At this point we must separate Sustainability from Decarbonization. At Magnus Commodities we work on the latter in an integral way, aligned with the departments that manage all those voluntary initiatives that mark the route hour composed of ESG / CSR / ODS elements, etc.
Sustainability is voluntary, but Decarbonization is mandatory by law, with different geographical covenants and a common link, as well as the need to reduce Greenhouse Gases (GHG) in order to achieve Neutrality by specific dates.
We as Europeans agreed on the European Green Deal, which sets two fundamental milestones: 1) 55% GHG reduction by 2023 vs. 1990 values, and 2) Climate Neutrality (100% reduction) by 2050.
Faced with the European Green Deal, some companies are going to wait until the deadlines have passed, although the vast majority of our clients have gone ahead, being much more demanding than what the law stipulates, demonstrating a clear commitment to the environment and care for our planet. Complying with the norm is not enough, we must go ahead.