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How Can Companies Make Their Own Carbon Neutral Plans|Industry Insights|Leverage

How Can Companies Make Their Own Carbon Neutral Plans

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How can companies make their own carbon neutral plans?

To achieve carbon neutrality, enterprises must first implement energy-saving and emission reduction strategies to effectively control carbon emissions, such as upgrading process equipment, CCUS carbon capture, etc.; second, neutralize unavoidable emissions through carbon offsets to achieve carbon neutrality And, such as allotment of carbon credits, planting trees, etc.

Of course, in order to do the above content well, careful planning in the early stage is indispensable. So how can companies make their own carbon neutral plans?

1、Accounting for carbon emissions

When an enterprise wants to improve its own carbon emission system, it must first find out what its emission is, and formulate targeted measures according to the emission.

Enterprises should determine the accounting boundary and accounting method of greenhouse gas emissions in accordance with the relevant guidelines for greenhouse gas emission accounting and reporting issued by the state or local governments, and should give priority to local emission factors and prepare greenhouse gas emission reports.

The GHG emissions report should at least include the GHG emissions accounting boundary and scope, the type and number of emission sources, and the time period covered.

Greenhouse gas emission accounting and reporting guidelines adopted:

① Relevant standards for carbon dioxide accounting and reporting requirements in the project location;

② Greenhouse gas accounting methods and reporting guidelines for industrial enterprises issued by the state;

③Internationally recognized or general relevant greenhouse gas quantification standards.

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2、Achieving carbon neutrality

How to determine if a company has achieved its carbon neutrality target for the year? Annual carbon neutrality can be determined when the annual greenhouse gas emissions within the corporate accounting boundary are less than or equal to the amount of carbon allowances, carbon credits or/and carbon sinks used for offsetting. Conversely, annual carbon neutrality cannot be determined.

3、How can companies reduce emissions

Greenhouse Gas Reduction Measures:

①The emission reduction strategy of enterprises taking energy-saving measures:

a) Technical plan and quantity of energy-saving measures; improve production process, improve overall efficiency of equipment, take power-saving management measures, fuel-saving measures, improve boiler room system, fuel-saving management measures, plan and pre-statistical year to save water, electricity, and coal , fuel-saving indicators;

b) the time and scope of implementation;

c) required funds and sources;

d) Achieve reduced greenhouse gas emissions.

②Emission reduction strategies for enterprises to improve the replacement rate of renewable energy and the replacement of carbon-containing raw materials:

a) the type and quantity of renewable energy and alternative raw materials;

b) the time and scope of the replacement;

c) required funds and sources;

d) Achieve reduced greenhouse gas emissions.

Although carbon allowances can be purchased additionally, it cannot be understood as unlimited purchases. For projects with "high energy consumption and high emissions", the country has explicitly restricted the launch of the project, and it needs its own hard work to strike iron, with the support of a strong technical nuclear management system. Achieve carbon neutrality for a long time and win the future.

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Leverage Limited

As a responsible third-party supply chain management company, Leverage is the certification body of China National Certification and Accreditation Administration (CNCA-R-2020-707), the China National Accreditation Service for Conformity Assessment Inspection and Appraisal Agency (CNAS IB0605), LCA Whole Life He is a professional committee member of cycle green management, and is also recognized by many international organizations, such as UNGC, UNEP, AWS, ILO, etc.

Leverage actively advocates a green and low-carbon way of life and operation, and strives to achieve the company's sustainable development goals as soon as possible. We provide customers with related services, such as ESG strategy consulting and report preparation, ESG rating improvement, green supply chain review, organizational carbon verification, carbon neutrality roadmap customization, and carbon disclosure counseling, etc., hoping to help customers reduce carbon emissions and achieve carbon neutrality and target.

If you want to know more information, please contact us:

■ Shanghai :
Leverage Limited (Shanghai) Co., Ltd.
Address: Room 402, No 2. Building, No .1328, Hengnan Rd, Shanghai, China
Phone: + 86 21 64067720
Email: cs@leveragelimited.com

■ Hongkong :
Leverage Global Limited
Address: Room 1318-19, Hollywood Plaza, 610 Nathan Road, Mongkok, Kowloon, Hong Kong

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