The advantages of going green:
Business Sense
Reducing carbon emissions internally automatically leads to reducing the energy consumption and raw materials, hence increasing efficiency.
Legislation
With the release of the National Policy on Climate Change, there is pressure from legislation too to go green. The pressure is only going to increase in future.
Public Demand
Society is changing. Climate Change is front page news now. The public is aware and alarmed at industrial emissions. Today, they demand to go green.
Investor Interests
If investors feel climate change impacts are not managed strategically, it will be reflected in company’s share price. That is one segment no one can afford to ignore.
Project Cycle:
- Establishing project boundaries for carbon footprint
- Identifying GHG sources and sinks for the chosen scope
- Define the quantification methodologies/calculation approach
- Define the scope of inventory
- Collect GHG activity data and chose emission factors
- Apply calculation and determine carbon footprint
- Offset the emissions
- Verification by third party (Optional)
- Report your carbon footprint
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