Climate Change& Decarbonization admin August 13, 2024

Climate Change
& Decarbonization

In an era where sustainability is not just a choice but a necessity, Farlense is committed to guiding businesses through the challenges and opportunities presented by climate change and decarbonization. As India’s economy continues to expand and global interest in its market grows, the imperative to align growth with environmental responsibility becomes ever more critical. 

At Farlense, we leverage our sectoral expertise and robust network to support your organization in navigating the complexities of reducing carbon footprints, adopting sustainable practices, and meeting regulatory demands. Our goal is to ensure that your business thrives in this new green economy and contributes to a future where growth and sustainability go hand in hand.

Decarbonization
What we do

Establish Data-Driven Carbon Reduction Goals to align with external standards, initiatives, and regulations, such as GRI, SASB, CDP, TCFD, SBTi, and the GHG Protocol.

Design enterprise-level transformation plans by analyzing the company’s carbon footprint and implementing the strategies related to climate change.

Decarbonize supply chains to minimize the embedded carbon in sourced components and raw materials to decrease Scope 3, or upstream, emissions.

Our Approach
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Defining a Baseline
Defining a Baseline to understand carbon footprint and prioritize the focus area.
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Scenario Analysis

Scenario analysis for the initial view on abatement potential and cost implication through Marginal Abatement Cost Curve (MACC)

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Plan the Initiatives

Plan the Initiatives with actionable steps, clear responsibilities, and measurable goals. Prioritize and schedule these steps and set specific targets, including science-based targets (SBTi).

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Tracking Performance

Tracking Performance by implementing actions, setting up proper governance, adjusting plans as needed, and using dashboards and KPIs for external reporting.

Carbon Markets Advisory
What we do

Strategy and Business Planning to help clients in achieving their net-zero goals by combining direct decarbonization efforts with strategic planning through the carbon markets.

Due diligence is required to thoroughly evaluate and minimize risks when choosing projects and portfolios.

Carbon Credit Delivery by assisting the client with top-quality carbon credits, discovering project development opportunities, and creating long-term portfolios that align with their emission reduction strategies.

Our Approach
Identify the carbon credit sources
1) Nature Based: Forestry Afforestation, Reforestation, Revegetation, Regenerative agriculture, Agroforestry & Marine
2) Tech Based: Bioenergy with Carbon Capture and Storage, Direct Air Carbon Capture with Carbon Storage
Identifying the process
Identifying the process by offering different mechanisms that can be adopted for sourcing the carbon credit such as OTC broker/retailer, Exchange/marketplace, competitively source, Partnerships, and Developing own credits
Aligning requirements
Aligning requirements with external standards such as the Gold Standard, American Carbon Registry, Clean Development Mechanism (CDM), and VERRA.
Project feasibility assessment, design and implementation
Project feasibility assessment, design and implementation of Carbon Credits to offset CO2 Emission
Life Cycle Assessment
What we do

Establishing Goals and Targets to define the system boundaries, functional unit, and depth of analysis

Inventory Analysis and Impact Assessment to gather data on inputs and outputs for each life cycle stage, using both primary and secondary sources. Translate this data into environmental impacts

Interpretation & Integration with ESG to identify significant impacts and improvement opportunities, evaluate result robustness, and incorporate LCA findings into ESG reports to enhance understanding and inform sustainability strategies.

Continuous Improvement by leveraging LCA insights to enhance product design and processes, and update the assessment regularly with evolving technologies.

Our Approach
Sustainable Design Integration
Sustainable Design Integration by applying eco-design principles to reduce environmental impact by focusing on energy efficiency, material sustainability, and waste reduction throughout the product life cycle.
Material Selection
Material Selection by opting for renewable, recyclable, or biodegradable materials to effectively minimize the environmental footprint of your products.
Manufacturing Processes
Manufacturing Processes that enhance manufacturing processes to lower energy consumption, emissions, and waste while evaluating life cycle impacts when selecting suppliers and technologies.
Product Use Phase
Product Use Phase will design products for durability, ease of repair, and energy efficiency and provide guidance on educating consumers about sustainable usage practices.
End-of-life management
End-of-life management plans for effective recycling or safe disposal at the end of a product’s life help implement take-back or recycling initiatives where feasible.
Continuous improvement
Continuous improvement through the use of LCA results in refining product design and processes and regularly updating the LCA with the latest data and technological advancements.
These services can be offered at
Company Level
  • Sustainability Strategy
  • Policy Formulation
  • Performance Monitoring
  • Supply Chain Management
Product Level
  • Design for Environment
  • Eco-labeling
  • Product Improvement
  • End-of-Life Management
Asset Level
  • Environmental Impact Assessment
  • Maintenance and Operation
  • Formulating Strategies
  • Investment Decisions
ZERO Carbon Tool

Zero Carbon Tool is a cutting-edge software designed to drive sustainability goals with precision and transparency. Leveraging exclusive data, advanced technologies, and expert strategies, we accelerate our clients’ decarbonization efforts and manage carbon credits effectively.

Our platform helps clients measure the impact of their sustainability initiatives on investments and growth, and clearly communicate their strategies to investors and the financial community.

ONGOING PROJECTS

DIRECT SEEDING OF RICE

  • DSR implemented in 10 states, in over 4,000 plots
  • More than 10 lakh farmers benefited
  • Saving a staggering 1125 million litres of water (15-30% of normal consumption)
  • Reduced CO2 and CH4 emissions by 30-35%, maintaining or even improving yield and fostering soil health
  • DSR saved Rs 5,000 to 8,000 per acre on average
  • Over 2,000 women seamlessly integrated with new-age agricultural practices

CROP RESIDUE MANAGEMENT INITIATIVE

  • This initiative tackles health hazards posed by residue burning, emphasizing the use case of combined harvesters with Super Straw Management Systems, Happy Seeder, Super Seeder, Stubble Chopper etc
  • Super Seeder, Stubble Chopper etc providers/CHCs and with the markets to sell their stubble, creating a sustainable and responsible agricultural cycle.
  • We have prevented stubble burning in approximately 5 lakh acres of land affecting 50,000 farmers

CARBON CREDITS

  • With over 55% of the country’s population is vulnerable to climate-related issues like soil degradation, changing seasons, volatile market prices, and rising input costs
  • Monetization of carbon credits under (Carbon Credit Trading Scheme) provide financial incentives and improved agricultural practices result in healthier soil and positive impact on groundwater table
  • The ecosystem creates green jobs and strengthens resilience to climate change

AFFORESTATION

  • Spearheaded Miyawaki afforestation projects in states, contributing to the creation of dense and biodiverse forests through this method
  • Undertaken significant restoration projects, rejuvenating ecosystems and promoting biodiversity in areas where environmental degradation had taken its toll
  • Operating across numerous states, Farlense has planted saplings alongside agricultural practices, promoting sustainable land use and economic empowerment for local farmers

Learn about how we can help you, Join our Farlense Academy.

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