The pursuit of decarbonization has swiftly transformed from a back-burner concern to a paramount global priority. New regulations and agendas, on both a corporate and government level, reflect the global recognition of the need to address climate change.
This shift is driven by the realization that the choices we make today will reverberate across generations, highlighting the inextricable link between decarbonization efforts and the sustainability of our planet. We are seeing an ever-growing, tangible pathway towards a more secure and greener future.
Let’s take a look at what’s in place and the impact it will have on decision-makers.
For pulp and paper producers, tracking greenhouse gas emissions is of the utmost importance. As discussed, we are in an era where environmental consciousness and sustainability are at the forefront of global concerns.
Producing pulp and paper involves energy-intensive processes. Between pulp extraction, chemical treatments, and drying, a significant portion of the steps involved contribute to significant carbon emissions.
As the world strives to mitigate climate change and transition to a low-carbon economy, diligent GHG emission tracking in the pulp and paper industry is crucial. By tracking these emissions, producers gain insight into the specific stages and processes that contribute most to their carbon output.
Without this sort of information, there’s no way to identify areas where improvements can be made. Efforts like optimized energy efficiency and cleaner production methods will enhance the environmental performance of the industry as a whole. These steps also position producers as responsible stewards of the planet. Taking the lead in such matters will bolster public perception, reputation, and market competitiveness.
Additionally, producers within the pulp and paper industry need to acquire accurate GHG tracking to make sure they are aligned with regulatory requirements and international commitments. With a growing number of regions establishing emission reduction targets in line with global agreements, failure to do so could result in penalties, reputational damage, and hindered access to markets that prioritize sustainable practices.
But how can producers achieve this?
The pulp and paper industry's adherence to GHG emission tracking is pivotal in addressing climate change and complying with regulations. By adopting comprehensive tracking methodologies, producers can minimize their carbon footprint and play an active role in the global pursuit of a more sustainable future.
FisherSolve’s Carbon Module provides players in the pulp and paper industry the exact starting point they need to formulate a plan regarding decarbonization. With information on carbon emissions of various scopes, all the way from cradle to destination, users can measure and benchmark the carbon footprint of all its mills in comparison to its competitors.
Unlike many other carbon benchmarking modules, with FisherSolve, you can compare Scope 1, 2, and 3 emissions and analyze a breakdown of your emissions spent by carbon class as well.
ESG Was Important Long Before It Became a Buzzword
Once you have determined your position and identified the areas of your business that require attention, insights from our Prima CarbonZero platform can be utilized to gain a deeper understanding of the cost of low-carbon inputs necessary for decarbonizing your business operations.
Prima CarbonZero specializes in pricing carbon and low-carbon fuel markets, offering invaluable knowledge for grasping the green carbon value proposition of pulp and paper mills. Furthermore, the platform provides mills with a comprehensive understanding of the potential value and opportunities in their green carbon product streams. Mills should leverage Prima's expertise to explore how these residual streams can be transformed into future fuels and maximize returns as policies drive the demand for low-carbon fuels into high gear.
Mapping a Path to Decarbonization: A Comprehensive Business Planning Guide