Isaline Nguyen

[Argos Wityu x Boston Consulting Group (BCG) Mid-market Climate Transition barometer®📈] 📣 🌳📣 Argos Wityu and Boston Consulting Group (BCG) release the second edition of their barometer on European SMEs' commitment to decarbonization. Groundbreaking study based on the interviews with 700 SME managers in 6 countries: Belgium, France, Germany, Italy, Luxembourg, The Netherlands. 💬 “There is no turning back: decarbonization continues to progress for small and mid-sized companies. This is a positive development, also for larger companies as they require their suppliers’ and partners’ help to achieve their climate targets. First movers are confronted with first obstacles: the lack of time and resources now stand out as primary challenges for SMEs, requiring more efforts in supporting the transition.”says Fabien H., Partner Boston Consulting Group (BCG). 💬 “European mid-market companies’ role in the global environmental transition is pivotal. This year’s Climate Transition Barometer confirms the depth of their commitment to decarbonisation. Supporting and amplifying these initiatives is crucial for fostering a greener and more resilient economy.” ads Simon Guichard, Partner Argos Wityu. Read the results of this survey : https://lnkd.in/gW-3YxTt Authors ✍ Argos Wityu: Sandra Lagumina, Lucio Ranaudo, Simon Guichard, Dr. Fabian Söffge, Caroline Fady BCG: Benjamin Entraygues, Amine Benayad, Florian Kahn, Fabien H., Arthur MAROY

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🎉 We were pleased to see Luxembourg and France calling for separate targets in the EU 2040 climate framework during ENVI Council discussions this week. Both countries demanded that the 2040 EU climate target includes a clear distinction between gross emissions reductions, natural sinks and technological removals. 👍 Germany also called for transparency over the contribution of natural and technological sinks towards the 2040 target, while the Netherlands stressed the need for a well designed carbon removals mechanism to ensure they are not used to bypass emissions reductions. 👉 A clear separation of targets and policies for emissions reduction, land based sequestration and permanent removals is what Carbon Market Watch asked to the European Commission earlier this year in our open letter signed by more than 100 organisations and scientists: https://lnkd.in/enhm2Fv7 📰 As explained in our Bare necessities briefing (https://lnkd.in/d6RhefV7), setting separate targets is a prerequisite for a sensible EU carbon removal policy. 📢 We call on other EU member states to embrace the separation of targets approach to enhance transparency and accountability, limit an extremely risky overreliance on land sinks and permanent removals, and enable ‘action on all fronts’ as called for by UN Secretary General António Guterres on World Environment Day (https://lnkd.in/ewRCh4eF).  

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Doubts over the emissions claims clean cooking projects have made over the years may have eroded the credibility of carbon credits issued in their name. This month the Clean Cooking & Climate Consortium (4C) has responded. Led by the Clean Cooking Alliance (CCA), 4C unveiled their draft of a new methodology for measuring emissions in clean cooking projects. This is the first that applies universally to all types of cooking transitions. For the last year and a half, 4C has worked with 250 stakeholders to develop their methodology. Their goal is to set the standard for measuring emissions reductions in cooking projects under Article 6.2 and Article 6.4 of the Paris Climate Agreement, as well as within the Voluntary Carbon Market. 🔗 Continue reading at Engineering for Change: https://bit.ly/3VTDWcl #E4CFellowship #technology #sdg #socialimpact

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[#E4CLab 🧠 A new Energy4Climate (E4C) #publication by Aina Maimó Far] Discover how balancing socio-environmental awareness and renewable energy targets is key to a sustainable future. Aina Maimó-Far's latest study delves into the land-energy nexus, revealing insights crucial for achieving Sustainable Development Goals. Find out why an intermediate approach is the most promising path forward.   Read the full article now 👇 https://lnkd.in/e8CKhpXC co-authored by Victor Homar Santaner, Alexis Tantet and Philippe Drobinski Universitat de les Illes Balears, Institut Polytechnique de Paris, Polytechnique, ENSTA Paris, ENSAE Paris, Télécom Paris, Télécom SudParis, École des Ponts ParisTech, CNRS Île-de-France, Gif-sur-Yvette   #Sustainability #RenewableEnergy #EnergyTransition #Research #ClimateAction #Energy4Climate

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I have participated in the organization of an event on scope 3 decarbonization and supplier engagement a few months ago. It was very interesting to learn about success factors for the implementation of supplier engagement programs and its implications on businesses. To know more about our recommendations to engage suppliers to decarbonize, you can read the following article. #scope3 #supplierengagement

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To date, the focus of climate change mitigation has been on CO2 emissions. But to achieve the Paris Agreement (1.5 degree C by 2030), increasing attention is being given to CH4 emissions--a GHG that has 80x the GW impact of CO2 during a 20-year period. Identification, measurement, verification and compliance monitoring of CH4 emissions has been a challenge until now. With the launch of a highly sophisticated satellite-- MethaneSAT--in March these challenges will be no longer. My recent column in the Wiley Climate & Energy Journal discusses the need, history and value to be delivered with MethaneSAT by contributing to improved detection and transparency for climate policy and mitigation.

