Are Firms Following Through on Their Carbon Pledges With Effective Carbon Management? A Case Study of Sky Group

Abstract

Effective carbon management in private industries is essential due to the significant emissions from corporations across the globe. Investigation and monitoring of carbon management strategies in large corporations, such as Sky Group, is needed to meet the Paris targets. Sky Group has provided Scope 1, 2 and 3 estimates since 2018. The firm has implemented various carbon management strategies to reduce these emissions, including sourcing 100% renewable energy, submitting pledges to the Science-Based Reduction Targets Initiative and improving the accuracy of carbon emissions estimation methods. We conclude that Sky Group’s carbon management is a respectable example for other firms to follow. Suggested improvements include further investigation into reducing emissions produced by employee commuting, as well as continual increasing of on-site renewable energy.