What’s included a company’s carbon footprint? How to measure corporate Greenhouse Gas (GHG) emissions? Every business leader should know what to consider as part of their company footprint, this video explains what’s included.
Often we tend to think about facilities, energy use, and perhaps the fleet – but these account only for a part of a company’s total carbon footprint. The Sustainability Speaker Susanna Hasenoehrl helps you to better understand this, walking you through the concept of Scope 1, 2 and 3 emissions.
Scope 1 and 2 emissions arise from a company’s operational activities, such as a production facility, or heating or cooling an office. These can be controlled somewhat easily – for example, by switching to renewable energy, or to an electric fleet.
So what about Scope 3? Pukka, a Unilever brand, reports that 49% of their emissions come from boiling the kettle, to make a ‘cuppa’. This is an example of Scope 3 emissions, which are more indirect – yet related to the usage of a company’s products and services.
For most companies, Scope 3 makes up most of their carbon footprint. Scope 3 emissions can be quite difficult to measure, as it includes things like emissions from waste – when a product is disposed of – the supply chain, outsourced activities, and even business travel.
Nonetheless: when you come across a company’s carbon disclosure, do ask whether Scope 1, 2 and 3 emissions are included. Video Rating: / 5
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Host/Writer: Miriam Nielsen
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Energy is one of the leading issues in the upcoming U.S. Presidential Election. Supporters of the Green New Deal are shoving this idea to the top of political headlines and are what today’s guest calls “Champagne Socialists”—those who push their ideologies unto others but aren’t willing to get their hands dirty.
We all want a better world for future generations than we have today. But to have an electrical world powered by wind and solar, you need rare-earths, silver, copper, cobalt… you need many different and expensive materials in vast quantities.
Marin Katusa, one of the world’s most successful resource venture capital fund managers, overseeing some of the largest funds in North America, says, “There’s some seriously big money to be made in this trend. And there’s going to be a lot of mistakes. There’s going to be a lot of scams. There’s going to be a lot of wasted government money, just like you mentioned, Solyndra and other deals from Obama’s green dream. But just like I proved it before, there’s going to be incredible assets here that there’s a way to play it.”
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