Navigating Japan’s renewable energy landscape as a corporate buyer is no small feat, given the complexity noted in the most recent RE100 Report. The report points out that Japan is one of the most challenging markets for renewable energy procurement, according to RE100’s member companies. Japan has a comparably low share of renewable energy in […]
Learn more about guarantees of origin (GOs) and how purchasing them is one way many companies in Europe are meeting sustainability goals, namely scope 2 targets.
Tracking Biomethane Usage is Key to Achieving EU Climate Goals Biomethane holds immense potential to contribute to Europe’s aggressive decarbonization goals. As using biomethane becomes an increasingly feasible and popular way to reduce an entity’s environmental impact, many are looking to the GHGP to provide guidance on how to account for their renewable gas transactions. […]
The first consultation on the UK’s Review of Electricity Market Arrangements (REMA) concluded in October 2022 and the results are in. After digesting the results, the UK Government’s Department of Business, Energy and Industrial Strategy (BEIS) published its summary of the feedback they received on their proposal for reform, and for those of you who […]
Learn more about the transitional phase of the Carbon Border Adjustment Mechanism (CBAM) that the European Union (EU) recently rolled out.
As the renewable energy sector continues to evolve, RE-Source 2023 acted as a critical platform for industry professionals. This congregation of buyers and sellers, policymakers, and experts was more than just an event—it was a beacon for the renewable energy transition in Europe. Over two days of rich discourse, attendees navigated the complexities of power […]
When looking at the EU grid emission intensity, any company with European-based operations looking to decarbonise their activities would consider a power purchase agreement (PPA) as a natural step to tackle their scope 2 emissions. Hereafter, selecting the project location is a crucial factor to ensure that the energy project has the maximum climate benefit. […]
On April 18, 3Degrees travelled to London to attend the ESG Europe event convening finance professionals, software companies, and consultants to discuss ESG best practices and methodologies to manage risks. The event covered a range of topics, from regulatory requirements and climate risk assessment to the ever-challenging data accuracy. I had the pleasure of speaking […]
Understanding how climate risk reporting is evolving has escalated in priority for many businesses and investors as they remain increasingly alert to the impact of climate change on their operations and decision-making. Aware of this need, 3Degrees participated in the TCFD and Climate Risk Reporting event in London in March where I had the pleasure […]
At the beginning of March, we travelled to London to take part in edie 23, a thought-leadership event for industry and sustainability leaders. It was inspiring to see the commitment of the attendees and speakers throughout the sessions as they discussed net zero strategy, policy changes, data reporting and more. We consolidated numerous insightful discussions […]
The EU has set its sights on carbon removal projects. Developing local carbon sequestration capacity and market trust through harmonisation and transparency is the central aim of the Proposal for Establishing a Union Certification Framework for Carbon Removals recently adopted by the European Commission (EC). This shouldn’t come as a surprise considering EC’s rollout of […]
