At Chrysaor we recognise the Climate Change challenge. We are committed to supporting the Paris Agreement, keeping the increase in global temperature to well below 2 degrees Celsius and supporting the UK and Scottish economies to become net carbon zero. Our energy transition journey has begun ....
Chrysaor sees the energy demands of the world as an opportunity to do things differently and we firmly believe there is a connection between more efficient operations and lower carbon emissions. Our carbon and energy reduction strategy details a range of projects underway across our operations, which are aimed at improving plant operational efficiency, reducing flaring and methane emissions and reviewing the feasibility of low carbon electricity to supply our installations. This strategy is intended to lay out the framework upon which we can take actions to reduce atmospheric emissions, namely CO2 and the emission of other gas components, which affect local and global air quality nitrogen oxides, sulphur oxides and particulates, or the global climate greenhouse gases (GHGs). This framework aims to deliver a 30% reduction in GHG emissions within the next five years.
Chrysaor recognises the dual challenge that the world energy markets face in meeting increased demand for reliable and safe energy, while at the same time reducing emissions of carbon dioxide. Key to this is appreciating the context of the business and understanding what Chrysaor can influence, either directly or indirectly, to minimise the use of energy and the emission of gases with a global warming potential.
Our strategy for GHG reduction and energy efficiency is in alignment with national and international commitments seen through the Kyoto Protocol, UK Carbon Budget, UK Climate Change Act, COP 21 (“Paris Agreement”), etc. Central to this is the Scottish and UK Government long-term goal of being a net carbon zero economy by 2045 and 2050 respectively, and the Norwegian Government commitment to reducing emissions by between 80% and 95% by that same year.