Additional resources

Set up the Sustainability module in Business Central (docs)