How can your organisation be strategic with its decarbonisation planning?
Start with the end in mind
Whatever sector you're in, every UK organisation is navigating a changing, and less predictable economic landscape, particularly with the current impact of the COVID-19 pandemic and the further uncertainty around Brexit.
The importance and business benefits of decarbonisation have never been more important. Equally, organisations are, understandably, hesitant to make public commitments without a clear understanding of the long-term implications. It’s here that a scenario-based approach is impactful.
Taking a scenario-based approach
Scenario-based thinking looks to a relevant end-date (for example, 2030 or 2050) and works backwards, considering the various levels of commitment needed to achieve a certain reduction of environmental impact.
Approach planning with an end date already in mind and consider the requirements at that point. Doing this will help you confront the larger changes affecting your industry from shifting resource costs and the changing demographics of their consumers, to an evolving regulatory landscape and potential future changes to their products or business models.
Where does your organisation need to be in the future?
Consider, for example, where your organisation will need to be in 2030, which is the focus year of the Paris Agreement, and also the year sales of new petrol and diesel cars in the UK will end.
Or even 2050? That's the UK government’s target the UK government’s target year for net zero greenhouse gas emissions, or perhaps another date relevant to the organisation business.
With this in mind you can start planning your strategy based on where your business needs to be in the future.
Next: Long-term thinking and ROI
In our next blog post in this series we'll be exploring why your decarbonisation drive needs a new mindset towards ROI (Return on Investment).
Want to get started with your decarbonisation strategy?
If you'd like help finding the first steps with your decarbonisation strategy, and would like to speak to a consultant, please contact us.