Revealing leading corporate strategies towards Net Zero by reducing GHG Emissions.

02/07/2024

Climate change crisis is posing a serious threat to the world. It affects the ecosystem, economy and society, so many countries around the world are rushing to fix it. Supporting business sectors and organizations Aiming for the goal “Net Zero Emissions” or “Net zero greenhouse gas emissions” (GHG Emissions) This article will take everyone to delve into the important strategies that leading organizations around the world use to drive the reduction of greenhouse gas emissions. To achieve sustainable goals Net Zero

Strategies for reducing GHG Emissions

1. Set clear and challenging goals.

Leading organizations will set clear, measurable and challenging GHG Emissions reduction targets. Based on scientific principles and the Paris Agreement, for example:

Microsoft aims to be net zero greenhouse gas emissions by 2030 and net negative by 2050.
Google aims to use 100% renewable energy for its data centers and offices worldwide by 2030.

2. Measure and track carbon pollution in detail

Leading organizations regularly measure and monitor their greenhouse gas (GHG) emissions. This information will help organizations identify the sources of their greenhouse gas emissions. and find ways to reduce greenhouse gas emissions effectively

3. Reduce greenhouse gas emissions from within the organization

Leading organizations focus on reducing greenhouse gas emissions from various activities within their organization, such as:

Switch to renewable energy : Organizations are switching to solar, wind, hydro and biomass energy. instead of fossil energy
Increase energy efficiency : Improve various systems. within the organization to reduce energy loss
Reduce travel : Promote working from home. Teleconferencing and using public transportation
Effective waste management : Reduce waste, promote recycling. and put waste to good use

4. Reduce greenhouse gas emissions from the Supply Chain.

Leading organizations are also focusing on reducing greenhouse gas emissions from their supply chains.

Works with Supplier : Encourage suppliers to reduce greenhouse gas emissions.
Choose Supplier Environmentally friendly : Consider energy efficiency and the supplier's environmental policy.

5. Compensate for remaining greenhouse gas emissions.

Some organizations choose to offset their remaining greenhouse gas emissions in a variety of ways, such as:

Reforestation : Forests help absorb carbon dioxide.
Invest in renewable energy projects : Support clean energy production.
Using carbon capture and storage technology. (CCU) : Captures carbon dioxide from factory smokestacks and stores it underground.
Purchase carbon credits : Support projects to reduce greenhouse gas emissions.

6. Communicate and raise awareness

Leading organizations communicate their Net Zero strategies to employees, customers, investors and other stakeholders To create awareness and receive support from all sectors

Examples of leading organizations in Thailand aiming for Net Zero

Many leading organizations in Thailand are focusing on reducing GHG Emissions and working towards Net Zero. For example:

PTT Group aims to achieve net zero greenhouse gas emissions by 2065, focusing on reducing greenhouse gas emissions from petrochemicals, power generation and transportation.
CP aims to reach net zero greenhouse gas emissions by 2050, focusing on reducing emissions from its agricultural, food and retail businesses.
Siam Makro aims to achieve net zero greenhouse gas emissions by 2050, focusing on reducing greenhouse gas emissions from its retail, logistics and food businesses.
Thai Oil aims to reach net zero greenhouse gas emissions by 2050, focusing on reducing greenhouse gas emissions from its oil refining, petrochemical and energy businesses.

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