As more and more businesses make the move to embrace green strategies, it becomes evident that environmental efforts should come from the big players. Indeed, eco-friendly focuses are designed to make companies sustainable, encouraging tax reductions, and building a positive reputation in the process. Green business strategies are appealing because they are beneficial for the company.
Therefore, it’s not uncommon to come across brands that develop green habits and processes within their organizations. Reducing waste in the office and making the team more aware of their carbon footprint are some of the most popular choices for a green future. However, we live in a world that is built around petrol and gas dependency. If the business world is to become green, it’s crucial to get the oil and gas industry on board to meet our environmental goals. Otherwise, the eco-friendly changes you make in the company are shadowed by the constant harmful emission from the oil and gas sector.
Oil & gas companies need to drive climate change goals
Renewable and sustainable fuels are produced by renewable resources, unlike natural gas, petroleum, and other fossil fuels that drive the oil and gas sector. What difference does it make to the environment? To put it clearly, oil and gas companies are responsible for 42% of all harmful emissions. Unfortunately, businesses continue to rely mostly on non-renewable fuels as part of their production, transport, shipping, and maintenance activities. There is no point recycling office papers and plastic cups when your fleets feed the global oil & gas emissions. Our green efforts remain small in comparison with the damage caused by the oil & gas big players. If we want to shift consumption in the right direction, the change needs to come from the industry itself.
Investing in decarbonization
Greenhouse gas emissions don’t disappear because you stop using fuel. They remain in the atmosphere and can have dramatic impacts on the future of the environment. Therefore, the priority for oil & gas players is not to reduce their production or consider methods that create fewer emissions. Instead, the industry needs to invest in greenifying its past, aka addressing the lasting issues caused by their production methods. Unfortunately, equipment and tech innovation comes at a high cost, which is precisely why a professional accountant can help identify and move funds where they need to be. Financial experts who want to support the change need to learn more about the APA – Accredited Petroleum Accountant – certification. This ensures they can make essential innovative investments financially safe for big players.
Supporting renewable resources
Now’s not the right time to stop producing gas and petrol. Renewable infrastructures and production operations are not equipped to meet the global demand. However, the oil & gas industry understands the challenge of managing such demand and can work hand-in-hand with the renewable sector to develop the appropriate logistics and infrastructure. Contrary to common belief, going green can’t happen without involving the oil & gas big players. They have a thorough understanding of global needs, complex delivery protocols to reach out to everyone everywhere, and volume.
In conclusion, going green requires more than a change of habits. It is a complex shift in production, infrastructure, investment, and operations that needs to happen with the oil & gas industry. Decarbonizing the industry and building a renewable fuel sector that can meet global demands have to be a strategically planned effort around the world to combat climate change.