Climate Horizons’ Post

Did you know that the biggest part of your organisation’s carbon footprint might not even come from your own operations? 🌍 Scope 3 emissions—those hidden in your supply chain—often make up the largest share, yet they’re the hardest to track and reduce. In fact, according to a recent article by Carbon Herald, up to 90% of emissions for many companies are found in these indirect sources, making them critical to understand. However, 41% of organizations struggle to gather consistent supplier data, which makes reducing these emissions a major challenge. Check out the full article for more info: https://lnkd.in/gwZ2NqjE Thanks to John Spear for the valuable insights. At GNFZ, we work with you and your partners to simplify this process. We begin with a materiality assessment to help prioritize key emission sources, and we’ve designed an easy onboarding program for your suppliers to assess their Scope 1 and 2 emissions—data essential for calculating your Scope 3 footprint. #Scope3Emissions #Sustainability #NetZero #SupplyChain #CarbonManagement #ClimateAction #MaterialityAssessment #ESG #CorporateResponsibility”

Reducing #CarbonEmissions is crucial for businesses to uphold sustainability and long-term success. We share 3 benefits of doing so: 1. Cost savings: Reducing carbon footprints often leads to increased energy efficiency, translating to lower operational expenses. 2. Enhanced reputation: Demonstrating environmental responsibility attracts stakeholders and boosts brand image. 3. Regulatory compliance: Proactive measures ensure adherence to regulations, mitigating risks and avoiding penalties. Our #GHG Platform, developed in collaboration with sustainability experts, offers a comprehensive solution to monitor and mitigate greenhouse gas emissions effectively. By leveraging advanced data analytics and expertise, companies can identify emission hotpots and implement targeted strategies for reduction. This not only aligns with environmental goals but also enhances operational efficiency and strengthens reputation. Together, let's pave the way for a greener future through proactive emission reduction efforts.

𝐒&𝐏 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐞𝐯𝐞𝐚𝐥𝐬: 𝐋𝐞𝐬𝐬 𝐭𝐡𝐚𝐧 𝐇𝐚𝐥𝐟 𝐨𝐟 𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐔𝐒 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐇𝐚𝐯𝐞 𝐍𝐞𝐭-𝐙𝐞𝐫𝐨 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐆𝐨𝐚𝐥𝐬, 𝐃𝐞𝐬𝐩𝐢𝐭𝐞 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐏𝐫𝐞𝐬𝐬𝐮𝐫𝐞 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 𝐀𝐝𝐨𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐍𝐞𝐭-𝐙𝐞𝐫𝐨 𝐓𝐚𝐫𝐠𝐞𝐭𝐬: Only 45% of leading US companies have set a net-zero emissions target, highlighting the need for greater commitment to sustainability initiatives. 𝐒𝐜𝐨𝐩𝐞 𝟑 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐆𝐚𝐩: While companies are making strides in reducing Scope 1 (direct emissions) and Scope 2 (purchased electricity) emissions, the ambition falls short for Scope 3 emissions (generated throughout the value chain), averaging just an 11% reduction target. This gap underscores the importance of addressing emissions beyond direct operational control. 𝐋𝐚𝐜𝐤 𝐨𝐟 𝐀𝐦𝐛𝐢𝐭𝐢𝐨𝐮𝐬 𝐈𝐧𝐭𝐞𝐫𝐢𝐦 𝐓𝐚𝐫𝐠𝐞𝐭𝐬: The analysis emphasizes the importance of setting ambitious near-term targets (interim targets) as stepping stones towards achieving long-term net-zero goals. However, only 33% of emissions are covered by net-zero commitments with interim targets aiming for 2035 or sooner, leaving a significant portion of emissions reductions with no clear roadmap for achievement in the critical near-term. credits: ESG news.com #EarthEmission #ESG #carbonemissions #industrialemissions

