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🌍📈 Setting Science-Based Targets: A Simple Guide to a Sustainable Future 🌱 Science-based Targets are like GPS coordinates for sustainability, but the question is how to set or find these coordinates. There are three methods for this 1. Sectoral Decarbonization Approach 2. Absolute Emission Contraction  3. Emission Intensity Contraction Approach Let’s decode the first SDA method! Imagine the world as a puzzle, with each industry being a piece. The Sectoral Decarbonization Approach looks at your industry's piece and says, "Hey, let's cut emissions based on what's possible for our sector." It's like customizing goals that fit your unique puzzle piece. 🧩 In textbook style: the SDA is a method to establish the physical intensity targets that uses convergence of emissions intensity. relies on reducing emissions relative to a specific performance metric within a business, such as the company's production output.  Now, try to understand this with an example of Automobile industry. Imagine, you're thinking about setting Science-Based Targets (SBTs) for the automobile industry to reduce carbon emissions, and that's where the Sectoral Decarbonization Approach (SDA) comes into play. Here's how it works: 1️⃣ Identify Your Puzzle Piece: In this case, your puzzle piece is the automobile industry. It's unique, with its own challenges and opportunities for emissions reduction. Try to understand what are strength and limitation of the sector. 2️⃣ Collaborate with Peers: SDA encourages collaboration. You reach out to other auto companies and suppliers and assess what's possible in your industry. 🤝 3️⃣ Customize Your Goals: Instead of a one-size-fits-all approach, SDA helps you tailor your SBTs. Maybe you focus on developing electric vehicles, improving fuel efficiency, or revolutionizing your supply chain. 🧩 4️⃣ Track Progress: As you implement changes, you continuously track your emissions reductions. It's like piecing together your puzzle while keeping an eye on the bigger picture. 📈 5️⃣ Contribute to Global Goals: By reducing emissions within your sector, you're meeting your targets and contributing to global climate goals. 🌎 So, why is SDA special?  It recognizes that every industry has its unique challenges. It fosters collaboration among competitors for a common cause. It shows the world that industries can transform for a sustainable future. The Sectoral Decarbonization Approach is our compass for sustainable industry transformation in a world where every piece of the puzzle matters. 

Thousands of companies aim for net-zero, science-based, or climate-positive goals, but many fall short. Will your company be different? Download our free whitepaper to learn: 🔍 What emissions reduction targets are 🌐 The meaning of net-zero 🔬 Science-based targets by SBTi 🎯 Benefits of achieving these goals 📊 Staying compliant and competitive 📝 Five steps to set achievable targets 💻 Role of sustainability management software Download today! https://hubs.ly/Q02z6lfT0

🌍 The Net-Zero Imperative: Why Emission Reduction Matters More Than Ever In today's business landscape, reducing emissions isn't just an environmental concern—it's a critical business strategy. Here's why your company should prioritize emission reduction: 1️⃣ Regulatory Compliance: Governments worldwide are implementing stricter emissions regulations. Staying ahead of these changes is crucial for long-term success. 2️⃣ Investor Pressure: ESG-focused investing is on the rise. Companies with solid emission reduction plans are more attractive to investors. 3️⃣ Consumer Demand: Customers increasingly prefer eco-friendly brands. Reducing your carbon footprint can boost your market appeal. 4️⃣ Innovation Driver: The push for lower emissions often leads to innovative solutions that can improve efficiency and reduce costs. 5️⃣ Risk Mitigation: Climate change poses various risks to businesses. Reducing emissions helps future-proof your operations. 6️⃣ Competitive Advantage: Early adopters of robust emission reduction strategies often gain a significant edge over competitors. The path to net-zero isn't just about compliance—it's about leading the way towards a sustainable future while driving business growth. What steps is your company taking towards emission reduction? Share your thoughts and experiences below! #NetZero #SustainableBusiness #ClimateAction #EmissionReduction #BusinessStrategy

