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RegistrarseEstablezca sus 3 objetivos, el año de referencia, el objetivo de reducción y la contabilidad del carbono. Elabore una hoja de ruta, medidas y redondee su presupuesto.
Información
Establezca sus 3 objetivos, el año de referencia, el objetivo de reducción y la contabilidad del carbono. Elabore una hoja de ruta, medidas y redondee su presupuesto.
To decarbonise your business, begin with implementing its greenhouse gas (GHG) accounting system and measure Scope 1, 2 and 3 emissions (1). Quantifying enables you to become aware of your business’ impact on climate, of where you should reduce of how much, and will allow you to monitor your GHG decrease over time (2). In short, better decision-making (3). To exemplify, the Greenhouse Gas Protocol provides the most used GHG accounting standards (4). Second, choose a baseline year (your GHG emissions starting point) and set a reduction target (your quantified and timed GHG destination) based on your remaining GHG budget (aligned with the global warming limit of 1.5 ºC above pre-industrial levels (5)). Then, delineate corresponding reduction milestones for the short and long terms, as well as absolute and relative emissions KPIs (1). Among others, the Science Based Targets initiative provides guidance on such targets to achieve net-zero emissions by 2050 (6). But to realise your reduction goals, you will need to couple your numerical roadmap with concrete measures (1). Let’s say energy and technological changes for example (1). At this point, various approaches can help you define these measures according to your priorities. For instance if you focus on the financial benefits for your company, you can evaluate the GHG saving potential of each measure in relation to its required investment, payback period, return, opportunity costs (e.g., the turnover you could loose from important customers due to a too high corporate carbon footprint), etc. (1). A standardised evaluation – such as the EN 17463 norm on the Valuation of Energy Related Investments (VALERI) – will help you in this approach by supplying comparable results (1) (7). In such a case, starting with the easiest measures offering an immediate effect on the company’s profitability can increase motivation as well as budget for the more difficult ones, cutting greater amounts of GHG emissions (1). If your priority is to couple your carbon footprint reduction with broader environmental and social benefits, an approach such as the Comprehensive Accounting in Respect of Ecology (C.A.R.E.) may better answer your expectations (8). It’s simple: now you learned how to succeed your corporate decarbonisation, explore the miscellaneous approaches that exist and determine which one suits the best your needs! When implementing their decarbonisation, all businesses will discover themselves from a perspective they never experienced before. This offers them massive opportunities. Indeed, decarbonisation presents companies a myriad of possibilities, from efficiency gains to reinventing themselves completely. Progress, innovation and abundance are just at your fingertips.
Almost 10 years ago, during the 21st Conference of Parties (COP21), an instrumental international climate initiative was struck, i.e., the Paris Agreement. Applying in all signing countries (194 plus the European Union (EU) (9)), the latter aims at restraining global warming to 1.5 to 2°C compared to pre-industrial levels (10). In the EU for instance, GHG emissions from industry accounted for 20.3% of the total amount emitted there in 2022 (11). Yet, depending on the line of business, diminishing successfully a corporate carbon footprint can be more or less difficult. Particularly when not knowing how to proceed. This dampens behavioural change of corporations. However, implementing a conscious corporate strategy towards this goal solves that problem. Indeed, self-regulation through committing to emission reduction targets and elaborating a corresponding plan was ranked as one of the most frequently applied and effective measures to reduce GHG emissions in companies (12), enabling to decarbonise faster (13). Ready to put these new learnings into practice?
SOFIAC decarbonization accelerator
Una solución de inversión innovadora que acelera la transición energética y la descarbonización de las empresas.
The information presented above, is solely for the purposes of information. The Solar Impulse Foundation does not assert to possess the definitive answer but aims to present intriguing facts deemed important for consideration in our daily choices and discussions related to climate action. It does not intend to function as a moralizing entity but rather seeks to showcase societal norms that may not always be logical, while also offering better, more environmentally friendly alternatives, catered to improving the overall well-being of individuals andsociety in general.
