Net Zero 2030: A Global Challenge

Local Implications for Mexican Companies

Climate change is an undeniable reality, and the international community has set ambitious goals to combat it. Net Zero 2030 is one of them, an objective that seeks to achieve a balance between greenhouse gas (GHG) emissions produced and those removed from the atmosphere by the year 2030.

What does this mean for companies?

Reaching Net Zero 2030 requires a profound transformation in the way companies operate, both globally and locally. It implies:

·      Reducing GHG emissions: Implementing measures to decrease the carbon footprint in all areas of the company, from production to the supply chain.

·      Offsetting emissions: Investing in carbon offset projects to neutralize emissions that cannot be eliminated.

·      Adapting to climate change: Preparing for the impacts of climate change, such as rising sea levels, droughts, and heat waves.

Where is Mexico on the path to Net Zero?

Although Mexico has made international commitments to combat climate change, it still faces significant challenges in achieving Net Zero 2030. Dependence on fossil fuels, deforestation, and lack of investment in renewable energy are some of the obstacles that the country must overcome.

According to the Climate Action Tracker, Mexico's current policies are not sufficient to achieve the 1.5°C target of the Paris Agreement, and its emissions are projected to increase until 2030.

The Climate Change Performance Index 2024 (CCPI) places Mexico in 31st place out of 63 countries evaluated, with "medium" performance in categories such as GHG emissions, renewable energy, and climate policy.

What can we do?

Mexican companies, regardless of their size, have a fundamental role to play on the path to Net Zero 2030. Some key actions are:

·      Implementing energy efficiency measures: Reducing energy consumption in operations, using more efficient equipment, and taking advantage of renewable energy.

·      Adopting circular economy practices: Reducing, reusing, and recycling materials to minimize environmental impact.

·      Investing in clean technologies: Adopting technologies that reduce GHG emissions, such as electric vehicles, solar energy systems, and cleaner production processes.

·      Collaborating with other companies and organizations: Sharing best practices, participating in sustainability initiatives, and working together to achieve climate goals.

·      Transparency and accountability: Measuring and reporting GHG emissions, setting reduction targets, and communicating progress towards Net Zero.

In this context, the incorporation of PoE lighting is presented as a solution with a positive impact on the carbon footprint throughout its entire life cycle:

·      Embedded footprint: By using high-efficiency LED technology and intelligent control systems, PoE lighting significantly reduces energy consumption, minimizing the carbon footprint from electricity generation. PoE lighting uses fewer materials in its manufacture and requires less wiring than traditional systems, which reduces the carbon footprint associated with the production and transportation of materials.

·      Operational footprint: The ability to resize the maximum power of the luminaires, intelligent control, and monitoring allow optimizing energy consumption during operation, further reducing the carbon footprint. In addition, the longer lifespan of PoE luminaires decreases the frequency of replacements and the associated environmental impact.

Although there is no specific data for Mexico, considering the energy saving potential of PoE lighting and the high energy consumption of the commercial and industrial sector in the country (close to 60% of total national consumption, according to CONUEE), at ORCA PoE we firmly believe that a massive migration to this technology could generate significant savings at the national level.

Net Zero 2030 is a global challenge that requires the participation of all sectors of society. Mexican companies have the opportunity to lead the way towards a more sustainable future, adopting responsible practices and contributing to the construction of a low-carbon economy. Contact our team of experts!