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Advises in compliance in emission reduction targets and obligation
(voluntary/
compliance)
Emission reduction targets and obligations refer to the goals and requirements set by organizations or regulatory bodies to limit greenhouse gas emissions.
Process & Approach
Assessment and Baseline Establishment
Organizations begin by assessing their current greenhouse gas emissions to establish a baseline. This involves gathering data on emissions sources and calculating total emissions across different scopes (Scope 1, 2, and 3).
1
Target Setting
Based on the assessment, organizations set specific, measurable, and time-bound emission reduction targets. These targets can be voluntary (self-imposed) or in compliance with regulatory requirements, often aligning with scientific benchmarks like those from the Science Based Targets initiative (SBTi).
2
Implementation of Reduction Strategies
Organizations develop and implement strategies to achieve their targets, which may include adopting energy-efficient technologies, transitioning to renewable energy sources, and optimizing operational processes to reduce emissions.
3
Monitoring and Reporting
Continuous monitoring of emissions and progress toward targets is essential. Organizations regularly report their emissions data and progress, ensuring transparency and accountability. This step may also involve adjusting strategies as needed to stay on track with reduction commitments.
4
Elements
The main elements of the emission reduction targets process include assessment, where organizations establish a baseline of current greenhouse gas emissions; target setting, which involves defining specific, measurable, and time-bound reduction goals that may be voluntary or regulatory; reduction strategies, where initiatives like energy efficiency improvements and renewable energy transitions are implemented to achieve these targets; and monitoring and reporting, which ensures continuous tracking of emissions and progress, promoting transparency and allowing for necessary adjustments to meet commitments.
GC's Value Proposition
01.
Expert Guidance
Our in-depth knowledge of sustainability practices and regulatory frameworks ensures organizations navigate compliance and set effective emission reduction strategies.
02.
Tailored Solutions
We provide customized approaches that align with each organization’s unique goals, industry context, and operational challenges, ensuring relevance and effectiveness.
03.
Capacity Building
We empower teams with the necessary skills and knowledge through training and resources, enabling them to implement and sustain emission reduction initiatives independently. reductions.
04.
Enhanced Reputation
By supporting organizations in achieving their sustainability goals, we help enhance their reputation among stakeholders, customers, and investors, demonstrating a commitment to climate action and responsible business practices.