BMW Foundation Herbert Quandt’s Post

Carbon dioxide removal (#CDR) is a powerful tool for offsetting hard-to-abate and legacy emissions, but it remains poorly understood and underused. Currently, CDR deployment falls short of the climate-relevant scale required to meet the 1.5°C climate target.   It’s time to change that! More leaders and organizations have to commit to proactive CDR strategies. We’re here to help them turn intentions into action.   Our new report, “From Awareness to Action: The Six Building Blocks for Purchasing Carbon Removal,” is a must-read for decision-makers and #sustainability leads. It outlines the six steps to creating a successful CDR initiative, from stakeholder engagement to securing C-level buy-in. Discover how to implement a CDR #strategy to meet net-zero commitments and become a sustainability leader in your sector.   This report, a collaboration between the BMW Foundation Herbert Quandt, us at remove, and sus.lab | ETH, features insights from insider interviews, the latest research, and practical guidance on CDR in a corporate context. Read and download the report here: https://lnkd.in/erWHwg9n

🚀 Report launch! 🚀 Carbon dioxide removal (#CDR) is a powerful tool for offsetting hard-to-abate and legacy emissions, but it remains poorly understood and underused. Currently, CDR deployment falls short of the climate-relevant scale required to meet the 1.5°C climate target. It’s time to change that! More leaders and organizations have to commit to proactive CDR strategies. We’re here to help them turn intentions into action. Our new report, “From Awareness to Action: The Six Building Blocks for Purchasing Carbon Removal,” is a must-read for decision-makers and #sustainability leads. It outlines the six steps to creating a successful CDR initiative, from stakeholder engagement to securing C-level buy-in. Discover how to implement a CDR #strategy to meet net-zero commitments and become a sustainability leader in your sector. This report, a collaboration between the BMW Foundation Herbert Quandt, remove and us at sus.lab | ETH, features insights from insider interviews, the latest research, and practical guidance on CDR in a corporate context. 🌍Dive deeper! 👉 bit.ly/PurchasingCDR Have questions or want to engage? Don't hesitate to reach out to us: Oliver Akeret Gudrun Thorsdottir Aliénor von Roten

𝐑𝐞𝐝𝐮𝐜𝐢𝐧𝐠 𝐚𝐧𝐝 𝐨𝐟𝐟𝐬𝐞𝐭𝐭𝐢𝐧𝐠 𝐞𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬: 𝐰𝐡𝐲 𝐬𝐡𝐨𝐮𝐥𝐝 𝐲𝐨𝐮 𝐞𝐦𝐛𝐫𝐚𝐜𝐞 𝐛𝐨𝐭𝐡? Throughout their decarbonisation journey, many businesses debate whether they should focus on reducing emissions or on offsetting historic and unavoidable emissions instead. To stay below the 1.5 degrees Celsius temperature increase, leveraging every available decarbonisation tool is crucial. One of the primary challenges is to remove emissions following a stringent pathway. Equally as important, but often underexposed is the necessity to remove up to 10 GtCO2 from the atmosphere annually by 2050. While carbon #offsetting is often a polarising and misunderstood strategy, in reality, it can catalyse bold, immediate actions for tackling unavoidable emissions.   In our latest blog article, we highlight 3 key reasons why businesses should both reduce and offset emissions at the same time:  1️⃣ Implementing emission reduction projects takes time. And offsetting offers an immediate solution for unavoidable emissions.  2️⃣ Carbon credits provide the mechanism and financing to avoid and remove carbon emissions.  3️⃣ Combining reduction and offsetting helps companies address historic emissions.     So, it’s time we embrace both emission reduction and offsetting strategies simultaneously to maximise our impact and contribution towards reaching #NetZero💪    → How do you invest in carbon credit projects that are high-impact, credible, and long-term focused? Learn more here: https://lnkd.in/ecTRVRPK Together, we can pave the way for a sustainable, low-carbon future 🌱 #GoodZero #CarbonCredits #Sustainability

🌿 Why choose between reducing and offsetting emissions when we need both? 🌎 This insightful blog post explains how combining these strategies maximises our impact and addresses historic emissions. Join the journey towards a low-carbon future! 🌱 Read more, learn more👇 #NetZero #CarbonCredits #GoodZero

Understanding the Critical Role of Scope 3 Emissions in Achieving Real Climate Impact

Understanding the Critical Role of Scope 3 Emissions in Achieving Real Climate Impact In our journey toward sustainability, addressing direct emissions from our operations (Scope 1) and indirect emissions from purchased electricity (Scope 2) has been a priority. However, for many organizations, the real game changer lies in tackling Scope 3 emissions—those that come from activities not owned or directly controlled by the firm but are part of the entire value chain. Scope 3 emissions can account for up to 75% of a company’s carbon footprint, encompassing everything from the extraction and production of purchased materials to the end use of sold products. Understanding and mitigating these emissions is not just a responsibility; it's an opportunity to influence the broader market towards sustainability. Introducing Zero Carbon One’s Dedicated Calculator for Scope 3 Emissions At Zero Carbon One, we recognize the complexity of quantifying and managing Scope 3 emissions. That's why we’ve developed a dedicated Scope 3 calculator. Our tool is designed to help companies not only measure but also strategize the reduction of their supply chain emissions effectively. Creating a Roadmap for Supply Chain Emission Reduction Beyond measurement, achieving real impact requires action. Zero Carbon One also provides a clear and actionable roadmap for businesses to reduce their supply chain emissions. Our approach helps companies transition from assessment to action, implementing sustainable practices that contribute to a significant reduction in global emissions. Let’s make Scope 3 emissions a focal point of our sustainability strategies. By focusing on the entire supply chain, we can drive larger, more meaningful changes in the fight against climate change. Explore how Zero Carbon One can assist your company in making this pivotal shift. Join us in turning sustainability commitments into real impact. #Sustainability #ClimateAction #ZeroCarbon #Scope3

