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How Greene Economics is Helping Clients Meet Disclosure Requirements and Achieve Net-Zero Goals
Greene Economics has worked with flood damages, temperature changes, greenhouse gas emissions, and decarbonization for years. See how these skills combine to help clients meet new disclosure requirements as well as older adaptation and planning needs!
Case Studies: Climate Solutions in Action
Two recent projects highlight our commitment to helping organizations adapt to climate risks and pursue decarbonization:
1. Global Hydrocarbon Production and Consumption Forecast to 2050
Greene Economics partnered with the National Academies of Sciences, Engineering, and Medicine (NASEM) to analyze historic and projected global energy trends for their study titled Oil in the Sea IV: Inputs, Fates, and Effects.
Our team examined data on fossil fuel production, consumption, and transportation dating back to 1970. Using this historical information and projected policy goals for decarbonization, we developed forecasts for hydrocarbon production and consumption from 2020 to 2050. We explored three scenarios: current trends, partial decarbonization, and full decarbonization.
The results underscored the urgent need for a coordinated global effort to meet Net Zero emissions targets by 2050. This analysis not only guided the Oil in the Sea IV research committee in understanding potential decarbonization pathways but also provided insights into the marine transport of hydrocarbons.
2. Decarbonization Planning for a Multinational Corporation
Greene Economics is currently developing a comprehensive decarbonization plan for a large multinational corporation, aiming for net-zero carbon emissions by 2045.
In collaboration with Keramida, we are assessing the most cost-effective strategies for carbon reduction. Our approach involves creating a forecasting model that estimates total Scope 1 and Scope 2 greenhouse gas (GHG) emissions based on various carbon mitigation strategies.
Through interviews with key stakeholders across the organization, we are compiling this information into a user-friendly model. The dashboard will allow users to adjust assumptions via a dropdown menu, providing immediate visual feedback in table and figure formats to facilitate decision-making.
Greene Economics is dedicated to equipping organizations with the tools and insights necessary to address climate risks and achieve sustainability goals. By leveraging our expertise in climate risk assessment and decarbonization planning, we empower our clients to meet evolving regulatory requirements and drive impactful change.
Do you have climate risk and reporting questions for our team? Contact us.