Making, Measuring, and Meeting Environmental Goals
Increased pressure from governments, investors, and consumers to lower or eliminate carbon emissions means companies are taking sustainability seriously.
The ResourceWise Approach
We take a comprehensive approach to reducing carbon emissions, leveraging our extensive data and expertise in the forest products, petrochemicals, biochemicals, and biofuels and feedstocks industries. Our data allows measurement of environmental outcomes like carbon emission reductions and increased use of renewable and recycled feedstocks. These measurements demonstrate that a company is committed to making change.
First, we ensure the viability of the industries and companies we work with. We believe commercial viability is a prerequisite to obtaining a low-carbon future.
Identify Effective Pathways
Next, we help companies identify the most effective pathways to participate in a low-carbon, circular economy while maintaining or improving viability.
Sustainable forests are the foundation of all activity in the forest products value chain.
To remain viable, the industry plants more trees than it harvests. Transportation from the forest to the manufacturing facility is energy-intensive. We help companies optimize their supply chains to reduce carbon emissions.
MANUFACTURING PROCESSES IN THE FOREST PRODUCTS INDUSTRY ARE ENERGY INTENSIVE.
Environmental benchmarks like energy usage, carbon emissions, and water usage are vital for understanding a company's starting point and mapping a more environmentally friendly path forward.
These benchmarks can also be used by consumer-packaged goods (CPG) brands to identify the most environmentally responsible suppliers in the pulp and paper supply chain, including the use of recycled material for furnishing and substituting paper for plastic packaging.
Wood pellets and torrefied black pellets for biopower production are now an established and profitable use of wood as a replacement for coal worldwide.
Pulp and paper manufacturers produce byproducts, like crude tall oil and lignin, that can be used as fuel in the mill or sold as feedstocks to produce biofuels such as sustainable aviation fuel. Wood waste and chips can also be used as biofuel feedstocks.
In recent trends in carbon-intensive industries, like pulp and paper, energy companies are buying carbon emissions from high-carbon industries and sequestering it in spent oil fields or . With the availability of tax incentives, this practice is expected to accelerate further.
The resulting mandates and incentives differ from country to country and even state by state in the US. Having a single repository of all requirements is essential for those looking to enter the market or stay updated on changes.
BIOFUEL USE IS A CRUCIAL PATHWAY TO DECARBONIZATION.
The scope of their application is extensive, touching every industry and business.
Biofuels are starting to replace petroleum-based fuels in the manufacturing and transportation sectors as part of their decarbonization plans. From electric vehicle fleets and public transportation to sustainable aviation fuel, these numbers will only grow as development continues.
Renewable feedstocks for biofuels are evolving, becoming more sustainable with lower carbon intensity and better cost efficiency. The effectiveness of biofuels in decarbonization is only as good as the quality of the feedstock the fuel is made from.
For feedstock suppliers, producers, or end users of current or next-generation biofuels, the ability to measure carbon mitigation is essential for demonstrating that their positive effects on climate are meaningful. The next generation of carbon mitigation will lean toward making change. Biofuels are poised to play a significant role in lowering global carbon emissions.
Our data and experience enable sustainability measurements.
Our data and experience in petrochemicals serves as the baseline so that progress toward sustainability can be measured.
Companies are seeking to understand chemical profiles so they can choose biobased solutions—whether from a recycled or renewable feedstock—that are equivalent in quality and price. These companies need to know if they will be competitive in legacy markets.
Producers of biobased chemicals also need to understand the market, including its size, price dynamics, costs and margins, competitors, and buyers.
Those looking to enter the market have educational needs, insight into new technologies, innovators, suitable feedstocks, and competitive strategies.