BESA Group’s Post

In a world striving towards sustainability, understanding carbon offsets is crucial for businesses and individuals alike. Net0's linked article explains how carbon offsets work, their role in mitigating climate change, and practical steps for incorporating them into your sustainability strategy. Whether you're a seasoned environmental advocate or just beginning your green journey, this article is a valuable resource. Follow us for more info & visit www.co2bank.asia today and be part of the change! *Credit NET0 #Net0 #CarbonBank #CarbonOffsetting #EnvironmentalImpact #Sustainability Click the link below to read the full article: https://lnkd.in/gPd6TTkG

#Business News! 2 in 3 Brits confused by net zero jargon, says new report Major new research, commissioned by Cadent Gas Limited and released during Net Zero Week 2024, found cost remains the most important factor when it comes to making sustainable choices, with 64 per cent of UK households saying they will only make changes if it saves money. But it also highlights a deeper resistance to making high-impact changes, which could affect the UK’s ability to meet its climate change commitments. While the UK scores higher than its neighbours when it comes to net zero awareness, the British public are 18 per cent less likely to switch to energy-efficient appliances than their European counterparts. Click here to read more -> https://bit.ly/3Tdw4BS -> Mark Belmega -> #NetZero #Report #UKNewsGroup #WestMidlands

One year on we need mechanisms such as the UK's Net Zero Council (NZC) to truly accelerate the transition to a #lowcarbon nation. Celebrating its one year anniversary the NZC is a partnership between government, business and finance, providing cross-cutting strategy across major business sectors to deliver the UK's net zero target. "Co-chaired by Energy Security and Net Zero Minister Justin Tomlinson and the Co-operative Group Chief Executive Shirine Khoury-Haq, the NZC aims to help grow the economy by driving forward greener practices while ensuring British businesses can benefit from the UK’s world-leading clean energy transition" (Source: GOV.UK). The council has a mandate to keep the nations economy decarbonising and boost the use of tools such as the UK Business Climate Hub (a free tool to help businesses measure and reduce their emissions). To read more about the council and the projects underway check out the article here https://lnkd.in/dtsZuF_8.

AUSTRALIA’S “ME-TOO” NET ZERO FOLLY. BOWEN, ARE YOU LISTENING? To keep the lights on, the cars, trucks, ‘planes and trains and virtually everything else running, and to heat our houses and offices, we will simply not be able to get anywhere near Net Zero by 2030 or even 2050 -these are numbers simply plucked out of a hat. An Energy rich nation; perversely we already have some of the highest electricity prices in the world, and hence we cannot be competitive in heavy manufacturing and much else. So the much-vaunted green economy will in practice mean a Herculean task of consulting, implementation and construction work. to transform the entire country. Is this level of disruption and economic pain of which the real cost has not been published, worth the modest pleasure of signalling that we support Net Zero? No. Perhaps we should stop signalling, and ensure that when and indeed if, the world actually de-carbonises then we do so as well. If our emissions are 1 per cent or less why don’t we say that we will stay in “Carbon Lockstep” with the world rather than Net Zero, and commit to never being more than 1 per cent (or less) of global emissions? This is a realism rather than the fantasies being promulgated by Chris Bowen. We should either stop or at the very least scale back this enormous, expensive and uncertain project which is also destroying the landscape, and concentrate on improving the lives of our citizens with increased productivity; investment in industries and sectors where we have a competitive advantage; improving all our services medical, power etc... and generally making a better quality of life. – all of which this current Albanese ‘pledged’, along with the promise of more open government – neither of which have happened. But of course, this does not fit with the (over-subsidized ) Mantra of our hilariously named ‘Energy Czar’ or with prevailing dogma, so we will continue to beggar ourselves on the ‘Labor’ (sic) Altar of Ideology. Albanese, Bowen and the government should remember that Ideology is not in any way, a substitute for Reality and that the Taxpayers pockets are not bottomless and our tolerance not endless.

Still caught-up on "the cost of Net Zero" ? There's at least be 164 billion reasons to reconsider, no really. Some great insight from Josh Gabbatiss in Carbon Brief earlier this week highlighting the massive misnomer that is “the cost of #NetZero”. New research published in Journal of Environmental Studies & Sciences (JESS) estimates that at least £164bn worth of benefits could be generated for 6 major UK cities if current targets for 2037 are kept to. The urban centres, Glasgow, Belfast, Cambridgeshire and Peterborough, Greater Manchester and Liverpool are collectively home to 13% of the UK's total population. The report details 750 measures to curb emissions and that “Cutting emissions from buildings and transport across the UK could yield billions of pounds in economic “co-benefits”, leaving people healthier and better off” as well as that in these regions an investment of £14.5bn could yield returns of up to £23.2bn when factoring in co-benefits. Grantham Research Institute on Climate Change & the Environment communication and policy director, Bob Ward, urges understanding that these co-benefits are not “coincidental” and are in-fact fundamental benefits of a #NetZeroTransition, saying “It is far more accurate to talk about the multiple benefits of smart policies that address the great environmental crises, and these should be central to any cost-benefit analysis.” It's hardly novel news for many, not to mention that beyond beating back terrible rising temperatures and tides the UK has a legal imperative to cut it's emissions but what do you make of the newest study? Is there anything further you think should be taken into account and has your business set a roadmap for it's #NetZeroJourney? Why not say hello? Let us know your thoughts below and find the full article here: https://lnkd.in/ez4Z4xtc Not sure how to start driving your organisations #Decarbonisation or how to slash your #Scope3Emissions? Talk to us @GreenBridge Associates! Our expert consultation and cutting-edge #CarbonAccounting technology can help build your businesses #SustainableSupplyChain, connecting you to your net zero goals meaningfully. #ClimateChange #ClimateAction #ClimateResponsibility #Renewables #ESG #SupplyChain Ruaidhri Higgins-Lavery Edinburgh Climate Change Institute Sam Fankhauser University of Oxford Department for Energy Security and Net Zero Scottish Business Network

