With growing emphasis on sustainability, governments and organisations are actively investing in different efficiency improvement initiatives to reduce their carbon emissions. Despite best efforts to improve resource efficiency, some stakeholders may still look for ways to cope with unavoidable emissions across their value chain. To accelerate their decarbonisation journey, CLP Carbon Credits serve as a tool to offset any inevitable emissions.
Transition to renewable energy is vital to eliminating energy-related greenhouse gas emissions. However, the effectiveness and efficiency of renewable electricity is limited by location and scale. For example, the most suitable location for renewable assets may not be where the demand is, and the generation capacity may not be commensurate with the amount of electricity needed, particularly in urban, commercial and industrial areas.