Decarbonisation Journey

Reduce your company's & value chain carbon footprint

Act on your sustainability strategy with our tailored emissions reduction plans. Decarbonisation paired with science and intelligence.

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Introduction

Climate actions speak louder than words

Reducing emissions is about choosing and implementing climate actions to reduce the overall company’s carbon footprint. Insights and requirements from the stages 'Measure emissions' and 'Set climate targets' are key determinants for the stage of 'Reducing emissions' - along with the company's business model and objectives.

Reducing emissions is about translating climate targets and net-zero pledges into concrete actions. Making pledges is not enough so it is important to act on decarbonisation targets to demonstrate a credible sustainable commitment to the company’s shareholders, stakeholders and the rest of the world. The key term of this stage can be defined by 'decarbonisation levers', as it is guiding companies on where to start reducing in a meaningful way.

Understanding where emissions hotspots are

In order to decarbonise you must know which reduction levers to pull that will yield substantial results. Further, understanding what the largest emissions sources that can be adjusted to reduce total corporate carbon footprint (CCF).

Securing budget and internal support

Sometimes in order to save money you must spend money and establising cost-positive investments in decarbonisation can be a real struggle in organisations.

Limited staff resources and guidance

It is a necessity to have enough team resources to implement and operationalise reduction actions, and sufficient buy-in from both leadership and staff.

Identifying and implementing decarbonisation levers

Companies must understand and distinguish between two fundamental concepts: decarbonisation action levers which are mobilised to reduce your carbon footprint, and scopes, which correspond to the different perimeters of the company's value chain. A particular attention must be paid to decarbonisation levers embedded in the upstream and downstream activities (e.g. supplier emissions).

A belief that offsetting all carbon emissions is needed to reach net-zero

This is a general misconception as offsetting doesn’t imply decarbonisation. Further, there is increasing regulatory pressure to focus more on decarbonisation within the value chain prior to value chain mitigation.

There is no “one-size-fits-all” strategy

Companies in different industries face different challenges. It is essential to implement a decarbonisation strategy fitting your company's specific needs.

Reduce emissions to reach net-zero

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Cut CO₂ = cut costs

Benefit from long-term cost savings by reducing operational expenses and compensation costs. Companies experienced up to 20% increase in revenue by saving costs from energy use.

Avoid greenwashing and gain credibility

Strengthen the company’s credibility and demonstrate sustainable leadership.

Climate compliance

Avoiding carbon taxes and future litigation as ETS and carbon taxes are on the rise. The price per metric ton of carbon increased from
$10.53 to $95 between 2018 and 2022.

Improved employer branding

Demonstrated higher retention rates, higher productivity and motivation. Companies saw up to 13% increase in employee's production and 50% reduction in turnover after implementing a net-zero strategy.

Increase credibility for emissions calculations

Companies reducing their emissions can improve their emissions calculations and increase its accuracy.

Improved brand image

According to Euromonitor International’s latest sustainability survey, 54 % of global consumers believe that ethical purchase decisions make a difference. Clients are looking for ways to lower individual and collective carbon footprints, minimise waste, buy green products and get services from environmentally-friendly companies.

Reduction drives innovation

In many cases, sustainability can be a game changer. Sustainability can drive innovation by introducing new design constraints that shape how key resources—energy, carbon, water, materials and waste—are used in products and processes. It can also suggest areas where innovation can pay off especially well.