Let's tackle
decarbonisation together!
Reducing carbon emissions
Decarbonisation in Europe
Climate change is the most serious and threatening global environmental problem. It is a fact that our modern lives and industrialisation are contributing significantly to climate change through the emission of carbon dioxide and other dangerous greenhouse gases (GHG).
To keep the increase in global temperature below 2°C, compared to pre-industrial levels, the European Council’s objective is to reduce GHG emissions by 80-95% by 2050 as compared to 1990. Taking into account the necessary efforts from developing countries, this should enable a global reduction of 50% in GHG emissions by 2050.
Many governments around the world are expected to follow the trend and enshrine into law a target of net zero carbon emissions. In fact, the EU is now actively working on plans to also go climate-neutral by 2050.
That’s Lit believe that while the groups around the world push government for net zero, the path ahead is not yet completely clear, businesses and households both large and small can start to navigate their own transition to net zero today and reap the benefits immediately.
Environmental awareness is increasing rapidly amongst the public and within the business community. In particular, many large and intensive energy users have seen this shift in opinion, felt the pain with ever-increasing energy prices and have also faced the brunt of many government decarbonisation policies and are therefore placing more emphasis on reducing carbon emissions.
In recent times, large businesses have had to report on GHG emissions through regulations such as the Carbon Reduction Commitment (CRC) in Europe, and the Energy Savings Opportunity Scheme (ESOS).
In australia, more businesses are now required to report carbon emissions.
That's Lit believe that everyone has a role in tackling emissions
Energy and carbon reporting requirements that companies may face – such as mandatory GHG reporting, are all important in the journey to decarbonise our economies and enable governments and stakeholders to see what progress is being made.
That’s Lit believe that every business, no matter how small, has a role to play in tackling emissions from making simple sustainability goals to deploying technology that can cut energy usage and therefore reduce emissions.
We all need to take our share of the load in decarbonisation, even if it is not a legal requirement for your business.
While it’s easy to say this, That’s Lit understands that solutions need to be practical and cost-effective with an attractive payback. Acting today will reward you with cost and carbon savings, as well as other benefits such as reputational uplift which can lead to more customers, attracting ethical investment and more.
