Working with sustainability is today a given for many small and medium-sized companies. Besides responsible business practices requiring solid sustainability efforts, there are several other major benefits.
For companies aiming to be sustainable and wanting to future-proof their business, climate reporting is an important step. In some cases, it will also become a legal requirement from 2024, according to the new EU directive CSRD.
Establishing a climate policy doesn’t have to be difficult or time-consuming. It can be centered around a few simple guidelines to help employees in their everyday decisions, which ultimately contributes to reduced emissions and higher climate engagement in the team. We have listed some points to consider when developing your climate policy.
The Greenhouse Gas protocol provides the most widely recognised accounting standards for greenhouse gas emissions. It provides a framework for businesses, governments, and other entities to measure and report their greenhouse gas emissions in ways that support their missions and goals.
Climate change is an urgent and global challenge that threatens the future of our society and requires immediate action.
“Climate change is happening now and to all of us. No country or community is immune,” said UN Secretary-General António Guterres. “And, as is always the case, the poor and vulnerable are the first to suffer and the worst hit.”
As a company, it is important to be honest and transparent in communicating your sustainability efforts. When these are communicated in a misleading manner, it is referred to as greenwashing.
The main purpose of a climate project is to ensure that greenhouse gases emitted into the atmosphere are reduced. There are various ways to achieve this, with a market that is continuously evolving with new projects and increasingly better methods for measuring emission reductions.
For us at GoClimate, it is important to maximize the climate benefits of the money contributed to climate projects by our members and corporate customers. We prioritize quality and efficiency when selecting which climate projects to support.
One of the most important actions that we can take for climate action is to vote - Why is that?
Climate financing, or Beyond Value Chain Mitigation, formerly known as carbon offsetting, is an effective way to take responsibility for the emissions we create.
Additionality is the most important criteria for a climate project and addresses the question of whether the climate project would proceed even without money from climate financing. If the assessment determines that the climate project would be built without financial support, then the project does not meet the additionality requirement and cannot become a certified climate project.