Andrew Harris’ Post

Will you be able to afford Net Zero if you wait? If you are the sustainability lead at your company and you're on your way to Net Zero working with the Science Based Target Initiative (SBTi), but you know you will have the last few percentage points of emissions to offset using carbon removals for you to be truly Net Zero, what do you do? 📈 Should you be worried about where the price of carbon is going and wait for your Net Zero year before purchasing these? 🌍 Or should you start building a future-proofed carbon removal portfolio now?   The price of carbon offsets is volatile but on the whole the cost of a high-integrity carbon removal credit is set to increase dramatically in the next few years driven by a lack of supply and a massive increase in demand in the 2030s. At Nature Broking we think ahead. We've been modelling some of the price increases that are expected in the market and we estimate that investing in your Net Zero carbon removal portfolio now could save you a significant amount by your Net Zero date. That's why we build tailored offset portfolios now, buying credits for the future at today’s prices. The high-integrity, carbon removal credits we offer at Nature Broking reduce your climate impact but also help nature restoration. It’s a win-win for your finances and strategy, and the climate. Andrew Harris and I are going to be at Edie 24 this week and if you are worried about this, drop me a DM and we can meet for a coffee!

Differences between Carbon Neutral & Net-Zero 🌎   Credits to Narendra Tiwari. Follow him for more sustainability content.   Original post: __________ Building ESG: Is Carbon Neutrality Enough to Achieve Net Zero Emissions? _______________________________________ In recent years, "carbon neutrality" has become a buzzword for businesses and organizations aiming to combat climate change. The concept is simple: offsetting the carbon emissions you produce by investing in projects that reduce or capture carbon elsewhere. However, is this approach sufficient to truly achieve net zero emissions? To clarify, carbon neutrality means balancing out carbon emissions by compensating for them, but it does not necessarily eliminate the emissions themselves. Net zero emissions, on the other hand, refers to reducing greenhouse gases to the point where any remaining emissions are balanced by removing an equivalent amount from the atmosphere. The challenge with carbon neutrality is that it often relies on offset projects, which may not always be as effective or immediate as intended. True net zero requires not only offsetting but also a significant reduction in emissions at the source through sustainable practices, energy efficiency, and innovative technologies. So, is carbon neutrality just a stepping stone toward a larger goal, or should we be pushing for a more comprehensive approach to achieve genuine net zero emissions? What are your thoughts on the effectiveness of carbon neutrality versus the pursuit of net zero emissions? Let’s discuss! (Disclaimer: Views are personal, should not be related to organisations view) Please feel free to add your views, in case you want to share this article please click on the link below https://lnkd.in/dpGZ8m5v   __________ ♻️ Find this post useful? Feel free to share it with your network 📣   👉Follow Sustainability Infographics 📊 to learn from the industry's best visuals.   #sustainability #sustainable #business #esg

Reducing Carbon Emissions is definitely a more logical approach. Questions is how and why? While there are many available technologies out there to address the “how”, it still goes back to the “why” are we doing this? May I urge all stake holders to ask what we can do for sustainability instead of what sustainability can do for us. Why carbon offsetting should die out but healthy carbon markets should live on - Carbon Market Watch https://lnkd.in/gd74vkbc

As a publication focused on worldwide issues, The Economist Group is taking significant steps to address one of the most pressing: climate change. Their latest Sustainability Report reveals a strategic approach to carbon removal, investing in nearly 9.6kt CO2e of high-quality credits. This investment aligns with Science Based Targets initiative's recommendations for mitigating emissions beyond their value chain, demonstrating the Group’s commitment to comprehensive climate action. At Supercritical, we've had the privilege of guiding The Economist Group through the complexities of the carbon removal market. As they note in their report, "These are fast-evolving sectors where things are not always what they seem." Our rigorous vetting process ensured their portfolio is both impactful and credible, consisting of our vetted projects Nicaforest, UNDO and MASH Makes Biochar, and The International Small Group and Tree Planting Program (TIST). The Economist's approach is comprehensive and forward-thinking. While they recognize the critical importance of carbon removal, they acknowledge that it's part of a broader strategy.  In line with industry best-practice, they're committed to a two-pronged approach: actively reducing their emissions while simultaneously supporting in permanent carbon removal solutions. Curious about how a media powerhouse navigates the intricacies of carbon removal? Read their full Sustainability Report linked in the comments.

Countering carbon through both offsets and removals are vital to the challenge of Climate Change. Every sustainability director that turns around and says "we are initially focussed on reducing our carbon footprint" is missing the bigger picture (and running down the clock ⏱ ). The journalists out there criticise and says it removes the need for large corporations to reduce further, quicker. I disagree - we need to do everything we can, but it is impossible to reduce to zero so there will always be a place for Carbon Credits. At SkootEco | B-Corp we help businesses on a bespoke basis to choose projects that are aligned to their sector or even specifically their business. By speaking with project operators directly we look to obtain keen pricing - without pushing the projects too hard (and given they truly need the money) we feel more comfortable this way. Whether you need 10 tonnes or a fixed 3 year contract of 200,000 tonnes - contact us to find out what we can deliver for you. Just ask the likes of Goodenergy or Addison Lee where we have helped counter carbon emissions with Gold Standard projects. And whether it is Carbon Offsets or Carbon Removals we can help guide and navigate to create a blend. Offsets have the amazing capacity to deliver huge social value, whilst removals are more efficient at creating a net removal from the planet - both have their place, but just need more independent research to ensure their claims!

