For A Brighter Future

It’s Earth Day!

Most financial institutions are now committed to ensuring that they do not directly or indirectly finance activities that will have a negative impact on the environment. 

What does net carbon zero actually mean?

As part of the Paris Agreement the UK has committed to being net carbon zero by 2050.

Countries must bring carbon dioxide emissions to net zero by 2050 to keep global warming to within 1.5 °C of pre-industrial levels.

To turn this vision into reality, SMEs will need to adapt their business operations to incorporate more sustainable practices.

Businesses are becoming increasingly aware of the impact of their activities on the environment and simply offering good products and customer service does not satisfy them anymore.

Customers are also demanding and opting for green products that are not only safer for them to use but are also environmentally friendly.

Scopes 1, 2 and 3 emissions explained

The GHG Protocol established three levels of emission. The scopes correspond to who ‘owns’ those emissions and the level of control applicable to changing those emission levels at each stage.

• Scope 1 — Green House Gas (GHG) emissions that a company makes directly
• Scope 2 — These are the emissions it makes indirectly
• Scope 3 — In this category go all the emissions associated, not with the company itself, but that the organisation is indirectly responsible for, up and down its value chain. For example, from buying products from its suppliers, and from its products when customers use them

At Cubefunder, we are also taking steps to reduce our carbon footprint for a brighter future. Here are some actions we take to reduce our carbon footprint :

– Commute to the office
– Recycling
– Hand our reusable bottles
– Eliminate waste in printing
– Recycle our electronics

We will be identifying, assessing, and managing our Scope 1 and Scope 2 GHG emissions.

There is no Planet B.