Research has shown that one in five businesses don’t fully understand the term ‘net zero,’ and almost a third have yet to seek advice or information to help them develop a net zero roadmap or improve their environmental sustainability.
Net Zero simply refers to a state in which the greenhouse gases going into the atmosphere are balanced by removal out of the atmosphere.
Therefore a commitment to net-zero carbon means reducing the organisation’s overall greenhouse gas emissions with the goal of balancing the emissions produced and emissions removed from the earth’s atmosphere. An organisation can achieve net-zero by:-
- Firstly reducing its greenhouse gas emissions across all activities as much as possible.
- Secondly (in the longer term) by supporting and funding the removal of carbon dioxide produced by any residual emissions the business produces, e.g., by investing in renewable energy projects through buying ‘carbon credits’.