Post by account_disabled on Jan 25, 2024 3:29:09 GMT
Allie: A low carbon transition plan is really the line that connects your baseline inventory to the target that you’re hoping to achieve in terms of emissions reductions. When we think about that line, there are specific initiatives that we keep referring to. Every company is going to be different when it comes to what those initiatives are, based on the type of emissions that they have and the relevance they have within the company’s footprint. But some things that we see as common elements of most low carbon transition plans are things like renewable energy, so onsite and offsite renewable energy strategies.
Charlie: Also, the initiatives that a company might invest in are WhatsApp Number Database dependent on their operations and their current baseline footprint. company and something to gather the company around in terms of reaching a specific target can help imply how quickly and how much investment you need to reach a specific number by a specific day. Those two pieces together – feasibility assessments and the risk piece – really can all be starting places. Understanding where you are and where you are going, and then filling in the gap in between, is critical. Charlie: Companies come at it from all angles and start in very many different places. One of the most successful approaches that I have noticed is companies that start with a good baseline, as Allie mentioned, really understanding their own carbon footprint and own operations. Then they look at science-based targets as a guide for what a de-carbonization target might be or look like for them, but not necessarily committing to it yet. Then they do the low carbon transition plan with that science-based target end goal in mind, or net-zero, before a public commitment is made.
You want to understand the economics of such a commitment, get buy-in from leadership to support that commitment, invest the dollars to achieve it, and then go public with the target and start implementing that plan.An organization that has a larger refrigerant load, for example, may have a large portion of their footprint coming from refrigerants, and they might need more of a cohesive strategy around HVAC and refrigerant management using low global warming potential refrigerants. Also, a company that has a large exposure to climate risk or is in an industry that is potentially going to be hurt by this transition to a low carbon economy may need to be paying special attention to other elements. It might not just be about decarbonizing the operation. They may need to be looking at their product. How does Scope 3 factor in if they are getting a lot of pressure from that customer to de-carbonize as well? There are a lot of elements that can be variable, depending on what the current state is and what those external pressures are.
Charlie: Also, the initiatives that a company might invest in are WhatsApp Number Database dependent on their operations and their current baseline footprint. company and something to gather the company around in terms of reaching a specific target can help imply how quickly and how much investment you need to reach a specific number by a specific day. Those two pieces together – feasibility assessments and the risk piece – really can all be starting places. Understanding where you are and where you are going, and then filling in the gap in between, is critical. Charlie: Companies come at it from all angles and start in very many different places. One of the most successful approaches that I have noticed is companies that start with a good baseline, as Allie mentioned, really understanding their own carbon footprint and own operations. Then they look at science-based targets as a guide for what a de-carbonization target might be or look like for them, but not necessarily committing to it yet. Then they do the low carbon transition plan with that science-based target end goal in mind, or net-zero, before a public commitment is made.
You want to understand the economics of such a commitment, get buy-in from leadership to support that commitment, invest the dollars to achieve it, and then go public with the target and start implementing that plan.An organization that has a larger refrigerant load, for example, may have a large portion of their footprint coming from refrigerants, and they might need more of a cohesive strategy around HVAC and refrigerant management using low global warming potential refrigerants. Also, a company that has a large exposure to climate risk or is in an industry that is potentially going to be hurt by this transition to a low carbon economy may need to be paying special attention to other elements. It might not just be about decarbonizing the operation. They may need to be looking at their product. How does Scope 3 factor in if they are getting a lot of pressure from that customer to de-carbonize as well? There are a lot of elements that can be variable, depending on what the current state is and what those external pressures are.