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Announcement
GHG inventorization calculator and decarbonization strategy

Student name: Mr Somya Katta
Guide: Dr Aviruch Bhatia
Year of completion: 2023
Host Organisation: PwC India
Supervisor (Host Organisation): Mr Manish Taparia
Abstract:

This abstract provides an overview of the GHG Inventorization Calculator and Decarbonization Strategy, focusing on their significance in addressing greenhouse gas emissions and achieving sustainability goals. The GHG Inventorization Calculator serves as a vital tool for organizations to quantify and analyze their greenhouse gas emissions across different scopes. It takes into account direct and indirect emissions, enabling comprehensive measurement and understanding of an entity's carbon footprint. The calculator aids in identifying emission hotspots, setting baseline data, and establishing targets for emission reduction.

Alongside the GHG Inventorization Calculator, developing a Decarbonization Strategy is crucial for organizations committed to mitigating climate change. A Decarbonization Strategy involves implementing a range of measures to reduce emissions, such as adopting renewable energy sources, improving energy efficiency, optimizing transportation, and implementing sustainable practices in the value chain. It requires a holistic approach that encompasses technological, operational, and behavioral changes, ensuring long-term sustainability and resilience.

The integration of the GHG Inventorization Calculator and Decarbonization Strategy enables organizations to make informed decisions and develop tailored approaches towards achieving their sustainability objectives. By understanding their emissions profile, organizations can identify priority areas for action and implement targeted strategies to reduce their carbon footprint. This abstract emphasizes the importance of these tools as essential components in the transition to a low-carbon economy, promoting environmental stewardship and contributing to global efforts to combat climate change.