Net Zero Strategy
The first step of a Net Zero review is to analyse your company’s current environmental impact. This can be done by assessing the greenhouse gases your business outputs on a day to day basis. This is more than your carbon footprint. It covers all your emissions and your overall environmental impact.
Net Zero Targets
Once you have a good idea of your current performance, which areas can be improved or maintained, the next step is to set targets. These targets should focus on reducing your greenhouse gas usage by a quantifiable amount over a set period of time using a framework like SBTI (Science-based targets initiative).
Net Zero Strategy
With your Net Zero targets established, you must also commit time to planning how exactly you intend to reduce your impact on the environment within the time-period you have decided upon. This is the part of the process most likely to lead to disaster if not handled correctly. Good Management helps companies like yours to set their Net Zero strategy in place.
Our ESG data management service promises to help assess your company and its ongoing environmental efforts. This can help you know what you need to do to meet your Net Zero goals, as well as provide you with valuable data. performance, as well as a better idea of where to focus its resources going forwards.
It’s all well and good vowing to reduce your company’s environmental impact and pledge to achieve Net Zero. But if you don’t assess your supply chain and its impact as well then you could be ignoring the most harmful aspect of your business. Managing Scope 3 emissions through your emissions is the secret to a successful Net Zero performance.
It is important when attempting to achieve Net Zero status that consistent reporting is maintained throughout. This helps to ensure that progress is being made. Your Net Zero reporting is made easier by consistent data gathering and a quality communications strategy.
Modern consumers want to work with a business with interests above and beyond their profits. They are passionate about supporting companies who pay attention to their environmental impact. Throughout your journey to Net Zero, communicating with consumers will have a positive impact on your business.
Creating the Perfect Net Zero Policy
Getting an idea of your company’s carbon footprint and current Net Zero performance allows you to decide which steps to take next. To get a general idea of your carbon footprint you must multiply the activities you undertake that produce greenhouse gas by the amount of gases these activities emitted. Let us help you with your Net Zero calculations.