Lune

🌍 Sustainability leads, listen up: one of the most impactful actions you can take is embedding carbon removal (CDR) in your sustainability strategy. Flick through the slides for a TLDR of why. For the latest CDR insights follow Robert Höglund, Carbon Gap, and Lune. What do you think about CDR? #Offsetting #CDR #Insetting #BVCM #CarbonCredits

Big win for EU maritime 🥳🚢  Its emissions fell by 15.1% in 2023. In 2022, EU maritime was responsible for 136.9 million tCOe; in 2023 it was responsible for 116.6 million tCO2e. ⬇️ That’s 20.3 million tCO2e less released into the atmosphere vs. 2022. (Full report > European Maritime Safety Agency). Don’t get us wrong. There’s still a long voyage ahead. In the EU, maritime must decarbonise 62% of emissions by 2030, vs. 2005 levels. For green maritime to set sail, it must measure, report, decarbonise, and offset emissions. What are the most effective strategies you've seen to reduce maritime emissions in your operations? #Logistics #Maritime #EUETS #Decarbonisation #GreenSupplyChains

85% of SMEs want 🤝 emission insights from their financial provider Financial management platforms can rapidly capture snowballing climate demand with Lune’s new ✨ out-of-the-box transaction emission analytics. Grow monthly active users by equipping your customers with emission reporting. We’d love to know what you think! #CSRD #Scope3 #EmissionsReporting #GHG #Decarbonise

🤔 How much should I spend on carbon removal? Here’s the science-backed answer. Recently Google chose to buy carbon removal credits to compensate for residual emissions. 😰 But carbon removal is costly. You’re looking at over £400/tCO2e. So for those who don’t have access to the bank of Google, how much carbon removal should you buy? 🧑🔬 Here’s what the Oxford Offsetting Principals say. You should offset 100% of your residual carbon emissions annually. BUT take a portfolio approach. This science-backed offsetting portfolio uses a blend of carbon credits e.g. more affordable emission reduction credits AND pricy carbon removal. The portfolios simultaneously scale essential carbon removal technologies 📈 for long-term success, while protecting and restoring ecosystems and communities 🌱 today. They maximise climate impact. For example, say you need to offset 1000 tCO2e. Just using permanent carbon removal could cost £4,000,000. Most of us don’t have the annual budget to cover that. However, using the Oxford Offsetting Principle portfolio approach, it's manageable. Today, Lune’s prebuilt Oxford Offsetting Principles Portfolio blends forest conservation, enhanced rock weathering, concrete mineralisation, and wetland restoration to maximise climate impact. As you decarbonise, the amount of residual emissions will decrease each year. Reducing the overall size of your offsetting portfolio. At the same time, you should rebalance your offsetting portfolio so it’s made up of more carbon removal credits, and fewer emission reduction credits. So by the time you hit net zero in 2050 (i.e. only 10% of your original emissions remain), your offsetting portfolio should be made up of 100% permanent carbon removal. This is in line with the SBTi. 🏆 So the 10% of emissions left should be offset by 100% permanent carbon removal. What do you think of this approach? #CarbonCredits #SBTi #ESG #NetZero

What’s the CSCMP - Council of Supply Chain Management Professionals 🚢  predictions for the future of freight? Lune Logistics Lead, Maria Lacalle Muls, was invited to share her insights at the 2024 CSCMP European Conference & European Research Seminar at Kozminski University. She also joined the ‘Delivering on Net Zero Goals in Supply Chain’ discussion with Luca Mattia Gelsomino and James R. S. Here are the key takeaways 🧠 1. Starting with sustainability: A proper granular measurement of logistic emissions is the starting point to develop a proper decarbonization and net zero strategy. 2. Customer expectations: The Amazon effect is real. B2B buyers now expect the seamless, personalized experiences they enjoy as consumers, pushing businesses to rethink their customer engagement strategies. 3. Technology and talent: Trust in technology is key to innovation. Investing in tech not only streamlines operations but also attracts the right talent, addressing the current skill gap in the industry. What do you think about these trends? #SupplyChain #CSCMP #Sustainability #ClimateTech #Logistics

