Post by account_disabled on Mar 5, 2024 4:20:25 GMT
Climate action must be independent of four-year mandates. After experiencing patchy government support for climate action, more brands are eager to accelerate carbon reduction plans on their own – and consumers are starting to expect it too, so finding out about affordable ways to reduce The company's carbon footprint is essential. Fast Company commented that consumers are also wary of greenwashing , and that brands are increasingly skeptical about implementing costly initiatives with a difficult-to-measure impact. That said, it's not as daunting as it seems. Any company can take action by leveraging science-based solutions to significantly and measurably eliminate carbon emissions, and it doesn't have to be expensive. We tell you how to do it. 3 inexpensive ways to reduce your company's carbon footprint 1. Take advantage of existing measurement tools and methods If you are a company that creates physical products, the first step to reducing your carbon footprint is to truly understand your emissions, both where they are coming from and their potential impact on the environment.
The internationally accepted methodology for analyzing emissions consists of monitoring them by scope. There is Scope 1, which includes emissions we can control, such as flights and fleet vehicles. There is Scope 2, which Ecuador Mobile Number List are the emissions that we do not control but that affect our own operations, such as the electricity in an office. And then there is Scope 3, which is the emissions produced by the entire supply chain. If a company offers professional services or digital products, its emissions will mainly fall into Scopes 1 and 2. On the other hand, brands that create physical goods will have the majority of their emissions coming from Scope 3. inexpensive ways to reduce carbon footprint Larger companies often hire third-party sustainability consultants to conduct an audit of their supply chain, adding precision and validation to the measurement process. But the fixed costs of these audits are not only prohibitive for small and medium-sized businesses ($50,000 to $100,000), but they also divert monetary resources from areas where they could have a greater impact.
In fact, the costs of audits often exceed the cost of supply chain improvements or carbon offsets for a brand. Using the 80-20 rule—also known as the Pareto Principle—to measure emissions can help brands estimate their footprint based on the biggest contributing factors, such as materials, shipping modes, country of origin, energy sources and production volume. The Climate Neutral Brand Emissions Estimator can help point companies in the right direction, while being affordable and can be completed in about a day by someone managing production. 2. Don't underestimate the power of recycled materials The production of raw materials accounts for almost a quarter of global greenhouse gas emissions, of which more than 75% come from the production of steel, cement and plastic - in that order - and, generally, from there most of the emissions of a product come from. Recycling can avoid emissions generated by raw material extraction and energy-intensive refining processes. For example: Using recycled polyester instead of plastic can reduce emissions by 50% and using recycled aluminum has the ability to reduce emissions by 85% as crude oil and ore do not need to be extracted or used. massive amounts of heat or electricity for separation.