Concept of carbon emissions, the main sources of emissions by economic sector, and the processes that most emit will be introduced. We will discuss what the greenhouse gas emission inventory protocols are, how they work, their scope, importance and what they represent at the national and international level. The main objective of this module is to explain the ways and means of measuring and reporting CO2 emissions. Next, we will present management methods, so that each company can choose, according to its capabilities and needs, the one that will be efficient, sustainable and integrated into the company's field of activity and business plan. 

This module provides an explanation of the basic concepts for carbon management, namely mitigation, reduction and neutralization. Along with these concepts, the main methods and tools for their implementation will be presented. The last sub-topic relates to carbon offseting. 

The objective of this module is to help institutions analyze their emissions from production to disposal or reuse of their products, in an efficient way and with the application of the most appropriate internal emission management procedures.    

Through specific procedures and tools, the process of analyzing emissions during the entire life cycle of a product and production as a whole will be explained, i.e. the carbon footprint in economic sectors.  The "Five R's" of sustainability (Reduce, Reuse, Refuse, Recycle and Rethink) in addition to re-inclusion in the value chain are presented as a traditional way of thinking. This method is both effective and relevant for managing emissions and changing consumption patterns.  Therefore, their application in context will be explained together with other management tools.   

Environmental and sustainability certificates are necessary to prevent fraud or exaggeration of environmental actions by companies. This can happen through the creation of only positive publicity, without real engagement of the brand. The subject of the fourth module are certifications on emissions from domestic production and on emitted carbon credits. This section will present their main types, basic assumptions and objectives so that companies can consider the possibilities and importance of carbon certification and make an informed decision about whether or not to include them in their strategy.  

We will discuss the main certifications that exist in Brazil and globally as well as which carbon management tool each certification corresponds to (mitigation, reduction, neutralization or compensation). We will also explain the necessary procedures for obtaining them. This module will provide an explanation of how brands can benefit from certifying their carbon management tools, thereby adding value to their products and services and retaining conscious customers.  

The objective of the module is for companies to understand the concepts and different types of pricing, the rationale behind the calculation, and how to internally establish a pricing policy if this instrument is in line with management. 

The module will explain the history of pricing, the concept and its practical application in Brazil and in the world, in the internal and external environment.  In addition, issues that will be addressed in this module include the rationale behind pricing, how prices are determined and calculated, and what options and objectives should be considered when setting prices. Finally, the module will address the establishment of carbon pricing in the internal environment of companies, the types (shadow or effective pricing), practice, ways of functioning and reasons that motivate the implementation. 

First, the importance of emissions inventory will be emphasized and the step of mapping and analyzing risks and opportunities in the internal and external environment will be presented.  This step is necessary before the effective adoption of the corporate strategy. Subsequently, the prerequisites for a successful strategy will be listed, through which the relation between climate action and sustainable growth is achieved.    

Strategies for adapting to climate change, such as risk mitigation and development of competitive advantages, will be outlined and explained along with the benefits of integrating the corporate carbon footprint into the various stages of strategic planning. This can benefit companies in terms of image and profits, as well as facilitate adaptation to future and international laws, in case of expansion.

The module will indicate ways to calculate and prove the benefits of investments made and actions taken, such as return on investment (ROI), a specific ROI for sustainability, targets and indicators for the implementation of carbon management measures in companies. Also, the module will highlight appropriate ways to present results in sustainability reports and the importance of engaging stakeholders and third parties in action networks.  

As with other types of projects, carbon management projects are also dependent on funding. Accordingly, such investment should bring tangible returns to organizations and individual investors. In this case, the expected return is not always financial, although most of the time it ends up as a secondary return. The focus is usually on returns related to sustainability goals, such as reduction and offsetting.  

Green or climate bonds are investment bonds used to finance sustainability projects focused on climate change in a wide variety of areas, such as infrastructure, emissions reduction or research and innovation. ESG funds are investments in assets intended to finance sustainable initiatives in all areas, including social impact. The eighth module will address the issue of financing sustainability projects with a focus on the environment.    

To clarify whether the investment and/or creation of investment funds for environmental sustainability projects is possible and in line with the company's plans, this module will explain in more detail the concept and logic behind each of them. It will further explain the benefits for investors and return. 

The objective of this module is to provide a knowledge base for the application of practices in companies that support an integrated strategy of corporate governance and sustainability, which is mainly focused on carbon management. It is important to clarify that in most cases best practices are researched and developed through networked initiatives. 

At the end of this module, innovations and disruptive technologies applied to carbon management and market, along with technologies already developed or in development that tent to transform this area. We will also present newly developed solutions that can be applied internally or as a part of companies’ partnership network.   

Small and Medium-sized companies, also known by the acronym SMEs, represent the largest share of the world economy and are a fundamental part of large B2B or B2C value chains. The objective of the module is to engage these companies in sustainable practices due to the scale of their operations, the new supply and origin standards required of suppliers, and the tendency to cover all aspects of the value chain in emissions management and reporting.  

First, the basics and starting points that small and medium enterprises should take in the process of carbon management will be presented. This module will emphasize the important relationship of these companies with value chains. Chain-wide responsibility will be demonstrated through an explanation of the German Due Diligence Act, the predecessor of the binding measure for the integrity of the entire chain. 

This is followed by a presentation of global and Brazilian successful cases of small and medium-sized enterprises that have integrated carbon management into their operations and the explanation of their competitive difference. Finally, a short basic manual for the successful adoption of carbon management processes and tools for SMEs is described.

As part of the training course, the pilot group, whose members were employees of companies that are members of the German-Serbian Chamber of Commerce, conducted a practical activity in their local context - Review of direct and indirect (Scope 1, Scope 2 and Scope 3) emissions in the company "XXX" .

In the video lesson, you will see examples from a real business environment, how companies from different, not only production but also service activities look at CO2 emissions, and how, depending on the activity, the types of emissions differ.

The Environmental Unit of ProCredit Bank provided mentoring support to the pilot group during the preparation and presentation of the works.