© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Clean Energy as a Solution for Reducing Supply Chain Carbon Footprints
Posted 26th May 2023

Clean Energy as a Solution for Reducing Supply Chain Carbon Footprints

Climate change is here. The phrase, common, because the reality of the effects of industrialization have become an all too familiar force on the planet today. Sea levels rising, more intense storms, droughts each have their cause exacerbated by the change in global temperatures.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Clean Energy as a Solution for Reducing Supply Chain Carbon Footprints

Climate change is here. The phrase, common, because the reality of the effects of industrialization have become an all too familiar force on the planet today. Sea levels rising, more intense storms, droughts each have their cause exacerbated by the change in global temperatures.

What the Science Says

For over the last century global temperatures have been measured. What has been found is that not only is the Earth’s global average surface temperature going through long-term warming, but in this last decade there has been a startling increase in that rate of warming.

According to Climate.gov, over the last fifty years (since 1973) the Earth’s annual average global temperature has risen an average of around 0.13℃ each decade. That statistic does not sound too concerning until it is shown next to the previous fifty year rate: 0.07℃— nearly double that of the past.
Disconcertingly, scientists predict that the rate will become even higher over the next decade. These changes are not benign by any means. If the trends continue, the effects will be tragic for mankind and animal populations worldwide.

In order to mitigate such effects, humanity must band together to try and limit the rise in temperatures to a pre-industrial average to 1.5℃. The goal of reaching these measurements demands an immediate action of global partnerships to cut nearly 30 gigatons worth of greenhouse gas emissions annually before the year 2030.

To put that astronomically large number into perspective, the United States alone produced 5,981
million metric tons last year, which is 13.2 trillion pounds. China produced 11.47 billion metric tons. When Mount St. Helen’s erupted in 1980, it released about 540 million tons of ash. Humans may have made a mess of things, but actions are being taken to help change these staggering statistics.

Global Efforts for Change

World leaders have taken notice and action at the urgent behest of scholars and activists alike, and as a result, new policies are being set. In an effort to work towards a more sustainable future through climate stabilization, initiatives like the Paris Agreement by the United Nations Environment Programme (UNEP) have been launched. The UNEP, which serves as a global presence working to set sustainable environmental agendas, acting as a sort of conservation guide, has done the work to identify what it believes are six major factors which can help.

If initiated, have the potential to begin reducing carbon emissions to those levels of 30 gigatons annually. Their argument, though, is that focusing on the more commonly acknowledged factors, like transportation and industry production, are not enough to reach that goal, but they do play a significant part. One of those major contributing factors that can help is clean energy.

Surprisingly, the energy sector is one that does not need a series of new inventions in order to begin chipping away at that goal because the technology already exists. All that needs to be done in a broad sense is to shift from fossil fuels to using renewable forms of energy and just using less energy overall. 

What is Clean Energy?

The conversation around the need and desires for a clean energy revolution is not a new one in America. The U.S. has had a steady push of establishment of new clean energy initiatives in the energy sector. Broadly stated, clean energy are forms of energy that are derived from renewable, zero-emission sources that have little to no pollution effects when utilized. Some examples are solar power, wind, hydro electric, tidal, and geothermal sources. Not only does the clean energy industry help the overall global climate crisis, but it generates new jobs, and is expected to have great growth in the years to come, all the while generating hundreds of billions of dollars in economic value. 

In order for companies that are serious about reducing their carbon emissions to start doing so they usually begin by looking at their own internal operations and infrastructure. While implementing more renewable, green, or clean energy resources does have a positive and notable impact on carbon emissions, the largest results come from revamping their supply chains.

Rethinking Supply Chains

A report done by the McKinsey group found that it is the supply chains of consumer goods companies which have a much larger social and environmental costs— more than 80% of greenhouse gas emissions that are generated by supply chains— are on average 5.5 times greater than the emissions created directly by the companies own, in house production of goods.

Staggeringly, eight key industries — food, fashion, electronics, automotive, construction, consumer goods, professional services, and freight traffic— account for nearly half of all the global carbon emissions. The current use of fossil fuels for transportation and industry is too large a contributor to the global climate crisis to not consider transitions and initiatives which adopt clean energies as solutions.

