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THE SECTOR MUST ACHIEVE AMBITIOUS DECARBONISATION TARGETS AT INTERNATIONAL AND EUROPEAN LEVEL

Environmental markets aim to reduce emissions or accelerate the energy transition in an efficient way. There are two types of markets, compliance and voluntary.

Companies will need to access the compliance market and purchase emission allowances to meet their obligations under the European Emissions Trading Scheme (EU ETS). Planning and knowledge are key to optimising participation in this market.

For companies wishing to take on a higher level of commitment, there are many options available, ranging from simple to comprehensive solutions to achieve net-zero by 2050. Among others, they can calculate their carbon footprint and offset it by taking part in voluntary markets where carbon credits generated by verified projects can be purchased, or buy guarantees of origin.

These initiatives enhance the corporate image, are highly valued by customers and appreciated by society.

Emissions Trading

Global Factor is active in the main CO2 markets such as Spain, Germany, France, Italy, Poland, Belgium, Netherlands, UK, Ireland, Austria, Czech Republic and Romania. It provides information, knowledge and access to the European Union (EU ETS) and United Kingdom (UK ETS) emission allowance markets.

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Guarantees of origin

Guarantees of Origin (GoOs) are a voluntary system that certifies the renewable origin of electricity. Biomethane, biogas and green hydrogen GdOs will start operating in 2023.

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Climate Change

Climate change is transforming our world and the way we act, so countries and their leading organizations are working hard to mitigate their greenhouse gas emissions and adapt to the impacts and consequences of climate change.

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Sustainability

Sustainable ethics has become an unavoidable element for the development of any type of competitive strategy for organizations.

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Offsetting for climate neutrality

Leading climate change organisations have developed net-zero strategies so that their performance is compatible with science-based targets.

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