OUR VISION
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.
At the heart of each initiative is a unique SECTOR PROTOCOL that defines what net zero means for that sector and provides a standard against which businesses that want to go net zero can be certified.
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.
1
Emissions must be calculated in accordance with the appropriate GHG Protocol methodology and include all Green House Gasses (GHGs)
2
Emissions in scope must include all relevant value chain sources
3
Emissions reduction targets are mandatory and must be compliant with SBTi criteria and accompanied by credible delivery plans
4
Carbon offset instruments must be certified to recognized standards and the balance between removal and avoidance offsets must align with the Oxford Principles
5
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