More companies are adopting sustainability initiatives to help identify areas in their organization where they can reap savings that also help improve the environment.
This is because sustainability has become a way for companies to understand the business practices that reduce waste, which impacts the bottom line and their environmental footprint.
Companies are also finding that a sustainability program is a great way to communicate how they are being a good corporate and community citizen. Looking at a company’s carbon footprint can be one of the most common places to start.
Carbon dioxide is considered a greenhouse gas (GHG) emission and comes from energy use. By reducing GHG emissions, contaminants that can affect global warming and other air pollutants are reduced. In addition, through understanding and reducing GHG emissions, a company is also reducing their energy use and, therefore, their energy costs.
When analyzing GHG emissions, there are 3 areas for a company to consider:
Scope 1 - All direct GHG emissions.
Scope 2 - Indirect GHG emissions.
Scope 3 - Other indirect emissions.