Business consulting services
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
Business process solutions
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
Business risk services
The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
As organisations become increasingly dependent on digital technology, the opportunities for cyber criminals continue to grow.
Forensic and investigation services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
Mergers and acquisitions
Globalisation and company growth ambitions are driving an increase in M&A activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer- term strategic goals.
Recovery and reorganisation
Workable solutions to maximise your value and deliver sustainable recovery
Transactional advisory services
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
The International Financial Reporting Standards (IFRS) are a set of global accounting standards developed by the International Accounting Standards Board (IASB) for the preparation of public company financial statements. At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting from IFRS 1 to IFRS 17 and IAS 1 to IAS 41.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
Corporate and business tax
Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
Direct international tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
Global mobility services
Through our global organisation of member firms, we support both companies and individuals, providing insightful solutions to minimise the tax burden for both parties.
Indirect international tax
Using our finely tuned local knowledge, teams from our global organisation of member firms help you understand and comply with often complex and time-consuming regulations.
Innovation and investment incentives
Dynamic businesses must continually innovate to maintain competitiveness, evolve and grow. Valuable tax reliefs are available to support innovative activities, irrespective of your tax profile.
Private client services
Our solutions include dealing with emigration and tax mitigation on the income and capital growth of overseas assets.
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business.
What are Scope 1, 2 and 3 emissions?
Scope 1: Direct emissions that result from activities within your organisation’s control. This might include onsite fuel combustion, manufacturing and process emissions, refrigerant losses or company vehicles.
Scope 2: Indirect emissions from electricity, heat or steam that you purchase and use. Although not directly in control of the emissions, by using the energy you are indirectly responsible for the release of CO2.
Scope 3: Any other indirect emissions from sources outside of your direct control. This category covers all the emissions associated, not with the company itself, but those for which the organisation is indirectly responsible up and down the value chain. This includes purchased goods and services, use of sold goods, business travel, commuting, waste disposal and water consumption.
The terms Scope 1, 2 and 3 emissions were created by the GHG Protocol in 2001, where their meaning is demonstrated in the following graphic:
Overview of GHG Protocol scopes and emissions across the value chain
An environmental road map to transformation
Our environmental roadmap supports you at each stage of your transformation journey, whether you are starting from scratch or in the process of executing your strategy. This roadmap will help determine your scope 1, 2 and 3 emissions and what you need to report.
Benefits of a well-defined environmental strategy
- Reduces emissions and safeguards the business from rising carbon tax costs
- Reduces energy consumption and protects the business against energy price rises
- Supports alignment with regulations, compliance and aligns to international reporting standards (which includes disclosures around scope 1, 2 and 3 emissions)
- Reduces the negative impact of an organisation to the environment.
We can help
We hope you find the information in this article helpful in giving you an overview of GHG emissions. If you would like to discuss any of the points raised, please speak to your usual Grant Thornton contact or your local member firm.