The Path to Net Zero
Balancing the amount of greenhouse gas (GHG) produced, and the amount removed from the atmosphere.
When it comes to sustainability, it’s common to hear or read about the phrase ‘path to net zero’. And although it’s used commonly enough, you may not know exactly what that means.
Let’s start by defining the term ‘net zero’.
Net zero generally refers to something which results in neither a surplus or deficit because the gains and losses cancel each other out. Within a climate and emissions context, this applies to the balance between the amount of greenhouse gas (GHG) produced, and the amount removed from the atmosphere.
An ever-increasing amount of GHGs and carbon in the atmosphere intensifies the global warming effect, and causes further planetary disruption via climate change. To keep global warming to no more than 1.5°C – as called for in the Paris Agreement – emissions need to be reduced by 45% by 2030, and reach net zero by 2050.
Reaching a state of net zero means that whatever carbon emissions are added to the atmosphere, they need to be removed or offset somewhere else so that a state of equilibrium is reached.
Although this will not cool the planet or ‘fix’ climate change, it will lessen and slow the runaway global warming effect which we are currently experiencing.
When it comes to your path to net zero and reducing your carbon emissions, our ESG and carbon footprint management software can assist to:
- Identify your emissions sources, track the consumption thereof (diesel for example), and calculate your emissions per greenhouse gas
- Provide you with access to a global standard emissions factors database via our in-built calculation engine
- Set emission reduction targets and track your progress in achieving these
Our ESG on Lumina product also includes the following emission factor libraries as established content within our indicator library for any Lumina user.
- Greenhouse Gas (GHG) Protocol
- Department for Environment, Food, and Rural Affairs (DEFRA)
- AP-42: Compilation of Air Emissions Factors | US EPA
- Code of Federal Regulations Part 98: Mandatory GHG Reporting
For more information, get in touch with one of our GHG and carbon footprint management software experts.