Oberon Fuels’ Post

💡 Industries are forming strategic cross-sector partnerships to improve access to #RenewableEnergy and speed up the #EnergyTransition. Can they make partnership profitable? Read more in #FinancialTimes here. #PwC #ESG #sustainability #togetherwesolve #collaboration #impact #naturalresources #hydrogen

🚀 Exciting News! Our First Sustainable Finance Research Article ♻️💰 This article delves into the role of Renewable Energy Certificates (RECs) in the transition towards a sustainable future and their limitations in truly achieving net-zero emissions. While RECs have facilitated progress in the renewable energy sector, concerns have arisen about their actual impact in spurring new green initiatives and ensuring direct carbon reduction. To address these limitations, the Science-Based Targets Initiative (SBTi) is introduced as a more comprehensive and scientifically-grounded approach to corporate sustainability. The SBTi, while emphasizing the critical role of Scope 3 emissions reporting, offers a more in-depth, transparent, and standardized methodology for companies. It encourages businesses to holistically account for their carbon footprint, ensuring genuine strides towards combatting climate change. 🚀 Visit our website to find out more details  https://lnkd.in/dyCsrNxj ✨Thank you Vanessa W., Doris Li, Tianyu Xie, Mingxuan (Jane) Tan for writing the article! #Finance #sustainablefinance #renewableenergy #sbti #RECs

As the Research Lead for our dedicated team, I'm thrilled to share our latest article: "Addressing the Limitations of Renewable Energy Certificates with the Science-Based Targets Initiative". Key Takeaways: 1. Renewable Energy Certificates (RECs) have paved the way for businesses to contribute to green energy but have inherent limitations. 2. The Science-Based Targets Initiative (SBTi) offers a comprehensive, science-driven approach to sustainability, ensuring businesses align with global climate needs. 3. Embracing all emission scopes, especially the intricate Scope 3, is vital for genuine climate impact. A sustainable future demands multi-dimensional strategies. While RECs are a step in the right direction, initiatives like SBTi are vital for holistic environmental accountability. Dive into the full article to get a detailed understanding. Thank you to all team members for your dedication and hard work. Let's keep pushing the boundaries of sustainable research! 🌱

Apart from investing in renewable energy to address Scope 1 and Scope 2 emissions, businesses have the opportunity to do more in addressing Scope 3 emissions. At a thought-leadership event hosted by our SATS Ltd. Global Innovation Hub, representatives from Schneider Electric, Forum for the Future, United Nations ESCAP and International Air Transport Association (IATA) shared their insights on the four key steps that businesses can take to tackle carbon emissions throughout the value chain. Learn more below. #CollaborativeAdvantage #Sustainability Michael Williamson Saksham Nijhawan Hemant Mistry Jackson Seng

Building a sustainable future: UCB aims to render their operations carbon neutral by optimising energy consumption, increasing the use of renewable energy and building green requirements and objectives from the beginning of new projects: https://bit.ly/3sVIyUS #WeWontRest #COP28UAE