We believe that achieving net zero can unlock benefits in many areas of your business. To achieve it requires a blend of technical expertise, data, rigorous process and vision.
‘Net zero’ is a term that refers to efforts to bring greenhouse gas emissions from human activities down to a neutral level. Put simply, ‘net zero’ means that greenhouse gas emissions = greenhouse gas removals. Given the difficulty of removing greenhouse gasses from the atmosphere, the most effective way to reach net zero is to eliminate emissions. So when governments or corporations talk about ‘net zero’, they are talking about reducing and eventually eliminating greenhouse gas emissions.
In June 2019, the UK became the first major economy in the world to pass a net zero emissions law. The target requires the UK to bring all greenhouse gas emissions to net zero by 2050 relative to 1990 levels. It is one of the most ambitious targets in the world and reaching it will require all organisations and individuals to play their part in reducing emissions.
PwC estimates that about 50% of this investment will need to come from the private sector. The existing squeeze on local authority budgets means that attracting private investment to net zero projects is more important than ever. Yet, 9 out of 10 councils do not believe there is a sufficient financing plan in place to reach net zero by 2050, and 73% say the bureaucracy and uncertainty of government funding is unattractive to private investors. The Net Zero Delivery Vehicle has been specifically developed to address these challenges.
Greenhouse gasses act like a blanket around Earth. The higher the concentration of greenhouse gasses in the atmosphere, the hotter the planet becomes.
The primary aim of achieving net zero is to keep Earth’s average temperature increase below 1.5°C relative to pre-industrial levels because global warming beyond this point fundamentally changes Earth’s climate, impacting our way of life as we know it today.
Our approach to net zero is based on our extensive experience of designing and implementing large scale energy efficiency projects and programmes for local authorities, commerce, and industry.
We can help you on each stage of the project lifecycle, end-to-end or as needed to support your teams.
Net Zero – how we help you
Together, we will develop a long-term, integrated net zero strategy based on sound technical and economic fundamentals, in tune with your corporate strategy. We can then take this strategy and support you in turning it into measurable actions and results.
Our clients boost their energy productivity, reduce their environmental impact and reduce risk.
Throughout this process we utilise relevant tools. Two of those that work across many businesses are the Multiple Benefits model that supports successful business cases to deliver maximum impact and the Net Zero Delivery Vehicle, which has been specifically developed to address these challenges.
Multiple Benefits
The Multiple Benefits tool provides a tried and tested systematic way to assess energy-saving projects, and to evaluate the operational and strategic benefits of the wider, and often more valuable, non-energy benefits.
There are many benefits that can be linked directly to your strategic objectives and we will show you how to measure them. You can then quantify them using data relevant to your specific project or business. These can dramatically increase the viability of energy projects. The methodology is shown below. Using this will enable you to produce much more compelling business cases than those looking at energy efficiency alone.
