In the global pursuit of achieving net zero emissions, strong leadership is essential for driving transformative change within companies. Leaders play a critical role in setting the vision, creating a culture of sustainability, and mobilizing their organizations towards a net zero future. In this blog post, we will explore the crucial role of leadership in driving net-zero transformations, highlight lessons that other companies can learn, and provide actionable insights to help leaders interested in sustainability succeed.
As companies strive to achieve net zero emissions, they often encounter challenges in completely eliminating their carbon footprint. Carbon offsetting and compensation have emerged as crucial tools to bridge the gap between emissions reduction efforts and the goal of achieving net zero. In this blog post, we will explore various options available to companies for carbon offsetting and compensation, and delve into technological innovations of the last decade that have facilitated more effective and scalable solutions.
As companies strive to achieve net zero emissions, it’s crucial to extend sustainability efforts beyond their immediate operations and into their supply chains. Net zero supply chains play a significant role in reducing greenhouse gas emissions and driving sustainable practices throughout the entire value chain. In this blog post, we will explore strategies for companies to reduce emissions across their supply chains, including assessing partners, collaboration opportunities, and the importance of taking action collectively.
In an era of increasing environmental concerns and the urgent need to combat climate change, the concept of net zero has gained significant attention. Achieving net zero emissions is a crucial goal for companies looking to contribute to a sustainable future. But what exactly does net zero mean, how is it measured, and what are the first steps companies should take? In this beginner’s guide, we’ll answer these questions and provide insights into embarking on the journey toward net zero.
ESG goals for companies have been around for a while, but slowly and steadily, more and more industries are looking for their path to compliance. Global regulations are tightening and public opinion demands good management and sustainability. Challenges remain, as businesses have to balance goals, costs, risks, and opportunities against the ever-present need to, for example, limit their carbon footprint. As a result, companies need to find ways to save big and save fast. Enter technology.
A major element of decarbonization will be adjusting and modifying energy-based emissions. Businesses and entire countries need to approach where and how they power their operations with a strategic plan to hit net-zero carbon emissions in the near future. This means understanding what natural sources an area has and how best to use them. The UK is a great example of offshore wind, with a breezy climate and ample coastline.
The current, primary challenge for most companies is finally achieving net-zero emissions. This is normally a long process with multiple stages involving steady, constant reductions of CO2 emissions. Some major players have already committed to achieving Net-Zero and have put out considerable action plans on how they will do it. While this list isn’t exhaustive, it demonstrates the diversity of industries looking to hit net-zero.
It’s not exactly a new development that companies need to show exactly how they are impacting their area of operations. Public and private scrutiny is growing and companies need to be on top of their ESG reporting to avoid reputational risks, fines, and other problems. To do this effectively businesses need to actually understand the best practices and develop detailed, data-driven strategy plans for how they will gather, verify and present this information.
It’s not a secret that companies need to decarbonize over the coming decades. Industry leaders are in an awkward position, where they must make far-reaching decisions in an ever-changing technological and legislative landscape. So it can be helpful to start from the basics and understand what will be needed, and what are the possible risks and rewards.
How a company uses energy has long been a key issue in reaching net-zero operations. Up until recently, a lot of energy generation came with high carbon costs, forcing a company to compensate for it more. Despite existing for years, renewable energy is slowly gaining recognition as one of the best ways to actually power an operation while simultaneously limiting emissions. The three most common forms are solar, wind and hydro power, all created with the use of inexhaustible, natural processes.
By this point, one would need to be living under several rocks to not know about the general push to decarbonize. More broadly, companies are coming under increasing scrutiny for how they conduct their business. This can range from governmental oversight, fines and regulation, to investors pulling finance because a company does not conduct itself well. ESG scores are the primary method used to assess companies, but what exactly does this number measure who measures it?
While individuals in general and businesses, in particular, can and must take steps to reduce their carbon footprint, governments also have an important role to play in supporting and encouraging carbon reduction efforts. Governments have the ability to use policy (the carrot) and regulations (the stick) to pressure businesses to do the right thing and not cut corners.
The European markets are on a mission to conquer the ambitious decarbonization challenge outlined by the Paris Agreement. Businesses from various sectors operating in the region are being pushed to ramp up their efforts and reach the zero-emission target by 2050. The agriculture market is no exception, as the pollution from the sector is not to be underestimated. Agriculture is the most prominent industry in the world, while also being the leading source of pollution in many countries.
Even the best-meaning businesses will still end up generating emissions through the simple act of transportation. People need to get around, logistics have to keep operating and we have to drive from time to time. Despite many recent advancements, electric vehicles (EVs) are still the minority on the road. As the world decarbonizes, companies need to explore how to reduce the footprint caused by transportation and prepare for a future where the gas tank is replaced by battery capacity.
Governments, advocacy groups, and the general population are taking necessary steps to cut carbon emissions and reduce their carbon footprint. However, the role of businesses in reducing greenhouse gas emissions cannot be overemphasized since it is precisely manufacturing and logistics that end up causing the majority of emissions.
