How can I reduce scope 1 emissions?

Learn about opportunities to reduce Scope 1 Emissions

Scope 1 Emissions Reduction Opportunities

What Are Scope 1 Emissions?

Scope 1 emissions are the greenhouse gases your organization directly produces—think emissions from company-owned vehicles, onsite energy production, and industrial processes. Because these emissions are under your control, they’re a key area to target for reduction.

Learn more about Scope 1 emissions in our detailed article here.

Why Reduce Emissions? 📉

Reducing emissions isn’t only about environmental impact. It’s also about saving money, boosting efficiency, and staying ahead of regulations. Start with accurate data collection to understand your current emissions profile, and then identify and prioritize reduction opportunities. Here are some common ways to cut Scope 1 emissions.

Key Scope 1 Reduction Opportunities

1. Energy Efficiency Improvements

Increasing energy efficiency is often the easiest and most cost-effective way to reduce emissions:

  • Upgrade Equipment: Replace outdated machinery with energy-efficient models.
  • Regular Maintenance: Well-maintained equipment runs more efficiently.
  • Energy Management Systems: Use technology to monitor and optimize energy use, especially for complex operations—after all, you can’t manage what you can’t measure!

2. Fuel Switching

Switching to lower-carbon fuels can yield significant reductions:

  • Natural Gas: Emits less GHG than coal or oil; an interim solution for many.
  • Biofuels: Sustainably sourced biofuels can replace fossil fuels.
  • Electric Vehicles (EVs): Transition petrol or diesel vehicles to electric or hybrid options.

3. Onsite Renewable Energy

Generating renewable energy onsite can drastically cut emissions:

  • Solar Panels: Generate electricity with solar power.
  • Wind Turbines: Ideal for suitable locations.
  • Biogas: Capture and use biogas from organic waste.

Onsite renewables can supplement or replace fossil fuel-based energy sources, compounding the impact of fuel-switching efforts.

4. Process Optimization

Optimizing processes can reduce emissions and improve efficiency:

  • Lean Manufacturing: Apply principles to reduce waste.
  • Heat Recovery: Reuse waste heat in industrial processes.
  • Process Modifications: Redesign processes to cut energy use.

Each business will have unique opportunities, informed by its GHG Inventory, which reveals the sources of its Scope 1 emissions.

How to Prioritize Emission Reduction Opportunities

Not all opportunities are equal. Here’s how to prioritize them:

1. Emission Reduction Potential

Focus on opportunities that have the biggest impact on emissions, relative to their cost and feasibility.

2. Cost-Effectiveness

Consider the initial investment, operational costs, and savings. Look for options with a high return on investment.

3. Feasibility and Scalability

Assess the practicality of each initiative, including technical, regulatory, and logistical factors. Prioritize solutions that can scale with your organization’s needs.

4. Alignment with Organizational Goals

Ensure each reduction effort aligns with broader goals, like sustainability targets, financial performance, and social responsibility.

5. Stakeholder Support

Engage employees, customers, investors, and regulators. Projects with strong stakeholder support are more likely to succeed.

Helpful Frameworks for Decision-Making

Once you’ve evaluated opportunities across these dimensions, you can compare them to identify priority actions. Many organizations find frameworks like the Value vs. Effort Matrix helpful: compare the cost and effort of each initiative against its potential carbon reduction value to make informed decisions.

Notion image
 
💡
Check out the Business Case Templates available in the Sumday Academy🎓 for more details on evaluating reduction initiatives and reach out to the Accounting support team at any time for assistance.
 
 
Did this answer your question?
😞
😐
🤩