FOR CLEANER, GREENER GROWTH

Scheme and has proof of sustainability from the International Sustainability and Carbon Certification (ISCC).”

- Matthew Crockett, Managing Director

Balancing Residual GHGs with Carbon Offsetting

In many instances, businesses can reduce but not eliminate, their GHG emissions. For example, while HVO vastly reduces the GHG emissions created by a traditionally fuelled vehicle fleet, it isn’t yet possible to eradicate the environmental impact of any fossil fuel vehicle. But to achieve Net Zero, the remaining volume of GHG, also known as the residual volume, can be balanced with Carbon Offsetting.

Carbon Offsetting is when a business participates in or funds initiatives that compensate for the carbon dioxide emissions it cannot stamp out. Common carbon offsets include funding reforestation and renewable energy projects that reduce harmful atmospheric CO2, or increase the proportion of clean energy in the grid. These projects give funders “carbon credits” equal to the carbon reduction directly achieved by their contribution.

In theory, Carbon Offsetting is fast and straightforward to implement. However, there are a lot of initiatives available. Some are verified by official bodies, and others aren’t. It also makes sense to direct funding towards the projects most likely to make the biggest impact, so there can be a learning curve.

The Oil Depot – supporting your ESG commitments

With consumers[2] and investors[3] now prioritising businesses that can quantifiably prove their positive environmental impact, the message is clear. Businesses must act today and get on board with meaningful ESG or risk losing opportunities to those that do.

The Oil Depot, a nationwide supplier of commercial fuels, is now supplying HVO. Working with the largest HVO importer and UK stockist, the company can supply customers with anything from 20-litre HVO boxes to bulk volumes.

And with next-day and emergency deliveries available, you can keep running day-in-day out, even when the unexpected happens.

To maximise your fleet’s scope 1 reduction, the Oil Depot also works with various verified and approved Carbon Project Developers to offer Carbon Offsetting on fuel purchases.

And, as a proud Greenarc company, The Oil Depot has access to information and support on electric vehicles (EV) and charging infrastructure, led lighting, carbon offset fuel cards, Solar PV and electrical services to reduce emissions across your business and drive your ESG impact further and faster.

finning UK & Ireland, the world’s largest dealer of Cat® machines and equipment, has last year doubled its sales of Cat GC, which provide reliability and fuel efficiency at a lower cost per hour as customers seek to balance sustainability with affordability.

George Ionescu, Product Manager at Finning, said the GC machines remain a popular option for plant hire companies looking for equipment with low fuel consumption following escalating charges and which are simple to use with a level of in-built tech features to get everyday jobs done.

He said: “We’re seeing a 50/50 split between customers opting for our standard GC models and those using the performance models with embedded technologies which are very much needed on infrastructure projects such as HS2, where the latest technology is driving safety improvements, optimising productivity, and reducing the carbon footprint.