The world is at a critical juncture in the fight against climate change. With global temperatures continuing to rise and extreme weather events becoming more frequent and severe, there is an urgent need to reduce greenhouse gas emissions and transition to a low-carbon economy. The goal of achieving net-zero emissions by mid-century has been embraced by governments, businesses, and investors worldwide as a critical step in addressing the climate crisis. However, the path toward net-zero will not be the same for every country and region. Different countries and regions face unique challenges and opportunities in their transition to a low-carbon future, influenced by factors such as economic development, energy mix, and political priorities. In this blog post, we will explore how the net-zero transition would play out in different countries and regions, and examine the challenges and opportunities they face in the race to avert the worst effects of climate change.
In a landmark decision, the European Parliament has agreed that all new vehicles sold in the European Union will have to be zero-emission by 2035. This ambitious move is part of the EU’s broader plan to reduce carbon emissions and combat climate change. The decision has been praised by environmental activists, who see it as a significant step towards a more sustainable future. However, it has also raised concerns among some car manufacturers who may struggle to meet the new requirements. In this blog post, we will explore the implications of this decision, what it means for the future of transportation in Europe, and how it will impact the automotive industry as a whole.
The world is facing an urgent need to reduce carbon emissions and mitigate the impacts of climate change. One of the most ambitious goals in this regard is achieving net-zero carbon emissions, which means balancing the number of greenhouse gases produced with an equal amount removed from the atmosphere. The transition to net-zero will require significant changes to the way we generate and consume energy, as well as to our transportation, agriculture, and manufacturing systems. But what would be the cost of such a transition, and what benefits could it bring? In this blog post, we will explore the potential costs and benefits of the net-zero transition, and what it could mean for the future of our planet.
As the world moves towards a more sustainable future, businesses are increasingly looking for ways to reduce their carbon footprint and operate in an environmentally responsible manner. Hydrogen fuel cells offer a promising solution to this challenge, potentially powering a range of industrial and commercial applications while reducing harmful emissions. This post will explore the key benefits of hydrogen fuel cells for businesses, including cost savings, operational efficiencies, and enhanced sustainability.
The European Union has set ambitious targets to reduce greenhouse gas emissions, with the goal of achieving net-zero emissions by 2050. As part of these efforts, the European Commission has proposed a 90% reduction in emissions from heavy-duty trucks by 2050. This proposal would have a significant impact on businesses in Europe that rely on heavy-duty trucks to transport goods and materials.
Climate change is one of the most pressing issues of our time, with its devastating effects being felt across the world. The Middle East, in particular, is highly vulnerable to the impacts of climate change, which include rising sea levels, water scarcity, extreme temperatures, and food insecurity. However, while climate change presents significant challenges for the region, it also provides an opportunity for innovation and technological advancement.
ESG, which stands for Environmental, Social, and Governance, is a term that has gained increasing attention in recent years. It refers to a set of criteria that investors and companies use to evaluate the sustainability and societal impact of a business. ESG factors can range from a company’s carbon footprint, and its employee diversity and inclusion practices, to its board composition and executive compensation structure.
The International Sustainability and Standards Board (ISSB) recently voted to make reporting of Scope 3 emissions mandatory for all organizations. This decision has far-reaching consequences for companies, as Scope 3 emissions are one of the most significant contributors to a company’s carbon footprint. In this article, we will discuss what Scope 3 emissions are, why reporting them is important, and what the implications of this decision are for companies.
As the world races towards reaching net zero carbon emissions, it’s becoming increasingly clear that there is no single solution to the problem of climate change. Instead, a combination of technologies, policies, and behavioral changes will be needed to achieve this ambitious goal. One of the technologies that are gaining attention as a potential solution is carbon capture and storage (CCS). This technology has the potential to significantly reduce emissions from industries such as power generation and manufacturing, as well as from sources such as agriculture and waste. In this blog post, we will explore the significance of CCS in reaching net zero carbon emissions and the challenges that must be overcome for this technology to be widely adopted.
To power the new hydrogen vehicles of Disfrimur, a number of companies in Spain will build and maintain sustainable power stations. With this infrastructure in place, more and more hydrogen-powered fleets could become a reality in the southern-European nation. In general, this points towards some interesting trends in sustainable transportation across the EU. So what are some of the implications?
Glocalization is the combination of the words “global” and “localization”. It refers to the process of adapting a product or service to meet the needs and expectations of a local market while still maintaining a global perspective. Think of free-trade or free-movement agreements. Businesses can benefit from glocalization in several ways. So let’s explore what it means.
Carbon capture and storage (CCS) is a technology that captures carbon dioxide (CO2) emissions from power plants and industrial processes before they are released into the atmosphere and then stores the CO2 in underground geological formations. This technology is seen as one of the most promising ways to reduce greenhouse gas emissions and mitigate the impacts of climate change. As more and more businesses are looking for ways to become more sustainable, carbon capture and storage is an important consideration. In this blog post, we’ll discuss why CCS is important and how it can help businesses to become more sustainable.
