You've probably heard about the environmental trend of companies reducing their carbon footprint. What is it and why is it important to everyone? Let's figure it out.
A carbon footprint is the sum of all greenhouse gas emissions produced directly or indirectly by a person, organization, product, city or government. It is measured in metric tons of carbon dioxide (CO2). Greenhouse gases are the main cause of global climate change. Carbon footprint is part of the global ecological footprint. Human activity has already led to an increase in the temperature of the Earth, as a result of which the weather has become changeable, droughts, floods, and fires have become more frequent. With climate change and increasing weather instability ranked ninth on the list of top business risks, business analysts say it is in companies' interests to reduce their impact on the climate.
A company's carbon footprint is usually divided into three main groups:
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direct emissions from own factories, offices and vehicles.
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emissions from electricity use, heating and cooling.
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all other indirect emissions from supply chains and the life cycle of products manufactured by the company.