Ben Homan

Companies' climate targets often fail to adequately consider the time value of carbon, focusing more on long-term net-zero pledges rather than immediate actions. This approach overlooks the critical importance of early emissions reductions, which are significantly more valuable due to the prolonged atmospheric presence of CO2. Immediate action is essential for a meaningful impact on climate change.

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Same headline every year "our resource budget is empty" - today in Germany... I'm tired of it... time to #Escape the earth overshoot, every day! 🌍 To truly escape, #CircularEconomy is the only way out! So what can you do? Focus on refuse, repair, and reuse to avoid the #EarthOvershootDay! 💪 🚫 #Refuse: It starts with saying no to buying new. By refusing what we don't need, we prevent waste from being created in the first place. 🛠 #Repair: In our throwaway culture, choosing to repair electronics, clothes, and other items not only saves money but also reduces waste and demand for new resources. ♻️ #Reuse: Before tossing things out, think creatively about how they can be reused. Whether it's converting old jars into storage containers or donating clothes, reusing extends the life of products and reduces our overall footprint. What steps are you taking to escape the overshoot? Hopefully not the same as last year 😉 #EscapeTheOvershoot Wanna do something? Join fix1.today 🤓

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We hardly see talks about #time and how critical is to reduce #emissions now. I The reasoning below may be used to support #SBTi opening up to #offsetting as companies work with their #suppliers to cut their #scope3 emissions. We need to move much #faster and it is a fact that companies progress on Scope 3 is far too #slow. We can blame #companies not doing enough but would it help? Only legislation would help and it is an utopian thought that they will get that far. Should we accept high quality offsetting if it happens #now while companies decarbonise their #valuechains? I am always advising for #insetting but given that time is everything I am now open to see what will happen with SBTi accepting offsetting programmes if they are #effective and produce #permanent #removal - here the big #IF.

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Hmmm... Google is no longer carbon neutral, so is that good or bad? Google has ended its purchase of carbon offsets and stopped claiming carbon neutrality, aiming for net-zero carbon emissions by 2030. They have pulled back on the "carbon neutral" statement as regulation and green claims codes are set to become compliant and greenwashing is, well, not acceptable and bad for brand credibility. In a nutshell, they are now focused on the Science-Based Targets reduction method, which means they measure Scope 1-3 emissions, heavily reduce their internal and supply chain footprint as much as possible, and then compensate for their residual emissions they can't remove by funding Carbon Dioxide Removal (CDR) projects. This way, it is "reduce first and compensate second" using high-integrity certified projects that remove carbon from our atmosphere. Google’s shift from only carbon offsets to real emissions reduction first marks a significant change in its sustainability strategy. Big tech, more of this please :) #cdr #carbondioxideremoval #Sustainability #ClimateChange #NetZero #CorporateResponsibility

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🍃 The Sky Vacuum OK, maybe it’s not in the sky. However, a Swiss company selling carbon removal products to companies just opened the world’s biggest pollution 'vacuum' in Iceland. This remarkable technology, part of the Climeworks Mammoth project, is designed to remove an impressive 36,000 metric tons of CO2 emissions annually from our atmosphere. ❇ This project exemplifies innovative thinking in combating climate change. Utilising Direct Air Capture (DAC) technology, it actively extracts CO2 from the air and transforms it into valuable products or safely stores it underground. With plans to scale from 12 to 72 air scrubbers, this project is poised to make an even more significant impact. 🤝 Notably, high-profile clients such as Microsoft and H&M Group, leaders in their respective industries, have already supported this visionary approach. Their endorsement underlines the growing corporate commitment to achieving carbon neutrality and sets a powerful example for others. These efforts are more important than ever as we approach a critical rise in global temperature. Initiatives like Climeworks are essential in mitigating the effects of climate change, such as rising sea levels and severe droughts, that threaten our environment and economy. #Sustainability #Innovation #ValuStratNext #ClimateAction #CarbonNeutral

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How often are you reviewing key areas of your company? sales? monthly expenses? monthly client's projects? weekly sustainability? every 2 years... We need to embed sustainability as part of a companies' health metrics. Sometimes is not about carbon credits, or circular packaging, or EVs. It can be as simple as setting up a Google drive with your electricity invoices or having your monthly P&L across the finance and sustainability folders. Not having a good pipeline of data when it comes to sustainability is like trying to navigate a ship through a storm without a compass.