There's so much to unpack in Metabolic's new sustainable value chain framework. It takes a holistic view of the emissions associated with a product's lifecycle from extraction and manufacturing to transportation and distribution and finally disposal. But disposal isn't always the end for a circular system. What I want to focus on in the value chain is the downhill portion, where products and can be reused, repaired, refurbished, remanufactured, repurposed, recycled and recovered. There's so much opportunity in supply chain to better manage end of life and with the pandemic highlighting the issues surrounding returns, brands and companies should confront this challenge with a sustainability hat on. In the return cycle, collection, sorting and processing can be real bottlenecks. You can have costly collection and return process. For items both big and small, the reverse logistics costs of having items picked up and/or shipped back could be enough for companies to not even bother. Companies like Rothy's and Ulta Beauty have found a convenient workaround by trying to making returns as easy as possible by having customers being able to drop off at local stores. Sorting can be another obstacle because many 3PLs and companies may not be equipped or have workers skilled to inspect and categorize returns. A basic requirement is creating SOPs and guides on inspection protocols then empowering people to designate next steps for the product. There's more I'd like to say but would love to hear other people's thoughts and opinions on the downhill portion and ways to promote circularity and sustainability. #supplychain #valuechain #operations #logistics #reverselogistics #returns #sustainability #circulareconomy #circularity #innovation

🌍 Reducing emissions isn't just a goal—it's a journey that begins with understanding exactly where these emissions originate. And guess what? The key to unlocking this mystery lies in the three scopes of the Greenhouse Gas Protocol. 🗝️ You'll be fascinated to discover how it meticulously outlines the activities across an organization's entire value chain that contribute to emissions. This isn't just data; it's a roadmap to meaningful action. 📊 With this knowledge, we're empowered to craft targeted sustainability measures that go beyond the surface, tackling emissions at their source. It's about turning insight into impact, one step at a time. 🌻 Let's not just aim for a greener future—let's build it with every informed decision and strategic action we take. Because when it comes to sustainability, knowledge isn't just power—it's progress. 🌟 Learn more about the three scopes here 👉https://sie.ag/7LnNB

🌍 Understanding #CarbonOffsetting: A Step Towards Sustainability 🌱 Reducing our environmental impact is not just a responsibility but a journey we all must embark on. One effective way to achieve this is through carbon offsetting, which plays a crucial role in balancing unavoidable #emissions. Whether you’re an individual or an organization, minimizing your carbon footprint begins with three essential steps: #Measure, #Reduce, and Offset. ✔️ What is Carbon Offsetting? Carbon offsetting involves compensating for your greenhouse gas (#GHG) emissions by supporting initiatives that actively reduce or remove #CO2 from the atmosphere. These initiatives can include: #Reforestation #Renewable )energy projects #Wastemanagement systems Each project generates carbon credits, where one credit represents the mitigation of 1 ton of CO2. 🔢 Net Emissions Formula: Net Emissions = Emissions Generated – Emissions Offset ✔️ Why is Carbon Offsetting Important? While reducing emissions internally should always be the priority, certain activities (e.g., travel, industrial processes) leave a residual #carbon footprint. Carbon offsetting ensures these unavoidable emissions don’t contribute to the global climate crisis, helping us move closer to a sustainable future. ✔️ How to Measure Your Emissions? To manage emissions effectively, start with recognized frameworks like: #GHG Protocol: Widely used for organizational GHG inventories. #ISO 14064: Focused on designing and quantifying GHG management strategies. #PAS 2050: Addresses product life cycle emissions. #ISO 14067: Targets carbon footprints of products and services. You can also explore carbon footprint calculators to assess and strategically plan your offset initiatives. ✔️ How to Offset Your Emissions? Support certified projects aimed at combating climate change while creating positive impacts. For example: #BIOCARBON+ supports reforestation and conservation, ensuring a sustainable future for both the planet and communities. 🎯 Every step you take to measure, reduce, and offset your carbon footprint contributes to a healthier planet. Together, we can pave the way toward a more sustainable and climate-conscious future! 🌱💚 #ESG #ESGExcelerate #Transpernacy #Sustainabilty DLS & Associates LLP Sumit Dhadda Harsha Ramnani

Achieving net zero requires transparency in emissions reporting and strategy execution. Transparent reporting builds trust, enhances accountability, and drives improvement. Carbon dashboards are an effective tool to demonstrate transparency, enable your whole organisation to understand its emissions, and provide managers with the insights they need to target emissions reduction. Check out the article on our website to learn how carbon dashboards can support your journey to Net Zero and enhance your organisation’s sustainability efforts: https://lnkd.in/eA6sJ3yN

Understanding climate impact is the first step for many organizations navigating the sustainability landscape. However, it can be a complex picture when examining impacts connected to inputs and outputs along the value chain. How can one simplify this process and start the journey towards circularity? We have created a simplified story to guide you through the impacts of a value chain, outlining step-by-step how circular strategies can help reduce impacts: https://bit.ly/3U35PiB Are you ready to take the first step? By adopting a systems approach and moving beyond mere number crunching, our Industries team can assist your organization in identifying hotspots and strategies for impact reduction, offering insights into high-impact areas and products, and setting and effectively monitoring reduction targets. Focusing on Scope 3 emissions, we support your alignment with the GHG Protocol, Science-Based Targets (including FLAG), and CSRD/ESRS. Intrigued? Explore Metabolic’s Carbon Footprint Assessment as a first step: https://bit.ly/4cHA4ma James Souder Omar Ali Dora Chi Xu Irene Beers #sustainabilityreporting #FLAG #CSRD #esgreporting #circulareconomy