Purpose: The purpose of this assignment is to develop an understanding of the first step

of operationalizing the framework for LCE, which is the total space allocation for the

selected industry, organisation and a product based on allocation principles discussed in

week$2.$ This will increase your familiarity with how the environmental space is allocated

to achieve the $2\backslash$deg C reduction goal, and the relevant reduction pathways towards

decarbonization. As a result of completing this assignment, you will be able to determine

the environmental space allocated or the emission budget of your industry and product, and

the reduction required to meet the $2\backslash$deg C reduction goal.

Task: The assignment will require week $1$ and week $2$ lectures. Therefore, you should

attempt the following tasks by using both week$$s lecture materials. Before you attempt the

following tasks, find an industry sector, a company and a product that you want to

investigate, ideally from your technical background. It is also critical to remember that the

assignments throughout the term will be a rolling one, therefore, the chosen product will

be used for assignments $2$ and $3$ as well. The annual Share of the Safe Operating Space for

climate $($SoSclimate$)$ in $2022$ reference year is estimated to be $52\mathrm{.}069$ MtCO$2$eq$/$year based

on IPCCs SSP$1-1\mathrm{.}9$ scenario $($IPCC$,2018).$ By using this and the chosen product and the

company:

$$ Determine SoS for the sector $($SoSsector$),$ the company $($SoScompany$)$ by using

one of the allocation principles discussed in the week $2$ lecture for the

reference year $2020$ after clearly justifying the choice of allocation principle.

$$ By using another allocation principle from the week $2$ lecture notes,

determine the SoS for your chosen product $($SoSproduct$)$ for the reference year

$2020$ after clearly justifying the choice of allocation principle.

$$ Determine the estimated volume growth $/$ year of your chosen organization

and the product from $2022$ to $2050$ by using the publicly available data. You

may use simple regression analysis to do this by using past data if the data is

not available. Resulting growth should be shown as a graph after providing

data set or regression model used.

$$ Determine the change in the SoSproduct from $2022$ to $2050$ and show a graph

after providing data set or regression model used.

$$ Comment on the advantages and disadvantages of the chosen SoS allocation

method and discuss potential implications for your organization, sector and

for the planet.

Note:

$$ You may make assumptions if you need one after clearly stating them.

$$ All tasks are not equal value.