Assessing your current carbon emissions can radically change your business. Here are three reasons why Net Zero Reporting is beneficial to your business: 1 - Stakeholder Expectations: Net Zero Reporting addresses increasing stakeholder expectations for transparency and sustainability. Customers, investors, and employees value businesses that actively contribute to environmental goals, making it crucial for companies to showcase their commitment through transparent reporting. 2 - Risk Mitigation and Resilience: Comprehensive Net Zero Reporting enables businesses to identify and mitigate environmental risks associated with climate change, helping them build resilience against potential disruptions. Companies can develop strategies to navigate regulatory changes and possible market shifts by understanding and addressing their carbon footprint. 3 - Competitive Advantage: Net Zero Reporting can provide a competitive edge in the marketplace. Consumers are becoming more environmentally conscious, and businesses committed to sustainability can attract a broader customer base. It also positions companies favourably in markets where sustainability practices become differentiators in decision-making processes. #netzero #netzeroreporting

Harnessing Scope 3 Emissions: Igniting Transformation In an era where environmental concerns are at the forefront of public consciousness, businesses must not only strive to reduce their own carbon footprint but also take responsibility for their entire value chain. "Scope 3 emissions, which encompass indirect emissions from a company's supply chain and the use of its products, have emerged as a crucial aspect of sustainability." While measuring, managing, and mitigating Scope 3 emissions may appear daunting, it presents a remarkable opportunity for businesses to drive positive change, enhance their reputation, and secure a resilient future. By embracing this challenge, businesses can transform themselves for the better, achieving long-term sustainability, enhancing their reputation, and capturing new opportunities. Read our full guide to harnessing scope 3 here: https://lnkd.in/gy8dE9JR Unsure where to start? Terran Industries can help! Email admin@terranindustries.com.au now #Emissions #ESG #Sustainability #businesstransformation

The climate crisis emphasises the urgency for organisations to reduce carbon emissions and adopt sustainable business practices. Tougher carbon accounting regulations bolster these efforts. Digital Twins could be an answer, helping organisations pinpoint impactful sustainability improvement areas. They model environmental factors and human activities, enabling informed decisions about resource usage, emissions reductions and energy efficiency. Digital Twins aid this process by enabling companies to make well-informed, strategic decisions that prioritise both business and environmental benefits. Read more here: https://lnkd.in/d5AA9XsX #DigitalTwins

The climate crisis emphasises the urgency for organisations to reduce carbon emissions and adopt sustainable business practices. Tougher carbon accounting regulations bolster these efforts. Digital Twins could be an answer, helping organisations pinpoint impactful sustainability improvement areas. They model environmental factors and human activities, enabling informed decisions about resource usage, emissions reductions and energy efficiency. Digital Twins aid this process by enabling companies to make well-informed, strategic decisions that prioritise both business and environmental benefits. Read more here: https://lnkd.in/gAYZ-QEk #DigitalTwins

The climate crisis emphasises the urgency for organisations to reduce carbon emissions and adopt sustainable business practices. Tougher carbon accounting regulations bolster these efforts. Digital Twins could be an answer, helping organisations pinpoint impactful sustainability improvement areas. They model environmental factors and human activities, enabling informed decisions about resource usage, emissions reductions and energy efficiency. Digital Twins aid this process by enabling companies to make well-informed, strategic decisions that prioritise both business and environmental benefits. Read more here: https://lnkd.in/dyQyDq3t #DigitalTwins

According to the latest PWC state of climate tech report Industrials contribute to 34% of GHG emissions but have share only 14% of investment technologies. Use of Digital Twins is an accessible and effective way for all organisations to have a positive impact on reducing GHG emissions.

The climate crisis emphasises the urgency for organisations to reduce carbon emissions and adopt sustainable business practices. Tougher carbon accounting regulations bolster these efforts. Digital Twins could be an answer, helping organisations pinpoint impactful sustainability improvement areas. They model environmental factors and human activities, enabling informed decisions about resource usage, emissions reductions and energy efficiency. Digital Twins aid this process by enabling companies to make well-informed, strategic decisions that prioritise both business and environmental benefits. Read more here: https://lnkd.in/ekxHnpZ8 #DigitalTwins