What’s New At Fitsol?
Webinar Recap: Decarbonizing Automotive Supply Chains Towards a Net Zero Bharat
Fitsol’s latest Net Zero Bharat Initiative webinar brought together sustainability experts to discuss automotive supply chain decarbonization, renewable energy integration, and circular economy practices. Attendees explored practical strategies to reduce carbon emissions in the automotive sector and accelerate India’s journey towards a net zero future. Our Net Zero Mentors, Onkar Madan, Sidharth Sekhar, and Arman Ahmad, shared actionable insights on leveraging innovative technologies and sustainable solutions to drive measurable impact.
Exclusive Offer for Attendees: Early participants received access to Fitsol’s Green Packaging Asset Design Tool (Beta), an AI-powered solution designed to optimize returnable packaging, lower costs, and minimize carbon emissions. Don’t miss upcoming webinars under Fitsol’s Net Zero Bharat series, your gateway to mastering supply chain sustainability, carbon footprint reduction, and industrial decarbonization.
Watch it here:
The Fitsol Fix
Sector Spotlight: Paper & Pulp – Decarbonizing Supply Chains
The paper and pulp industry faces rising pressure to reduce carbon emissions across operations and supply chains. High energy use, fossil-fuel dependency, and Scope 3 emissions from fiber sourcing and transport challenge sustainability and compliance with BRSR, GRI, and global standards.
Key Challenges
Energy-intensive mill operations and fossil-fuel reliance
Limited traceability in sourcing, increasing deforestation risk
Significant emissions from raw material transport and logistics
Decarbonization Pathways
Renewable energy integration and energy-efficient systems
Sustainable fiber sourcing and circular economy practices
AI-driven supply chain optimization to reduce emissions and costs
Fitsol’s Role
Fitsol empowers paper & pulp companies with carbon accounting, supply chain visibility, and AI-powered recommendations to cut Scope 3 emissions, improve sustainability, and achieve measurable compliance.
Around the World: Trends Shaping Climate & Business
Photo by Matthias Heyde on Unsplash
CO2 Levels Hit Record Highs in 2024, WMO Reports
Carbon dioxide (CO2) levels in the atmosphere surged to new record highs in 2024, according to the World Meteorological Organization (WMO). Continued human emissions, amplified by wildfires, combined with reduced absorption by natural carbon sinks, drove this unprecedented increase. The global average CO2 concentration rose by 3.5 ppm from 2023 to 2024—the largest annual increase since modern measurements began in 1957. Rising CO2 levels contribute to long-term global warming, extreme weather events, and climate instability. Methane and nitrous oxide concentrations also reached record levels, further intensifying greenhouse gas effects. WMO emphasizes that strengthened monitoring of greenhouse gases is critical to inform climate action and policy. The report highlights that warming oceans and stressed terrestrial sinks reduce CO2 absorption, creating a vicious climate cycle. As the world heads into COP30, the bulletin underscores the urgency of accelerated emissions reduction and sustainable climate strategies.
Source: World Meteorological Organization
Australian Tropical Rainforest Trees Now Emit More Carbon Than They Absorb
For the first time, Australian tropical rainforest trees have switched from being a carbon sink to a carbon source, releasing more CO₂ than they absorb. The change affects trunks and branches, while roots remain carbon-neutral, and began around 25 years ago, according to a study published in Nature. Long considered vital carbon sinks, tropical forests store carbon as trees grow and release it when they decay. Data from nearly 50 years of tropical forests across Queensland reveal that increasing temperatures and drier conditions have caused more trees to die than grow, threatening the forests’ ability to absorb carbon. Researchers note that Australia’s moist tropics may serve as a warning for tropical forests globally. If similar shifts occur elsewhere, current climate models and carbon budgets could underestimate future global warming, highlighting urgent implications for climate policy and forest conservation.
Source: The Guardian
IMO Carbon Tax to Transform Global Shipping
The International Maritime Organization (IMO) is preparing rules for ships to pay for over 1 billion tonnes of annual greenhouse gas emissions, pushing the industry toward low-emission fuels like ammonia. Expected to generate $10+ billion annually, the plan could impact shipping costs and supply chains worldwide. Ships failing emissions intensity targets may face penalties ranging from $100 to $380 per tonne, with regulations set to begin in 2027 and payments from 2029.
For businesses, this signals a major shift in global carbon compliance. At Fitsol, we help companies in shipping and logistics measure, monitor, and reduce carbon emissions across operations and supply chains—preparing them for emerging international regulations and net-zero requirements.
Source: KnowESG
Malaysia to Introduce Carbon Tax and Boost Renewable Energy
Malaysia’s 2026 budget includes the introduction of a carbon tax targeting the iron, steel, and energy sectors, alongside ambitious renewable energy expansion under the FiT programme, corporate renewable energy schemes, and the Vietnam-Malaysia-Singapore project. The initiatives aim to increase solar, biomass, biogas, and small hydro capacity, supporting the country’s net-zero by 2050 goal and the National Energy Transition Roadmap (NETR).
For businesses, this signals growing regulatory and market pressure to measure and manage carbon emissions.
Source: KnowESG