- Reduction target: Through the SME Climate Hub, businesses commit to cutting their Scope 1&2 greenhouse gas emissions by at least 50% by 2030, and reaching net zero by 2050 or sooner.
- Baseline year: Emissions reductions should be calculated from a base year of 2019 or later.
- Focus on core operations: The primary target is to reduce emissions from your direct activities (Scope 1 & 2). This includes areas such as company vehicles and facilities, and purchased energy.
- Addressing Scope 3: While not mandatory, aiming to halve your most significant Scope 3 emissions (indirect emissions from your value chain) demonstrates a strong commitment.
See we are a fast-growing company, how do we go about setting near-term targets? For more information on setting near-term targets for 2030.