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Creating Net-Zero Businesses

A state in which there is no net impact on the climate from company's greenhouse gas emissions

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Net-Zero-by-2050

Why Net-Zero?

The IPCC Special Report on Global Warming of 1.5°C advised that we must keep global average temperature rise to below 1.5°C to prevent catastrophic climate change. In practice, this means reducing global greenhouse gas emissions to net-zero by no later than 2050.

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The role of carbon credits in the transition to net-zero

Companies should prioritise internal reductions, but there will be unavoidable emissions throughout the journey to net-zero. It is best practice to compensate for annual emissions by purchasing carbon credits from projects that avoid or reduce emissions outside of a company's value chain. Financing emissions reduction or avoidance activities elsewhere means that even if internal reductions are limited, a company can still contribute to reducing global emissions and create positive impacts towards other global Sustainable Development Goals and towards becoming a net-zero business.

The G13+ approach
G13+ recommends a science based approach, meaning businesses should aim to reach net-zero by 2050. For many SME's, a target will often include an interim goal to halve emissions across their value chain by 2030. Companies can choose to have their targets validated by the Science Based Targets Initiative (SBTi)
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Set a target to reach net-zero
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Reduce emissions in line with a 1.5°C trajectory
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Compensate for unavoidable annual emissions
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Balance residual emissions with long term carbon removals

Let us help you find a net zero solution for your business goals