ECAS Institute’s Post

Why Net Zero is Crucial for Our Future The climate crisis is no longer a distant threat; it's happening now. Achieving net zero—where greenhouse gas emissions are balanced by removals—by 2050 is essential to keeping global warming below 1.5°C. The difference between 1.5°C and 2°C? Potentially losing 99% of coral reefs, increased wildfires, and more extreme weather events. At Act Sustainably, we offer the IEMA Pathways to Net Zero course to equip you with the tools and strategies to contribute effectively to your organization’s journey towards net zero. Plus, for residents of Wales in employment, this course is fully funded by Welsh Government support! The next course starts on Monday, 25th November and runs for three weeks, with live webinars scheduled each Monday between 10:30 and 12:30. These sessions are supported with additional online learning. For more information, contact Jamie@actsustainably.com https://lnkd.in/eZWxk8Yw #IEMA #ActSustainably #NetZero #NetZeroTraining #Training

🇺🇸 The landscape of climate regulations in the United States is rapidly evolving. These changes are reshaping the way businesses operate across various sectors. As climate regulations take effect, companies are facing both challenges and opportunities. Many are seeking ways to adapt their practices to align with these new environmental standards while maintaining their competitive edge. What you need to focus on? 📊 Understanding and measuring their carbon footprint 🎯 Setting achievable emission reduction targets 📈 Developing comprehensive sustainability strategies ✅ Ensuring compliance with current and upcoming regulations By embracing these changes, companies can not only meet regulatory requirements but also contribute to a more sustainable future. As we navigate this evolving landscape together, it's crucial to stay informed and proactive. What steps is your organization taking to address climate regulations? https://lnkd.in/geMpadhY

🇺🇸 The landscape of climate regulations in the United States is rapidly evolving. These changes are reshaping the way businesses operate across various sectors. As climate regulations take effect, companies are facing both challenges and opportunities. Many are seeking ways to adapt their practices to align with these new environmental standards while maintaining their competitive edge. What you need to focus on? 📊 Understanding and measuring their carbon footprint 🎯 Setting achievable emission reduction targets 📈 Developing comprehensive sustainability strategies ✅ Ensuring compliance with current and upcoming regulations By embracing these changes, companies can not only meet regulatory requirements but also contribute to a more sustainable future. As we navigate this evolving landscape together, it's crucial to stay informed and proactive. What steps is your organization taking to address climate regulations? https://lnkd.in/e-NWbJyd

In recent years, climate transition plans have become central to corporate climate accountability and strategic planning. However, there is no universally accepted definition of these plans, including their objectives, target audience, scope, content, and format. Transition plans are essential for organizations to showcase their commitment to achieving net-zero emissions in a phased manner, maintaining the relevance and profitability of their business models. These plans are important for a diverse range of stakeholders and serve various purposes. Regulatory guidance and international collaboration are crucial to integrating just transition planning into global sustainability disclosures.

The Mandatory Climate Disclosure Reporting commenced on July 1st. It forces companies in Australia to report their businesses’ environmental impact. This requirement will be phased in over several years, starting with the largest entities. Here's how you can prepare in 5 simple steps: 1) Understand the legislation: Get familiar with the new laws and what specific climate data you’ll need to report. 2) Audit your current practices: Evaluate your current environmental impact and reporting practices. 3) Set up a reporting system: Establish a reliable system for tracking and reporting your climate data. 4) Train your team: Ensure your team is well-versed in the new requirements and understands their role in maintaining compliance. 5) Switch to more sustainable solutions: Phase out anything that has a large negative environmental impact, i.e. switch polystyrene packaging in your supply chain to a wool alternative. The Mandatory Climate Reporting is here to stay. How are you adapting to it? — If you enjoyed this post, you’ll love this one on Australia’s latest circular economy initiatives: - Australia’s commitment to going net zero by 2050 - The 3 announcements you should know about - What they mean for your business Here you go: https://lnkd.in/g67JV3Zs

Article 6 of the Paris Agreement sets out how countries can pursue voluntary cooperation to reach their climate targets. It enables international cooperation to tackle climate change and unlock financial support for developing countries. This means that, under Article 6, countries are able to transfer carbon credits earned from the reduction of greenhouse gas emissions to help one or more countries meet their climate targets. Indalo Sustainability Services

