The purpose of Net Zero Now is to provide the support & infrastructure to help businesses in a wide variety of sectors to take climate action now.
We now know that a Net Zero global economy is the destination. The challenge we face is that the detail of what that means and how to get there is different for different sectors. A Net Zero farm, is different to a Net Zero holiday, is different to a Net Zero airport.
Net Zero Now seeks to solve this problem with the development of sector-specific initiatives that provide consistency about what constitutes net zero and guidance on how to get there.
Development of the sector-initiative is funded by a sector sponsor and then delivered by a partner such as a trade association, which takes responsibility for promoting the program to the sector and providing the certification and registry services.
5 Principles of Net Zero
Every sector, product and service has its own unique idiosyncrasies and not all of these can be captured in a single comprehensive protocol.
The 5 principles of Net zero serve to provide a common foundation upon which sector specific protocols can be developed that deal with the complexity but share common ground.
Emissions must be calculated in accordance with the appropriate GHG Protocol methodology and include all Green House Gasses (GHGs)
Emissions in scope must include all relevant value chain sources
Emissions reduction targets are mandatory and must be compliant with SBTi criteria and accompanied by credible delivery plans
Carbon offset instruments must be certified to recognized standards and the balance between removal and avoidance offsets must align with the Oxford Principles
Businesses must share details of their climate plans and action transparently and advocate for widespread adoption of paths to net zero.
Contact us to become a sector sponsor or delivery partner