blog

corporate-carbon-emissions

Sustainability at corporate events

Sustainability at corporate events 576 383 Climatetrade

Sustainability has become one of the most important concerns in last years, it is such a relevant issue that nowadays it is becoming a mainstay in most companies that are working harder on implementing production systems leading to more sustainable products.

According to experts, companies “must align their business with sustainability. There is no business outside sustainability and there will not be”.  

It is a  trend that goes beyond corporate social responsibility and which can also be shown in different sectors of activity, such as the organisation of corporate events.

In Spain, a company convention generates a carbon footprint of about 15 tons of CO2 (not counting the attendee trips); a congress with 100 participants travelling from other regions, around 40 tons, while a music festival with 25,000 people, generates around 60 tons of CO2.

The carbon footprint in these events should reflect not only the emissions derived from the celebration of itself but also must take count the Greenhouse Gas (GHG) emissions released into the atmosphere by the development of its activity.

In order to measure the carbon footprint of sustainable events, we must consider three different types of emission levels:

SCOPE 1 EMISSIONS OR DIRECT EMISSIONS

These emissions come from sources owned or coming from the event itself, in which the organisers can determine its reduction. For example, emissions from generators. 

SCOPE 2 EMISSIONS OR INDIRECT EMISSIONS FROM ELECTRICITY GENERATION

These are emissions from the consumption of electricity from the supply network, i.e. not from the generator.  For example, the emissions generated by the consumption of electricity from household appliances in a catering business.

SCOPE 3: OTHER INDIRECT EMISSIONS

This type of emissions are a consequence of the event’s activities such as emissions derived from the acquisition of materials and fuels, waste treatment, and activities related to the transport of people, goods and equipment.

How to create a sustainable event?

1) Mobility and accessibility

Choose a site well connected to public transport and offer this information in advance to the attendees.

2) Technology, the great ally

All the information of the event can be contained in an app, avoiding the use of paper. 

3) Catering

Choose local, seasonal and/or organically grown products. Replace plastic bottles with dispensers and promote the use of reusable containers.

4) Energy and lighting

Make the most of sunlight hours. Choose outdoors spaces or well illuminated by natural light. Make use of low energy bulbs and, of course, if possible get the energy from renewable sources.

5) Waste management

Adjust the resources to the number of people attending the event.  Also, avoid single-use plastic and disposable products. If this is unavoidable, you can always look for a recycled and/or biodegradable version of these products.

6) Encourage recycling

Don’t forget to place recycling bins in sight, located in areas of high traffic flow. 

7) Offset the carbon footprint of the event

It is really important to offset afterwards those CO2 emissions that could not be reduced.

companies-rsc

What is corporate social responsibility?

What is corporate social responsibility? 372 336 Climatetrade

Corporate social responsibility (CSR) is a mechanism implemented by companies based on the management and measurement of the impact the development of their activity generates on their customers, employees, shareholders, local communities, the environment and on society in general.

According to the definition of CSR, European Commission (2011), companies must collaborate with stakeholders in a process aimed at integrating social, environmental and ethical concerns, into their business operations and their basic strategy, in order to:

  • Maximize the creation of shared value for all stakeholders and society in a broad sense.
  • Identify, prevent and mitigate the possible adverse consequences of their actions. The complexity of this process will depend on factors such as the size of the company and the nature of its operations.

The CSR encourages innovation, facilitates management and generates profitability, provides value and confidence and all this results in an improvement of corporate reputation and contributes to increasing legitimacy. These factors, in turn, positively influence business competition.

In this regard, it is necessary to highlight that, due to the rise of corporate social responsibility, numerous texts have been developed that encourage and help companies when making commitments. Among them, the “The Green Deal” stands out, an initiative prepared by the European Commission that sets out the standards of corporate social responsibility.

CSR and the transition to carbon neutrality

The CSR as a management instrument which intends to move towards the most committed business activity in the economic / labor, social and environmental fields, is also shown as a relevant framework to address the challenge of fighting climate change.

