RSF Social Finance's Climate Action Contribution
Climate Action Commitments
Current Climate Actions RSF Social Finance Is Taking:
Commit to Increase Energy Efficiency
Most companies begin by assessing energy usage or performing an energy audit to identify opportunities to increase energy efficiency throughout their facilities and operations. Energy reduction targets can be framed as either absolute reductions or reductions that are normalized per unit of production, such as per tons shipped, per dollars of revenue produced, or other relevant business metric. Some examples of commitments that can be taken include:
- Conducting an energy audit or request a meeting with your building owner to explore scheduling an audit
- Upgrading HVAC system to a more efficient model
- Upgrading lights in your office/facility to LEDs
- Upgrading insulation and windows
- Replacing appliances in your office with Energy Star-rated models
- Instituting a company policy of turning off lights other electronics when not in use.
Commit to Reduce Short-lived Climate Pollutant Emissions
Short-lived climate pollutants—such as black carbon, methane, tropospheric ozone, and hydrofluorocarbons—are powerful climate warmers many times more potent than CO2 over their lifetimes. Because they are short-lived in the atmosphere, actions to reduce these super pollutants can have substantial, near-term climate, agricultural and health benefits and are an essential complement to CO2 reduction strategies. Policy-makers can announce regulatory or voluntary approaches to drastically reduce SLCPs, such as developing methane strategies or adopting rules on use of warming HFCs. Organizations can commit to engage with suppliers to provide training, conduct pollutant inventories, and establish systems for tracking, measuring, and monitoring these types of emissions. Analysis shows that SLCP emissions can be cost-effectively reduced by an estimated 40-50 percent by 2030.
Policymakers, companies and organizations are encouraged to accept the #SLCPChallenge of the U.S. Climate Alliance, which calls for ambitious action on SLCPs. Feel free to elaborate on your work towards reduction, along with your other efforts, in the "Other Commitments" field below.
Commit to Reducing the Climate Impact of Your Transportation
Organizations making a commitment to reduce the climate impact of transportation should consider practices such as measuring transportation greenhouse gas emissions and setting reduction targets, switching fuels, optimizing the efficiency of shipping operations, and reducing transit- and travel-related greenhouse gas emissions. Businesses can develop a green transportation action plan to map the movement of goods to market and identify opportunities to increase efficiency. Organizations can buy hybrid and electric vehicles within their own fleet, and can reduce the footprint of their workforce through incentivizing public transportation, installing EV charging stations, promoting telework, and locating near transit centers.
Commit to Remove Commodity-driven Deforestation from Supply Chains
Restoring our forest’s ability to store carbon on a global scale is a critical and cost-effective climate mitigation solution. Making a commitment to eliminate deforestation means setting targets to assure key commodities in your supply chain (like palm, soy, beef, paper and pulp) are from deforestation-free sources. An ideal target could be to establish a disclosure and reporting plan for your supply chain and/or conversion to 100% deforestation-free commodities by 2020.