Net-zero target

Setting a net-zero target at the level of an undertaking aligned with meeting societal climate goals means:

(a) achieving a scale of value chain emissions reductions consistent with the abatement required to reach global net-zero in 1.5°C pathways; and

(b) neutralising the impact of any residual emissions (after approximately 90-95% of GHG emission reduction with the possibility for justified sectoral variations in line with a recognised sectoral pathway) by permanently removing an equivalent volume of CO₂.