To solidify our commitment to Net Zero 2030 and to help us achieve our carbon reduction strategy (stay tuned for more information on this), we have set the following emissions reduction target which has been approved by the Science Based Targets initiative:
“Optimised Energy commits to reduce absolute scope 1 and scope 2 GHG emissions 50% by 2030 from a 2018 base year, and to measure and reduce its scope 3 emissions”.
Science-based targets are emissions reduction targets in line with what the latest climate science says is needed to meet the goals of the Paris Agreement - to limit global warming to well-below 2°C above preindustrial levels and pursue efforts to limit warming to 1.5°C. The above target is consistent with reductions required to keep warming to 1.5°C, the most ambitious goal of the Paris Agreement and to prevent the most damaging effects of climate change.
The latest science has made it clear that more needs to be done - and faster - in order to avoid the worst impacts of climate change and secure a thriving, sustainable economy. The next few years are critical, and companies have a vital role to play in helping achieve transformation at the pace and scale that is needed.
Businesses taking science-based climate action benefit from greater opportunities for innovation, strengthened investor confidence and improved competitiveness.
To find out more about how the Optimised Group can support you with your net zero ambitions, click here.