What are 15 different types of scope 3 emissions — and why are they a compliance nightmare? 😰 Scope 3 emissions are all other indirect emissions that occur in a company’s value chain but aren’t included in scope 2. Overall, there are 15 different categories of scope 3 emissions: 1. Purchased goods and services 2. Capital goods 3. Fuel- and energy-related activities (not included in scope 1 or 2) 4. Upstream transportation and distribution 5. Waste generated in operations 6. Business travel 7. Employee commuting 8. Upstream leased assets 9. Downstream transportation and distribution 10. Processing of sold products 11. Use of sold products 12. End-of-life treatment of sold products 13. Downstream leased assets 14. Franchises 15. Investments The range included in this list only begins to demonstrate the scope 3 enigma. This scope is: 🐘 Vast, sometimes making up 90% of total emissions 🕸 Complex, spanning 15 different categories 🌪 Fragmented, they all exist outside a company’s immediate operations, so getting any data — let alone audit-ready data – seems impossible The combination of all creates the scope 3 enigma. Impossible to ignore, difficult to charter, and a monumental quest for data. The EU CSRD (Corporate Sustainability Reporting Directive) requires over 50,000 companies to disclose their 2024 scope 3 emissions. And they’re struggling. Which scope 3 emission category would you prioritise for simpler reporting? #Scope3 #GHG #CSRD #ESGReporting #NetZero

Circula chose to partner with Lune to: 🚀 Make emissions reporting effortless for SMEs 🚀 Accelerate client sustainability strategies by helping pinpoint emission hotspots 🚀 Minimise engineering resources by leveraging Lune’s superior API and rapid customer support For too long we’ve been using the planet to expense emissions! By embedding climate action into its platform, Circula empowers SMEs to join the race to net zero. Nikolai Skatchkov Jona Leander Gentzsch Charlene Gustke Safura Zawadzki Sergey Bekrin #ExpenseManagement #GHG #EmissionReporting #Fintech

🌥 Sustainability is not some vague vision. It’s a set of concrete strategies, plans, and actions leading logistic companies are putting in place — today. This was the biggest takeaway Maria Lacalle Muls and Alexandra Prickett took from Multimodal 2024, the biggest UK supply chain and logistic conference. Here are three more insights: 🏁 Start reporting emissions ASAP. Emissions data is a beast if you let it get on top of you. 🏔 The green transition is not a cliff edge, it’s an opportunity to reallocate resources more efficiently. 🛣 We’re running out of mileage. We will exhaust our carbon budget in 5 years if we do nothing. The clock is ticking. What was your biggest takeaway? #SupplyChain #Transport #Logistics #GreenTransition

Emission calculations must be auditable 👀 EU CSRD reports are subject to audit assurance. It, therefore, must be clear how company emissions were calculated. Lune’s emission explanations make calculations audit-ready. Swipe to see Lune CTO Roberto Bruggemann put them into practice ➡️ #EmissionCalculations #CSRD #ClimateRegulation #ESG

😎 Biochar: an up-and-coming heavyweight in carbon credits. But why is it suddenly becoming so damn popular? For starters, it opens new pathways to a circular economy. What is biochar and how is it made? When organic plant matter (biomass) decays in a natural environment it releases stored CO₂. Turning biomass into biochar prevents the process of decay, creating permanent storage for CO₂. We do this by pyrolysis (heating the biomass at high temperatures in a low oxygen environment). The resulting biochar is nutrient-rich and so can be used as a fertiliser to improve soil health – and increase crop yields. Category Type 5 of the Oxford Offsetting Principles (carbon removal with long-lived storage) Evaluation 🧓 High durability with carbon being stored for 100 years 🚮 High additionality by using waste biomass ⚖ High measurability as it’s possible to measure the carbon content of the biomass being used ‼ Some risk due to a lack of research into the negative environmental consequences of spreading biochar 😍 High co-benefits from using the end-product, i.e. biochar Example climate projects featured in Lune’s curated library: 🧻 Wakefield BioChar: manages waste products from a pulp and paper mill to store 2.9 tCO₂ per tonne of biochar for hundreds of years. 🥜 Pyrocal: uses waste from organic feedstock such as macadamia shells and used pine wood pallets to create high-quality biochar. Each ton of biochar is over 80% pure carbon and safely stores 2.9 tCO₂ for hundreds of years. Bonus fact: Did you know it’s also the only carbon removal you can use in cat litter 🙀 What’s the most intriguing use of biochar you’ve heard of so far? #CarbonOffsetting #Biochar #CircularEconomy #ESG #ClimateProjects