Like most energy-intensive industries, food and beverages need to be extra careful going into this year. With energy prices soaring and dropping regularly, it can be hard to make long-term plans. Companies need to consider production from a variety of perspectives, including cost, emissions, and even waste.
The food and beverage industry is constantly evolving and adapting to the changing tastes and preferences of consumers. As we enter a new year, it’s essential for companies in this industry to stay on top of the latest trends in order to remain competitive. In this post, we’ll be discussing eight key trends that the food and beverage industry should keep in mind for 2023.
The war in Ukraine has had some impact on natural gas prices, particularly in Europe. Ukraine is a major transit country for natural gas from Russia to Europe, and disruptions to gas supplies through Ukraine have occurred in the past as a result of the conflict. When these disruptions happen, it can lead to concerns about the reliability of gas supplies in Europe, which can cause prices to rise. Additionally, the war has led to sanctions between Russia and other countries, which can also impact the price of natural gas.
The food industry is a significant contributor to greenhouse gas emissions, which are a major cause of climate change. As many countries around the world are committing to net-zero emissions and are putting in place regulations and taxes to help achieve that goal, companies that reduce their carbon footprint now will be in a better position to meet those regulations and avoid paying unnecessary taxes. Being seen as a responsible and sustainable company can enhance the reputation and branding of a food company. This can lead to more positive public perception, a more loyal customer base, and a more attractive investment proposition.
The European Union (EU) has made a commitment to reducing its carbon emissions in order to combat climate change. This commitment is reflected in the EU’s climate and energy policies, which have been put in place to promote the use of renewable energy sources and energy efficiency and reduce the EU’s dependence on fossil fuels.
With that in mind, it is somewhat surprising, that in parts of the EU, coal-burning plants have been switched back on.
The push to decarbonize, together with the new requirements to disclose scope 3 emissions mean that companies need to take their value chains seriously. Businesses should learn from their peers, adopt best practices, and avoid pitfalls.
Scope 3 emissions are those that are a result of a company’s activities, but are not directly controlled by the company. These emissions can be challenging for companies to track and manage, but there are a few things that companies can do to keep track of and limit their scope 3 emissions.
working in the food industry can be a rewarding and challenging career choice for HVAC technicians. It can provide job stability, the opportunity to develop specialized skills, and potential career advancement opportunities.
In December, Corsica Sole opened the largest energy storage facility in Europe, with a capacity for 100 MWh of electricity. It features forty lithium-ion mega-batteries, at the cost of €800,000 a unit. After the battery’s 10-year lifespan is over, it will be recycled. The center is a vital step in the European Union’s road to decarbonization and energy independence.
As Europe shifts out oil and gas, hydrogen is now poised to be an effective replacement for these carbon fuels. The EU has made the development of hydrogen technologies a priority as part of its efforts to transition to a low-carbon economy and achieve its climate targets.
Automation AI and automation can also be used outside of metering and measuring. An energy management system (EMS) can process the energy use of all facility machinery simultaneously. It can calculate what rate certain machinery should work at and adjust it to output needs. EMS can also manage the facilities grid. Should a generating station […]
The food and beverages industry faces a number of challenges next year. First and foremost, like most businesses, uncertainty drives up prices. Simultaneously, legislative pressure to decarbonize is also rising. 2023 could be a challenging year for companies that do not adapt and implement 21st-century solutions. To develop any strategic plan for the future, any business needs to understand the risks and challenges ahead. So what are some important trends that are likely to shape the industry in 2023?
The growth of energy costs coupled with the need to cut GHG emissions force companies to find every available tool to limit energy use. While there have been advancements in more sustainable equipment, managers are still forced to oversee massive, interconnected facilities. Food and beverage operations are complex and a human can at times struggle with the sheer quantities of data. Recent developments in AI may be the answer. Computers and machines are able to view and synthesize insights out of datasets too large for humans. So how can a company employ artificial intelligence to direct its energy strategy?
The global standards for codifying and reporting on emissions have expanded. Nearly all sources of GHG emissions fall under three different categories, Scopes 1 through 3. Companies need to understand what elements of their business to report and what to measure. Currently, only Scope 1 and 2 are mandatory to report, but soon Scope 3 emissions may also be required. So what is the difference between the three?
If a company exaggerates its environmental impact or claims an environmentally-friendly policy that is not true, it is engaging in greenwashing. So how widespread is this issue? This is not a question that can be answered easily, as definitions differ from country to country. Similarly, there is limited macro-level data on how commonly companies commit […]
The food industry in particular must manage its use of electricity as energy prices rise. As a major user of global power, food production companies need to develop plans to limit GHG emissions. Future Bridge has assembled an overview of tips and tricks the industry can use to best manage its facility energy use. 1. Energy […]