Carbon Management Engineering

Farmacias Medigen: a carbon neutral pharmacy

At Toroto we are convinced that in order to achieve carbon neutral society, the participation of all companies is necessary, no matter how small or large they are. This is how we measure the carbon footprint of three pharmacies located in Tehuacán, in which six people work.

Basic information

  • The carbon footprint of three pharmacies was measured
  • Measurement and reporting adhered to international protocols
  • Projecto located in Tehuacán, Mexico
  • Quantification of their scope one, scope two and scope three emissions
  • 100% of the carbon footprint offset

Project Overview

Over the last few years, it has been a challenge for small and medium-sized companies to obtain environmental consulting services in an accessible way and adhering to globally recognized protocols. The above is no longer a reality. As proof of this, Toroto measured Farmacias Medigen Tehuacán's carbon footprint and carried out an emissions inventory. For this measurement, relevant emission sources were included along the value chain of pharmacies, something that not any company is willing to do. In order to become a carbon neutral pharmacy, Farmacias Medigen Tehuacán offset 100% of its emissions with the acquisition of carbon credits through Toroto.

Details

Why is it important for SMEs to measure and report their carbon footprint?

Although the carbon footprint of a SME is usually smaller than that of other larger companies, around 99% of companies in Mexico are SMEs and together they represent more than 70% of formal jobs in the country. In addition, they contribute to more than 50% of GDP. Together, small and medium-sized businesses can take action to build a carbon-neutral society.

Every day, society looks for new options of companies that meet specific standards. Environmental responsibility is a criterion that consumers take increasingly seriously. Currently, a company that takes actions with respect to its environmental performance is more attractive to new consumers and investors, it stimulates loyalty in both its customers and its employees, and can perform strategies that generate competitive advantages.

Why is it important to measure emissions from a company's value chain?

These emissions are known as “scope three emissions”. Because they are part of the direct emissions of another company that sells goods or provides services to the reporting company, they are not emissions that must be included in the inventories on a mandatory basis. Despite the above, the most relevant scope three emissions for the company can represent around 80% of the carbon footprint. In this way, a company can demonstrate a high climate commitment and action with an inventory whose limits are well defined throughout its value chain.

Geographical location