Case Study GHG Inventory Cost Savings

The video discusses a case study of a financial institution that initially believed paper was its largest emission source. However, upon measuring sustainability performance, it was found that business travel, especially by the board of directors, was the major contributor. During the 2008 financial crisis, the institution implemented teleconferencing and reduced travel, saving money and cutting emissions by 75%. The video introduces sustainability dashboards for tracking carbon footprints and explains offsetting emissions through different scopes, emphasizing reduction, renewable sources, and offsetting strategies.

What was initially thought to be the largest emission source for the financial institution?

• Paper usage

• Office supplies

• Business travel

• Electricity consumption

What strategy did the organization use to reduce emissions from business travel?

• Increased paper recycling

• Teleconferencing for meetings

• Switching to electric vehicles

• Installing solar panels

How much did the organization reduce their greenhouse gas emissions in one year?

• 75%

• 60%

• 50%

• 80%

What tool is essential for executives to understand sustainability performance?

• Financial reports

• Market analysis

• Sustainability dashboard

• Employee surveys

Which scope of emissions involves electricity usage?

• Scope 1

• Scope 2

• Scope 3

• Scope 4