What does it mean to be net zero ?
CARBON FOOTPRINT net zero
What does it mean to be net zero ?
Put simply , net zero is the balancing of the amount of greenhouse gases ( GHG ) produced versus the amount removed from the atmosphere . By reducing and removing emissions from the environment , an organisation can achieve net zero and ensure that what they add is no more than what they take away .
Source : National Grid
The value in quality data and collaboration For most organisations , carbon accounting practices are by and large at the same level that it was more than 30 years ago . This data immaturity is most noticeable in Scope 3 emissions , which is often spread across multiple spreadsheets or systems , with processing done inconsistently and often relying on secondary data . Though this approach could fly under the radar when used solely for annual sustainability reports , future-ready businesses will need much more accurate , granular , timely and transparent emissions data to maintain their positions in the industry and meet their ESG goals .
To tackle this data gap , collaboration with value-chain partners and alliances that matter will be crucial to build out
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