In simple terms, Net Zero means bringing the emissions ending up in the atmosphere to a high enough level such that an equivalent number of emissions is taken from it, resulting in an essentially net environmental footprint of origin to destination equal to zero. Attaining net-zero is a fundamental requirement both for slowing down global warming and lessening the disastrous impacts of climate change. When it comes to business, however, it is more than just environmentalism; it is about really long-term viability, generating growth in innovations, and being ahead in the very fast-changing marketplace.
The need for corporate accountability magnifies the urgency for Net Zero. Global warming and changes in the climate are speeding up, in turn, causing the severity of weather events to be even more serious than before; bringing about rising sea levels in certain places; and thus, disrupting ecosystems.
As a responsible and forward-thinking organization, we recognize the profound effect our operations and decisions have on the planet, and we are committed to aligning with international climate agreements, such as the Paris Agreement, to help limit global warming to well below 2°C.
Net zero promises much more than environmental benefits: Companies that have committed to this notion have continued to harvest the business edge through efficiency gains in operations, improving reputational threat, and attracting similar-minded partners, customers, and talent.