Industrial Economics, Incorporated

Strategic Planning and Target Setting for a Low-Carbon Future

Organizations are facing higher investor, customer, and stakeholder expectations around GHG management and decarbonization. Transitioning to a low-carbon economy often requires rethinking procurement practices and business operations (e.g., leasing office and retail space, locating new facilities, making logistics decisions) to improve energy and environmental performance in alignment with core business and financial objectives. IEc educates clients on common stakeholder concerns, and guides clients in strategically planning for a low-carbon future, through evaluation of company operations, analysis of energy and environmental impact mitigation opportunities, and analysis of industry and market trends.

IEc also helps organizations to develop measurable and results oriented targets that align with industry benchmarks and multiple sustainability standards and programs, such as the Science-Based Target Initiative and United Nations Sustainable Development Goals. We are also helping clients prepare to comply with the SEC’s draft climate disclosure rule. Our services include:

Our services include:

  • Materiality assessment and prioritization
  • Benchmarking to industry peers
  • Developing a carbon strategy and targets based on financial, feasibility, and reputational analysis of options (i.e., energy efficiency, fuel switching, clean power, supplier engagement, policy change), and alignment with SBTI and CDP)
  • Climate business risk analysis aligned with TCFD
  • Cost-effectiveness/ROI analysis of carbon free power options (e.g., on-site options, utility and CCA green power programs, PPAs/VPPAs)
  • Climate business risk analysis aligned with TCFD
  • Advising on purchase of high-quality RECs and offset options
  • Communications with internal decision-makers (e.g., management and board briefings)

Recent work:

  • IEc developed Samsonite’s first carbon and energy reduction strategy and goals for operational carbon neutrality by analyzing trends in its GHG footprint, conducting site visits to major facilities, interviewing staff, and analyzing potential efficiency and renewable energy projects. IEc worked with Samsonite’s carbon reduction committee to finalize a carbon strategy and set reduction targets.