GREENHOUSE GAS EMISSIONS MANAGEMENT

The starting point for a valid strategy to combat climate change is the calculation of greenhouse gas emissions caused by human activities. The emissions inventory represents a collection of technological, and operational data, which allows the quantitative assessment of emission sources and the emission of greenhouse gases in the atmosphere related to them.

Measuring your emissions accurately is the first steptostart anengagement with your stakeholders and disclosure process, communicate transparently how the issue of climate change is addressed and to demonstrate the sustainability of your business model in the time.



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Carbonsink offers its customers support in all phases of company emissions management.

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SCOPE 1 ANALYSIS

Greenhouse gas emissions generated by greenhouse gas sources, or from physical units or processes that release GHGs into the atmosphere, owned or controlled by the company.

SCOPE 2 ANALYSIS

Greenhouse gas emissions from the production of electricity, heat or steam imported and consumed by the company.

SCOPE 3 ANALYSIS

Improvement of existing emissions inventory according to internationally recognized certification standards.


CERTIFICATION WITH THIRD EXTERNAL ENTITY

INDIRECT GREENHOUSE GAS EMISSIONS

Scope 3 emissions represent indirect emissions due to the company's activity. This category includes the emission sources that are not under the direct corporate control but whose emissions are indirectly due to the company activity.Some examples of indirect emissions are:company trips made with vehicles not owned by the company (air travel), production of raw materials and finished products purchased from suppliers (goods, fuel), etc…

To achieve concrete emission reduction targets the company should begin to map the emissions from its own value chain to be able to define risk factors and exposure to climate change.Knowing and mapping the impact of materials and production processes that make up a product or service is essential to define concrete emission reduction targets*, measurable and comparable to the main international scenarios (2 degrees Celsius, SBT, etc).

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SCOPE 3 ANALYSIS

Scope 3 emission reduction strategy.

REPORTING

Improved reporting and disclosure activities.

MAPPING

Mapping of all scope 3 emissions.

INVOLVEMENT AND IMPROVEMENT STAKEHOLDER ENGAGEMENT

EMISSION REDUCTION TARGETS

An emission reduction target is the medium-long term objective that a company places on climate change. The definition of a target allows the company to set clear and shared emission reduction targets over time, in line with industrial plans. The targets that a company sets may be intensity targets* and/or absolute targets* and are calculated on the company's characteristics, the reference sector, growth trends and the investment plan.

Defining an emission reduction target is the first step to commit to the international goals set by the Paris Agreements.

By defining a target, the company will be able to evaluate its own performances with respect to the baseline (reference year), communicate to its stakeholders its commitment to managing the risks deriving from climate change and improve and consolidate its relationship with investors and market.

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BASELINE IDENTIFICATION

ANALYSIS OF HISTORICAL INVENTORY DATA

IDENTIFICATION OF POSSIBLE INTERVENTION AREAS FOR REDUCTION OF EMISSIONS

DEFINITION OF ABSOLUTE AND INTENSITY REDUCTION TARGETS

VARIANCE ANALYSIS