Global changes in economic processes, the redistribution of capital, stricter environmental requirements and increased attention of investors to projects developing in the field of sustainable development are generating a rapid transition of the world economy from a traditional economy to a “green” one. The carbon tax, carbon dividends and quotas introduced in many developed countries encourage companies to take care of the environment, function within the framework of preserving the planet for future generations and accounting for their carbon footprint.
Climate risks affect the investment attractiveness of companies in the regional and international market. Companies are becoming increasingly concerned about the sustainability of their production and its compliance with the implemented environmental standards and requirements for direct and indirect emissions from production and transportation.
The carbon footprint should be compensated after the optimization of greenhouse gas emissions, for the rational use of natural resources and company finances. Compensation of greenhouse gases at the moment looks clearer and simpler. Optimization is a time-consuming process that requires the work of an interdisciplinary team.
Scope 1 – Reduction of direct emissions:
Scope 2 – Reduction of indirect energy emissions:
Scope 3 – Reduction of indirect emissions:
The reduction of greenhouse gas emissions is stimulated by the CBAM mechanism (Carbon Border Adjustment Mechanism) introduced by the European Union. This enhances the presence of such mechanisms on the market as: offsetting – compensation for greenhouse gases, cap and trade system – trading in quotas for greenhouse emissions, voluntary trading in carbon units.