NET ZERO emissions will be achieved when all GHG emissions released by humans are counterbalanced by removing GHGs from the atmosphere in a process known as carbon removal.

First and foremost, human-caused emissions (such as those from fossil-fueled vehicles and factories) should be reduced as close to zero as possible. Any remaining GHGs should then be balanced with an equivalent amount of carbon removal, which can happen through things like restoring forests or using direct air capture and storage (DACS) technology. Reaching net-zero emissions is akin to achieving “climate neutrality.”

Policy, technology and behavior need to shift across the board. For example, in pathways to 1.5˚C, renewables are projected to supply 70-85% of electricity by 2050. Energy efficiency and fuel-switching measures are critical for transportation. Improving the efficiency of food production, changing dietary choices, halting deforestation, restoring degraded lands and reducing food loss and waste also have significant potential to reduce emissions

At Net Zero Think we provide all companies with the ability to develop and maintain a Net Zero strategy.  Using our services and solutions, you will not only be able to achieve a strong Net Zero Target but and also show the world you have embarked on a Net Zero journey.

Your solution does 3 things:

1. Confirms your actual current carbon footprint
2. Confirms you have a Net Zero Reduction Plan
3. Enables you to show your commitment to achieve Net Zero to your customers and any other stakeholders.

All companies need to embark on the journey to Net Zero. We believe the sooner you do this, the better. During your journey, the biggest contributor to your overall carbon footprint is likely to be your supply chain.

As a supplier, you have a direct impact on the carbon footprint of your customers as your suppliers have a direct impact on your carbon footprint.

Companies are already asking suppliers to provide a Net Zero Reduction Plan.  Also sooner or later government may require a Net Zero Reduction Plan to tender for medium to large contracts.

This is just the start and ALL companies will need a Net Zero Reduction Plan as standard business practice.

A Net Zero Reduction Plan requires you to understand your actual carbon footprint first and then you can make a plan to get to Net Zero that is both realistic and credible. 

The GHG Protocol defines direct and indirect emissions as follows:

Direct GHG emissions are emissions from sources that are owned or controlled by the reporting entity.

Indirect GHG emissions are emissions that are a consequence of the activities of the reporting entity, but occur at sources owned or controlled by another entity.

The GHG Protocol further categorizes these direct and indirect emissions into three broad scopes:

• Scope 1: All direct GHG emissions.
• Scope 2: Indirect GHG emissions from consumption of purchased electricity, heat or steam.
• Scope 3: Other indirect emissions, such as the extraction and production of purchased materials and fuels, transport-related activities in vehicles not owned or controlled by the reporting entity, electricity-related activities (e.g. T&D losses) not covered in Scope 2, outsourced activities, waste disposal, etc.

1. Under the Paris Agreement, countries agreed to limit warming well below 2˚C (3.6˚F), ideally to 1.5˚C (2.7˚F). Global climate impacts that are already unfolding under today’s 1.1˚C (2˚F) of warming — from melting ice to devastating heat waves and more intense storms — show the urgency of minimizing temperature increase.
2. The latest science suggests that reaching the Paris Agreement’s temperature goals will require reaching net-zero emissions on the following timelines:
3. In scenarios limiting warming to 1.5˚C, carbon dioxide (CO2) needs to reach net-zero between 2044 and 2052, and total GHG emissions must reach net-zero between 2063 and 2068. Reaching net zero earlier in the range avoids a risk of temporarily overshooting 1.5˚C. Reaching the top of the range almost guarantees surpassing 1.5˚C for some time before it eventually drops down.
4. In scenarios limiting warming to 2˚C, CO2 needs to reach net zero by 2070 (for a 66% likelihood of limiting warming to 2˚C) to 2085 (with a 50-66% likelihood). Total GHG emissions must reach net-zero by the end of the century or beyond

Despite the benefits of climate action, progress is happening far too slowly for the world to reach net-zero by mid-century or meet emissions reductions necessary by 2030.

Global momentum for setting net-zero targets is growing quickly, with key economies like China, India, the United States and the European Union articulating such commitments. Bhutan was the first country to set a net-zero target in 2015. Now over 50 countries, representing more than half of global emissions, have set a net-zero target.

According to a new report by the Energy and Climate Intelligence Unit (ECIU) and Oxford Net Zero, 21% of the world’s 2,000 largest public companies now have net zero commitments.

Global Green House Gas Emissions by Sector   (Base Year: 2016)

Carbon neutral means "the amount of carbon (carbon dioxide,CO2) being emitted is equal to the amount of carbon being absorbed from the atmosphere.

Where as Net Zero is "the balance between the amount of greenhouse gases produced and the amount removed from the atmosphere.