The EU Corporate Sustainability Due Diligence Directive (CSDDD) passed its vote in the EU Parliament. One key aspect of the directive concerns transition plans. The CSDDD is one of the only pieces of regulation or legislation globally that requires companies to actually produce and implement a transition plan. Most other countries considering rules in this space are focused on requiring companies to disclose transition plans - typically where such plans already exist internally or where a company has set a climate target. For example, IFRS ISSB S2 requires disclosure of information about "any climate-related transition plan an entity has". Companies (including financial institutions) in scope of the CSDDD will need to adopt a transition plan in line with limiting global warming to 1.5C.

Climate change might not be considered in certain contexts for several reasons: 1. Lack of Awareness or Understanding: Some stakeholders may not fully understand the impacts of climate change or how it affects their specific area of interest. 2. Short-term Focus: Decision-makers often prioritize immediate concerns over long-term issues like climate change, especially if they are under pressure to deliver quick results. 3. Economic Interests: There might be economic incentives to continue practices that contribute to climate change. Industries dependent on fossil fuels, for instance, may resist changes that could affect their profitability. 4. Political Factors: Climate change can be a politically sensitive issue. Different political groups may have varying stances on the importance and urgency of addressing it. 5. Resource Constraints: Addressing climate change often requires significant investment and resources, which might not be readily available. 6. Cultural and Social Factors: In some regions, cultural beliefs and social norms might downplay the significance of climate change. Combating climate change requires a multifaceted approach that involves various strategies at global, national, and local levels. Here are some key actions that can be taken: 1. Reduce Greenhouse Gas Emissions: - Transition to Renewable Energy - Enhance Energy Efficiency - Promote Clean Transportation 2. Enhance Carbon Sequestration: - Reforestation and Afforestation - Soil Carbon Sequestration: 3. Adopt Sustainable Agricultural Practices: - Reduce Methane Emissions - Sustainable Land Management: 4. Increase Resilience and Adaptation: - Develop Climate-Resilient Infrastructure. - Implement Early Warning Systems: 5. Promote Policy and Legislation: - Implement Carbon Pricing - Set Emission Reduction 6. Raise Awareness and Education: - Public Awareness Campaigns - Integrate Climate Education: 7. Support Research and Innovation: - Invest in Climate Research - Promote Green Technologies 8. International Cooperation: - Global Agreements - Financial Support for Developing Countries

The Paris Agreement has become a focal point of climate change litigation.🚦⚖️🌏 With the Paris Agreement, countries established an enhanced transparency framework (ETF). Under ETF, starting in 2024, countries will report transparently on actions taken and progress in climate change mitigation, adaptation measures and support provided or received. 👆🌏🌊⛈️💥☀️🌪️🌗🚦 Mitigation (Art. 4) – The Paris Agreement establishes binding commitments by all Parties to prepare, communicate and maintain a nationally determined contribution (NDC) and to pursue domestic measures to achieve them. It also prescribes that Parties shall communicate their NDCs every 5 years and provide information necessary for clarity and transparency. To set a firm foundation for higher ambition, each successive NDC will represent a progression beyond the previous one and reflect the highest possible ambition. Developed Countries should continue to take the lead by undertaking absolute economy-wide reduction targets, while Developing Countries should continue enhancing their mitigation efforts, and are encouraged to move toward economy-wide targets over time in the light of different national circumstances. 👇🚦🌏 As per New Commitment Reporting for initial 06 category started from 1st, Jan, 2024 on quarterly basis as a trial till Dec 2025 . And then it will be implemented with Full Force. 🌏🚦 Pakistan, Need to have a Comprehensive Strategy with implementation plan, for Authentic Reporting to address Quarterly Emissions & Activities. 👆🚦🌏

The building sector is a key challenge “Industrial firms will need to reduce carbon dioxide emissions dramatically for the world to reach its climate change mitigation goals. Now, analysis shows that the economic and employment impacts of these reductions can vary widely, depending on which firms are targeted.”