MOL are pleased to have contributed to “Carbon Dioxide Removal and the Journey to Net Zero: A Call to Action for Business”, a publication launched by WBCSD – World Business Council for Sustainable Development and Climeworks. There is an urgent need to scale the carbon removal industry to reduce emissions. The publication contains insights into the carbon removal strategies of sixteen leading organizations across sectors such as shipping, retail, tech, and consumer goods to provide a framework rooted in real-world examples. Through interviews with leading organizations including MOL, it highlights the business value for carbon dioxide removals across multiple sectors, illustrating that companies can maximize impact and manage risk by building a diversified, science-based CDR portfolio early on. The business case for CDR is strong: reap the returns by integrating carbon removal into your organization’s strategy now, and secure access to future capacity across different CDR technologies. #MOL #shipping #WBCSD #climeworks #CDR #NetZero

🌍 Sparking Truth: From Words to Action at Resonac      At RESONAC - Graphite Business Unit, we believe the time for real sustainability action is now. Our commitment goes beyond trends—it’s about integrity and responsibility for a sustainable future.     In May 2024, we launched Sparking Truth, our sustainability brand, and today we’re excited to release our first Sustainability Report. This milestone highlights our progress in:  - Decarbonizing operations 🔋  - Prioritizing people and communities 🤝  - Strengthening governance 📊     We’re setting new goals to reduce emissions, protect the planet, and support our communities. With people at the heart of our decisions, we’re committed to driving meaningful change.     🔗 Please scan the QR Code in the slides to access the full report.    #Sustainability #SparkingTruth #ESG #Resonac #WearePeople #Innovation  

Embracing a ♻️ #circulareconomy in the #OilandGas sector is no longer just a forward-thinking #sustainability initiative; it has become a crucial driver of competitive advantage and long-term viability. Companies can achieve transformative outcomes, by focusing on key areas such as waste minimisation, resource efficiency, and innovative practices. These include operational cost reductions, enhanced resource resilience, and a workforce fully engaged in sustainability-driven processes. Learn about the dss⁺ circular economy (CE) framework here: https://lnkd.in/d3hVM7v3

🌱🌱🌱 The impact is clear: "Pure Storage products consume up to 10 times less power than energy-hungry hard disk storage and up to five times less than solid state drives (SSDs). Simply put, Pure's mission is, and has been from day one, closely aligned with our focus on environmental sustainability. Read more in the 2024 ESG Report. 🌱🌱🌱. #PureStorage

Did you know that: 65% of annual revenue of largest 2,000 companies is covered by a net zero target?! Almost each and every mid to high level industrial company around the world MUST BE fully committed to NET ZERO regulations of one, two, or all of the below locations that they’re operating from/in/for: Country of origin Country of operation Country of export/ sale So as you see, any of international industrial companies, if even not forced by their hosting government to commit to NET ZERO regulations, they may need to be compliant with the country of origin or country of destination. BTW, not only O&G industry, but also the following industries can also be potential users of #SLB DIGITAL SUSTAINABILITY PROGRAM: Cement Chemicals Utilities Steel For your kind information, SLB is introducing Digital Sustainability Platform (DSP) which can be utilized by any of the above mentioned potential clients and INDUSTRIES around the globe. Feel free to reach me out if you need more information about this area. The following link is also very useful to get more into the subject: https://lnkd.in/e4yQxirz #weareSLB #digital #sustainability #netzero #MakeYourBestMove on your climate action journey

Time to make sustainability measurable, material, and valuable. Since early 2024, tremendous sustainability efforts have been made within BPG to build up our product profiles with a mission to accelerate the circular economy globally. We have been carrying out various LCA projects, starting with assessing sustainability performance and potential impacts of aggregates and metals from IBA. We tackle not only landfilling contamination, but also recover valuable resources from seemingly non-recyclable waste. We estimate that our reprocessed products would help avoid more than million tonnes of GHG emissions, said Thuy MAI-MOULIN. We aim to support businesses to valorise secondary resources, and at the same time reduce and reverse climate impacts at the global level. Would you like to keep updated with our sustainability efforts and material potentials? Have a look at our website and follow our LinkedIn page. https://lnkd.in/g-Bu8UZr #Sustainability #CircularEconomy #Buildingasustainablefuture #ResourceRecovery