Black Swan Graphene Inc. is pleased to announce the initiation of a green house gas (GHG) modeling, decarbonization, and net zero strategy project in partnership with Synergy Enterprises, a firm specializing in greenhouse gas accounting and decarbonization, based in Victoria, British Columbia ("Synergy").
As a company that produces a material with potential to decarbonize different sectors of the global economy, notably the concrete and polymers industries, strong environmental, social and governance (ESG) and net zero commitments will naturally be core elements of Black Swan Graphene's positioning. Synergy will model the baseline green house gas emissions of Black Swan's phased development plan in conjunction with the Company's scoping study announced on November 21, 2022. Based on this model, Synergy will also create a decarbonization strategy to bring the company to net zero emissions by 2030. This strategy will include GHG reduction targets, and will identify key sources of emissions to reduce, technology and operational initiatives to achieve reductions, and key performance indicators to monitor. Lastly, Synergy will develop an external ESG strategy for use in stakeholder communications.
Michael Edwards, Chief Operating Officer of Black Swan, commented: "We are pleased to engage with Synergy and be able to leverage their ability to combine our sustainability aspirations with a business centered approach."
