To compensate for our unavoidable emissions we chose South Pole Carbon, an international company that specialises in reducing greenhouse gases.
The 2° Path
We choose the “2° Path” option proposed by South Pole Carbon to offset emissions necessary to achieve the goal of limiting average global warming to 2°.
We calculated the amount of emission reductions needed in developing countries on top of climate neutrality in the industrialized world based on IEA and World Bank data and found that they are equivalent to 2.5 times the amount of the emissions of industrialized countries.
If you commit to a 2° path, you offset 2.5 times your emissions.
Our main sources of emissions are already either avoided (renewable energy) or offset at the time of purchase (air travel offsetting). Therefore in 2018 our gross carbon emissions were 24 tonnes equivalent. Therefore we offset 16 tCO2e x 2.5 = 60 tonnes.
We chose to fund a REDD+ forest conservation programme in Zimbabwe.
BraveGen carbon footprint for FY20
In August of 2020 we completed our first formal greenhouse gas emissions inventory report. This covers the period from April 1st, 2019 to March 31st, 2020, and aligns our emissions declaration with our financial year. We also established financial year 2019/2020 (FY20) to be our baseline year and have reported our emissions for the previous financial year (FY19).
Where we had previously estimated our emissions and then applied a 2.5 times multiplier, we now have an accurate measurement of the direct and indirect emissions. We will be purchasing carbon offsets to achieve a carbon neutral status. Given the size and scale of our operations we are choosing not to have our statements independently verified this year.
Key insights from our emissions report:
- Total emissions across scopes 1, 2, and 3 were just under 20 tons of CO2 equivalent for FY19
- This increased to just over 30 tons of CO2 equivalent for FY20
- At our current headcount this equates to 2.5 tons per FTE for FY20, which is effectively unchanged from FY19.
- Our direct scope 1 and 2 emissions decreased, primarily due to switching to a carbon neutral electricity supplier
- Scope 3 emissions accounted for 94% of the total
- Increased emissions from air travel led to our overall increased emissions.