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• W2209833122 abstract "Most human activities including those associated with the production processes, transportation, and disposal services require use of energy. Accordingly, every product or service that humans consume directly or indirectly creates either CO2 or other greenhouse gas (GHG) emissions that is commonly defined as The need and the urgency for designing voluntary and regulatory programs that can assist organizations with managing their carbon footprints have been proposed and approached to for decades. The implementation of such programs, however, has become even more evident and critical today as we are experiencing the change in the pattern of the local, regional, and global climate and resulting economic, environmental and social risks those impose. This paper reviews voluntary and regulatory carbon management programs, presents the results obtained from analysing a set of successful carbon management strategies while highlighting their commonalities and critical components, and proposes a proactive, step-by-step approach to manage organizations' carbon footprints. This is an attempt to assist organizations with designing strategies that could assist them with both discovering the opportunities and managing the risks climate change poses. Carbon management strategies, as presented in this paper, are those concerned with the assessment and management of organizations GHG emissions, in other word their The term describes the total amount of CO2 and other GHG emissions (measured in CO2 equivalent) for which an individual or organization is responsible for. The full footprint encompasses a wide range of emission sources from direct use of fuels to indirect emissions that can be attributed to an organization's disposition and practice. An accurate estimation of the carbon footprint, however, is not easy and requires development of a well-structured strategy that among others should include a detailed emission assessment methodology (i.e. effective data collection method, proper selection of boundaries and scope of emission management, use of proper data analysis methods and disclosure of the results) and reduction strategies. To date most acceptable approaches to estimate and manage organizations' carbon footprints have been involved with design of strategies based on aggressive energy audit and energy management programs. While focusing on closed loop systems, efforts have been directed toward developing strategies that can meet organizations sustainable development goals and objectives, and as such, expanding operations and profitability while reducing GHG emissions from the direct and indirect sources. The challenge, however, has been how to maintain profitability and competitive advantage when implementing sustainability oriented strategies that include organizational policies and procedures that require reducing organizations carbon footprint and other environmental and social impacts resulting from economic development activities. Improving competitiveness and profitability while meeting the core components of sustainability requires diagnosis of the needs and identification of profitable eco-efficiency projects that can also assist in identifying improved technical, economic and environmental performance. Among many approaches, the most significant steps toward sustainability have been identified to be quantification and reduction of GHG emissions and the resulting carbon footprint. As such, many organizations have attempted to, at a minimum, focus on the identification, quantification, reduction, and preparation of emission monitoring and management reports for validating their GHG emission reduction capabilities." @default.
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• W2209833122 date "2013-01-01" @default.
• W2209833122 modified "2023-09-24" @default.
• W2209833122 title "Carbon Management: Voluntary Programs, Regulations, and Corporate Strategies" @default.
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