Week of 3 May 2021: What is your energy strategy now?
Jim Thompson
Email Jim at jim.thompson@ipulpmedia.com Regardless of your personal beliefs or the science you (do) (do not) believe, carbon neutrality is in your energy future. There are many high-profile companies and CEOs involved in the "CEO Carbon Neutral Challenge" including our own advertising partner, SAP. The Carbon Neutral Challenge has a list of six guiding principles which I have taken from the site, "CEO Carbon Neutral Challenge" and reproduced here: The CEO Carbon Neutral Challenge Guiding Principles To participate in the CEO Carbon Neutral Challenge companies need to adhere to the following six guiding principles:
Gas (GHG) emissions associated with their business activities and recognize that additional measures, over and above direct reduction targets, are required immediately given the urgent need for climate action.
emissions that encompasses the supply chain, or, if not already in place, commit to adopting one within 12 months from accepting the CEO Carbon Neutral Challenge.
and reduction of GHG emissions in place, such as a science-based target, or commit to having one, which includes the supply chain and/or other operational activities according to the nature of their business.
REDD+, that will mitigate and offset the near-term unavoidable GHG emissions associated with a company's entire business activities and/or as a compliment to any other offsetting strategy a company may already have in place to cover additional offsets that are necessary to adhere to the CEO Carbon Neutral Challenge. Purchase offsets within 12 months of joining the Challenge and offset on an annual basis following efforts to first reduce and avoid emissions. Ensure that they deliver measurable and direct benefits to biodiversity as well as provide fair and equitable benefits to local communities.
offsetting projects, their progress towards the reduction of their GHG emissions and third party verification of the investment made to the offset projects to ensure efficacy.
that can amplify efforts to conserve and restore nature, while mitigating climate change, and outreach to other CEOs to join the CEO Carbon Neutral Challenge in order to continue positive momentum. From this, and from the many companies already on board, it is clear your company will need to adopt these principles, if you haven't already, in order to be a major player in the future. In fact, your sales may depend on it. Be safe and we will talk next week. ________ Other interesting stories:
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