🎉We are delighted that Science Based Targets initiative has approved our near-term science-based emissions reduction target! 🌳 SML is determined to make a significant impact by slashing absolute scope 1 and 2 GHG emissions by 42% before 2030, based on our 2021 starting point. But that's not all! We're also committed to reducing absolute scope 3 emissions from purchased goods and services, capital goods, business travel, and employee communication by the same 42% within the same timeframe. 🌍 By aligning with these targets, SML is proudly joining the global movement of organizations striving to halve emissions by 2030, taking us one step closer to achieving net-zero emissions before 2050. With science-based targets in place, we have a clear roadmap to reduce overall #greenhousegas emissions and meet the goals set out in the Paris Agreement. Discover how we're working towards a brighter, more sustainable future: https://lnkd.in/eyHXM396 #sustainability

🌍 Understanding the Importance of #Scope3 Emissions in Our #Sustainability Efforts 🌍 In the quest for a sustainable future, many companies have taken significant strides in reducing their direct (#Scope1) and indirect (#Scope2) emissions. However, there's an often overlooked yet crucial aspect of our carbon footprint – Scope 3 emissions. What are #Scope3 Emissions? Scope 3 emissions encompass all other indirect emissions that occur in a company's value chain. This includes everything from raw material extraction, product transportation, and waste generation to employee travel and end-of-life treatment of sold products. Essentially, these are emissions that a company is indirectly responsible for, up and down its supply chain. Why Focus on Scope 3 Emissions? *Significant Impact: They can be the largest source of emissions. *Complete Carbon Footprint: Essential for effective sustainability strategies. *Regulatory Pressure: Growing demand for transparency and accountability. *Risk Management: Identifies supply chain risks and enhances resilience. *Reputation: Shows leadership in sustainability, attracting eco-conscious consumers. Addressing Scope 3 emissions is crucial for a sustainable future and opens up new opportunities for innovation and efficiency. Let’s take responsibility for our entire carbon footprint. 🌿 #Sustainability #ClimateChange #Scope3Emissions #GreenBusiness #CorporateResponsibility #EnvironmentalImpact #SustainableFuture #FORVISMazars #CorporateSustainability #carbonfootprint #decarbonization #greensupplychain #GHGemissions #greenhousegases

The strategy of #sustainable emissions management and the pursuit of #carbonneutrality has been part of Plan Be Eco's operations since its inception. We strive to keep our annual emissions as low as possible. 💚 In the post below, we discuss our #carbonfootprintreport in detail. Perhaps it will be an inspiration on how to talk about emissions. 😎 Remember that the result is one thing. The most important is to adopt an emissions #reductionstrategy and fulfill it step by step, according to the company's capabilities. ➡️ https://bit.ly/47GgmUt

We were so excited when reading an article by Ed Hewitt called “Carbon credits - Taylor's version” 🌟🌍 The article focuses on a larger issue: the billions of tons of emissions linked to corporate value chains. While Taylor's emissions are significant, the bigger challenge is addressing corporate carbon footprints. Here is the summary of the article: 🔁 Taylor Swift's recent purchase of carbon credits to offset her Eras tour emissions has brought the voluntary carbon market (VCM) into mainstream discussions. This move raises vital questions about the evolving role of carbon credits and the divide within the carbon credit debate. 🙀 This scenario exemplifies "VCM 1.0," where companies opt for cheap carbon credits without clear commitments to internal emission reductions. Critics fear that if this trend continues, it might become a mere tool for companies to buy indulgences, allowing business as usual without making substantial efforts to cut emissions. 🪴 Enter "VCM 2.0" – a new paradigm that emphasizes rapid emissions cuts aligned with scientific targets while acknowledging the need for immediate responsibility for current emissions. It encourages companies to compensate for a portion of their ongoing emissions while striving for science-based reductions. Should Taylor ditch offsets? Not necessarily. Instead, she and companies alike should leverage them differently – as part of a comprehensive climate strategy prioritizing in-chain emission cuts. It's time for both market proponents and critics to explore the potential of VCM 2.0 and work together toward a more sustainable future. So Swiftie, what’s Your thoughts on this? we don’t want a ‘Blank Space’ in the comment section below. Please do your magic, head over to www.fairatmos.com to keep the conversation alive to shape the future of sustainability!🌐🌿 Stay tuned for further updates! 🌿✨ #TaylorSwift #ErasTour #CarbonCredits #ClimateAction #VCM2point0