Good Practices
- Disclosure & Transparency: Disclose GHG emissions data and material climate risk information through recognized disclosure initiatives.
- Science-Based Targets: Set greenhouse gas emissions reduction targets in line with the goals of the Paris Agreement for measurable climate accountability.
- Internal Carbon Pricing: Establish an internal carbon price to redirect investments toward renewable energy and emissions reduction R&D.
- Supply Chain Collaboration: Work with suppliers to improve sustainability management and prevent climate-related supply chain disruptions.
- Stakeholder Engagement: Participate in public-private partnerships and government working groups addressing climate policy.
- Employee & Customer Awareness: Provide training and transparent communication about climate risks and corporate climate policies.
Reporting Standards
- GRI Standards 305-1 through 305-5 for emissions accounting (Scope 1, 2, and 3)
- CDP Climate Change Questionnaire for comprehensive emissions disclosure
- ISO 14001:2015 for environmental management system implementation
Metrics include absolute emissions, intensity ratios, and reduction targets measured in metric tons CO₂e.
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Signatories to the IFRA-IOFI Sustainability Charter can contribute specific examples of how their company is implementing this commitment.
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