In this episode of the podcast, I have talked about companies going carbon neutral and the ways they are achieving it.
Companies I have talked about is:
I will discuss non-IT companies as well in my future podcast for sure.
Additional Info:
Scope 1: Direct GHG emissions occur from sources that are owned or controlled by the company...
Scope 2: Indirect GHG emissions from the generation of purchased electricity consumed by the company.
Scope 3: All other indirect emissions(e.g. extraction and production of purchased materials; and use of products and services sold).
While the Greenhouse Gas Protocoladvises that Scope 1 and 2 emissions measurement and reporting is mandatory, Scope 3 is an optional reporting category and allows for broad and often subjective interpretation of what emissions a company is responsible for. More recently, a focus has been on climate risk inherent in corporate operations and business models leading to detailed guidance from the Carbon Standards Disclosure Board(the Climate Change Reporting Framework, 2012) and the mainstream Financial Stability Board (Task Force on Climate-‐related Financial Disclosures, 2017). Both of these recommend corporations understand forward-‐looking climate risk, which depending on the sector, would likely involve a full analysis of Scope 1,2 and 3 emissions, both in absolute terms and relative to peers.
"Over the next 35 years, the nature of the energy market will change fundamentally. Annual investment in the sector is expected to grow to US$ 455 billion by 2030 and reach US$ 800 billion by 2050."
n May 2019, the States of Jersey Assembly voted to agree on P.27/2019, and declare that4: there exists a climate emergency likely to have profound effects in Jersey, and that in order to deal with this situation...Jersey should aim to be carbon-neutral by 2030, and the Council of Ministers is accordingly requested to draw up a plan to achieve this, for presentation to the States by the end of 2019.
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