Measurements made by enterprises to monitor, control, and lower the number of carbon emissions along the supply chain is referred to as “carbon management.”
It primarily identifies various sources of carbon emissions and works on eliminating or mitigating them through the use of renewable energy, optimizing systems and recycling.
Carbon offsets, which include balancing carbon emission with carbon capture, are one of the most efficient strategies to control carbon. A firm should ensure that every link in its supply chain is working to reduce carbon emissions; as a beginning point, businesses may insist on only working with environmentally friendly vendors. When efficient machinery is used, operational expenses are reduced and the environment is not negatively affected as much.
Carbon emissions are significantly influenced by logistics. Utilizing hybrid or electric vehicles, optimizing routes, taking shared routes, managing traffic, etc., all help to reduce it. Lastly, using recycled materials and commodities is preferable to raising the environmental cost of making a new product.
The term “carbon footprint” describes the volume of carbon dioxide (CO2) released into the atmosphere as a result of a specific person, group, or community’s activity.
It is the methodical evaluation of the potential environmental effects that a product may have already had or may have in the future over its entire life cycle, which includes the acquisition of basic raw materials, processing, distribution, recycling, and disposal.