Therefore, in order to reach a sustainable future for present and future generations, it is a challenge for companies to address a change in mentality and business culture that implies new practices. One of these challenges is to achieve carbon neutrality, and in order to reach this goal, it is necessary to offset carbon emissions, this is undoubtedly one of the most effective and innovative ways to fight the threat of Climate Change through a highly transparent and straightforward methodology that aims to bring down global emissions.

From ClimateTrade we offer companies a simple way to offset their carbon footprint and contribute to projects that aim to tackle climate change. In the same way, we work with businesses willing to make an impact and help increase their corporate social responsibility initiatives. We offer your company the possibility to invest and develop projects aligned with their goals with tailor-made campaigns.

carbon-footprint-by-country

Which countries are the world’s biggest carbon polluters?

Which countries are the world’s biggest carbon polluters? 909 598 Climatetrade

Each year more than 36,000 million tons of CO2 are released into the Earth’s atmosphere, it is the main source of the Greenhouse Gases that contribute to Climate Change. The most part of these gases comes from the use of fossil fuels, the generation of energy through non-renewable channels and polluting human activities.

The last report of the World Meteorological Organization (WMO) pointed out  that during the last year recorded (2018), the concentration of CO2 in the atmosphere broke all records in the history of humanity. Specifically, the concentration reached 407.8 parts per million (ppm) in 2018, which represents almost a 47% higher level than the pre-industrial period, before 1750.

Top 10 polluters

However, the most part of this pollution comes from just a few countries: China, for example, generates around 30% of all global emissions, while the United States is responsible for almost 14%. In the ranking below you can find the 10 countries that produce the most emissions, measured in Millions of tons of CO2 in 2019.

1. China, with more than 10,065 million tons of CO2 released.

2. United States, with 5,416 million tons of CO2

3. India, with 2,654 million tons of CO2

4. Russia, with 1,711 million tons of CO2

5. Japan, 1,162 million tons of CO2

6. Germany, 759 million tons of CO2

7. Iran, 720 million tons of CO2

8. South Korea, 659 million tons of CO2

9. Saudi Arabia, 621 million tons of CO2

10. Indonesia, 615 million tons of CO2

Here you can see the Top 5 polluters of carbon dioxide from 2018, along with their global share and the evolution each country has experienced since the 70’s.

Data source: EDGAR – Emissions database for Global Atmospheric Research
Carbon-credits-regulation

The “New Green Deal”: everything you need to know

The “New Green Deal”: everything you need to know 1920 1280 Climatetrade

What is the European Green Deal and carbon emissions?

The “Green Deal” aims to make Europe the first carbon-neutral continent by 2050.

The United Nations Commission launched in December the “Green Deal”, in which countries undertake to reduce emissions by 50-55% in 2030 and achieve carbon neutrality by 2050, in addition to other measures towards decarbonization.

How can this be achieved?

Efforts towards this goal by 2050 will be supported by the following actions: 

Increasing carbon credit price, which already exists in a well-developed form in the EU, especially under the EU Emissions Trading Scheme. 

Incorporation of a new “Carbon Border Adjustment Mechanism”, essentially a carbon border tax aimed at imports from non-EU countries with less rigorous climate policies.

Revision of the Brussels state aid rules to allow governments to invest on technologies that reduce carbon emissions.

The Green Deal proposes a comprehensive economy transition, which means it strives to boost decarbonisation across the EU’s socio-economic sectors. The decarbonisation of the energy system is a key factor in achieving climate targets in 2030 and 2050. Energy production and use in all economic sectors means more than 75% of EU greenhouse gas emissions.

What’s next?

The Green Deal roadmap is also part of the EU’s long-term strategy to be presented to the United Nations Framework Convention on Climate Change (UNFCCC) in 2020. A cornerstone of the new strategy will be the adoption of the first European ‘Climate Bill’ by March 2020. As well as introducing more ambitious emissions targets, the plan seeks to drive policy reforms to make Europe the leader in climate-friendly industries, green technologies and green finance.

This commitment calls on companies, organisations, cities, states and regions to take strong, smart and innovative climate action to decarbonise the environment. We must commit … we must act together, the time is now. 

