Smith Conducts Interviews to Tackle Carbon Accounting and Carbon Avoidance
Authors: Vanessa Christabel and Alexandra Goyco-Velez, Smith & AssociatesSmith recently interviewed representatives from large hyperscalers, OEMs, and other key players in the electronics industry under the Circular Drive Initiative (CDI) and Open Compute Project (OCP) umbrella. Through these interviews, we gained a deeper understanding of carbon avoidance and carbon accounting as it pertains to companies that utilize electronic devices in their workflow processes and the changes that should be made for a more sustainable industry. The interviews highlighted key topics, including discussions on amortization, reuse, and insets as areas of concern and consideration. Amortization and Carbon Responsibility Amortization is a specific method derived from accounting that enables an organization to spread costs—typically of longer-term assets—over a period of time. For the purposes of our industry’s needs, amortization will be applied when discussing the longevity of an electronic device and its embodied carbon from the first user to the second user and to any subsequent users thereafter. During the interviews, a central question was raised: Who is responsible for embodied carbon? Coming to a unanimous decision on carbon reporting standards is a multifaceted goal that would require the marriage of reporting standards, best practices, and clear accountability of carbon emissions. Currently, [...]