Green initiatives vary greatly. Some initiatives are aimed at reducing emissions of CO2 – e.g. by using sustainable fuels or greener inputs into the production process. Other initiatives are aimed at removing CO2 from the atmosphere – e.g. by planting trees. As part of many green initiatives, companies can generate carbon credits. A company undertaking a green initiative and generating carbon credits for sale in the ordinary course of business generally applies the following accounting standards.
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This page references specific IFRS® Accounting Standards – see our glossary for the full list of standards.
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