"The Carbon Credit Conundrum: Unlocking the Secrets of Sustainable Savings" As the world grapples with the challenges of climate change, a peculiar concept has emerged: carbon credits. But what exactly are these elusive credits, and how do they help reduce our carbon footprint? Carbon credits represent the right to emit a certain amount of greenhouse gases (GHGs), typically carbon dioxide (CO2). They're like pollution permits, but with a twist, each credit represents one ton of CO2 equivalent (tCO2e) reduced or removed from the atmosphere. The international carbon credit system is overseen by the United Nations Framework Convention on Climate Change (UNFCCC). The UNFCCC sets standards and guidelines for carbon credit generation, verification, and trading. Carbon credits can be used in two ways: - Compliance: Companies or countries can purchase carbon credits to offset their GHG emissions, meeting regulatory requirements or voluntary reduction targets. - Voluntary: Individuals or organizations can buy carbon credits to compensate for their own emissions, supporting projects that reduce GHGs. Claiming carbon credits involves a few steps: - Project Development: Develop a project that reduces GHG emissions, such as renewable energy, energy efficiency, or reforestation. - Verification: Get your project verified by a third-party auditor, ensuring it meets UNFCCC standards. - Registration: Register your project with a recognized carbon credit registry. - Monitoring: Continuously monitor and report your project's emissions reductions. - Issuance: Receive carbon credits equivalent to your project's emissions reductions. Carbon credits offer a creative solution to reduce GHG emissions, promoting sustainable development and climate action. By understanding how carbon credits work and how to claim them, we can all contribute to a cleaner, greener future. So, go ahead, unlock the secrets of carbon credits, and join the sustainable savings revolution. #sustainablefuture #carboncredits

“This is a major step in the right direction for the UK’s journey towards net zero” -our CEO Rachel Delacour in The Guardian this week on sustainability announcements in the Kings Speech, inc. the creation of Great British Energy ⚡ “All organisations need to tackle their greenhouse gas emissions, and governments creating the conditions for them to access cleaner energy is a key part of the puzzle. However, it is crucial that the government put the appropriate structures in place around a project of this size. This means monitoring it through stringent data collection processes, understanding the impact Great British Energy will have on the environment itself, and providing its users – especially businesses – with the detailed insights needed to reduce carbon emissions. It is only through taking such measures that Great British Energy can truly monitor its impact across the UK and support UK businesses to meet science-based climate targets.” 👑 We have combed through the Kings Speech - which lays out the intended legislative programme of the new UK government under PM Keir Starmer for the next year - to find out what it means for sustainability, and what it means for you. 👇 Click the link in the comments to read the full article 👇 :

🌍 Canada’s Climate Goal: A Step Forward, A Call for Action 🌱 Canada’s announcement of a new goal to reduce greenhouse gas (GHG) emissions by 45–50% by 2035 underscores the global momentum toward a more sustainable future. While some have pointed out the challenges of achieving this ambitious target, it’s a clear signal that businesses worldwide need to align with the evolving landscape of climate commitments and regulations. This is a moment of opportunity—and responsibility. Targets like these aren’t just milestones for governments; they’re calls to action for corporations to strengthen their sustainability strategies, ensure compliance, and seize competitive advantages in the green economy. For companies in Ireland, the urgency is just as real. The Corporate Sustainability Reporting Directive (CSRD) makes sustainability reporting mandatory by 2025. That means it’s time to prepare today to meet tomorrow’s requirements. With frameworks like CSRD aligning corporate action with broader climate goals, businesses have a chance to lead by example while creating long-term value for their stakeholders. At EcoVerify, we specialise in validating and verifying your sustainability claims, together with providing high level sustainability training via our Academy of Sustainability — essential for any company looking not only to achieve compliance but also embed sustainability into your operations for lasting impact. ✅ Don’t wait to get started. Reach out to our team today to explore how we can help your organisation prepare for 2025 and beyond. Together, we can transform sustainability challenges into opportunities for innovation, growth, and leadership. https://lnkd.in/ePkHDu5V #Sustainability #CSRD #ClimateAction #CorporateLeadership #EcoVerify

The world of carbon markets is not black and white. Voluntary offsets are important to counter emissions of hard-to-abate sectors and are immediately viable for industries whose supply chains are still innovating climate-friendly solutions. However, insets aka internal emissions reductions should be the first approach and quality offsets should be the last approach to achieving net zero business models. I enjoyed connecting with Tom Buchanan at Climeworks and learning about their approach to working with organizations to offset only the last 10% of emissions that cannot, at this time, be mitigated through insets and supply chain innovation. What are your thoughts on carbon credits?

Paul Rekhi, Head of Carbon Services at Advantage Utilities Ltd., shared insight into the inseparable link between carbon reporting and progress to net zero in the London Daily News. With climate change being one of the threats businesses face over the next few years, carbon reporting is crucial for ensuring their operations are net-zero by 2050. Through a six-stage process, businesses can ensure all relevant data is captured, analysed and aligned to the relevant scope (1, 2 or 3), that data gaps are fully identified with a data improvement plan and that ongoing measurement, tracking and reporting processes are embedded into the process. Read Paul Rekhi’s article to learn more about the six-stage process to achieving net zero through carbon reporting in London Daily News. https://lnkd.in/dZ7V8bPU #carbonreporting #netzero #carbonneutral #compliance #energymanagement #carboncredits #sustainability #roadtonetzero