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The Workiva and Persefoni partnership will enable users to seamlessly integrate and transfer data between the companies’ platforms, as well as allow access to carbon benchmarking and a carbonoffsets marketplace.
Additionally, the absolute emissions reduction target does not include the use of carbonoffsetting. The updated commitment changes the company’s Scope 3 target to an absolute emissions reduction goal, from the prior goal to reduce intensity, or to decrease emissions per unit of activity.
First, SCS completed a cradle-to-grave carbon footprint assessment of Raptic products in accordance with the global the GreenhouseGasProtocol Product Life Cycle Accounting and Reporting standard, including production processes, materials, distribution, packaging, and end-of-life disposal.
6 Ways Companies Can Prepare for Mandatory Carbon Reporting Companies that already have been reporting their carbon performance voluntarily will have an easy adjustment to the new SEC rules, Blanco says. CDP , Task Force on Climate-Related Financial Disclosures , and the GreenhouseGasProtocol ).
At the same time, carbonoffsetting has come in for criticism for being a substitute for real climate action, distracting from the challenge of cutting emissions from business and industrial processes in line with the targets set out in the Paris Agreement to limit global warming. . “I
Developing Tools and Practices for Business Climate Action Heather Schrock, Director of Environmental Partnerships at the Bonneville Environmental Foundation , provided a look at the greenhousegasprotocols framework. Another organization realizing amplified impact through collective action is Cooperative Coffees.
In terms of removing carbon from the atmosphere — the other part of the net-zero equation — new “regenerative” forestry and agriculture projects avoid some of the issues with carbonoffsets. Technological solutions to carbon removal — like carbon capture — are still not cost-competitive but are receiving increased investment.
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