Net Zero

We’re building a net zero energy company that will power tomorrow and protect the planet for future generations. As part of our vision, and in alignment with the Paris Climate Agreement, we believe it is critical to build scale and momentum in renewable energy generation to help reduce greenhouse gas emissions. As a commitment to this vision, Low Carbon has set the goal of achieving net zero greenhouse gas emissions by 2030 across Scope 1, 2 and 3.

Achieving net zero emissions is an important and realistic target for all businesses and the global economy as a whole. While business has a crucial role to play in the pursuit of net zero future, households and the public sector also have a key role to play in urgently reducing their carbon emissions. With the conclusion of COP26 in Glasgow, nearly 200 countries agreed the Glasgow Climate Pact to keep 1.5C alive and to finalise the outstanding elements of the Paris Agreement.

The Glasgow Climate Pact will speed up the pace of climate action including the phasing down of fossil fuels. All countries agreed to revisit and strengthen their Nationally Determined (NDC) emissions targets to 2030. Glasgow also saw the completion of the Paris Rulebook, the guidelines for how the Paris Agreement is delivered. This will allow for the full delivery of the landmark accord, after agreement on a transparency process which will hold countries to account as they deliver on their targets.