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🌱 IETA's new guidelines set the stage for companies worldwide to boost their climate efforts: 🎯 Paris Agreement Alignment: Ensure your strategy syncs with global climate goals. 📊 Emission Transparency: Quantify and openly disclose emissions across all scopes, promoting transparency. 🌟 Ambitious Targets: Slash absolute emissions, backed by internal carbon pricing. 💡 Wise Carbon Credit Usage: Prioritize emission reductions, then compensate with top-tier credits. 🔍 Full Disclosure: Transparently report on credit types and impacts. 🔒 AlliedOffsets Support: Access our data-driven insights to enhance transparency in your carbon credit usage. Our platform provides meticulous tracking of projects, prices, brokers, and buyers, ensuring your climate initiatives are grounded in radical transparency. These guidelines aim to bolster corporate involvement in climate action, ensuring carbon markets drive both immediate reductions and long-term sustainability, improving the efficacy of the VCM. https://lnkd.in/e7yfwdzT #ClimateGuidelines #TransparencyInAction #CarbonCreditUsage #ClimateActionNow #SustainableBusiness #IETA #AlliedOffsets #RadicalTransparency

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Breaking: 300 companies shared their circular secrets. Here are the top findings: Resourcify talked to 300 companies about their circular economy goals in the EU's biggest market so you don't have to. Circularity is now: 1. Major strategic priority for 57% of companies 2. Recirculation rate of resources is still low, at 17% 3. 90% of companies have a sustainability manager But there's more: What are they saying vs. doing? How much are they investing? How are they getting ready for the regulatory storm? Get ahead, and unlock actionable insights in the full report, for free here: https://bit.ly/3X5962O PS: Do you have a favorite green company? #circulareconomy #sustainability #wastemanagement 

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What a great week! We announced our investment in Cozero, a super exciting German climate tech company revolutionizing corporate emission management💫 Kvanted and energy investor EnBW New Ventures led the €6.5 million Series A financing round, with the support of French fintech specialist NewAlpha Asset Management (love our all-female syndicate Melanie Beyersdorf Aurélie NICOLAS 👊 ) and heavy hitter business angels and advisors from logistics, manufacturing and SaaS, including Henrik Larsen, former CPO of A.P. Moller - Maersk, Christian Richter Torben Schreiter at Extantia and co-founder of SAP Signavio, and André Christ, founder of LeanIX. What excites me is that Cozero goes beyond basic compliance reporting by combining financial responsibility with environmental impact. This ultimately transforms business practices towards sustainability. Cozero’s Climate ERP meets the demand from big companies for an effective corporate carbon management tool, helping navigate complex regulations like the CSRD and report on Scope 1-3 emissions. Existing customers include major players such as A.P. Moller - Maersk, DMG MORI and NIPPON EXPRESS GROUP. Thrilled to join Helen Tacke Fabian Schwarzer Tiago Taveira on this journey with a shared mission of advancing industrial decarbonization!🚀 Learn more about Cozero’s Climate ERP platform here: https://www.cozero.io/ #industrialtech #climatetech #digitaltransformation #industrialdecarbonization

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Pledges and voluntary action alone are not enough to tackle global deforestation. The EU is taking a historic step with EUDR to verify that certain products are not sourced from recently converted forest land, a move essential to curb deforestation driven by agriculture. According to the World Resources Institute (WRI), only seven commodities, including wood, rubber, cattle, coffee, cocoa, palm oil, and soy, contributed to 57% of tree cover loss linked to agriculture from 2001 to 2015. This loss replaced forests equivalent to more than twice the size of Germany. The EU, as the second-largest market for these commodities after China, is witnessing a rise in demand. The requirement for manufacturers to demonstrate that their products are not linked to recent deforestation is a crucial step towards preserving global forests. Read more about this significant initiative here: https://lnkd.in/dr_Jwiw9

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A few weeks ago, Stefan Schlosser (Deutscher Verband für negative Emissionen e.V. (DVNE)), Dr. Johanna Puetz (Boston Consulting Group (BCG)) and I discussed the heavily underestimated economic potential of the Carbon Removal industry in Europe and Germany over lunch. The lack of data, we felt, could hinder the required progress. Climate action is not only cost - it is a true economic opportunity. One worth almost a trillion dollars globally, to be precise. Today, happy to see the publication of ”Carbon Dioxide Removal (#CDR): Europe's Path to a Trillion-Euro Industry” that underpins the transformative impact of CDR on climate goals and the European and German industry landscape with real data. 📈 Europe's CDR industry could reach €220B per year by then, driven by technological advancements and economies of scale. 👷🏼 The European CDR industry could create up to 670K jobs. 🇪🇺 With its tech expertise and climate policies, Europe, and especially Germany, are set to have a significant impact on this market. It was a pleasure working with Dr. Johanna Puetz, Dr. Patrick Herhold, Robin Bierganz and co-authoring alongside Nikolaus Wohlgemuth, Julia Mühleiß, Sarah-Luise Grimm, Caroline Braun, J��rg zu Dohna, Marcel Rensmann, Johannes Schwegler, Constanze Adolf, Phd, and Tony Oehm

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The media keep getting Degrowth wrong. Meanwhile, Green Growth strategies fail to deliver reductions fast enough and sufficiently. So, here's my 7-step breakdown of Degrowth. Feel free to use it anywhere you like. The more we can educate on this topic to start conversations about what we can do to deliver reductions now, the better. You can download the PDF (for free) in our Open Hub: https://lnkd.in/eh7AMZqm

