What are the benefits of using the Carbon Management Principles?
The Carbon Management Principles (the Principles) set out actions that provide the basis for a robust carbon management strategy when applied in order. The Principles prompt you to assess your strategy and respond to new opportunities and technologies as they occur. Considering the options in order will drive best environmental outcomes, and best business value. The Principles can help companies optimise actions, irrespective of whether the goal is modest emissions reductions or achieving carbon neutrality. The Principles can assist in developing carbon management strategies that provide a range of environmental, financial and social benefits to businesses and the community and provide a framework to maximise where these benefits coincide. The Principles can be used to drive improved business value by: Reducing input costs: • Avoiding or minimising energy use (and the associated GHG emissions) can reduce business costs. In addition, some processes that capture and store GHG emissions a