The climate challenge

The science is clear – we need to reduce greenhouse gas emissions quickly and significantly

Encouragingly, many companies and countries are now committed to limiting global warming, but the scale of change required to re-shape the global economy is enormous.

Scientific consensus states that emissions must fall by as much as 55% by 2030 to keep warming to 1.5°C.

This means a 7% fall in emissions annually for the next decade.

Scientific consensus states that emissions must fall by as much as 55% by 2030 to keep warming to 1.5°C.

This means a 7% fall in emissions annually for the next decade.

Current pledges and targets are not remotely sufficient

The world needs to reduce emissions fast to keep within 1.5oC. The science tells us we need to cut global emissions by 55% to be on a pathway to net zero by 2030 and reach net zero by 2050. Emissions reductions in companies’ own supply chains are not enough. Using voluntary carbon credits as part of a company’s decarbonisation strategy in a strategic, credible way is an essential tool if we are to meet the Paris Agreement targets.