Climate-change-consequences

Climate change involves all of us, including business

Climate change involves all of us, including business 582 388 Climatetrade

The agriculture and tourism industries are bearing the brunt of this devastating forest fire wave, a direct consequence of global warming.

Australia’s 2019/2020 bushfire season has been one of the most catastrophic in history with disastrous results for biodiversity and the environment.

The economic impact cannot yet be accurately estimated but it has had a significant impact on business.

What is the impact on business and industry?

  • Some businesses and institutions were forced to close temporarily due to air pollution levels. In the most affected places the air quality became more than 20 times higher than the limits of the danger level, causing the closure of restaurants, shops, offices, government departments, among other businesses. 
  • More seriously, those businesses whose infrastructure was affected had to take drastic measures and pause their operations, resulting in significant loss of income and assets.
  • Consumer confidence fell by 6.2% in January 2020 compared to the same month last year, according to the Westpac-Melbourne Institute index, showing how it has affected consumption and people’s purchasing power. 
  • Agriculture has undoubtedly been one of the most affected economic activities. The fires caused crop and harvest losses. Additionally, pollutants released by fires can affect crop growth and vegetation hundreds of miles away from the area where the fires occurred.

Smaller industries, in some unique cases, have been severely affected, such as cherry production, forestry, and abalone production, which could take years to recover. Among these we find the beekeeping industry. More than 4,600 hives have been destroyed and another 23,000 suffered significant losses.

  • According to the latest figures published by the government, more than 46,000 heads of cattle have been lost in the fires, which considerably affects the meat and dairy industries. Considering that Australia is the second-largest exporter of beef in the world, meat prices could increase.  

Tourism represents 3.1% of Australia’s economy and employs 666,000 people, or 5.2% of the country’s workforce, according to government figures.

  • Tourism has been hit hard, with fires occurring during the peak summer visitor season, the most active and profitable period for many Australian tourism businesses. Australian tour operators in the most affected areas say that the government’s ban on travellers to these areas has intensified the impact of the bushfires.

Similarly, Australia’s image as a tourist destination is being severely affected internationally. 

In addition to the strain on the economy, there is the impact of smoke from forest fires on the surrounding metropolitan areas. At the height of the fires, when the smoke mist has been at its worst, both Melbourne and Canberra air quality were rated as the worst in the world.

Industry-co2-pollution

Do you know the difference between carbon zero and carbon neutral?

Do you know the difference between carbon zero and carbon neutral? 640 326 Climatetrade

Carbon Zero

We refer to Carbon Zero when there is no production of carbon emissions from a product or service, meaning that no carbon was emitted from the first moment, so it is not necessary to capture or offset carbon.

For example, a domestic or commercial building that is off-grid, runs entirely on solar energy and uses zero fossil fuels.

Carbon neutral

Being “carbon neutral” means removing as much CO2 from the atmosphere as we emit, meaning having a balance between the carbon emission and the absorption of carbon from the atmosphere.

To achieve carbon neutrality the first thing we must do is reducing our carbon footprint through a change in our consumption habits. 

Your company can also achieve this objective, initially by identifying the critical points in its carbon footprint and then taking action to reduce those emissions.

How to reduce the carbon footprint?

Some actions can be:

  • Keeping energy use to a minimum or switching to renewable energy, which does not produce carbon dioxide.
  • Limit travelling and promote other meeting alternatives, such as videoconference. 
  • Promote electronic communications, reduce paper use and print only when absolutely necessary and try to reuse these prints. 
  • Recycle by properly sorting waste. 

Carbon offsetting

However, in addition to reducing your carbon footprint, to become carbon neutral what you need to do is to offset the emissions that cannot be reduced.

How to achieve this?

We can help you! 

From Climatetrade we want to give everyone the possibility to offset their carbon footprint by supporting sustainable projects that help mitigate the effects of climate change or those that directly have a positive impact on the environment.

We offer you a simple way to offset your carbon footprint, through carbon credits, supporting environmental projects around the world, mainly in emerging countries, with the aim of balancing their own carbon footprints, expressed in tons of CO2 emitted into the atmosphere.