Post by account_disabled on Feb 20, 2024 6:26:57 GMT 2
The pandemic derived from COVID-19, in addition to all the disruption it brought to our routine and health care, accelerated the need to migrate to a sustainable lifestyle and highlighted the urgency of addressing the various social and environmental challenges to which the world faces. This prompted more companies to commit to the footprint they generate and even reduce their emissions. However, to date they still have difficulty measuring and verifying the impact they have from their headquarters to global operations and supply chains. To support them, climate accounting technologies emerged and are being developed that allow them to track, measure and verify their carbon emissions and resource management, as well as inform their stakeholders. As more of these tools become available, companies making ambitious climate commitments will need to adopt emissions and carbon tracking and reporting technologies, something that undoubtedly remains a tedious task. Emissions reports, where to start? Like social responsibility or sustainability reports generated by companies, emissions reports must be relevant, complete, consistent, precise and transparent, but above all: attractive and easy to read. In them, companies highlight their objectives, results and other relevant data that prove their behavior and impact with the environment and the communities close to them.
International policies and regulatory instruments for non-financial reporting According to Erika Karp, CEO of Cornerstone Capital Group, as more companies adopt net-zero carbon commitments , they will be held accountable to their stakeholders, and one of the first steps to begin developing the document focuses on measurement. It all depends on the measurement It can currently be complex to Europe Cell Phone Number List compare emissions reductions acquired through carbon offsets, renewable energy certificates, direct purchases of carbon-free energy under contract, among others. As in the case of commercial real estate, to evaluate their carbon footprint, companies will need to accurately monitor each building's energy use. Courtesy: worldculturenetwork This includes energy efficiency measures and their backup energy systems and fuels used, and thus being able to detect and report where the source comes from to supply those buildings and determine the carbon footprint of each kilowatt-hour or British thermal unit ( Btu) of that energy. Real-time emissions reports Assessment of energy use and associated carbon impact will need to be done in real time, because the mix of energy use on the grid changes frequently, and transmission and other constraints can limit the availability of renewable energy.
According to Erika Karp, collect data from different suppliers, from energy use and embodied carbon, and use it to determine the following emissions: Scope 1 (under the control of a company). Scope 2 (indirect from energy purchases still under the company's control). Scope 3 (of activities not under the control of the company). It is challenging due to the lack of comprehensive standards for carbon accounting or a single set of guidelines on how to audit, verify and report. What's available now? Most of the measurement tools already available focus on energy and carbon consumption, and consider the emissions generated in: Scope 1 and Scope 2. However, new companies such as ClearTrace, Flexidao, The Energy Origin and Allinfra are emerging that offer a range of solutions that address the challenge of measuring more than just energy and emissions. In the case of Flexidao , a blockchain platform is offered to track renewable energy generation, while Origin Energy tracks renewable energy generation and final consumption using real-time sensors and a blockchain-based platform.
