Climate change and environmental issues have taken center stage, and the number of companies taking significant steps to reduce their carbon footprint continues to grow.
Measuring and understanding an organization’s carbon footprint is the first step in creating a carbon-reduction strategy. Businesses looking to track their emissions are doing so by following a GHG Reporting Protocol that divides emissions into three scopes.
• Scope 1. Direct from sources owned or controlled by a company.
• Scope 2. Indirect Emissions – from purchased electricity.
• Scope 3. All other emissions associated with a company’s activities.
One of the major contributors to greenhouse gas emissions (GHG) is the burning of fossil fuels for heat or energy by industrial and commercial end-use companies. These emissions created by customers as part of their companies’ on-site activities are categorized as Scope 1 Emissions.
Another huge generator of GHG emissions is electricity production. The GHG present in the electricity purchased from the grid comprises a companies’ Scope 2 Emissions.
Depending on your strategy and objectives, it is important to leverage the right tools for the job. Beyond actual emission reductions in your processes, there are a plethora of renewable energy solutions available. However, determining the right strategy for your operations can be complicated.
Twin Eagle offers a range of environmental products, including Carbon Offsets, Renewable Natural Gas, and Renewable Energy Credits, to help you reach your ESG (Environmental, Social and Governance) targets.
Carbon Offsets. Carbon Offsets are a vital tool to help you reach your ESG targets that make environmental and economic sense for emissions that are more difficult to reduce.
Carbon Offsets are certificates representing the reduction or capture of one metric ton (2,205 lbs) of carbon dioxide (CO2) or its equivalent in other greenhouse gases. Projects that reduce or capture greenhouse gas (GHG) emissions create and sell offsets which help to fund the project. These offsets, or reductions in carbon, can then be used to net against your organization’s total emissions, ultimately reducing your total carbon footprint.
Twin Eagle sources its offsets from projects located in North America from various project technology types that are tracked in well-established Voluntary Market Registries such as:
• Verified Carbon Standard Registry.
• Climate Action Reserve.
• American Carbon Registry.
Renewable Natural Gas (RNG). Renewable Natural Gas is a pipeline-compatible gaseous fuel derived from biogenic or other renewable sources. RNG offers a reduced or carbon-neutral fuel option for organizations with significant natural gas consumption for on-site equipment and is an ideal emissions reduction option for large corporations, higher education, and the transportation sector. RNG is the only way for companies to eliminate their Scope 1 emissions.
Twin Eagle will work with you to source clean Renewable Natural Gas for all or a portion of your supply. Twin Eagle RNG products will be sourced from facilities located in the U.S. or Canada.
Renewable Energy Credits (RECs). A Renewable energy credit (REC) represents the positive environmental attributes of one megawatt-hour (MWh) of electricity generated from a renewable electricity resource. Purchasing RECs supports new renewable electricity generation facilities, like solar, wind, geothermal, and biomass. RECs from Low- or zero-emissions resources can be used to reduce the emissions associated with your electricity use.
RECs are a flexible and inexpensive tool to lower Scope 2 emissions associated with purchased electricity.
Twin Eagle RECs will be sourced from North American wind farms and retired on your behalf in an online tracking system of our choice.
Twin Eagle offers customized renewable energy solutions that you can trust to help you achieve your sustainability goals.
Twin Eagle Environmental Solutions, www.twineagle.com