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Major Update for the Voluntary Carbon Market 💡: SBTi has approved carbon credits for Scope 3 targets. The Science Based Targets initiative (SBTi) has announced they’ll be allowing environmental attribute certificates (including carbon credits), to be applied towards Scope 3 targets. This decision comes due to growing concerns that companies aren’t reducing their emissions quickly enough, especially Scope 3 emissions which for many, (like in the financial services sector), constitute up to 99.98% of their total emissions footprint. Recognizing the challenges companies face in meeting these targets, SBTi's new policy aligns with the Voluntary Carbon Market Integrity Initiative (VCMI) beta scope 3 flexibility claim. This policy enables companies to use carbon credits to cover up to 50% of their annual Scope 3 emissions, providing a bridge towards achieving their climate goals. This could potentially unlock billions in climate finance that is urgently needed. Looking forward to seeing the release of the first draft of basic rules, thresholds, and guardrails for using environmental attribute certificates for Scope 3 abatement by July 2024. This is a pivotal move for corporate climate action, opening up new avenues and possibilities for investment and accountability in environmental impact strategies. #CarbonCredits #ClimateAction #CorporateSustainability #SBTi

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🌍 EDF is on the ground at the #Bonn Climate Talks, tracking key discussions as climate negotiators set the stage for #COP29 in Baku and subsequently, COP30 in Brazil. The #SB60 talks (the 60th sessions of the UNFCCC Subsidiary Bodies) are a crucial opportunity to gauge progress and address challenges before the major climate conference in November. One thing we’re watching closely at Bonn: #ClimateFinance. At COP29, the world will set the New Collective Quantified Goal (NCQG) to determine how much money we need to address climate change. It’s not just about the amount of money—but also how we ensure that climate-impacted countries and communities can access it without taking on further financial burdens. We’re also watching discussions on: ➡️ Ensuring equity through the Just Transition Work Programme ➡️ Accelerating action on sustainable food and agriculture ➡️ Making progress on Article 6: Advancing cooperative implementation ➡️ Treating our oceans as critical allies in climate mitigation ➡️ Strengthening partnerships with all actors for coordinated climate action Our experts are advocating for robust international cooperation and quality financial commitments. 👉 Dive into our full blog for more details and learn how EDF is working to support a positive outcome: https://lnkd.in/ekApnTeh #ClimateAction #UNFCCC #COP29 #COP30 #SustainableFuture #JustTransition #ClimateFinance

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💡This year, FIR and ADEME are extending the scope of their analysis to European companies presenting a Say on Climate in partnership with us along with Ethos. 📝What is a Say on Climate? It's a resolution submitted by the company to the consultative vote of shareholders at its Annual General Meeting (AGM), aimed at gathering their opinion on the company's climate strategy and/or its implementation. According to the FIR (Sustainable Investment Forum), it is an essential tool for establishing effective shareholder dialogue. In 2023, 26 European companies proposed this vote at their AGMs and were evaluated by ADEME (the French Agency for Ecological Transition) and FIR in this context. The aim of these assessments is to decipher not only the ambition but also the level of credibility of the companies' transition plan. Climate strategies are assessed on the basis of publicly available data. Using sector-specific methodologies, ACT provides an accountability framework for measuring the contribution of corporate strategies and actions to the mitigation objectives of the Paris Agreement, by analyzing short-, medium- and long-term reduction targets, emissions trajectories and action plan measures. To find out more follow the link below 👇 https://lnkd.in/dxi6Ke4q #climate #climatetransition

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🎉 ESG Reporting Booms as Sustainability Takes Center Stage Companies are prioritizing transparency on ESG issues, aligning with rising investor interest in sustainable practices. ESG software is booming as regulations like the EU's CSRD demand detailed reporting. Our Frost Radar analyzes key players in this fast-growing industry such as Greenplaces, SWEEP, Diligent, Workiva, Emitwise, Measurabl, Watershed, Persefoni, Pulsora, Greenly | Certified B Corp, Clarity AI, ESG Book, Novisto, Fenergo, AMCS (formerly Quentic), Intelex Technologies ULC Find our latest Frost Radar on this link, or reach out to us! Fredrick Royan #ESG #Sustainability

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#EU reached a significant milestone in Europe's #StrategicAutonomy, Climate, and #IndustrialPolicy: the Net-Zero Industry Act (NZIA) is now in force. This regulation aims to boost the manufacturing of technologies essential for a decarbonised energy system, create green jobs, and enhance our economy's resilience. As a Regulation, it is immediately applicable across all EU countries. Check the #NZIA's key provisions. #EU #funding

