Why are Scope 2 Emissions important for Kiwi Business?

Scope 2 emissions are critical because they represent a significant portion of a company's carbon footprint. In some cases, scope 2 emissions can account for up to 90% of a company's total greenhouse gas emissions.

As such, companies that are serious about reducing their carbon footprint must take measures to reduce their scope 2 emissions.

How do companies measure their Scope 2 Emissions?

Companies typically measure their scope 2 emissions by using the market-based method or the location-based method.

The market-based method involves purchasing renewable energy certificates (RECs) or carbon offsets to offset a company's scope 2 emissions.

The location-based method, on the other hand, involves using the emissions factor of the grid in which a company is located to calculate its scope 2 emissions.

What are the benefits of reducing Scope 2 Emissions?

Reducing scope 2 emissions can benefit companies in numerous ways.

CLEAN ENERGY AT A LOWER AND PREDICTABLE COST

We can supply tenants on site with clean energy at a predictable cost.

Power can only be supplied to businesses on the same site.

RENEWABLE ENERGY CERTIFICATES

We issue Renewable Energy Certificates to help businesses report on their Scope 2 Emissions.

You don't have to reside on site.

‍Explore more benefits.

How can companies reduce their Scope 2 Emissions?

Several strategies can be used to reduce scope 2 emissions.

One way is to improve energy efficiency. By using energy-efficient technologies, companies can reduce the amount of electricity or heat they consume, which, in turn, reduces their scope 2 emissions.

Another way to reduce scope 2 emissions is to switch to renewable energy sources. Renewable energy sources such as solar, wind, or hydroelectric power generate electricity without emitting any greenhouse gases.

Where that's not possible, businesses can opt to purchase Renewable Energy Certificates to offset energy they are consuming from non-renewable resources.

Renewable Energy Certificates (REC)

Rahiko are the first rooftop generator in New Zealand certified for the production of Renewable Energy Certificates.

Get in touch to discuss your requirements.

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BENEFITS FOR KIWI BUSINESS

REDUCE CARBON FOOTPRINT

The reduction of Scope 2 emissions can help to reduce the carbon footprint of a company, leading to a reduction in greenhouse gas emissions.

This, in turn, can help to mitigate the effects of climate change.

gain competitive advantage

As consumers become increasingly environmentally conscious, companies that adopt sustainable practices may have a competitive advantage over those that do not.

Adopting sustainable practices can help to attract environmentally conscious consumers and investors.

attract and retain talent

As the demand for sustainability grows, job seekers are increasingly looking for companies that prioritize sustainability and environmental stewardship.

By promoting sustainability and environmental stewardship, companies can enhance their reputation as a responsible and ethical employer, which can help to retain top talent and reduce turnover.

regulatory compliance

Whilst offsetting Scope 2 is voluntary in New Zealand, taking action now can help prepare for future regulation and potential penalties.

improved reputation

Adopting sustainable practices can help to improve a company's reputation, as it shows that the company is committed to sustainability and reducing its environmental impact.

This can lead to increased customer loyalty and improved relationships with stakeholders.

COST SAVINGS

The adoption of energy-efficient technologies and renewable energy sources can help companies to reduce their energy costs.

This can lead to significant cost savings, especially in the long term.

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