Decarbonization Roadmap Toward Net Zero
Improve your ESG rating by understanding decarbonization, tackling your value chain (scope 3) impacts and advancing toward a net-zero emissions business model.
Improve your ESG rating by understanding decarbonization, tackling your value chain (scope 3) impacts and advancing toward a net-zero emissions business model.
The climate crisis, combined with political, social and economic pressure, has forced companies to disclose their product and corporate carbon footprints and to aim for drastic emissions reduction targets in line with the latest environmental science as defined in the U.N.’s Paris Agreement (to limit the global temperature increase to 1.5°C (2.7°F) by mid-century).
The transformation toward a low-carbon economy and net zero is challenging, especially when there is a lack of reliable emissions data, an unwillingness of suppliers to provide their specific product carbon footprints, a variety of different decarbonization concepts and approaches and a lack of internal commitment within an organization.
Whether your organization is just starting its decarbonization initiatives or you are seeking support to achieve transparency in your value chain (scope 3) emissions and advance your strategy, our sustainability consultants can help you along your decarbonization pathway with
Depending on industry, the value chain emissions can comprise of up to 80% of your company’s overall environmental impact and play an important role in a robust science-based decarbonization strategy toward net zero. But since these emissions are not under your company’s direct control, they are difficult to assess.
If the scope 3 emissions are not quantified in the right way based on reliable industry-based data or are not considered at all, it could result in financial risks, high capital costs, reputational damage due to green-washing or even loss of your “license to operate.”
Get your value chain emissions under control with Sphera’s tailored offering for scope 3 assessment. We believe in the power of the data-driven decisions. So, we use primary industry-based emissions data from the world’s largest emissions factor database to deliver you valuable insights into your company’s value chain: as detailed as necessary, as efficient as possible. You decide which stage you should reach:
Deepen Knowledge – First Screening – Define Action Plan
Together with our sustainability experts, learn more about decarbonization and net zero by assessing your current activities and identifying the most urgent, actionable issues, clarifying next steps along your organization’s decarbonization journey.
Assess Scope 1 & 2 Emissions – Quantify Scope 3 Emissions – Get Access to Data – Utilize Tools
To define where your decarbonization journey is headed, you first need to understand where you currently stand. Establish your baseline by assessing emissions that are under your direct scope of influence (scope 1 and scope 2) and by quantifying your value chain (scope 3) emissions based on reliable industry-based data. Increase efficiency and reduce calculation errors by implementing professional software solutions to calculate the carbon footprint of your product portfolio.
Develop a Data-driven Decarbonization Strategy – Focus on Reduction – Evaluate Compensation – Monitor your Progress
Consider your baseline to develop a decarbonization strategy and set a science-based emissions reduction target tailored to your specific business. Define focus areas for emissions reductions and evaluate suitable compensation measures, while keeping in mind the cost of different decarbonization options. Establish software solutions to enable cost efficient and robust carbon management and recognize gaps to improve data availability and accuracy.
Mitigate the climate-related risks and achieve net zero with Sphera’s sector-specific sustainability consulting expertise, combined with:
The Missing Piece of the Net-Zero Puzzle
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Panel Discussion: Multiple Angles on the Net Zero Journey
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6 Data Characteristics for Achieving Net-Zero Emissions Targets
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Carbon Footprinting for Sensible Greenhouse Gas Reduction Targets Toward Net Zero
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