A carbon footprint is the total amount of greenhouse gases (GHG), usually expressed in equivalent tons of carbon dioxide, produced to support human activities either directly or indirectly. Measuring and reporting GHG emissions allows companies to set targets and work out a carbon management initiatives to reduce emissions going forward.
Immature Oil Palms at PT TR
At AEP, all GHG emissions at the estate and mill levels are monitored, identified and quantified. Assessments were carried out in accordance with the World Business Council for Sustainable Development and World Resources Institute’s (WBCSD/WRI) Greenhouse Gas Protocol; a Corporate Accounting and Reporting Standard, together with the latest emission factors from recognised public sources including, but not limited to, Defra, the International Energy Agency, the US Energy Information Association, the US Environmental Protection Agency and the Intergovernmental Panel on Climate Change.
Biogas Plant at PT SGM
The values for the amount of carbon sequestered by the oil palm have been taken from the OPRODSIM and OPCABSIM average growth models provided in the PalmGHG Tool. GHG emissions have been reported by the three WBCSD/WRI scopes.
Methane Capture is a Major Source of Carbon Credits
Land use emissions and carbon sequestration results were calculated in line with the methodology used by RSPO GHG Working Group 2 throughout the PalmGHG Calculator. The carbon stock values were derived by the RSPO based on a review of relevant literature and satellite images for land use changes associated with oil palm plantations in Indonesia and Malaysia. An estimate of CO2 emissions from cultivation of peat soils is also calculated.
AEP has been releasing our Scope 1 and Scope 2 emissions report in line with the UK's Streamlined Energy and Carbon Reporting (SECR) guidelines since 2018.Starting from 2023, the Group also begun calculationg Scope 3 GhG emissions and published a full inventory based on the GhG Protocol.
In some of our plantations, surrounding forests are bought for conservation
AEP realises that climate change is changing the way we work and live.The effects are also being felt across many businesses in most industries.
A Climate Risk Assessments (CRA) attempts to identify the likelihood of future climate disruptions and their potential impacts for businesses. This is fundamental for strategic prioritisation in climate action, as well as investment in adaptation.
A Climate Scenarios Analysis (CSA) on the other hand, helps an organisation and its stakeholders understand how climate-related events and their related opportunities and risks could impact the organisation's business model, operations, strategy and financials over time. An important tool recommended by the Task Force on Climate-related Financial Disclosures (TCFD) a CSA is often highly complex and involves narrative descriptions to quantitative information using detailed models. These enable organisations to identify and understand the major climate related risks they are exposed to, and devise mitigating actions which to better respond to the threat posed by the risks..
