The Paris Agreement states that the signatory parties, in recognition of peaking GHG emissions and its contribution to Global warming, should set decarbonisation targets so a “balance between anthropogenic emissions by source and removals by sinks on greenhouse gases” can be reached by the second half of the XXI century.
Carbon capture and storage isn’t commercially developed yet, meaning there isn’t enough capacity created to store the released atmospheric carbon, not to speak about the rest of the GHG. May it be because not enough R&D has been undertaken to understand the cost-efficient technologies to do so. Or studies may be inconclusive regarding the environmental impact of high concentrations of stored GHG emissions in the geological, hence, existent natural sinks.
A balance can be better achieved if emitted GHG are reduced, increasing the abated ones. Energy efficiency is thus imperative, and so is operational efficiency. Efficiency implies improvements in the resources’ usage in comparison to previous operative processes. If less resources are used, then less energy may be needed to achieve the same previous result. It also means less usage of other resources. Given the finite status of many resources, being efficient is paramount. Aren’t you happy when you achieve something with less effort? So is our Planet!
How can your organization achieve Net-Zero targets? Well, to deliberately achieve something you need to depart from a level of awareness. What cannot be identified cannot be consciously improved! If the process of achieving your Net-Zero targets is longer than other organisations, due to higher complexity of your manufacturing process and the corresponding value chain, you can start by setting Carbon Neutral targets to be achieved in the short-term, aiming at achieving Net-Zero at a later moment, but working towards them already. So, your Carbon Neutral goals should be focused to reach Net-Zero.
Neutralization contributes much more than compensation in limiting Global Warming to the 1.5C. Figure 1, above, illustrates a high-level roadmap to Net-Zero. Starting by knowing your operations, processes, products or services and the value chain is key to determine what GHG emissions need to be known and understand where should be reduced. What can be measured can be improved, right? By knowing your GHG emissions level for scope 1, 2, in addition to 3, for a complete decarbonisation, you can set the base year. Knowing how they can be reduced and the pace allows you to measure the reduction impact and the timeframe. Consequently, the target year, by when Net-Zero should be attained, can be set. Announcing the commitment is important. Your stakeholders will be happy to know the organisation is moving in the right direction, as any good friend is happy for you when you’ve achieved a better stage in your life. Having the right people and tools for implementation is key for the success of this target. You may want people who are purpose driven, those who understand why is important to achieve so at a faster and balanced pace.