SBTi Seeks Feedback for Corporate Net-Zero Standard Updates
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Read Full ArticleThe Energy Institute has today confirmed its trajectory towards ending the impact of its central operations on the climate.
The global professional membership body’s council of trustees and senior leadership team have agreed initial science-based targets for reducing emissions of greenhouse gases in line with the Paris Agreement.
The emissions covered by the targets include those relating to the Energy Institute (EI)’s London head office and business travel undertaken by staff.
During 2019, the baseline year from which progress will be measured, a total of 358.1 tonnes of CO2 equivalent were emitted in the course of these activities, of which business travel accounted for 85 per cent.
“The EI is resolved to end its own impact on the climate and is joining a growing number of organisations on an ambitious but managed journey to net zero.”
–Steve Holliday FREng FEI
President, Energy Institute
The EI has today committed to a reduction of 26.2 per cent by 2025, moving to 47.9 per cent by 2030 and 67.9 per cent by 2035. This trajectory will be achieved without offsets.
EI President Steve Holliday FREng FEI said:
“The climate emergency demands changes in behaviour across the board – from governments, businesses and societies. The EI is resolved to end its own impact on the climate and is joining a growing number of organisations on an ambitious but managed journey to net zero. We do not yet have all of the answers, but I hope our members, partners and customers will be inspired to follow.
“The current pandemic has wreaked personal and economic tragedy. But it could yet lead to something positive too, if we’re smart with how we emerge from it. We must not squander this opportunity to rebuild our economies in a more sustainable way that averts future shocks to our way of life.”
Picture: A photograph of a person holding a green plant. The image is a close-up of the person's palm
Article written by Ella Tansley | Published 02 June 2020
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