A net zero world is a world in balance. Achieving net zero on a global level means emitting no more greenhouse gases than we are able to remove, either by natural means or through technological solutions. Right now, we are way out of that balance.

The world is in a climate crisis. The amount of greenhouse gas in the atmosphere is the most urgent issue facing humanity today, and the time to act boldly is now. The consequences of global temperatures rising more than 1.5°C are extreme and far-reaching for nature, humans, businesses, and our collective future. Scientists agree that we must reduce emissions by 50% globally by 2030 and achieve net zero emissions by mid-century to limit global warming to 1.5°C.

At Green Thread Consultancy, we believe a company reaches net zero when it …

Commits publicly to the shared, global goal of achieving a just and equitable transition to net zero, in line with a 1.5°C future.

Prioritizes reducing emissions as quickly as possible and aligns its own full value chain (Scope 1, 2, and 3) to the global trajectory of ~50% emissions reductions by 2030 and near-zero emissions (>90%) before 2050.

Offset any remaining emissions by purchasing renewable energy and carbon credits of high credibility, impact, and co-benefits. For the long term, it relies solely on removal credits, but for the short term, it can use a combination of avoidance and removal credits.

Carbon accounting is the process of calculating a company’s overall greenhouse gas emissions. Companies should calculate an initial emission benchmark and track reduction efforts across time (for example, annually).

For most organizations, calculating carbon emissions is just the first step. Since most corporate GHG emissions are closely linked with energy use, calculating GHG emissions can help identify ways to reduce energy use, which also reduces costs.

There is a multistep process used to calculate GHG emissions. First, set organisational and operational boundaries. After which, collect data on electricity, fuels, and other business activities that lead to emissions. Review this data for accuracy, completeness, and assumptions used. Next, apply relevant emission factors, which represent GHG emissions per unit of activity. Finally, share your emissions footprint with stakeholders, develop an action plan, and add third-party verification to ensure accuracy.

Identifying the assets that contribute the most carbon can help a company focus its reduction efforts, reach its goals faster, and communicate results to key stakeholders.

We provide sustainability advisory and software designed to help organisations manage their environmental footprint and track their progress to net zero. We can help tracks Scope 1, Scope 2, and the majority of Scope 3 emissions. Companies get a single source of truth for their carbon emissions. They can analyse individual assets and understand impact across location and time. We can also help produce useful reports and executive-ready visualisations in a few clicks, allowing you to easily track and manage emissions.

Yes. We help you to measure Scope 3 emissions with dedicated software for granular management of environmentally extended input-output (EEIO) data and all of your procurement data for effective accounting of emissions from upstream and downstream processes. Monitor all Scope 3 emissions, including those generated by travel, your supplier ecosystem, and your procurement value chain. Get insights into supplier processes that have a significant impact on total carbon emissions.