New Law: It is mandatory to calculate and publish the CFO
We have organized a webinar presented by María Ruiz, Project Manager of Euro-Funding’s Energy Efficiency unit, about calculating the Carbon Footprint of Organization (CFO), which represents the Greenhouse Gas (GHG) emissions and removals as a result of an organization’s activities.
Carbon Footprint enables to obtain a reference point to start taking actions to reduce CO2 emissions and subsequent transition towards a more sustainable energy model.
During the webinar Maria commented that the new Law on Climate Change and Energy Transition will oblige specific sectors to calculate and publish their CFO, besides implementing a GHG emissions reduction plan that must include quantified reduction targets.
Euro-Funding held a virtual event for explaining how to calculate the Carbon Footprint of Organization (CFO), which is as a tool for measuring the Greenhouse Gas (GHG) emissions. During the webinar, held by María Ruiz, Project Manager of Euro-Funding, and some professionals of the industry, it was reported the main motivations for an organization to calculate its CFO and some tips to become more efficient were offered.
CFO is a useful indicator to provide a reference point to start reducing CO2 emissions by using resources and materials with better environmental performance.
With the entry into force of the new Law on Climate Change and Energy Transition, some industrial sectors will be forced to calculate and publish their CFO, besides implementing a GHG emissions reduction plan that must include quantified reduction targets. The main objective is to help companies to implement energy efficiency and renewable energy solutions to reduce the HCO and therefore operating costs.
PhD in Chemical Engineering and a degree in Environmental Sciences. Currently, she is Project Manager of the Energy Efficiency and Sustainability team of Euro-Funding, where she carries out technical services focused on the field of sustainability, such as environmental risk analysis, assistance in emission rights trading or carbon footprint calculation. María is also an associate professor at the University of Barcelona.
