5 steps to become a carbon neutral company

How to reduce the carbon footprint of Peruvian companies?

More and more Peruvian companies contribute to the fight against global warming by reducing their carbon footprint; explains Marian Buraschi, director of nexos+1. Find out here how to integrate your company into this trend.

“Driven by their convictions and by the emergence of a new, more environmentally responsible consumer, more and more companies are implementing actions to minimize their carbon dioxide emissions,” says Marian Buraschi, director of the platform. nexos+1, which promotes actions to mitigate global warming from the private sector. Below, the expert details the 5 basic steps to be followed by any company aiming to become carbon neutral in the Peruvian market:

  1. Measuring emissions. Measuring the carbon footprint allows companies to know the impact of their operations on global warming. This impact can be direct, through the company's operations, or indirect, through energy consumed or products and services acquired that have generated emissions when produced.
  2. Set an objective and analyze options. The company must set emission reduction commitments aligned with the global goal: a zero-emission world by 2050. Globally, the most effective climate solutions are energy diversification towards renewable sources, electrification of transportation, conservation and regeneration of ecosystems, and transition to a zero-waste circular economy.
  3. Establish a plan and put it into action. It is best to start with those options with high reduction potential and low implementation cost, and then with those that require more investment and structural changes. Short-term options include those that affect internal processes, such as changes in the use of technologies and human behavior, and others with an impact on the value chain, such as working with responsible suppliers. Medium- and long-term options include those with higher costs, such as changes in the energy matrix, or research and development to improve a production process.
  4. Report and verify. It is now common practice for many companies to disclose their sustainability impacts and actions through annual reports. One way to give greater credibility to this is to perform a verification through a qualified external auditor. This process can be performed under the ISO 14064 group of standards.
  5. Compensate. Finally, the committed company must compensate for the carbon dioxide emissions that cannot be reduced through management and innovation. To this end, carbon credits or bonds are acquired through regulated markets, used by companies and governments that by law have an established emissions limit; and voluntary markets, where supply and demand is varied.

It should be noted that the executive meeting will be held on November 21, 2010. nexos+1, The Minister of the Environment, Fabiola Muñoz, will present the free Carbon Footprint Peru tool, which will help companies to measure their carbon dioxide emissions. In addition, various national and international specialists will share their experiences in the implementation of sustainability strategies.

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