CRU Launches New Sustainability and Emissions Service
CRU has announced that it has launched its new sustainability and emissions service to offer users commodities intelligence through a sustainability lens.
The world’s prioritisation of sustainability has brought a variety of new policies and societal expectations to businesses. However, the current trajectory of emissions reductions is insufficient to adequately address climate change, increasing the likelihood of more severe policies in the near future. Adapting operations to meet new requirements, laws, and policies while remaining economically viable can be a complex task for businesses.
Further, no commodity is untouched by such sustainability factors. Having a centralised view and knowledge base allows clients to make consistent decisions within an informed business strategy and understand the implications of these factors for their operations and markets.
The service gives users a comprehensive, coherent view of how the transition to a low-carbon, sustainable economy will affect different commodities and impact market dynamics. It covers:
Policy developments, initiatives and regulations
Carbon markets, pricing, emissions trends and abatement curves
Decarbonisation, the development of green technologies and emission reduction scenarios and their cost implications
Energy costs, pricing, demand and renewable capacity forecasts
The service aims to build on CRU’s existing deep commodity market knowledge and sustainability tools, such as the Emissions Analysis Tool. CRU is known and trusted for data excellence, robust data modelling, and transparent methodologies and now seeks to apply that expertise through a sustainability lens.
Mark Jeavons, Head of Sustainability, comments on the new service:
“Sustainability is already driving our markets, but its impact will grow exponentially in the future, impacting commodity supply, demand and pricing. There is no question that successful businesses will be those with the most intelligent and informed decarbonisation strategies, but the sooner the strategies are implemented, the better. However, this is easier said than done, and so many of the sustainability data sources available today are incomplete, with gaps, a lack of detail, and limited transparency. We believe we can meet that market need for insight, as we have done so for more than 50 years in the commodities space through our analysis and consultancy.”
The service is live today, and two tiers of service access are available. Classic offers insight on emissions trends, policy roundups, and short-term carbon price forecasts, while Premium adds mid- and long-term carbon price forecasts, data, and insights on decarbonisation, green technology, and energy markets, as well as direct access to CRU’s analysts.
Source: Aluminium Today