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Happy Mother Earth Day ! 💚 We need to do more on climate change and large corporations need to lead the way ! 🚀 1️⃣ Companies' 2030 and net-zero climate targets have improved but are still insufficient to limit global warming to 1.5°C. ⁠2️⃣ Companies struggle to shift purpose into practice: a majority of claimed trajectories are at risk. 3️⃣ Flexibility mechanisms for scope 3 emission reduction targets are gaining momentum, which would involve regression from already insufficient commitments. 4️⃣ Independent assessors must harmonize methodologies and maintain a very high level of scientific rigor in carbon trajectory assessments. ⁠We need large corporations to show concrete progress and results to demonstrate that another world is possible. At Goodness & Co, we work with courageous leaders to move the needle and build business as a Force for Good. ⁠We must not let pessimism win, and keep on going! 🌱 #EarthDay #Leadership #Sustainability (source : Corporate Climate Responsibility Monitor, 2024)

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🌱 Decarbonization: Understanding the 3 Scopes for Sustainable Transition. Transitioning to a low-carbon economy is crucial for combating climate change. To achieve this, it's essential to understand the three "scopes" of decarbonization. Here's a brief overview: 🔍 Scope 1: These are direct greenhouse gas (GHG) emissions from sources controlled by an organization. This includes emissions from the combustion of fuels in the company's facilities, such as factories or vehicle fleets. 🔍 Scope 2: These are indirect GHG emissions associated with the production of purchased electricity, heat, or steam consumed by the organization. These emissions occur outside the organization's boundaries but are related to its activities. 🔍 Scope 3: These are indirect emissions not directly related to the organization's activities but generated throughout its value chain. This can include emissions from the extraction and production of raw materials, activities of suppliers, use of sold products, and even employee commuting. By understanding and quantifying these three scopes, companies can develop effective decarbonization strategies. This often involves reducing direct emissions (Scope 1), investing in renewable energy sources to reduce indirect emissions from electricity (Scope 2), and collaborating with suppliers and partners to reduce emissions throughout the value chain (Scope 3). Decarbonization isn't just an obligation; it's an opportunity. By taking a proactive and strategic approach, companies can not only reduce their environmental impact but also improve operational efficiency, cut costs, and enhance resilience to climate risks. #Decarbonization #ClimateChange #Sustainability #CorporateResponsibility #EnergyTransition

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The COP29 Presidency outlines key strategic priorities for 2024 to enhance climate ambition and enable action - in solidarity for a green world - with a focus on : - Climate finance: getting an agreement on the The New Collective Quantified Goal on Climate Finance (NCQG) - NDCs: mobilizing all Parties to submit new Nationally Determined Contributions and climate action plans that match the level of ambition agreed in Paris. See also the timelines with the Heads of States and Leaders Summit taking place from November 11th to 13th and the finance day on the 14th of November 2024. Let’s continue to unite and stay mobilized for climate action. Together we are stronger. Together WE Build Bridges for Climate & Sustainability. COP29 Azerbaijan María Fernanda Espinosa Garcés Elise Buckle Hindou Oumarou Ibrahim

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CSRD is a daunting piece of legislation that will directly impact organisations within Europe, and those working close to the trading bloc. Take a look at Normative's helpful handbook below & let me know if you have any legislation questions.  #legislation  #csrd  #climate  #sustainability  #sustainabilityreporting

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Earth Day 2024 🌍 It's time to recommit to Climate Action ❗ Today, on Earth Day, a new report by Ipsos (Public Opinion on climate change) reveals some concerning trends: -Declining Conviction 🔻 : While a majority believes governments, businesses, and individuals share responsibility for tackling climate change, that conviction has weakened over the past three years. -Action vs. Impact 🍃 : Awareness is growing, but people often overestimate the impact of low-impact actions like recycling. We need to focus on high-impact solutions. -The Cost of Clean Energy ✅ : There's optimism about environmental benefits of clean energy, but concerns remain about economic impacts. We need a just transition. Let's recommit to climate action today. There's still time to turn things around, but it requires a collective effort. #EarthDay #ClimateAction #Sustainability

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Climate change is a hot topic, and a key player is often mentioned: CO2 emissions. While it's crucial, let's explore the why and delve deeper into the bigger picture since this topic was mentioned in many posts recently. · CO2 is the most common greenhouse gas humans produce. It acts like a heat-trapping blanket, causing global warming. The science is clear on its impact. · Beyond CO2: N2O (nitrous oxide), CF4 (carbon tetrafluoride), and SF6 (sulfur hexafluoride) are potent greenhouse gases. While their concentrations are lower than CO2, they have a much stronger heat-trapping effect per molecule. · Tracking CO2 emissions are relatively easy to monitor and reduce. Established technologies exist to track and cut CO2 from power plants and factories etc. · The challenge with other emissions such as N2O, CF4, and SF6 often come from specific industries or products. Regulations and mitigation strategies for these gases are still under development compared to CO2. Companies should strive to reduce emissions across the board, not just CO2. Expanding reporting to include N2O, CF4, and SF6 creates a more complete picture of a company's environmental impact. What are your thoughts on expanding emission reporting in the near future? #climateaction #sustainability #grnimpact

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