Carbon Management: 5 Common Carbon Scenarios – Part 2
As the global economy shifts towards a net-zero future, companies are increasingly focused on having visibility over the uncertainties of a decarbonised landscape.
Scenario planning in the carbon space is essential for anticipating the financial and social impacts of action versus inaction, and the various external factors that may impact upon either of these paths.
This strategic foresight is crucial for shaping the long-term success and resilience of any company operating in today’s climate-conscious world.
Here are 5 common scenarios in the carbon space:
1) Future Emissions Scenarios: Estimating future emissions, based on internal decisions and drivers.
2) Potential Abatement: Estimating potential abatement, as a justification for business improvements and infrastructure spending.
3) Modelling Financial Impact: Modelling cost and revenue impacts based on assumed carbon pricing, changing energy mix and activity etc.
4) Energy Mix: Comparing changes in energy mix, such as reductions in diesel consumption, increases in electricity purchased from the grid etc.
5) Technology Choices: Comparing technology choices such as battery swap out vs. quick charge options for heavy plant.
At Greenbase, we have been leveraging these common scenarios to develop Envago Carbon, a carbon management platform to help companies navigate the complexities of the carbon economy. Our platform provides companies with a comprehensive approach to scenario planning, ensuring that companies are equipped with the right tools to navigate this space.
To learn more about how we can support your company in carbon management, book a free demo with one of our experts today: https://www.greenbase.com.au/envago-carbon
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