Emission
Emission refers to the release or discharge of substances, usually in the form of gases or particles, into the atmosphere or environment. Emissions can occur from various sources, including natural processes and human activities. When discussing environmental impact, emissions are often associated with pollutants that contribute to air pollution, climate change, and other environmental concerns.
Key Matters and Considerations in ESG
Here are a few key points about emissions:
– Greenhouse Gas Emissions: One significant type of emissions is greenhouse gas (GHG) emissions. GHGs, such as carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O), trap heat in the Earth’s atmosphere, leading to global warming and climate change. Human activities, such as the burning of fossil fuels, deforestation, and industrial processes, are major contributors to GHG emissions.
– Air Pollutant Emissions: Emissions from various sources, including industrial processes, power generation, transportation, and residential activities, can release air pollutants. These pollutants, such as sulfur dioxide (SO2), nitrogen oxides (NOx), particulate matter (PM), and volatile organic compounds (VOCs), can have harmful effects on human health, air quality, and ecosystems.
– Emission Reduction Efforts: Given the environmental impacts of emissions, efforts are being made globally to reduce emissions and mitigate their effects. This includes transitioning to cleaner and more sustainable energy sources, improving energy efficiency, implementing stricter emission standards and regulations, promoting renewable energy, and adopting sustainable transportation systems.
– Carbon Footprint: The term ”carbon footprint” is often used to quantify the amount of GHG emissions produced by an individual, organization, or activity. It measures the total amount of CO2 and other GHGs emitted directly or indirectly due to human actions. Calculating and reducing carbon footprints is an important step in addressing climate change and promoting sustainability.
– Emission Inventories: Governments, organizations, and researchers develop emission inventories to quantify and track emissions from various sources. These inventories help in understanding emission trends, identifying major contributors, and formulating effective strategies for emission reduction and environmental management.
– International Agreements: Global efforts to address emissions and combat climate change are reflected in international agreements and frameworks. The United Nations Framework Convention on Climate Change (UNFCCC) and the Paris Agreement are examples of international agreements aimed at reducing GHG emissions, promoting adaptation measures, and achieving sustainable development.
Managing emissions is crucial for mitigating climate change, improving air quality, and protecting the environment. By implementing sustainable practices, transitioning to cleaner technologies, and promoting awareness and behavioral changes, it is possible to reduce emissions and create a more sustainable future.
About GreenCo ESG Consulting
GreenCo is a professional ESG advisory firm accredited with ISO 9001 in ESG Reporting and Climate Policy Advisory Services. Established in 2016, we were born to tackle ESG and climate risk management challenges. GreenCo has a professional team consists of talents with multiple backgrounds with
- PhD
- Practitioner Member of the Institute of Environmental Management and Assessment (IEMA)
- CFA (the CFA Institute) and Certificate in ESG Investing
- EFFAS Certified ESG Analyst (CESGA)
- Completion of Certified GRI Training Programme
- Certified Public Accountant (for assurance in accordance with ISAE 3000)
- Member of Global Association of Risk Professionals
- Master’s degree in envirnomental science
GreenCo has solid track record in ESG advisory for over 70 listed companies in Hong Kong, Mainland China, Singapore and Korea, covering all industries under the Hang Seng Industry Classification System.