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⏳​ Time to rethink... In 2022, during a panel on innovation in Bavaria with Söder, our discussion quickly turned to climate mitigation and environmental protection. His joke about "Weißwürste" not killing the climate nearly derailed the conversation — not because it was a great argument 🤔​ , but because it underscored how unseriously we still treated the rapid changes happening around us. Today, our collective perspective has shifted❗ 🌊​ Not because we’ve said or done much more, but because we’re witnessing the consequences of inaction. 🤷‍♂️​ Not making decisions has its costs and results. We're already paying for our hesitation. 💡​ There are many conversations still to be had, but more importantly, there are many decisions and actions we can take today. Let's do this! #Vote09062024

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The urgency to cut greenhouse gas emissions by 43% by 2030, as highlighted by the IPCC and UNEP, puts the spotlight on the transportation sector. Recognized as a major emitter, it also offers the potential for significant reductions. The UN Climate Change Report emphasizes the necessity of electrification and low-carbon fuels to keep global warming below 1.5 degrees Celsius. India's push towards EVs is crucial, yet faces challenges like high costs, range anxiety, and limited charging infrastructure. Government initiatives like the FAME Scheme, PLI scheme, and the new Electric Mobility Promotion Scheme (EMPS) launched on April 1, 2024, aim to boost EV adoption, particularly for two- and three-wheelers. The EMPS encourages global investment with no cap on maximum investment, signalling strong governmental support. Key Areas of Focus: 1. Charging Infrastructure Development: India has 12,146 public EV charging stations, up from 6,586 in March 2023. Strategic placement is essential to balance usage and reduce range anxiety. 2. Consumer Awareness and Confidence: Building trust through manufacturer responsibility for essential parts, even after model discontinuation, is vital. McKinsey reports that 70% of India’s top-tier car buyers are considering EVs, reflecting a strong shift towards sustainability. 3. Increasing EV Share in Government Fleets: Mandating electric vehicles for government use sets a strong example and can drive demand. Delhi's initiative to convert its fleet to electric is a noteworthy model. 4. Electrifying Public Transportation: Transitioning public transport to EVs can significantly reduce emissions and save approximately USD 14.1 billion annually by 2030 in crude oil imports. This shift will also create jobs and improve air quality. 5. Embracing the Circular Economy: Adopting a circular economy approach in EV manufacturing and usage can further enhance sustainability. This involves designing vehicles for longer life spans, promoting recycling of batteries and materials, and developing a robust system for refurbishing and reusing components. Such practices reduce waste and resource consumption, creating a more sustainable lifecycle for EVs. By focusing on these areas and fostering collaboration between government, industry, and citizens, India can lead the global charge towards sustainable transportation. The time for bold action is now—embracing clean energy and circular economy principles is imperative for a healthier, greener future. #SustainableIndia #CircularEconomy #SustainableTransportation #EVcharging #ElectricFleet #ConnectedEV

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Our main problem is that there are still too many people outside the Climate Funnel. We need to inspire more people to come inside the Climate Funnel. And help them move through the different stages. To create more systemic change at scale. The key is to inspire people to go from unaware to: → Aware → Motivated → Low-impact action → High-impact action Right now, the funnel is very narrow at the bottom. Only a few people are taking high-impact actions worldwide. Whilst the majority of people are just unaware, aware or motivated. Regardless of how much effort we put in, we won't create systemic change if we are just a few at the bottom of the funnel. We need a lot more people to come inside and move through it. Because no one wakes up one day just aware of climate change and decides to take high-impact action. People need to move through all the stages of the funnel. One of the highest-impact actions we can take is to help more people get into the funnel and move through the different stages. Don't waste your energy with deniers. They won't get into the funnel. Focus on everyone else. Let's invert the Climate Funnel and make it wide at the bottom. Let's inspire more people to enter the funnel. At that point, sustainability won't be an option, but an integral part of our global culture. If you found the Climate Funnel helpful, please repost it to help others too. P.S. In which stage do you feel you are?

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"My net zero target isn't until 2040! Why should I buy carbon removal now?" It's one of the most common questions I get from sustainability teams. But in order for carbon removal to be available at scale in the future, customers are needed now. This little know fact isn't in your sustainability guidance, but it is now proven by climate science. "How do I get my CFO to approve budget? She's never going to approve an IOU for an invisible gas!" Find out in the panel our CEO Peter joined below.

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⚡ As we are finally phasing out coal in Germany, we are facing a big opportunity: 🌿 Giving these inhospitable coal mines a new purpose and reconnect them to nature. It is for sure gonna take long! This is just a quick idea on how that transformation could look like, made with Urban Utopia. ✏️ How would you use those vast spaces in the future?

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This is awesome! EVs and especially BEVs are such an important puzzle piece in achieving transport sector #decarbonization! Beyond creating the required charging infrastructure (#EVCI) that enables wide-spread uptake of these great cars, however, it is also important to create #supplychains for all these battery materials (cobalt, nickel, graphite, etc.) that don't put even more strain on our biosphere! #supplychaindecarbonization

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