The climate strategy allows the company to be ready for international rules in the field of carbon regulation: taxes, carbon dividends and quotas. Data on climate risks force investors to revise investment projects to a high level of sustainability, to overestimate risks and assets in the long term. Climate risks become investment risks. The investment focus is shifting to transparent, carbon-neutral companies whose goal is sustainable business in the long term, the introduction of ESG criteria and the maintenance of voluntary international reporting.
At the same time, the traditional economy is changing course to “green”. The key vectors are: low-carbon, circular, inclusive, creative and ecosystem economies.
Accounting for the greenhouse footprint has become an innovation for companies, for which the market is not prepared. The difficulty arises in the questions: what to count and how to count?
There are no legally approved methods and standards. There are voluntary generally accepted methods of calculating greenhouse gas emissions in the world. For example, the full level of calculations for Scope 1, 2, 3 is reflected in the GHG Protocol and ISO. ESG indicators, CDP reporting, TCFD, EPD declarations, LCA – life cycle assessment, are becoming key rules in conducting international business and attracting the attention of investors. European exchanges are introducing environmental reporting for companies.
At HPBS, interdisciplinary experts from the fields of carbon footprint assessment, energy efficiency and finance are developing the climate strategy. The program is based solely on research on the carbon footprint of corporations conducted over 10 years.
Stage 1. Development of measures to reduce the carbon footprint of the company.
Result: a report with options for optimizing the greenhouse footprint.
Stage 2. Economic calculations of measures to reduce the carbon footprint.
Result: report of economic calculations on implemented measures.
Method: review of international practices on greenhouse footprint reduction.
Stage 3. Development of a schedule for the implementation of solutions to optimize the carbon footprint.
A report on the technologies used, modeling options for reducing GHG emissions for the period up to 2030.
Stage 4. Formation of “green” requirements for project documentation and suppliers.
Result: a report with technical requirements for production technology, resources, raw materials, fuel, energy, logistics.
Stage 5. Strategy for achieving carbon neutrality.
The climate strategy allows the company to feel confident in international markets, where significant regulatory changes are taking place. The climate strategy takes into account the following risks and opportunities: