Path to Net Zero: Scope 1 and 2 Emissions Guide

This guide focuses on establishing a path to net zero emissions, particularly addressing scope one and two emissions. It outlines the high-level approach to achieving net zero, which includes eliminating greenhouse gases, reducing emissions, substituting carbon-intensive activities, and neutralizing unavoidable emissions through offsets. The guide emphasizes the importance of establishing an accurate baseline carbon footprint across all scopes to understand risks and opportunities. It details the role of recognized international standards, such as the Greenhouse Gas Protocol and ISO 14064-1, in ensuring accurate calculations. The document also discusses the challenges of quantifying scope three emissions and the necessity of collaboration across the value chain. Furthermore, it highlights the need for integrating net zero targets into existing management systems to effectively manage stakeholder needs and compliance obligations. The guide concludes with initial steps organizations can take to reduce scope one and two emissions, emphasizing the importance of capacity-building and stakeholder engagement.