{"id":4037,"date":"2024-04-08T14:40:06","date_gmt":"2024-04-08T14:40:06","guid":{"rendered":"https:\/\/verso.de\/blog\/5-advantages-of-a-decarbonization-strategy-why-it-is-important-for-companies\/"},"modified":"2024-08-09T08:57:09","modified_gmt":"2024-08-09T08:57:09","slug":"5-advantages-of-a-decarbonization-strategy-why-it-is-important-for-companies","status":"publish","type":"post","link":"https:\/\/verso.de\/en\/blog\/5-advantages-of-a-decarbonization-strategy-why-it-is-important-for-companies\/","title":{"rendered":"5 advantages of a decarbonization strategy: Why it is important for companies"},"content":{"rendered":"\t
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08.04.2024<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t

5 advantages of a decarbonization strategy: Why it is important for companies<\/h1>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t

\n\t\t\t\t\t\t\t\tCarbon footprint, climate targets, net zero: behind all these terms lies the decarbonization strategy or the climate strategy of companies.\nThe holistic development of such a strategy has many advantages.\nYou can read about the opportunities behind it here. \t\t\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\t\t\t<\/div>\n\t\t<\/div>\n\t<\/section>\n\t\n\t

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Despite the Paris Climate Agreement, the Green Deal and national laws: The amount of greenhouse gases (GHG)<\/strong> in the atmosphere continues to rise.
\nAnd industry<\/strong> is the second largest contributor to these emissions after the energy sector.
\nAs a result, the pressure on companies to focus on their environmental performance, invest in climate protection and reduce their GHG emissions continues to grow.
\nYou may already be facing requirements such as carbon footprinting<\/strong>, meeting climate targets or, more recently, a climate transition plan<\/strong> required by the CSRD.
\nAll of these topics are part of the holistic climate strategy that we are talking about here. <\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t<\/section>\n\n\t\n\t

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What is a decarbonization strategy?<\/h2>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

A decarbonization strategy<\/a> can be thought of as a cycle<\/strong>: It comprises six steps that you go through in sequence.
\nAfter the sixth step, you start again at number one.
\nWith each step, you look at your challenges in more detail and continue to optimize your processes.
\nYou can manage your goals<\/strong>, adapt measures<\/strong>, reduce<\/strong> emissions further and further – and get closer and closer to your Net Zero<\/strong> goal.
\nThese are the 6 steps of the decarbonization strategy<\/strong>: <\/p>\n

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  1. Development and recognition of challenges<\/li>\n
  2. Preparation of a greenhouse gas balance sheet to determine the status quo<\/li>\n
  3. Definition of measurable climate targets and measures<\/li>\n
  4. Reducing GHG emissions as far as possible<\/li>\n
  5. Offsetting residual emissions through certified projects from e.g. Climate Grid<\/a><\/li>\n
  6. Transparent communication of successes and potential for improvement<\/li>\n<\/ol>\n

    Before you go through the process for the first time, we recommend that you introduce a data and process management tool<\/strong> such as VERSO’s Climate Hub<\/a> into your company.
    \nImportant for the decarbonization plan: The software should not only cover the calculation of the carbon footprint, but also enable proper climate management<\/strong> including KPI tracking, target tracking, creation of measures as well as internal and external collaboration options. <\/p>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t<\/section>\n\n\t\n\t

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    The 5 advantages of a decarbonization strategy<\/h2>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t

    In 2023, the opinion research institute Forsa<\/a> asked German SMEs that will fall under the new CSRD about their status quo with regard to sustainability and climate reporting: 52% are currently working on a climate strategy<\/strong>, 40% have already formulated a concrete strategy and 9% do not yet see a need for one.
    \nWe have here Five advantages<\/strong> that a climate strategy entails for your company:  <\/p>\n

    1. be prepared for regulatory pressure<\/h3>\n

    In Germany and the EU, the laws resulting from the European Green Deal<\/strong> in particular are calling on companies to decarbonize and operate in a more environmentally conscious manner.
    \nExamples of legal requirements: <\/p>\n