Net Zero refers to producing zero carbon dioxide emissions by balancing emissions against carbon emission reduction, and carbon offsetting strategies. Demonstrating a commitment to managing your Carbon Footprint and environmental impact will help to improve your brand image in an increasingly green-conscious world.
Governments around the world are putting in place new regulations to ensure companies take action and commit to net zero. The UK Government has introduced new regulations to ensure organisations start their Net Zero journeys. One example is the recent introduction of the Public Procurement Notice (PPN) 06/21. Moreover, the Task Force on Climate-Related Financial Disclosures (TCFD) is expected to be mandatory for large companies soon. This will force those organisations to monitor, analyse and reduce their carbon emissions.
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Net Zero refers to producing zero carbon dioxide emissions by balancing emissions against carbon emission reduction, and carbon offsetting strategies. Demonstrating a commitment to managing your Carbon Footprint and environmental impact will help to improve your brand image in an increasingly green-conscious world. | Governments around the world are putting into place new regulations to ensure companies take action and commit to Net Zero. The UK Government has introduced new regulations to ensure organisations start their Net Zero journeys. One example is the recent introduction of the Public Procurement Notice (PPN) 06/21. Moreover, the Task Force on Climate-Related Financial Disclosures (TCFD) is expected to be mandatory for large companies soon. This will force those organisations to monitor, analyse and reduce their carbon emissions. |
Governments globally are putting into place restrictions on carbon consumption. Therefore, while becoming Net Zero isn’t a legal requirement now, steps are being made in that direction. | To keep up with the predicted trajectories we recommend all companies aim to achieve Net Zero. Not just to stay in line with the UK’s aim of achieving Net Zero by 2050, but also to demonstrate to your clients, customers and investors that you are climate conscious. |
The Uk has set a goal of achieving Net Zero emissions by 2050. Companies, however, do not have this deadline. Nonetheless, to remain in line with legal predictions on carbon consumption, we recommend taking the necessary steps in the journey of becoming Net Zero. | Becoming Net Zero soon will also have benefits such as: – Improving brand image – Saving money through reducing energy consumption and waste costs – Improving employee engagement by keeping teams informed of their environmental roles and responsibilities.
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The first step to become carbon neutral is to develop a practical energy policy, supported by a clear strategy to deliver it.It is important that any policy created is designed to fit the organisation, accurately reflecting the company’s existing culture and objectives. | A successful energy policy and strategy must be fully adopted at a senior level. Integration into the business is essential, as is full “buy-in” from team members. Only with full support will the policy have the opportunity to maximise business efficiency and minimise management costs. Any Net Zero Policy should cover four key areas: – Commitment – Policy – Objectives – Immediate Aims
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There are endless reasons for being Net Zero.Not only is it important for the future of our planet, but by becoming Net Zero you are demonstrating to your clients and investors that you are managing your carbon footprint and environmental impact. This helps with transparency and will also help to improve your brand image in an increasingly green-conscious climate.
| Achieving Net Zero can also save money through reduced energy consumption and waste costs, improving the overall efficiency of company operations. You can be ahead of the curve for future compliance requirements, reviewing if your day-to-day activities are sustainable and meet detailed scrutiny. It can improve employee engagement, keeping teams informed of their environmental roles and responsibilities. |
What are the benefits of going Net Zero?
Demonstrating a commitment to managing your carbon footprint and environmental impact will help to improve your brand image in an increasingly green conscious climate.
It can save money through reduced energy consumption and waste costs, improving the overall efficiency of company operations.
You can be ahead of the curve for future compliance requirements, reviewing if your day-to-day activities are sustainable and meet detailed scrutiny.
It can improve employee engagement, keeping teams informed of their environmental roles and responsibilities.
What’s the difference between Carbon Reporting vs Carbon Offsetting?
We are often asked about the differences between carbon reduction schemes and carbon offsetting.
In short, carbon reduction is actively reviewing existing processes and operations and taking steps to improve efficiency and reduce carbon emissions. Prime examples of this include changing lighting systems to efficient LED set ups and reviewing transport fleet usage to identify savings.
Carbon offsetting is one-way companies and organisations can reduce their carbon footprint. Rather than reduction, it involves making up for the release of carbon emissions in one sector by reducing emissions elsewhere. Examples include reforestation and tree planting, avoiding deforestation, and using renewable energy sources.
We recommend investigating and implementing carbon reduction schemes before embarking on carbon offsetting projects. Active reduction measures show a stronger commitment to your environmental responsibilities, compared to simply offsetting everything. Your clients are doing their due diligence and will expect you to “walk the walk” not just “talk the talk”.
Like to discuss? Talk to our Senior Advisors
Talk to our Senior Advisors if you need more information about becoming Net Zero.
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