What does it mean to be net zero?
Net zero is achieved when your organisation’s residual emissions are balanced by greenhouse gas removals or offsets.
Working towards net zero means focusing on deep decarbonisation of your business and value chain. When you have maximised your abatement, you use carbon offsets or removals to reach net zero.
What does it mean to be climate positive?
If your target is to be climate positive, you may also consider going beyond net zero by
- offsetting more than your carbon footprint
- offsetting historical emissions
- achieving true zero without offsets
Why should you consider becoming net zero?
Working towards net zero shows that you acknowledge the need to decarbonise and you see the opportunities this creates for your business, and not just the costs.
Business benefits are:
- Increased business value, reputation and growth
- Investment in low-carbon technology and products/service innovation
- Better talent acquisition and retention
- Informed sustainable procurement decisions
- Operational cost savings and better bottom line
- Engaged and aligned stakeholders
How do we help you achieve net zero?
We are known for developing net zero strategies that are pragmatic and are endorsed by senior decision makers. We developed some of the earliest clean energy strategies for business in 2014, and have helped more than 100 organisations plan their net zero journey, including NSW and ACT government agencies. By 2030, we aim to help over 1000 businesses transition to net zero emissions.
The first step of our project delivery, ‘align’, is about engaging with your key organisational stakeholders and your Executive Leadership team. We believe it is important to bring your stakeholders along on the journey from the start, to ensure buy-in. Through workshops, one-on-one meetings and by running a diagnostic, we will create a whole-of-organisation consensus on what your net zero strategy will include.
In the second step, ‘analyse’, we will develop your carbon footprint, identify your abatement and offset opportunities, develop the business cases and create short, medium and long term plans.
In the final phase, ‘adopt’, we will develop your Net Zero Strategy, recommend interim targets and help you secure support to adopt your strategy.
What will you get throughout the project delivery?
- Executive and key stakeholder alignment with your net zero goal
- Net zero diagnostic results and recommendations report
- Increased climate literacy and understanding of value chain emissions
- Your carbon footprint and projected emissions
- Net zero emissions abatement solutions
- Short/medium/long-term action plans
- Your net zero strategy and pathway
- Presentation of the strategy to the Executive/Board
- Senior management commitment to net zero with interim targets
- Your recommended immediate next steps
How long does it take to develop your net zero strategy?
Typically, it takes four to six months from the time you engage us to the final net zero strategy. Depending on the extent of your desired consultation, you may want to develop this over a longer period.
If you require help with setting targets, please have a look at our science-based targets service offer, which explains everything your business needs to know about setting short and long-term targets that are in line with science-informed requirements to keep temperature rise within safe levels.
For further information, please download our Net Zero Strategy brochure.
Relevant episodes from the “Driving Net Profit with Zero Emissions” Podcast
- How to get to net-zero for the built environment NOW, with Bruce Precious
- Lion’s net-zero big pitcher – doing the right thing for the long term, with Justin Merrell
- Setting sail for ‘climate positive’ with the Sydney Opera House
Blog posts and videos
- Net-zero goals – how to determine what’s in and what’s out?
- Bridging the ambition gap [with video]
- Net zero commitments by states, local governments and communities – Dec 2021
- The top 23 Australian universities for climate action commitments in 2021
- What the latest IPCC report means for your net-zero target [with video]
- What is the meaning of carbon-neutral, net-zero and climate-neutral? [with video]
- Best practice climate action strategies for local governments [with video]
- Best practice examples and insights for communicating your net zero journey
- NSW as a renewables superpower and what must be done to reach net-zero emissions
- 3 considerations if making ‘zero emissions’ claims for your electric vehicles [Part 2]
- Claiming ‘zero emissions’ for the operation of your EVs [Part 3]