Decarbonization Fundamentals in the Consumer Packaged Goods Industry

ENGIE Impact is acutely aware of the need to accelerate the pace and scale of carbon reductions and recognizes the challenges organizations face in delivering on their ambitions. These challenges are amplified in the Consumer Packaged Goods (CPG) industry, where implementing a decarbonization strategy typically involves multiple sites and geographies, as well as the extensive supply chains associated with them.  

To address the unique emission reduction challenges of CPG companies, this Decarbonization Fundamentals guidebook offers key insights and integrated solutions specific to the industry, exploring: 

• Why only 25% of businesses are on track to meet their carbon targets – due to insufficient organizational focus, underinvestment in decarbonization, a lack of internal skillsets, and short-term decision-making – and what to do about it. 
• The challenge of decarbonizing heat due to the variety of temperature and quality requirements, the compatibility of solutions with specific processes, operational and commercial risks, and the nascent stage of commercialization and development for some key technologies. 
• The importance of renewable electricity as a key element in sustainable energy solutions, and the advantages and disadvantages of renewable electricity options - EACs, green retail, PPAs, and direct investment in on-site solar PV
• How to successfully navigate the voluntary carbon market and why carbon credits are impactful and necessary strategic tools for companies committed to meaningful decarbonization. 
• The importance of obtaining robust, credible data about supply-chain emissions, and how to go about getting it, which is one of the core issues businesses face in meeting their Scope 3 reduction objectives. 
• How to create a holistic, tailor-made solution for electrified corporate mobility that considers the use-case, selects suitable vehicles, navigates the complexities of charging infrastructure, and has access to the right green fuel supply. 

This guidebook highlights the need to reduce emissions in the CPG industry and provides insights and solutions to facilitate companies’ efforts to increase their readiness for decarbonization. By acknowledging the need for an organization-wide approach, identifying the challenges of decarbonizing heat and the importance of renewable electricity, and taking practical steps like buying carbon credits and collecting Scope 3 data, those who feel they’re falling short of their targets will have the decarbonization fundamentals and organizational enablers necessary to reach their goals. 

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