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Decarbonise with strategic foresight, leaders across sectors have to address several competing imperatives: recover from the COVID-19 crisis, prepare for a world of artificial intelligence (AI) and extreme automation, and grow in increasingly competitive markets, while achieving their net-zero pledges.
Ensure decarbonisation aligns with your overall business strategy;
Evaluate and develop a common understanding of the nonlinearity of climate change, competition for renewables and offsets, and the impact of decentralised energy in the marketplace;
Define the reporting strategy for internal and external stakeholders, including public disclosures;
Shift your capital structure to account for the increasing role of climate in finance; Align executive compensation with environmental performance;
Demonstrate provable progress through targeted emissions- reduction initiatives that support broader business goals.
Align executive compensation with environmental performance;
The life cycle impact assessment (LCIA) considers emissions into the air, water, and soil in addition to all pertinent environmental inputs (such as ores and crude oil, water, and land use) (e.g., carbon dioxide and nitrogen oxides). For carrying out a Life Cycle Assessment in accordance with ISO 14040 and 14044, the International Organization for Standardization provides guidelines and requirements.
The process of conducting analyses to determine the total GHGs produced, both directly and indirectly, by business operations and other organisational activities is known as greenhouse gas (GHG) accounting, also known as carbon accounting. This is also referred to as a company's carbon footprint.
The Science Based Targets initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wide Fund for Nature.
A life cycle product carbon footprint measures the total greenhouse gas emissions generated by a product, from extraction of raw-materials, to end-of-life.
Help erase your carbon footprint by funding environmental projects that combat climate change.