The implementation of the previously mentioned clean energy sources, which already exist and have been shown to reduce emissions would do much to bring efficiency, and affordable solutions to companies supply chain footprints. What is even better to learn is that costs to consumers on the back end are likely to only increase between 1- 4%. If that is not enough of an encouragement for companies to make the decision of transitioning to the use of clean energies, then maybe customer opinion will. A survey found that 70% of consumers are willing to pay a 5% increase to products if that meant these were manufactured in a more sustainable way.

With the world in need, global initiatives started, technologies available, and consumers in hearty agreement, there is little reason for companies not to make the switch to clean energy use in their supply chains.

Categories: Corporate Social Responsibility, News


You Might Also Like
Read Full PostRead - Eye Icon
Pang & Co: Insight, Expertise, Dedication.
Finance
23/04/2015Pang & Co: Insight, Expertise, Dedication.

Based in Hong Kong, Pang & Co. focuses on capital market transactions and regulatory advice in Greater China, and IPOs in both the Main Board and the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited.

Read Full PostRead - Eye Icon
Technology M&A – Shifting Paradigms
Innovation
15/07/2016Technology M&A – Shifting Paradigms

M&A in the technology, media and entertainment (TME) space has boomed over the last 24 months and while Brexit may dent confidence and activity, arguably this sector is better placed than most to remain buoyant.

Read Full PostRead - Eye Icon
The Role of Microfinance in Developing Countries
Finance
03/03/2016The Role of Microfinance in Developing Countries

Microfin Plus is a Financial Non-Governmental Organization (FNGO) registered in Ghana to develop, implement and promote innovative financial services to the poor whereas establishing and maintaining relationships with other NGOs.

Read Full PostRead - Eye Icon
Economic Signals To Consider When Trading Forex In The Final Months Of 2022
Finance
11/10/2022Economic Signals To Consider When Trading Forex In The Final Months Of 2022

It’s a mantra that seems almost as old as time itself, but the ‘be fearful when others are greedy, and greedy when others are fearful’ strategy of Warren Buffett has served him well in more than five decades as an investor.

Read Full PostRead - Eye Icon
7 Business Benefits of Hiring Managed IT Services
News
02/11/20217 Business Benefits of Hiring Managed IT Services

Besides accounting, one of the most outsourced jobs is managed information technology (IT) services. And for a good reason. Hiring managed IT services involves hiring third-party specialists to take charge of a business’ needs. As such, entities can focus on

Read Full PostRead - Eye Icon
Going Beyond Zero Trust: How Far Should Organisations Go to Protect Their Information?
Innovation
18/06/2024Going Beyond Zero Trust: How Far Should Organisations Go to Protect Their Information?

Organisations are under extreme pressure when it comes to protecting data. The range of cybersecurity threats is constantly evolving as the world becomes increasingly reliant on technology.

Read Full PostRead - Eye Icon
Leading Corporate Finance Management Firm of the Year – Kent
Finance
05/08/2022Leading Corporate Finance Management Firm of the Year – Kent

Unlike many of its competitors, which focus on numbers, Chantler Kent Investments focuses on finding out what its clients want to accomplish during their lifetime and builds profitable portfolios with dreams in mind.

Read Full PostRead - Eye Icon
MDJ and Partners – Certified Public Accountants
Finance
21/10/2015MDJ and Partners – Certified Public Accountants

With 14 years’ experience in various disciplines of institutional management consultancy services, accounting, internal auditing, external auditing and assurance service delivery, MDJ and Partners and its Parent firm, MDJ Associates Ltd are among the fastest

Read Full PostRead - Eye Icon
How To Build A Business Continuity Plan In 5 Steps
Strategy
09/11/2022How To Build A Business Continuity Plan In 5 Steps

A BCP will help ensure the operations continue, your staff is secure, and business assets are safe. Remember, you never know when such calamities will happen. Adequate planning can help you avoid losing revenue, customers shifting to your competitors, and incu



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow